Possibly not widely known fact. Putin owns 51% of the stock directly or indirectly of Gazprom. 5% of the stock personally, another 46% through his son-in-law..With respect to Rosneft oil he has Ru 2nd strongman Sechin (former KGB general) as the CEO.
The #UnitedStates should slap sanctions on ICC ofcls who seek an #arrest#warrant for PM Benjamin Netanyahu, a top foreign policy adviser to #Republican presidential #candidate Donald Trump said on Tues after meeting the Israeli leader.
#China has #banned former #USLawmaker Mike Gallagher from entering the country & taken other measures in response to his words & actions that "interfered in China's internal affairs," the foreign ministry said on Tuesday.
Under the #sanctions, China could freeze any assets Gallagher might at some point have in the country & ban organisations & individuals there from trading & cooperating with him, the ministry said.
With Russia's military stocks running low and domestic production capacity simultaneously hampered by Western sanctions, North Korea has been shaping up as Russia's leading weapons supplier, reportedly providing Moscow with extensive military packages, including ballistic missiles and over 3 million artillery shells.
For those interested in #economy of #Russia and international #sanctions, here’s the latest International Working Group on Russian Sanctions status report and recommendations:
The restrictions target actors purportedly involved in the transfer of North Korean arms to Russia for use against Ukraine and Iranian actors providing military aid to Moscow.
President #Biden on Monday evening signed a bipartisan bill prohibiting Russian imports of enriched #uranium a move intended to cut off one of the last significant flows of #money from the #UnitedStates to #Russia amid the #war in #Ukraine.
But #sanctions on #uranium imports have taken much longer, in part because #Russia supplies roughly 20% of #US#nuclear fuel, leading some lawmakers to fear disruptions to the nation’s 93 nuclear reactors.
“It’s kind of ridiculous that it took as long as it did to get to this stage,” said Scott Melbye, exec VP of mining company Uranium Energy & president of the Uranium Producers of America, a trade group. “But we’re just glad that we got here.”
Kadri Simson also said the EU is preparing for a sudden end to the Russian gas supply when the transit contract between Ukraine and Moscow expires at the end of this year.
Despite Western #sanctions Russia's weapons stockpile continues to replenish unrelentingly. As of March, the country was producing three times more artillery shells than the United States and Europe for #Ukraine. #Moscow has managed to bypass traditional checks and balances during its invasion, importing basic materials and components instead of weapons, Jean-Emile Jammine takes a look at the loopholes benifiting the Kremlin and how the West could be complicit.
The U.S. imposed new sanctions on May 1 against nearly 300 companies and individuals in Russia and third countries, including Chinese companies, for aiding Moscow's war effort, the Treasury Department announced.
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said on April 28.
In 2023, the largest #Western#banks still operating in #Russia paid taxes that were four times the amount they paid before the full-scale invasion. This is due partly to international #sanctions on Russian banks.
#Chinese companies concerned about U.S. #sanctions are having to find news ways to sell their goods to Russia. One Chinese company selling electrical goods is considering selling them through currency brokers on China's shared border with #russia Reuters reports.
How about this: EU banks paid in #russia FOUR TIMES more taxes in 2023 than before the war. Half of that comes from #Austria#reiffeisenbank which not just didn’t leave russia as promised, but is actively expanding its business there. Way to go #eu, let’s finance russian war machine!
The banks are:
Raiffeisen Bank International, Unicredit, ING, Commerzbank, Deutsche Bank, Intesa Sanpaolo, OTP
"Italy has emancipated itself from Russian natural #gas and would have no problem with a proposed package of #EU#sanctions on #LNG that the European Commission is considering, Italian #Energy Minister Gilberto Pichetto Fratin said.
#Italy was one of the countries most dependent on Russian gas at the time of Moscow's all-out invasion of #Ukraine in 2022. But it has been remarkably nimble at diversifying supply..."
US imposes sanctions on Russians who helped transport weapons from North Korea to Russia (kyivindependent.com)
With Russia's military stocks running low and domestic production capacity simultaneously hampered by Western sanctions, North Korea has been shaping up as Russia's leading weapons supplier, reportedly providing Moscow with extensive military packages, including ballistic missiles and over 3 million artillery shells.
New Zealand announces new sanctions over Russia's war against Ukraine (kyivindependent.com)
The restrictions target actors purportedly involved in the transfer of North Korean arms to Russia for use against Ukraine and Iranian actors providing military aid to Moscow.
Commissioner: EU's next package of Russia sanctions to target LNG imports (kyivindependent.com)
Kadri Simson also said the EU is preparing for a sudden end to the Russian gas supply when the transit contract between Ukraine and Moscow expires at the end of this year.
US sanctions Russia, Chinese companies for war effort support (kyivindependent.com)
The U.S. imposed new sanctions on May 1 against nearly 300 companies and individuals in Russia and third countries, including Chinese companies, for aiding Moscow's war effort, the Treasury Department announced.
Minister: Italy has no reason to oppose new EU sanctions against Russian gas (kyivindependent.com)
Italy has overcome its dependence on Russian gas and will not oppose the proposed package of EU sanctions on liquified natural gas (LNG), Italian Energy Minister Gilberto Pichetto Fratin said on April 28.