Moscow/Washington: The Russian Foreign Ministry has condemned the United States for imposing sanctions on Russian energy projects in the Arctic, deeming it unacceptable and dangerous to global energy security. A few days ago, the US had announced new sanctions against Russia. It included Russia’s energy sector as well as the diamond sector. In the aftermath […]
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Sacramento: Russian President Vladimir Putin has not gained much from the conflict in Ukraine. Yet the time is on their side for now. But in the future, the sanctions imposed by the United States will have long-term effects on the Russian economy. Also, the impact of these US sanctions on the dollar’s central role in […]
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Tehran: US sanctions have made it difficult for Iran to trade in dollars. In such a situation, Iran has started using cryptocurrency for its imports. Alireza Peyman-Pak, Deputy Minister of Industry, Minerals and Trade of Iran, informed that Iran had ordered imports worth $10 million through cryptocurrency. This decision of Iran is being claimed to […]
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Washington: US economist Michael Hudson has concluded that the sanctions imposed on Russia by America and European countries have boosted the Russian economy. These sanctions have ended the dependence on the Russian economy. In addition, Hudson claimed that Russia’s efforts to de-dollarize to stop transactions in dollars have succeeded beyond imagination. After the United States […]
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Beijing/Rome/Washington: – Chinese Foreign Minister Wang Yi appealed that China is not a part of the Russia-Ukraine conflict. Therefore, no sanctions should be imposed against China concerning it. The United States and European countries have started pressurising China to stop assisting Russia. US National Security Advisor Jake Sullivan met senior Chinese leader Yang Jiechi as […]
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Beijing – China has warned that there will be a strong retaliation against the sanctions imposed by the United States against the Chinese companies over the Uyghurs issue. Last week, the United States blacklisted 14 Chinese companies for their involvement in atrocities against the Uyghurs. This is the second instance of the Biden administration taking […]
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Sanaa – Within two days of the ceasefire between Israel and Hamas, the Houthi rebels threatened a new conflict in the Gulf. Only two days ago, the United States imposed economic sanctions against two senior Houthi leaders. The Houthi rebels, infuriated with the US action, threatened that there would be retaliation in the form of […]
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Moscow: The United States imposed sanctions against a Russian company accusing it of assisting the Iranian missile program. Russia, agitated with the US action, announced that Russia would be perpetually opposed to the US sanctions against Iran. At the same time, Russian Foreign Minister Sergei Lavrov declared that Russia and Iran would device new methods […]
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Berlin/Moscow: – Germany and Russia have found a loophole, to bypass the sanctions imposed by the US Trump administration, to complete the Nord Stream 2 Project. A German newspaper claimed that Germany has created independent funding for the project, to bypass the US sanctions. At the same time, reports are also being received that a […]
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Washington/Hong Kong: – The United States imposed sanctions against four officials, which were responsible for posing a threat to the autonomy and security of Hong Kong, by implementing the new National Security Law. US Secretary of State, Mike Pompeo, has given this information. The officials facing sanctions include Deng Zhonghua, the Deputy Director of Hong […]
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