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Russian President Vladimir Putin is expected to meet Chinese President Xi Jinping at a summit in Uzbekistan this week. Mikhail Svetlov/Getty Images Russian commodity giants Rosneft, Polyus, and Rusal have recently issued bonds in Chinese yuan. Trade between the two countries has grown, with Russia imports to China up 59% on-year in August. Russia's finance […]
Huawei isn’t taking kindly to the US’ charges of sanction violations and trade secret theft. A spokesperson told Engadget the company was “disappointed” to hear of the charges and flatly “denies” it or an associated company (namely Skycom) committed any of the crimes in the indictments. It’s also “not aware of any wrongdoing” by CFO […]
The EU’s economic sanctions against Russia will be prolonged for another half-a-year, European Council President Donald Tusk has announced on Twitter. The decision was made “unanimously” by the member states during an EU summit in Brussels. The restrictions were extended “given zero progress in implementation of the Minsk agreements” between Kiev and the self-proclaimed republics […]
Energy ties between China and Russia will see deeper development as the neighboring countries are planning to jointly work on the Arctic shelf projects, according to Igor Sechin, CEO of Russia’s biggest oil company Rosneft. “New growth points in Russian-Chinese cooperation could be joint development of the oil and gas resources on the shelves of […]
Susan Walsh/AP Reuters interviews with dozens of business owners across Iran show hundreds of companies have suspended production and thousands of workers are being laid off because of a hostile business climate mainly caused by new U.S. sanctions. The Iranian rial has fallen to record lows and economic activity has slowed dramatically since U.S. President […]
US National Security Advisor John Bolton has threatened to “squeeze” Iran’s economy “until the pips squeak,” just one week after Washington imposed a new round of crippling sanctions billed as the “toughest ever.” Speaking ahead of the ASEAN-US summit in Singapore, Bolton said that the Iranian government is already under “real pressure” and that the […]
Russia says it’s trying to ease sanctions on North Korea to make aid organisations’ work there possible. The US says it won’t let that happen. Following a closed-door UN security council meeting this Thursday requested by Russia and China, US ambassador Nikki Haley told press members that Russia is trying “to lift banking restrictions” against […]
The EU is punishing itself for doing Washington’s bidding and sanctioning Russia, Russian Foreign Minister Sergey Lavrov said. However, while the restrictions policy does not harm the US, the EU suffers billions in losses. In an interview with the Spanish newspaper El País, Lavrov lamented the dismal state of EU-Russia relations, describing them as far […]
Published time: 5 Nov, 2018 06:22 Edited time: 5 Nov, 2018 06:29 Iran will continue to export its oils and will break the sanctions reinstated by the US on Monday, the nation’s leader Hassan Rouhani said in a TV address, Reuters reports. DETAILS TO FOLLOW Let’s block ads! (Why?)
Iran’s Supreme Leader Ayatollah Ali Khamenei has spoken out against the latest round of sanctions set to be imposed by the US, blasting Donald Trump for having “disgraced” US prestige and what remains of its liberal democracy. “This new US president… has disgraced the remnants of America’s prestige and that of liberal democracy. America’s hard […]
