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Economist Jeffrey Sachs: China’s Retaliation Might Stop the US Economy
24.7.2025
Jeffrey Sachs warned that the Trump administration’s potential future secondary sanctions on China’s trade relations with Russia could lead to a catastrophe for the U.S. economy. Sachs believes that the world would turn its back on America if this were to occur. Jeffrey Sachs Warns...
Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters
14.3.2025
While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions
Tether Freezes $28M USDT on Russian Crypto Exchange Garantex
6.3.2025
"Tether has entered the war against the Russian crypto market and blocked our wallets worth over 2.5 billion rubles," Garantex said
US May Lift Russian Sanctions if Ukraine Talks Progress, Expert Says
14.2.2025
The U.S. may lift sanctions on Russia if Ukraine negotiations progress, an expert says, as the Trump administration commits to immediate diplomatic talks amid shifting global economic alliances. Potential US Sanctions Relief on Russia Amid Ukraine Negotiations The United States may ease sanctions...
Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses
1.2.2025
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block...
Russia’s Foreign Trade Defies Western Sanctions, Official Claims
22.11.2024
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that...
BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?
30.10.2024
While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members could choose to continue it without support from the BIS. BIS Considers Ending Mbridge Project, BRICS Countries Could Use...
US Sanctions on Russia Backfire, Elevating BRICS as a ‘Genuine Financial Threat’
30.10.2024
Western sanctions on Russia have backfired, bolstering BRICS as nations seek alternatives to Western financial control, according to a former U.S. state senator. Former Senator: US Sanctions on Russia Empower BRICS as Financial Threat Former Virginia State Senator Richard Black has claimed that...
Russia Warns of Global Market Shock if Frozen Assets Are Tapped, Intensifies Sanctions Threat
27.10.2024
Russia cautions that using frozen Russian assets could trigger profound shocks to global markets, spurring developing nations to bypass the U.S. dollar. Russia’s Asset Countermoves: Potential Global Financial System Impacts Russia’s Finance Ministry warns that leveraging Russian...
Massive Turnout at BRICS Summit Proves West’s Strategy to Isolate Russia Failed
25.10.2024
Western efforts to isolate Russia have faltered as 36 nations attended the BRICS Summit in Kazan, a Russian official has declared. The BRICS leaders summit, chaired by Russia, saw 22 high-level delegations, highlighting Russia’s continued global influence despite sanctions and efforts by...
Sanctions Backfire: European Exporters Suffer More Than Russia
22.10.2024
European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterprises (SMEs) are struggling with disrupted payment...
Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free
22.10.2024
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now conducts 95% of its foreign trade in national...
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
19.10.2024
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital...
BRICS More Attractive Than EU, Says Serbia’s Vulin
10.10.2024
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions like the EU, stressing cooperation based on respect...
China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East
30.9.2024
Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks...
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
29.9.2024
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling...
US License Expiration Imperils Russia-China Trade in Chinese Yuan
29.9.2024
A U.S. license allowing transactions with key players in Russia’s financial system expires on Oct. 12. This could make it harder and more expensive for Russian businesses to trade with China in yuan. The yuan is currently the most traded foreign currency in Russia after Western sanctions...
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
27.9.2024
Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday
Binance continues to serve Russian users despite 2023 exit
26.9.2024
A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia
North Korea Signals Closer BRICS Relations Amid Growing Russia Ties
25.9.2024
North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North...