Contents tagged with USA

  • Russian Billionaire Deripaska loses court case against U.S. Treasury Department to lift sanctions

    The U.S. court for the District of Colombia has decided to reject billionaire Oleg Deripaska's lawsuit against the Department of the Treasury to lift personal sanctions imposed in 2018.

    Deripaska, formerly Russia's richest person, will remain on the blacklist of the Office of Foreign Assets Control with a visa ban and blocking of all assets in the U.S., according to a ruling by Judge Amit Mehta released on Sunday.

    During the court hearings, the billionaire, whose fortune is estimated at $3.8 …

  • U.S. allocates $150 million in military assistance to Ukraine

    The U.S. will provide Ukraine with the second package of military assistance in the amount of $150 million dollars, said Ukrainian President Volodymyr Zelensky on Twitter.

    "Important news from our American partners. The Pentagon approved the second part of security assistance to Ukraine in 2021 for $150 million,” Zelensky wrote.

    According to the Pentagon website,  the USAI (Ukraine Security Assistance Initiative) package includes capabilities to enhance the lethality, command and control, and …

  • U.S. promises to continue imposing sanctions against Nord Stream 2

    The U.S. administration intends to continue imposing sanctions against Nord Stream 2. Such actions should demonstrate that the United States continues to oppose this project, said the U.S. Department of State spokesman, Ned Price.

    "We will continue to impose restrictive measures against individuals and companies whose activities are subject to such sanctions. In this way we will demonstrate that we oppose this gas pipeline," he said at the briefing.

    At the same time, according to Price, the U. …

  • Lavrov: Russia will continue using U.S. dollar

    Russia does not intend to stop using the U.S. dollar, said Russian Foreign Minister Sergey Lavrov.

    "We are not trying to escape from the system that now exists, and which is crucially based on the dollar," the minister said. Lavrov stressed that the U.S. either does not realize its responsibility as a country, the issuer of the dollar, or grossly abuses its position.

    At the same time, the Russian Foreign Minister confirmed that the Kremlin wishes to "de-dollarize" the Russian economy.

    "It …

  • Putin claims he does not understand why U.S. imposes sanctions on Russia

    Russian President Vladimir Putin does not fully understand why sanctions are being imposed on Russia and does not consider the situation in the Russian economy to be a disaster amid rising unemployment and falling real incomes of Russians.

    "We do not impose any sanctions. We only respond somehow, only where it is possible, not to harm ourselves, not to shoot ourselves in the foot. And why the American partners are doing what they are doing so far remains a mystery in many respects," Putin said …

  • Russia decides to dump dollar reserves amid fear of new U.S. sanctions

    The Russian Ministry of Finance has decided to radically change the structure of the National Wealth Fund (NWF), the head of the ministry Anton Siluanov said at the St. Petersburg International Economic Forum.

    According to him, the fund will completely get rid of investments in U.S. dollars, reduce investments in the British pound, replacing them with the euro, Chinese yuan and gold.

    These financial operations will be carried out by the Russian Central Bank as soon as possible. It will be " …

  • Kremlin: U.S. will try to block certification of Nord Stream 2 pipeline

    Russia believes that the U.S. has abandoned the sanctions against the participants of North Stream-2 pipeline, but intend to try to block its certification, said Russia's Permanent Representative to the EU Vladimir Chizhov, RIA Novosti reports.

    "The U.S. position is that the construction cannot be stopped. But after the construction comes the certification period. Here they can put some more sticks in our wheels," Chizhov said.

    At the same time, Chizhov assured. that the Russian authorities …

  • U.S. and EU demand suspending all air traffic over Belarus

    Lukashenko’s special operation to force the landing of a Ryanair plane in Minsk using combat aviation risks turning into a tightening of Western sanctions against Belarus, including expulsion from the International Civil Aviation Organization (ICAO) and ban on civil flights over its territory.

    The operation, which resulted in the detention of Roman Protasevich, founder and former editor-in-chief of the Telegram channel NEXTA, is an act of "state terrorism," Manfred Weber, head of the European …

  • U.S. decides not to impose sanctions against Nord Stream 2 AG and its CEO

    Joseph Biden’s administration imposed and immediately suspended sanctions against the operator of the Nord Stream 2 project, Nord Stream 2 AG, and its CEO Matthias Warnig, according to the State Department’s report sent to Congress on Wednesday, May 19. U.S. Senate Foreign Relations Committee Chairman Robert Menendez confirmed that the document had been received.

    “I have determined that it is in the national interest of the United States to waive the application of sanctions on Nord Stream 2 …

  • Ukraine provides list of military needs to U.S.

    Ukraine has given the U.S. a list of the most urgent needs of its Armed Forces and expects to receive this assistance, said Ukrainian Foreign Minister Dmytro Kuleba in an interview with Deutsche Welle.

    "We gave the U.S. a list of the most urgent needs of the Ukrainian army. Some items on this list are easier to accomplish, others are harder. We don't expect to get everything at once, but we are making progress on these items, which can be obtained at the moment. I have no doubt that we will …