... was combined with very specific restrictive measures against Beijing. A number of new legal mechanisms have emerged that imply sanctions against China and are enshrined in both federal law and presidential decrees. In other words, the attack on Beijing ... ... such as the Belt and Road project, are a means of economic expansion for the Celestial Empire that must be contained. China's economy itself is unfair because it ignores market values and develops at the expense of others, including the United States. ...
The latest wave of sanctions does not bring qualitative changes—their impact on the Russian economy and its relations with foreign partners is unlikely to be fundamental
Amid the second anniversary of the start of the Special Military Operation (SVO) in Ukraine, a number of Western countries and associations launched a new set of sanctions ...
... significantly. The number of Russian individuals blocked by Executive Order No. 14024 of April 15, 2021 alone is approaching two thousand. This figure does not include those assets in which already-blocked persons hold a stake of 50% or more. It would seem that ... ... the financial sector, high-tech and industrial industries, the mining sector, the defence industry, etc. The purpose of such sanctions is to isolate the Russian economy from American-centric global finance, to block the possibility of normal foreign economic activity, inflict maximum damage,...
... the main obstacles to China–Russia relations appear in a wide range of areas. Politically, it is visible in the polarization of the international community, which is increasingly moving towards opposing camps; economically, by global fragmentation, sanctions, and regionalization of the global economy; security-wise, by the highly dangerous slide from a “cold” to a “hot” war; in international relations, by re-ideologization. As for global governance, matters have become even more complicated; now, it is even difficult to gather everyone ...
The decline of the Russian economy is not beneficial to China
The large-scale sanctions that have been slapped on Russia by the “collective West” naturally raised the question of its deepening and expanding economic relations with China. According to a number of parameters, Russia has no alternatives to cooperation with the ...
The next packages will be less spectacular, but they will be detrimental to specific businesses and areas of the economy
Oil and KAMAZ
The Official Journal of the European Union
has published
decisions and regulations included into the sixth package of anti-Russian sanctions. The release of the new legal framework has been postponed several times on account of disagreements among the EU countries, with the most sensitive issue being the ban on Russian oil imports. Brussels, however, managed to reach consensus after ...
Although sanctions have affected the Russian economy, it continues to grow and become resilient towards increased trade barriers
Since 2014, Russian and American diplomacy has been defined by economic sanctions. This has become the default, expected option for U.S. policymakers—but Russia has ...
... receding into the background. Meanwhile, sanctions against business are directly related to the target countries because the refusal by business to work with countries that are under sanctions can cause them significant damage, and thus lead to a change in their policies.
This gap is partially filled by literature from related fields, such as jurisprudence, management, economics, and political economy. Many of them highlight the impact that sanctions have had on the financial sector. Sergey Glandin conducted an interesting ...
... aid to Damascus
The ninth year of internal armed conflict has brought new challenges to Syria. According to
data from the United Nations Economic and Social Commission for Western Asia
published on September 23, 2020, the damage done to the Syrian economy by the end of 2019 exceeded USD 442 bn. Still, under sanctions and with no international consensus on how to finance recovery, the country has not only failed to overcome the acute economic crisis but has also been hit by the negative consequences of the coronavirus pandemic, compounded by an unstable situation ...
... grace period that was granted to the administration so that it could prepare secondary sanctions against foreign citizens for cooperating with Damascus in oil, gas, aviation... ...
Initially, Syrian experts thought that the country’s marginalization in the global economy would make it less vulnerable to the pandemic. The authorities established a... ... favour. Last year, he was rumoured to have been placed under house arrest for his refusal to donate the bulk of his 5-billion-dollar fortune to advance the Syrian President’s...