The U.S. Treasury Department on Thursday imposed a $2 million fine on Exxon Mobil Corp. for what it called a “reckless disregard” of U.S. sanctions on Russia while Secretary ... Read More
In case of a cut-off, Russia will be much more effective in adopting a different system of payments, maybe in cooperation with China, and many Western banks will collapse ... Read More
Three Russian major state-owned institutions – Sberbank, VTB and Vnesheconombank – have announced that they have filed lawsuits with an EU court to contest sanctions the European Union imposed ... Read More
Europe’s new financial sanctions against Russia will be among the first meaningful ones the West has introduced since the Ukraine crisis started. But punishing rich Russians is not exactly ... Read More
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