Tag: Trade sanction
How an expert assesses China’s strategy in the Ukraine war
Vladimir Putin and Xi Jinping met in Beijing in February Putin is acting under time pressure, but China can afford staying power, says China expert Heilmann. (Photo: AP) Beijing Sebastian…
What would a total departure mean?
German and Russian flag “De-bundling from the Russian economy would be painful for a few sectors, but would cost little overall prosperity in the long term.” Berlin Are economic relations…
That’s how hard the Russia sanctions are hitting European companies
Madrid, Stockholm, London, Paris, Rome The West has imposed massive sanctions on Russia. They hit the oligarchs, the markets and the companies of the country with full force. At the…
War in Ukraine: commercial law firms end mandates in Russia
Gazprom under pressure Law firm Freshfields is ending its long-standing relationship with the Russian energy giant. (Photo: Reuters) Cologne Not long ago, commercial law firms boasted about their relationships with…
Roman Abramovich is apparently looking for buyers
Roman Abramovich The oligarch is reportedly asking for £4bn for Chelsea. (Photo: Corbis Sport/Getty Images) London The Russian oligarch Roman Abramovich apparently wants to sell his property in England –…
Why the EU sanctions Russian oligarchs
photomontage Kremlin chief Vladimir Putin with Alexei Mordashov (left) and Mikhail Fridmann (right). Berlin Russian oligarchs, who have been sanctioned by the EU and the USA, are now condemning the…
Should German companies withdraw from Russia?
In Putin’s world, business is losing its innocence. There’s blood on the money companies make in Russia. The peace dividend has been used up. The Russian president’s war of aggression…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
Major attack on Kyiv imminent
Satellite image of Ukraine This satellite image provided by Maxar Technologies shows a military convoy northwest of the Ukrainian city of Invankiv. (Photo: dpa) Berlin, New York, Rome Ukraine faces…
Ukraine war: The situation in the morning
Ukraine war Barricade on Maidan Square in Kyiv. (Photo: AP) new York What’s next in Kyiv? During the night, the Ukrainian capital was spared attacks. But in front of Kyiv,…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
Russians are feeling the effects of the sanctions
Moscow Children’s birthday party in the Moscow cafe “Piterburger”. Eight boys between the ages of ten and eleven buzz around Jelena. “I want the Stary Bro!” Cyril yells in her…
The first German companies are getting out of business in Russia
Dusseldorf The initial shock gives way to decisive action: the first companies are reacting to the Russian invasion of Ukraine. The British oil company Shell ends its cooperation with Gazprom,…
The major attack on Kyiv is imminent
Satellite image of Ukraine This satellite image provided by Maxar Technologies shows a military convoy northwest of the Ukrainian city of Invankiv. (Photo: dpa) Berlin, New York, Rome Ukraine faces…
Situation in the evening – Russia bombs cities in Ukraine
TV tower in Kyiv According to the Ukrainian Interior Ministry, Russian forces are shelling the Kyiv television tower. (Photo: Youtube MEDplus via REUTERS) Kyiv, Moscow, Dusseldorf Despite international calls to…
Robert Habeck advertises LNG supplies during a US visit
Berlin, NY Federal Economics Minister Robert Habeck (Greens) admits what the Americans have long criticized: Germany has blindly relied on energy supplies from Russia for too long, said the Greens…
BMW stops production in Russia and warns of delivery bottlenecks
BMW production in Kaliningrad (archive image) Business was going well until the Russian troops invaded Ukraine. (Photo: dpa) Munich BMW is putting its business in Russia on hold in response…
The major attack on Kyiv is imminent
Satellite image of Ukraine This satellite image provided by Maxar Technologies shows a military convoy northwest of the Ukrainian city of Invankiv. (Photo: dpa) Berlin, New York, Rome Ukraine faces…
Siemens stops new business in Russia
Siemens headquarters The group only generates a small part of its sales in Russia. (Photo: dpa) Munich The Siemens group stops its new business with Russia. International deliveries to Russia…