Moscow, Russia | Xinhua | Western countries have failed to achieve their main goal of undermining Russia’s financial stability with “unprecedented sanctions,” Russian Prime Minister Mikhail Mishustin said Thursday. The cabinet and the central bank have managed to significantly mitigate the negative impact of unfriendly actions against Russian citizens and businesses, …
Read More »‘US sanctions on Russia not responsible for high commodity prices’
Kampala, Uganda | THE INDEPENDENT | America’s sanctions on Russia are not to blame for the increasing prices of food and petroleum products across the globe, the United States of America’s Permanent Representative to the United Nations Linda Thomas-Greenfield has said. The world has recorded a sharp rise in prices …
Read More »Iran slams U.S. addiction to sanctions as feature of hegemonic system
Tehran, Iran | Xinhua | The Iranian Foreign Ministry said on Tuesday that the U.S. addiction to sanctions and using them as leverage against others is a characteristic of the U.S. hegemonic system. Nasser Kanaani, the ministry’s spokesman, made the remarks on Tuesday in reaction to new U.S. sanctions imposed on …
Read More »Using dollar supremacy for sanctions is disruptive, says economist
Using dollar supremacy for sanctions could well lead to other countries backing away from it (the dollar) London, UK | Xinhua | The U.S. government’s frequent use of dollar supremacy for sanctions against other countries could negatively impact global trade and finance, an economist has said. “One of the problems with …
Read More »Brazilian president rejects sanctions against Russia to guarantee fertilizer imports
Sao Paulo, Brazil | Xinhua | Brazilian President Jair Bolsonaro reiterated Monday his opposition to economic sanctions against Russia, in order to retain the supply of Russian fertilizer imports to Brazilian agribusiness. “We are not going to adhere to sanctions (against Russia). We maintain a balanced position because without Brazil’s balance …
Read More »Implementing Russia-Ukraine grain export deal needs to overcome sanctions, trust issues
Russia and Ukraine separately signed a deal in Istanbul Friday with Türkiye and the United Nations to resume grain shipments from Ukrainian ports to international markets via the Black Sea Moscow, Russia | Xinhua | Russia and Ukraine separately signed a deal in Istanbul on Friday with Türkiye and the United …
Read More »EU imposes more sanctions on Russia
Brussels, Belgium | Xinhua | The European Union on Thursday imposed more sanctions on Russia over its conflict with Ukraine, including a ban on gold imports and the tightening of export controls on high-technology goods. The “reinforced, prolonged EU sanctions against the Kremlin send a strong signal to Moscow: we will …
Read More »Iran says to gradually eliminate dollar in trade with Russia
Tehran, Iran | Xinhua | Iran’s chief banker said the U.S. dollar will be gradually eliminated from Iranian-Russian economic transactions, the official news agency IRNA reported on Thursday. The trade volume between Iran and Russia stood at 4 billion U.S. dollars, which can be conducted through the Iranian currency rial and …
Read More »Iran pursues dynamic diplomacy to counter U.S. isolation
Tehran, Iran | Xinhua | U.S. President Joe Biden’s first Middle East tour meant to rally support to counter what he called “Iranian threats” is most likely to see a watered-down achievement, given Iran’s sustained efforts to improve relations with neighbors and other countries in the region, analysts said. A handful …
Read More »EU to ban Russian gold imports in new sanctions package
Brussels, Belgium | Xinhua | The European Commission on Friday adopted a proposal for a seventh package of measures that will ban the importation of Russian gold. The proposal is part of a new set of measures that are intended to improve the implementation and effectiveness of the EU’s six earlier …
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