Search: Sanctions (194 materials)


Trade War and Sanctions: An Illusory Link

The risk of sanctions will persist regardless of success in resolving the trade war The signing of the first package of documents within the framework of a trade agreement between China and the United States was a serious step towards a ceasefire in the trade war ...


International Security Implications of the US-Russia Contention Over the Nord Stream 2

... pipeline gas from Russia, its export may find itself limited only to the markets of the Asia-Pacific Region and Latin America with only a marginal proportion going to Europe. That explains the rationale behind some non-market restrictive measures, or sanctions, which serve as an instrument to sideline the competitor and politically facilitate American LNG flows toward Europe. President Trump and high officials of his administration expressed on various occasions their opinions on the North Stream ...


Drilling at Gunpoint: EU Sanctions on Turkey

... on Turkey’s oil and gas drilling in the Eastern Mediterranean. High Representative of the EU for Foreign Affairs and Security Policy Josep Borrell said the Working Party of Foreign Relations Counsellors (RELEX) is about to complete its package of sanctions against Turkey. It is compiling a list of individuals and companies on which restrictions will be imposed. Ivan Timofeev: US Sanctions Against Turkey: Zero Escalations The Council of the EU adopted a decision on sanctions against Turkey on ...


The SWIFT System: A Focus on the U.S.–Russia Financial Confrontation

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 Case Against Huawei: Stigmatize It

... 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 ...


US Sanctions Against Iran: New Escalation

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....


Russia-2019: A Summing Up of the Economic Track-Record

... 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 ...


Sanctions Against Russia: DASKA Takes Heat from State Department Lawyers

... 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 ...


A Bumper Year for OFAC

... 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 ...


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