The United Shipbuilding Corporation, which builds most Russian warships, has also been sanctioned. The United States of America has approved new sanctions against Russia. The lists were published on the website of the US Treasury Department. In particular, the Russian company Alrosa, a Russian state-owned enterprise and the world's largest diamond mining company, got there.…
Category: economy
The State Bank supported a soft loan of 2.7 billion hryvnias to farmers
1000 farmers have already received loans. State PrivatBank provided soft loans for sowing works on UAH 2.7 billion Under the agricultural financing program, 1,000 Ukrainian farmers and agricultural enterprises have already received loans. This is stated in the bank's statement. The application for preferential lending to agricultural producers can be submitted online on the bank's…
The transport blockade of the Russian Federation must be expanded, otherwise its impact on the aggressor will be minimal. We tell how
It is necessary to introduce a comparable transport blockade for Russia. EU-imposed transport restrictions are not critical for Russia : total losses of Russian exports will amount to about 5 million euros per year (approximately 0.1% of total exports). At the same time, the total losses of Ukraine's economy from the transport blockade due to…
Russia's losses from the transport blockade are negligible compared to Ukraine's
Ukraine loses about $ 3-5 billion a month from the transport blockade. In the latest package of sanctions, the European Union has introduced a partial transport blockade RF. However, the imposed restrictions are not critical – the total loss of Russian exports will be about 5 million euros per year (approximately 0.1% of total exports).…
Russia's first company to investigate Bucha killings and punish perpetrators – Financial Times
Rusal also calls for peace. Oleg Deripaska's Russian company Rusal became the first , which called for an investigation into war crimes in Ukraine. This was reported by the Financial Times. It is noted that unlike other major Russian exporters and its founder (Deripaska), “Rusal” is not under sanctions. “Reports from the Ukrainian We believe…
Payments for Russian gas in rubles will be considered a circumvention of sanctions against Russia – the head of the European Commission
According to her, this carries risks for the European economy. Settlements for Russian gas in rubles will be considered a circumvention of sanctions , said the head of the European Commission Ursula von der Leyen. She stated this at a press conference in Sweden, where she arrived the day before on a working visit, according…
Kazakh Bank helps Russians issue Visa and MasterCard bypass sanctions
The shareholders of Altyn Bank are China CITIC Bank Corporation Limited and China Shuangwei Investment Co. Kazakh bank Altyn Bank provides opportunities to citizens of the Russian Federation issue Visa and MasterCard cards, as well as order plastic cards by couriers to circumvent sanctions. Interestingly, 50% of its property belongs to a Chinese bank, and…
How the Russians are avoiding sanctions: business is moving businesses to Turkey
In a short time, about 1,000 companies with 100% Russian capital were opened in the country. A very large number of Russian companies have moved to Turkey, which did not impose sanctions on Russia. Sabahattin Yavuz, chairman of the Russian-Turkish Businessmen's Association, says Russian businessmen's interest in Turkey has risen sharply. “There are two reasons…
President of the European Parliament: EU dependence on Kremlin energy resources is financing the war in Ukraine
Russia's full-scale invasion of Ukraine has finally opened the eyes of European politicians. The European Union must look to the future, where in terms of energy resources it does not depend on Russia at all , said the President of the European Parliament Robert Metsola in an interview “Interfax-Ukraine” . “This is where we are…
Unexpected consequences: Russia believes that Western sanctions will provoke a sharp rise in corruption
But, according to the expert, increasing the punishment will not help. Sanctions imposed by the West against Russia could become grounds for a sharp rise in corruption. This was stated by the Plenipotentiary Representative of the Government in the Constitutional and Supreme Courts Mykhailo Barshchevsky, according to Russian media. “The more power he has, the…