ICBC, CCB and Bank of China rank first, second and fourth in terms of assets in China. Banks notified Russian clients that they would stop accepting payments from the beginning of January 2024. It is noted that transactions with non-sanctioned credit institutions continue. According to a source in the Russian bank, ICBC and CCB reject … Read more
The EU has warned Hungary that if it does not lift its veto on aid to Ukraine at the February 1 summit, other EU countries will publicly declare that they will not provide financial assistance to Hungary. This could lead to investors being less interested in investing in Hungary, which could cause the Hungarian forint … Read more
Saturday 30 December 2023 21:51 Photo: President Vladimir Zelensky (Vitaly Nosach, RBC-Ukraine) President Vladimir Zelensky put into effect the decision of the National Security and Defense Council to impose sanctions against six citizens of the Russian Federation. It appears that the sanctions were introduced due to the fact that they use Ukrainian documents in other … Read more
According to TMH CEO Kirill Lipa, by the end of the year the French concern must withdraw from the company’s shareholders by selling 20% of its shares. The remaining 80% of the shares of TMH’s main company, Transmashholding Limited, belong to Russian shareholders. In March 2022, Alstom announced the suspension of all supplies and future … Read more
As pro-Kremlin media write, citing sources in the aviation industry, the Swiss civil aviation service provider SITA, which administers the .aero domain zone. , decided to stop servicing clients from Russia The companies received a corresponding message about this on November 10 from Ru-Center, one of the organizations authorized in Russia that registers the corresponding … Read more
It is reported that a number of European and American diplomats visited the Kyrgyz capital Bishkek for several months, but the negotiations did not bring results. In this regard, the Biden administration is preparing new economic measures to put pressure on the country to stop trade with the Russian Federation. Sanctions or blacklisting of companies … Read more
The U.S. Treasury Department’s Office of Foreign Assets Control imposed sanctions on a Serbian ex-official, which the agency said underscores the United States’ determination to prosecute those involved in self-interested corruption and damaging peace and stability in the Western Balkans. . In addition, these corrupt operations, according to the US Treasury Department, contribute to Russian … Read more
Arkady and Boris Rotenberg, two influential oligarchs in Russia who have been supporters of Russian aggression against Ukraine, were included in the US sanctions list in 2014. The US Treasury stated that the Rotenbergs earned billions of dollars through contracts with Gazprom and the construction of Olympic facilities in Sochi. Following the US sanctions, the … Read more
According to him, European companies sell electronics to other countries, which, in turn, resell it to Russia, and the sanctions do not yet take into account this supply channel. “Prior to early this year, Russia was able to reimport certain key categories of electronics at roughly pre-war levels,” O’Brien said. As they say, we are … Read more
[Voice of Hope, May 16, 2023](comprehensive report by our reporter Tang Jie) The war between Russia and Ukraine has intensified. After Russia and Ukraine claimed to have shot down each other’s fighter jets, the Russian Ministry of Defense said today that two Russian commanders were killed in battles near Bakhmut, Ukraine. Zelensky tweeted today (15th) … Read more