Image by Zumlik The Trump administration will move forward with plans to sanction Russian oligarchs with close ties to Russian President Vladimir Putin, declared American news outlets. Various reports are appearing in the Western media, with the Washington Post reporting six individuals could be targeted. The U.S. Treasury Department recently…
Establishment Pushes More Russia Sanctions, Mnuchin Delivers.
Image by Kremlin.ru Russian President Vladimir Putin said this week that he thinks Russia will eventually achieve normal relations with the West and Washington/Brussels will get bored with sanctions. “I believe that soon they will get bored with it. Those who do such things,” Putin told a congress of the…
Report: Russia Facilitating North Korean Coal Shipments To Third Parties.
Image by Chatham House, London The Russian media outlet Republic.ru reported this week on a conversation with Alexander Lebedev, a Russian businessman and banking expert. The most striking comment made in the interview was Mr. Lebedev’s assertion that at least $100 billion had been illegally smuggled overseas from Russian banks…
Russian President Vladimir Putin really wants Russian offshore capital to come home. As Western sanctions continue to bite, and are even strengthened, Putin is using the opportunity to make it very easy for Russian businessmen to send back to the Russian Federation offshore profits. Russian Economic Minister: Sanctions No Longer…
Image by Jameson983 Russia’s banking crisis deepened significantly as the Russian Central Bank moved to bail out the tenth largest private lender, Promsvyazbank, the third major bailout of 2017. Cleaning Up Russia’s Banking Sector Will Take Up to Two Years, Central Banker Says “Promsvyazbank’s (PSB) rescue follows the central bank…
Image by Jeroen The European Union extended sanctions against Russia for another six months over its actions in Ukraine, including the annexation of Crimea and the war in the Donbass region of East Ukraine. “The decision, announced on December 14 at an EU summit, will extend current restrictions against Moscow…
Image by NVO The United States has announced it will once again process non-immigrant visas for Russian nationals at the consulates in St. Petersburg, Vladivostok, and Yekaterinburg. The services had been shut down after Russia ordered almost 800 U.S. diplomatic personal to leave the Russian Federation in response to U.S….
Russia Barred From 2018 Olympics Over Doping.