Tag: Trade sanction
China must take a stance on the Ukraine conflict
Military-strategic misjudgments, complete underestimation of Western cohesion and then sanctions that lead to a collapse of the economy and will cause great damage to the country for years to come:…
US pushes ahead with plan to boycott Russian oil
Oil production in Russia Most recently, Russia exported between 4.5 and 5 million barrels of crude oil per day on average. (Photo: imago images/ITAR-TASS) Zurich, Berlin, Brussels, Paris Shops are…
A cold winter threatens the markets
Dealers in New York The high gas prices are threatening the global economy and massively unsettling investors. (Photo: Reuters) “Mourir pour Dantzig?” This controversial question, this catchphrase, was circulated in…
These corporations want to stay in Russia
Dusseldorf, Berlin, Frankfurt Metro boss Steffen Greubel has to justify himself more and more. Despite the current situation, the wholesale group wants to hold on to business in Russia. The…
Millions of refugees expected – The West registers the economic consequences of the war
Dusseldorf One figure leaves no doubt that the attack by Russian President Vladimir Putin will hit the people of Ukraine first and foremost: the European Commission predicted this Monday afternoon…
Shell restricts wholesale heating oil & diesel
Shell tanker truck The oil company restricts trade in certain products. (Photo: imago images/UJ Alexander) Dusseldorf, Zurich The oil company Shell Germany informed its major customers in a letter on…
German financial institutions stop making payments to VTB Bank Europe
The VTB Bank logo The VTB direct bank is a branch of the VTB Bank Europe SE and is under the supervision of the Bafin. (Photo: Reuters) Frankfurt According to…
Sanctions against oligarchs proportionate according to ICC
Luxury yacht “Lady M” in the port of Imperia The ship of the oligarch Alexei Mordashov was arrested in Italy. (Photo: AP) Cologne Oliver Wieck, Secretary General of the German…
Fear of expropriation of European banks in Russia
A Rosbank building in Moscow The parent company of the Russian Rosbank, the French Société Générale, has come under massive pressure as a result of the Ukraine crisis. (Photo: Bloomberg)…
How China could stop Russia’s war with Ukraine
Beijing Just last week, EU foreign policy chief Josep Borrell suggested that China could play a mediating role in the Ukraine war. Experts were skeptical – and this skepticism is…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York The big auditors KPMG and PwC are parting with…
Uprising against Putin’s business model – Handelsblatt Morning Briefing
Germany would be a flawless democracy according to Moscow pattern, then it would most certainly say something about a “special operation” and a “peacekeeping force” to take on this Russian…
Russia appears to be preparing to storm Kyiv
More attacks These people are leaving the city of Irpin, which is near Kyiv. (Photo: AP) Dusseldorf Twelve days after the start of the Russian invasion of Ukraine, the situation…
Russia appears to be preparing to storm Kyiv
Ukraine conflict Ukrainian soldiers prepare to defend Kyiv. (Photo: dpa) Dusseldorf Twelve days after the start of the Russian invasion of Ukraine, the situation of hundreds of thousands of people…
The sanctions are hitting the country with full force
empty shelves A sign indicates the maximum purchase quantity. Since the weekend, many Western companies have even gone out of business completely. (Photo: dpa) Berlin Women’s Day on March 8…
NL Minister Sigrid Kaag open to tougher sanctions
Brussels The Dutch government is committed to tightening sanctions against Russia. “The Netherlands is open to excluding more banks from Swift,” said Dutch Finance Minister Sigrid Kaag in an interview…
Second attempt to evacuate Mariupol – number of refugees is growing at the fastest rate since World War II
Zaporizhia Nuclear Power Plant from the air Russia now controls the largest European nuclear power plant in Zaporizhia. (Photo: dpa) Dusseldorf The International Atomic Energy Agency (IAEA) is increasingly alarmed…
More gas supplies – Italy strengthens partnership with Qatar
Luigi di Maio According to Di Maio, Italy is planning further ventures to “diversify” energy supplies to the Mediterranean country. (Photo: dpa) Rome In view of the Ukraine war to…
Second attempt to evacuate Mariupol – number of refugees is growing at the fastest rate since World War II
Mariupol View from a hospital window shattered by shell fire in the port city under Russian fire. (Photo: dpa) Dusseldorf In the Ukraine war, the city of Mariupol, besieged by…
Second attempt to evacuate Mariupol – number of refugees is growing at the fastest rate since World War II
Mariupol View from a hospital window shattered by shell fire in the port city under Russian fire. (Photo: dpa) Dusseldorf In the Ukraine war, the city of Mariupol, besieged by…