Putin's gold strategy explains why sanctions failed
• Asia TimesHis goal of turning the ruble into pure gold works if consumers, central banks, investors panic and buy gold en masse
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His goal of turning the ruble into pure gold works if consumers, central banks, investors panic and buy gold en masse
Concerned about a weaponized financial system, many countries have signaled plans to remove their gold and other assets from the U.S. in the wake of the unprecedented Western sanctions imposed on Russia over its invasion of Ukraine.
Biden meets Alexei Navalny's widow and daughter in California and promises major sanctions against Putin
Western populations have been hearing for the past two years that NATO sanctions would have a devastating effect on the Russian economy, so much so that Vladimir Putin would be forced to back out of military operations in Ukraine almost immediately.
New sanctions on the Houthis will make it impossible for the first phase of the Saudi-Houthi peace deal to be implemented
While pressure has continued to mount on US President Joe Biden to take action in response to Israel's war on Gaza, he has instead set his sights on the occupied West Bank.
On Thursday the US House of Representatives in a 307-119 vote passed a bill that would force the White House to permanently freeze $6 billion in Iranian funds released back in September as part of a successful prisoner exchange deal.
Oct. 18 was Transition Day under the Iran nuclear deal, and with it passed the U.N. missile and drone sanctions. Iran's terrorist proxies and foreign clients such as Vladimir Putin send their regards.
With major U.S. interventions in Ukraine and Israel, one must not forget that America interferes in the affairs of nations all over the world; with U.S. taxpayers on the hook for all of it. Meddling in Venezuela was in and out of the news this week.
The Russian president addressed a number of key issues including Ukraine, sanctions, Western hegemony, and Russia's role on the international stage
Biden admin issues new sanctions on Iranian president just after swap...
"Huawei's first higher-end Kirin processor since 2020 after the US government restricted American businesses from selling their products or services to Huawei."
It would be a "poetic exaggeration" to say that the measures against Moscow are working, Hungarian Foreign Minister Peter Szijjarto has said
Under pressure of the western sanction regime, Mercedes-Benz has cut Russian dealers off from its software, severely impacting their ability to diagnose and service vehicles. BMW has implemented its own restrictions.
Russia has now become the main crude oil supplier of India, one of the world's largest consumers, Hungarian daily Magyar Hírlap reports.
Russia has now become the main crude oil supplier of India, one of the world's largest consumers, Hungarian daily Magyar Hírlap reports.
Russia is testing a digital ruble to try to circumvent US and European sanctions.