Contents tagged with US sanctions on Russia
The National Security and Defense Council (NSDC) has introduced sanctions that mirror US sanctions against Russian companies and citizens for aggression against Ukraine, as reported by the Press Office of the NSDC.
According to the NSDC’s statement, the National Security and Defense Council held a meeting on Wednesday during which they considered the issue of introducing personal economic and other restrictive measures (sanctions) against legal entities and individuals related to Russian …
The Ministry of Energy of Russia received a formal request for government support from En+ Group and Rusal who have fallen under US sanctions, TASS reported, citing Deputy Minister Vyacheslav Kravchenko.
"They have sent us support measures that they require. There are quite a few of them, we are working with them," he said, without specifying which measures the companies are asking for or when they would be enacted. "Rusal made a large number of proposals. There are a lot of them. We are …
The Press Secretary of the Russian President, Dmitry Peskov commented on the proposal of the Head of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin to temporarily nationalize Rusal, a Russian company that fell under US sanctions.
Peskov noted that the Cabinet of Ministers, on behalf of Chairman of the Government Dmitry Medvedev, is engaged in providing possible support to companies who are faced with the pressure of the sanctions. He noted that this topic is " …
The US is trying to “create problems for hundreds of thousands of Russians” by introducing more sanctions, Foreign Minister of Russia Sergey Lavrov stated in an interview with the BBC in response to new possible restrictions against Russia.
“They [the US] declare that they will never harm ordinary people—only oligarchs, politicians and the military, which supposedly destabilizes the world. This is a lie,” stated the Russian Foreign Minister.
According to Lavrov, Washington “does not just …
The share price of Russian oligarch Oleg Deripaska’s company UC Rusal dropped to a historic low on the Hong Kong Stock Exchange due to the US’s promises to announce new anti-Russian sanctions.
On Monday, the company’s share price dropped almost 30% compared to the previous close. At 10:51 Moscow time, the unit price was 1.43 Hong Kong dollars (0.18 USD). Rusal’s previous all-time low was 2.09 Hong Kong dollars on June 12, 2016.The day before, the US Treasury Department announced new sanctions …
The US Department of Treasury updated Directive No. 4, originally introduced in 2014, as part of the sanctions against Russia due to the conflict in Ukraine. Restrictions against Russian oil companies have been extended to future projects on developing recoverable oil outside Russia.
The new sanctions law (CAATSA -Countering America’s Adversaries Through Sanctions Act), signed by US President Donald Trump on August 2nd, required the amendment of this directive. The amendments had to be made by …