Contents tagged with Sanctions on Russia
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Former DPR leader Girkin: Russian ruling elite decided to freeze the conflict in Donbas to protect themselves from sanctions
In an interview with RusDay news outlet, former separatist commander Igor Strelkov (Girkin) stated that the Russian ruling elite, which initiated the annexation of the Crimea and have considered creating Novorossia (separatist republics in the Donbas) decided to freeze the military operations in the Donbas because of the personal sanctions imposed by the US and the West.
He believes that those in Moscow who made decisions regarding the Crimea and the Donbas did not take into account the …
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Media: Germany's new government won't change its sanction policy against Russia
The coalition government of the Christian Democratic Union, the Christian Social Union and the Social Democratic Party of Germany bloc has no plans to change its sanctions policy against Russia, Spiegel reported, referring to the coalition’s 167-page draft agreement.
The draft did not indicate the position of the Social Democrats on the progressive elimination of restrictive measures before the full implementation of the Minsk agreements. According to the draft, “If the Minsk agreements are …
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Russia’s largest private bank believes the country is losing GDP annually due to sanctions
The largest private bank in Russia estimated that the Russian economy lost 0.5% of GDP due to sanctions. Because of this, the entire positive effect of the actions of the Central Bank has been negated.As indicated in the report of the chief economist of Alfa Bank, Natalia Orlova, the losses are caused by diminished possibilities in attracting financing from abroad as a direct result of the sanctions on certain companies.
The current US sanctions impose significant restrictions in the provision …
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US expands 'Kremlin List' to include representatives of separatist LPR and DPR
The U.S. Department of the Treasury has expanded the so-called Kremlin List of Russian oligarchs and close confidants of Russian President Vladimir Putin to include the names of separatist representatives of the Donetsk and Luhansk People’s Republics (DPR and LPR), as reported by Radio Liberty.
According to the report, the list was expanded to include nine ministers and one deputy minister of the separatist-held Donetsk and Luhansk regions as well a former Luhansk official and his family …
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Ukrainian Foreign Minister: Kyiv to take actions against German companies working in Crimea
Ukrainian authorities are considering measures against German companies operating in the Crimea despite the EU sanctions, as stated by the head of the Ukrainian Foreign Ministry, Pavlo Klimkin, in an interview with the German newspaper, Rheinische Post.
"Any attempt to bypass sanctions against Russia, introduced as a result of the annexation of the Crimea, must be punished by law ... We have a wide range of legal mechanisms that we can use. We are in the process of finding a balanced solution," …
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Russia responds to Kremlin Report with 'sovereignty law'
After publication of the United States’ “Kremlin List”, the Russian Federation Council’s Temporary Commission to Prevent Interference in Internal Affairs began work on a bill which will define the concept of “interference in state sovereignty”, Lyudmila Bokova, one of the bill’s authors, told RBC news agency.
“There are many facts of interference by foreign powers in our country’s internal affairs. By putting forward the legislative initiatives, we are proceeding from a position of mirror …
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Leaders of five German states demand weakening of sanctions against Russia
The government leaders of five German states believe that sanctions against Russia are ineffective and are causing damage to German companies, Deutsche Welle reports.
A meeting was held in Berlin between the heads of government of the five states formed from the territory of the former German Democratic Republic (East Germany).
Reiner Haseloff, Minister President of the state of Saxony-Anhalt and a member of Chancellor Angela Merkel’s Christian-Democratic Union Party, said after the meeting …
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Russia calls Kremlin List an effective breach in Russia-US relations
First deputy chairman of the Federation Council’s International Affairs Committee Vladimir Dzhabarov believes that the inclusion of virtually all the Russian leaders in the US Finance Ministry’s “Kremlin Report” constitutes a breach in Russia-US relations, RIA Novosti reports.
“Formally our countries have relations, but the inclusion in the sanction list of virtually all our country’s leadership means that these relations are effectively being severed,” Dzhabarov commented. He himself was …
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Media: US squeezing Russia out of weapons market with sanctions
Starting on Monday, January 29th, the United States can start introducing sanctions on individuals and companies located in any part of the world that enter into “significant” contracts with companies from the Russian defense sector, reports Russia’s RBC news agency.
Such sanctions are stipulated by the Countering America’s Adversaries Through Sanctions Act (CAATSA) enacted by United States President Donald Trump in early August 2017.
The US State Department drew up a special list comprised …
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Under sanctions, Russia continues to export rocket engines to U.S.
Despite sanctions, Russia and the U.S. will not curtail cooperation in the space sector said Russia’s Security Council Secretary Nikolai Patrushev, speaking about RD-180 rocket engines, Interfax reports.
“We are conducting ourselves properly in relation to other countries and will carry out the obligations to which we have agreed. I don’t think we need to stop delivery of these engines. I think we’ll continue to ship them,” said the security official.
When the very first sanctions against …