In response to the Russia-Ukraine conflict, the United States, the European Union, and other countries imposed unprecedented economic sanctions on Russia, leveraging the role of the US dollar role as the key global reserve currency. “The use of sanctions does not come without consequences. Investors are increasingly concerned that the
Washington, D.C. (AP) — Sanctions have historically been employed by the United States as a political and military tool to punish opponents and foes. It can sometimes have the desired effect of causing economic turmoil in the target country. However, at times, these punishments demonstrate the pitiless mentality of the
Recently, the US imposed sanctions on the Rapid Action Battalion (RAB), Bangladesh’s elite paramilitary force, and seven of its current and former officials, accusing human rights violations through enforced disappearances and extrajudicial killings. This human rights-related sanction means the RAB will neither be allowed to own assets in the
Last month, China imposed sanctions on over two dozen officials from the US, including Mike Pompeo. The sanctions include travel bans and business-related restrictions. Subscriber Content Add content here that will only be visible to your subscribers. Subscribe to get access Read more of this content when you subscribe today.
Russia’s TASS News Agency interviewed Sergey Chemezov, CEO of Rostec. We reproduce the entire interview here in question and answer style. TASS: Sergei Viktorovich, please try explaining the so-called phenomenon that no matter what Russia begins to produce it always ends up with a Kalashnikov assault rifle? – No, not