On the one hand, the Russian embargo was supposed to be a “punishment” for Western exporters for the sanctions imposed on Russia. On the other hand, it was supposed to serve as a tool to support domestic production. However,...
According to credit rating agency Fitch, Russian banks are in a position to absorb credit losses stemming from exposure to individuals and firms targeted by US sanctions.
The US Department of the Treasury, pressured by the U.S. Congress, imposed a new round of sanctions against seven Russian oligarchs, 12 companies under their control, and 17 high-ranking government officials.
The banking sector of Belarus, already shaken by the US sanctions that affect the local subsidiaries of Russian leading state-owned lenders, will face further problems if the US administration adopts new restrictions against...
The Eurasian Customs Union has been created by several countries of the former Soviet Union surrounding Russia and has contributed to the growth of illegal exports from outside the community.
Before the general elections in Germany, representatives of all the major political parties declared that improving relationships with Russia was important for them. The majority supported at least a partial lifting of sanctions...
“The Russians will probably win this one”, wrote Kenneth Rapoza in forbes.com, referring to the natural gas competition between Russia and the USA – the US LNG versus Russian pipeline.
Banks with Russian capital, which have so far maintained a strong position in Ukraine, are now slowly preparing to retreat.
The way in which the Germans circumvent the economic sanctions introduced by the EU after the annexation of Crimea and the Russian embargo on food from Europe, are FDIs in Russia.
The Czech Republic sees Russia as one of its key trade and economic partners and would like to curb current negative trade dynamics, Czech Minister of Industry and Trade Jan Mladek told the Russian news agency TASS.