Tag Archives: sanctions

Moscow, Russia | Xinhua | Russian President Vladimir Putin on Thursday demanded economic measures in response to Western sanctions, which are expected to intensify. “It is important to understand that the sanctions pressure on Russia will only increase,” Putin said at a government meeting on economic issues via video link. “In …

Washington, U.S. | Xinhua | The administration of U.S. President Joe Biden slapped new sanctions on Russia on Friday, following Moscow’s formal recognition earlier in the day of four Ukrainian regions under Russian control since the early stage of the Russia-Ukraine conflict as Russian territory. Among the punitive measures announced by …

Budapest, Hungary | Xinhua | The Western countries’ sanctions against Russia have turned the “local” conflict between Russia and Ukraine into a “global economic war,” Hungary’s Prime Minister Viktor Orban said on Monday. An increasing number of countries across the world are becoming “victim” of the conflict in Ukraine, Orban said …

Havana, Cuba | Xinhua | Cuba will again submit a resolution against the U.S. trade embargo at this year’s United Nations General Assembly in November, Foreign Affairs Minister Bruno Rodriguez Parrilla said Thursday. “After more than 60 years of siege, that policy impacts, like never before, Cuban families inside and …

Juba, South Sudan | Xinhua | South Sudan’s oil and gas sector is being crippled by years of sanctions imposed by the Security Council following the outbreak of armed conflict in the country in 2013, experts said on Tuesday. Puot Kang Chol, Minister of Petroleum, said that the sanctions are curtailing …

Moscow, Russia | Xinhua | Western countries have failed to achieve their main goal of undermining Russia’s financial stability with “unprecedented sanctions,” Russian Prime Minister Mikhail Mishustin said Thursday. The cabinet and the central bank have managed to significantly mitigate the negative impact of unfriendly actions against Russian citizens and businesses, …

Kampala, Uganda | THE INDEPENDENT | America’s sanctions on Russia are not to blame for the increasing prices of food and petroleum products across the globe, the United States of America’s Permanent Representative to the United Nations Linda Thomas-Greenfield has said. The world has recorded a sharp rise in prices …

Tehran, Iran | Xinhua | The Iranian Foreign Ministry said on Tuesday that the U.S. addiction to sanctions and using them as leverage against others is a characteristic of the U.S. hegemonic system. Nasser Kanaani, the ministry’s spokesman, made the remarks on Tuesday in reaction to new U.S. sanctions imposed on …

Using dollar supremacy for sanctions could well lead to other countries backing away from it (the dollar) London, UK | Xinhua | The U.S. government’s frequent use of dollar supremacy for sanctions against other countries could negatively impact global trade and finance, an economist has said. “One of the problems with …

Sao Paulo, Brazil | Xinhua | Brazilian President Jair Bolsonaro reiterated Monday his opposition to economic sanctions against Russia, in order to retain the supply of Russian fertilizer imports to Brazilian agribusiness. “We are not going to adhere to sanctions (against Russia). We maintain a balanced position because without Brazil’s balance …