The more frequently the U.S. launches SWIFT-linked sanctions, the harder other countries will work on developing alternatives
The SWIFT system is an information exchange system among international financial institutions. The bank card payment function supported by the SWIFT system is the reflection ...
... the company is obliged to transfer personal data over to the Communist Party (the word “Communist” is highlighted in red, of course). You can trust companies with ethical and transparent business practices, but Huawei, the video claims, violates sanctions and supports repressive regimes, for example in Iran (“repressive” is in red as well). Moreover, Huawei has been accused of stealing competitors’ intellectual property, the video says, concluding with a rhetorical question: So, which company ...
Time is working for Washington. Iran also has trump cards
Escalation of the US-Iranian conflict in early January 2020 led to yet another wave of American sanctions against Iran. Washington avoided a military response to Iran’s ballistic missile attacks on US military facilities in Iraq. Tehran positioned these attacks as a reply to the murder of General Qassem Soleimani. Tension seriously exacerbated....
... however subsided towards the end of the year as the CBR introduced a series of policy measures designed to keep a lid on consumer credit growth going forward.
The external backdrop in 2019 may be categorized as being broadly favourable, given the reduced sanctions pressure, the relatively comfortable level of oil prices (partly on the back of the OPEC+ measures) and increasing inflows into Russia’s financial instruments (both equity and fixed income). This has further scope to improve next year with ...
... a topic for discussion has lost much of its former appeal
The DASKA (Defending American Security from Kremlin Aggression Act) bill has once again come under scrutiny. It was approved by the US Senate Committee on Foreign Relations. In theory, the sanctions bill “from hell” could be effectively enacted in the future. In reality, there are a number of major obstacles to this, among them, the executive branch’s objections regarding the viability of imposing more restrictions. They carry risks ...
The key question is, would these sanctions really work and would Europeans abide by the U.S. restrictions?
Russian energy export pipelines have been a potential target for U.S. sanctions for a long time. In 2017, Congress provided the U.S. President with the power to determine and ...
... Beijing, Moscow and other capitals are increasingly unhappy about the US free-wheeling
One of the major achievements of 2019 was the US Department of the Treasury’s truly monumental efforts to collect fines from foreign businesses for breaching US sanctions. Such fines have long become an irritating risk. Although big fines worth several hundred million or even several billion US dollars are still few and far between, the very fact that businesses have to be involved in US official enquiries is ...
... over the years, having lost its former sporting appearance and strength? Of course, in the Pentagon’s budget there is excessive fat, not at all related to national security strengthening. For example, lawmakers obliged the administration to impose sanctions on Russia’s Nord Stream 2 and Turkish Stream gas pipelines - apparently with the aim not to start the lengthy process of negotiating a separate bill.
Mikhail Korostikov:
Russia Is The Honey Badger Of International Relations
But still, most ...
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Sitting down with Russia is question of pragmatism, not appeasement. What is best for Canada globally is best for Canadians at home – especially those living in the North. This does not mean that Canada needs to cease its support of Ukraine, roll back sanctions, or stop denouncing Russian aggression. It means that Canada – alongside Russia – needs to find unique solutions for the more pressing and difficult questions. This implies not just talking, but also listening.
Going forward, Canada will ...
Containing China has become an agenda in its own right for the United States, increasing the risk of sanctions and China’s retaliation
Introduction
For quite a long time Asia occupied a special place in international sanctions policy. Most of the restrictive measures were aimed against North Korea. The international community represented by the UN ...