Russia Sanctions
Russia Sanctions
The Biden administration’s parting gift to Russia: Still more sanctions
Clearly working overtime to underscore the Biden administration’s desire to inflict maximum economic pain on Moscow and its coterie of Ukraine invasion supporters outside...
Russia Sanctions
Stringent new energy sector sanctions on Russia announced
On January 10, the U.S. Government released a massive new listing of over 200 entities and individuals involved in Russia’s energy sector for Ukraine-related...
Global Energy Supplies
OPEC+ postpones plans to increase production over supply unease
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known collectively as OPEC+, decided on December 5 to delay its planned...
Russia Sanctions
U.S. sanctions Russian banks, finance officials and securities registrars
The U.S. announced on November 21 new sanctions targeting Russia’s largest remaining non-designated bank (Gazprombank), as well as dozens of other financial institutions and...
Zero Tolerance
IMF pronounces victory over inflation while sounding debt and tariff warnings
The 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) took place in Washington D.C. from October 21...
China
Drone producers in China and Russia face new U.S. sanctions
In recent months, the Biden administration’s sanctions taskmasters at the State and Treasury Departments have clearly gone into overdrive, designating new targets/entities at least...
Op-Eds & Guest Contributors
The complex politics of Caspian gas
For the countries bordering the Caspian Sea, gas has always been a major economic resource and, in most cases, one of the biggest contributors...
Transport
Azerbaijan and Kazakhstan railways upgrading the Middle Corridor
Much has been reported in the last few years about the steady progress across Central Asia and the Caucasus in establishing the so-called “Middle...
Op-Eds & Guest Contributors
Supplying Russia and Iran, Armenia emerges as a new sanctions black hole
For the past two years, Armenia has been attempting to demonstrate its shift towards the West, all the while maintaining its geopolitical role as...
Invasion of Ukraine
G7 Foreign Ministers condemn Tehran’s export and Russia’s procurement of Iranian ballistic missiles
The foreign ministers of the Group of Seven (G7) industrialized powers condemned on September 14 "in the strongest terms" Iran's sales and Russia's purchases...
Invasion of Ukraine
G7 Summit focuses on Ukraine support and shattering Russia’s wartime economy
Despite last week’s expert punditry (itself almost indistinguishable from AI) on the latest G7 decisions as exhibited by the “instant experts” on global issues...
Africa
Washington orders new sanctions against Russia’s Wagner Group in Africa
On May 30, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) ordered new sanctions measures to counter Russia’s destabilizing activities in...
Russia Sanctions
New wave of U.S. sanctions target Russia’s foreign suppliers and industrial base
On May 1, the U.S. Department of State together with the U.S. Treasury Department unveiled a wide-ranging new list of anti-Russia sanctions covering an...
Russia Sanctions
U.S. and U.K. take new steps to reduce Russia’s revenue from metals
On April 12, the U.S. Department of the Treasury, in coordination with the United Kingdom, issued two new prohibitions in order to disrupt the...
Russia Sanctions
Russia sanctions remain a powerful tool to support Ukraine’s defense
Western leaders should not dismiss the two-year long sanctions campaign (as opposed to the 2014 Crimea sanctions) as unsuccessful simply because the Kremlin has...
Russia Sanctions
New U.S. Russia sanctions widen scope, adding 500 new targets
The U.S. State Department released a comprehensive list of new sanctions measures on February 23, clearly the culmination of months of preparation in order...
Transport
Investors Forum brings the Middle Corridor into EU-wide focus
Huge investment numbers were thrown around in Brussels January 29-30 at the Global Gateway Investors Forum for the European Union – Central Asia Transport...
Columns
Record-high American LNG exports reinforce EU energy security drive
US liquefied natural gas, or LNG, exports reportedly hit monthly and annual record highs in December, positioning the United States to potentially become the...
Armenia
Russia’s powerful economic levers over Armenia
Armenia's relations with its strategic partner Russia are getting worse and worse and its leaders seem to desire a shift in geopolitical orientation towards the West....
Democracy & Human Rights
Meeting conditions for Georgia’s EU accession is a tall order for Tbilisi
The European Commission’s provisional endorsement of Georgia’s EU chances contained a not-so-subtle message couched in diplomatic jargon: Tbilisi must forge a stronger national consensus...
Economy & Business
New US actions against corruption and Russian malign influence in the Western Balkans
On November 16, the US Department of the Treasury’s Office of Foreign Assets Control, known by its acronym OFAC, designated eight individuals and six...
Economy & Business
US slaps new separate sanctions on Iran, Russia and Hamas
On October 18, the US Department of State announced new separate sanctions packages against Iran and Hamas; they are not directly connected. A number...
Zero Tolerance
Zelensky Athens visit eclipses Mitsotakis’ informal Western Balkans Summit
Receiving a full house of Western Balkan leaders, as well as several EU luminaries, in Athens on an evening when much of northern Greece...
Economy & Business
US-UK Strategic Sanctions Dialogue inaugurated
Building on the unique economic and security partnership between the two nations, the US Department of State hosted a senior UK government delegation for...
Zero Tolerance
Silicon Valley Bank financial contagion contained – for now
The world’s top policymakers and international financial leaders acted effectively in the days following the collapse of California’s Silicon Valley Bank. They appear to have dealt positively with the risk of wider global financial contagion.
Europe & Eurasia
Putin’s New START withdrawal has broad implications
Vladimir Putin continues to persuade Russians that the West provoked his imperialist war of aggression against Ukraine. His announcement that he would no longer...
Invasion of Ukraine
Sanctions, sanctions everywhere
On February 24, 2023, the US Government alongside G-7 leaders announced via a White House statement a new set of trade and economic measures...
Defense & Security
Providing Ukraine with advanced Western fighters is a logical step towards battlefield success
While Ukraine may have weathered the storm of Russia’s initial onslaught and retaliated with a force and determination largely thought to have been beyond...
Belarus
A Belarusian politician, fraudster and businessman kept money in Credit Suisse
It was the last summer day of 2008. An Audi was waiting in line to leave Belarus for Poland. Petr Kalugin, a House of Representatives deputy,...
Kosovo
Latest Kosovo unrest less than meets the eye
Most observers of Balkan developments will agree that a Kosovo crisis of various flavors seems to emerge with some regularity around the holiday season...
Albania
EU Tirana Summit: Enlargement must go on
The summit's generic one size fits all “membership perspective” statement was seen as good news by most after the topic of EU Enlargement had become a highly controversial subject.
Russia
Major Japanese auto companies giving up on Russia
Toyota and Nissan, two major Japanese automakers with substantial manufacturing capacity, pulled out of Russia after both claimed that carrying out any future business...
Economy & Business
Sanctions expand as Russia approaches major default
No American President ever travels to Europe without a bag full of so-called “deliverables” and US President Joe Biden duly arrived in Brussels last...
Economy & Business
Pressed by sanctions, Russia narrowly escapes default
While the global sanctions campaign against Russia is not yet a month old, investors and sanctioneers held their breath this week as Russia struggled...
Economy & Business
Russia sanctions – Now comes the hard part
As Russia’s invasion of Ukraine moves into the third week, a broad network of financial, travel and trade sanctions has been established in fairly...
Invasion of Ukraine
As the global sanctions net tightens, weak spots emerge
After the second phase of heavy western economic sanctions on Russia was announced in the final days of February, new coordination mechanisms are being...
Invasion of Ukraine
EU Russia sanctions close in on finance, trade, aviation, media
Russia’s military advance across Ukraine has galvanized global public opinion to the point that timid EU governments and the Brussels bureaucracy have been forced...