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Homesanctions

sanctions

Finance

US Treasury Sanctions Wagner’s ‘Gold and; Weapons Dealing’ Operations In Africa

June 27, 2023 Mariel Alumit

The US Treasury Department on Tuesday has announced new anti-Wagner sanctions in a belated attempt to cut off the group’s weapons funding, at a moment the Russian government has essentially pardoned the mercenary outfit for […]

Geopolitical

Sanctions on Russia may not be working, we now know why

June 5, 2023 Mariel Alumit

On February 25, 2022, a day after Russia undertook a full-scale invasion of Ukraine, the European Union introduced unprecedented sanctions against the aggressor. The measures were intended to send a clear signal to Moscow that […]

From Russia with gold: UAE cashes in as sanctions bite
ENB Pub Note

From Russia with gold: UAE cashes in as sanctions bite – accelerated by the self-inflicted demise of the U.S. dollar.

May 27, 2023 Mariel Alumit

accelerated by the self-inflicted demise of the U.S. dollar. ENB Pub Note: We have been tracking of the demise of the U.S. dollar, and the direct impact of the Biden Administration sanctions weaponizing the dollar. […]

Russia
Energy Crisis

Why the economic war against Russia has failed

May 26, 2023 Mariel Alumit

There was much mirth in the West this week when Vladimir Putin’s Victory Day parade through Red Square included just one tank, itself a relic from a museum. The inference was that Russia has lost […]

Geopolitical

G7 tightens sanctions over Russia’s war on Ukraine

May 19, 2023 Mariel Alumit

Leaders of the Group of Seven (G7) countries have pledged to tighten sanctions aimed at punishing Russia for its invasion of Ukraine, intensifying what is already one of the harshest sanctions efforts ever implemented. The […]

Aljazeera International

Why did Iran seize a US-bound oil tanker in the Gulf of Oman?

April 29, 2023 Mariel Alumit

Tehran, Iran – Iran and the United States have again found themselves on opposite sides as they provided contradictory accounts of events that led to Tehran’s seizure of an oil tanker in the Gulf of […]

Russia
Exports

Rooppur: Bangladesh paying Russia in yuan to sidestep sanctions

April 21, 2023 Mariel Alumit

Uttam Kumar Karmaker, additional secretary of the Ministry of Finance’s Economic Relations Division, told Nikkei Asia: “Because of the sanctions against Russian banks, we couldn’t process payments in US dollars. Russia asked us to settle the payments […]

Aljazeera International

G7 nations mulling near-total ban on exports to Russia: Kyodo

April 21, 2023 Mariel Alumit

EconomyRussia-Ukraine war The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Japan’s Kyodo News has reported, citing Japanese government sources. Bloomberg News on Thursday also reported that the United […]

dollar
Finance

Janet Yellen says sanctions may risk hegemony of US dollar

April 19, 2023 Mariel Alumit

WASHINGTON – Economic sanctions imposed on Russia and other countries by the United States put the dollar’s dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said on Sunday. “There […]

Russia
Crude Oil News

IEA: Russia’s March oil exports hit highest level since pandemic start

April 18, 2023 Mariel Alumit

Russia’s oil exports surged in March to their highest level since April 2020 as product flows returned to levels last seen before Russia invaded Ukraine, according to the International Energy Agency (IEA). Total oil shipments […]

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