... The Americans alleged that Saddam had laundered funds from illegal oil sales through this bank, and it also
held
the accounts of those who financed al-Qaeda terrorist leader Osama bin Laden. The decision was made in accordance with Section 311 of the USA PATRIOT Act of 2001, passed in the wake of September 11, 2001.
But this package of sanctions was generally not too frightful for the regime stability either. Syria had extensive regional and international ties as well as plenty of tools and opportunities to avoid their negative consequences. Yet, the sanctions spiral kept unwinding....
... restructure the mechanisms of its financial and trade relations with foreign countries
The deep political crisis in relations that emerged between Russia and the West after February 2022 has led to large-scale changes in the application of economic sanctions. There was a significant increase in the speed, concentration and scope at which sanctions could be applied to one country.
At first glance, the policy of sanctions is a narrow and even technical issue. Financial, trade, transport and other ...
In fact, the sellers’ market is being changed into the buyers’ market by artificial political methods rather than for economic reasons
G7 countries are working hard to coordinate a sanctions regime to cap prices on Russian oil and oil products. The United States is already drafting a mechanism for applying these sanctions, which its allies and partners will use as a guideline. The new sanctions in the form of legal arrangements ...
In the context of the sanctions tsunami, Russia will have to face the good old practice of bans and “jarligs”, recalling the experience of the Horde
The modern policy of sanctions resembles, to some extent, the management practices of the Mongol Golden Horde. One of ...
... 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; ...
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 ...
... 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 ...
... looking forward to diversifying their gas and oil supply by trading with Teheran. The only thing they need is the lifting of the sanctions by Washington. This could fractionally offset the damage done by the partial stop of the petroleum delivery to the EU ... ... and their allies would have to conduct a full-scale campaign involving the use of aircraft and missile strikes.
Ivan Timofeev:
USA-Iran: Why Is the Deal Stalled?
In this scenario, the conflict is unlikely to stay solely within Iran’s borders, but will ...
... peace negotiations in earnest should start immediately, proceeding from Ukraine’s neutrality and no NATO enlargement. He does not believe in isolating Russia, being convinced that Washington is undermining U.S. dollar worldwide prevalence by imposing sanctions on international payment systems. Finally, the famous academician and the author of many foreign affairs bestsellers maintains that the U.S. should respect the notion of a multipolar world with mutual respect for and observance of the UN Charter....
... investors from other countries
On April 28, US President Joe Biden asked Congress to pass new legislation on the
confiscation of Russian property
. The presidential proposals were previously developed at the level of key agencies responsible for sanctions: the Treasury (financial sanctions), the Department of State (responsible for visa sanctions and political aspects of restrictive measures), the Department of Commerce (export controls), and the Department of Justice (which prosecutes violators ...
