Sanctions are slowly destroying Russian businesses with payment issues. New US restrictions imposed in June have put local banks in countries that trade with Russia at a higher risk of so-called secondary penalties, which is delaying or disrupting payments to and from cou... #China #RussianBusiness #SanctionsAgainstRussia #SecondarySanctions #Turkey
The US Treasury requires European banks to strengthen monitoring of compliance with sanctions against the Russian Federation. Heads of European banks should intensify their efforts to implement measures that are designed to stop Russia’s attempts to circumvent sanctions, US Treasury Secretary Janet Yellen said. She not... #circumventionOfSanctions #EuropeanBanks #JanetYellen #SanctionsAgainstRussia #SecondarySanctions
The EU has officially announced secondary sanctions against the Russian Federation. In the new package of sanctions against Russia, the European Commission has developed measures that exclude the possibility of circumventing both the newly introduced and existing restrictions, said t... #anti_Russiansanctions #SecondarySanctions #UrsulavonderLeyen
The US Congress will severely punish any attempt to circumvent oil sanctions against Russia. The WSJ writes that the US Congress is preparing a bipartisan proposal to strengthen the agreement on a price ceiling for Russian oil. It is noted that Senators Chris Van Hollen and Pat Toomey want to... #RussianOilPriceCeiling #RussianOilSanctions #SecondarySanctions
