WASHINGTON, Feb. 28 (Xinhua) -- The U.S. Department of the Treasury on Monday announced a fresh round of sanctions targeting Russia's central bank, the country's financial tools as well as a relevant individual, in response to Moscow's ongoing military operations in Ukraine. The Treasury D...
KIEV, Nov. 1 (Xinhua) -- The sanctions imposed by Russia on hundreds of Ukrainian individuals and dozens of entities would unlikely affect Ukraine's economic stability, a senior central bank official said on Thursday. "With the regard to the influence on macroeconomic stability, we believe it ...
The actions targeting Sberbank and Alfa Bank, Russia's largest private bank, freeze any of their assets touching a U.S. financial institution and prohibit U.S. citizens from doing business with the two banks. The sanctions on state-owned enterprises, which are not yet named, prohibit any U...
The crippling sanctions are designed to block Russia from tapping the global financial system, ranging from freezing assets at major Russian banks — including the state-owned VTB, and prohibiting U.S. citizens from participating in any transactions with Russia's Central Bank, its National Wealth ...
As the Russian sanctions are currently structured, it’s difficult to say if the plan is to stop Russian military aggression on its neighbors or to allow foreign global banks to grab market share in Russia. MOEX Index of Russian Sto...
on behalf of the Central Bank of the Russian Federation, National Wealth Fund of the Russian Federation or the Ministry of Finance of the Russian Federation. The sanctions also ban any foreign financial firm from sending U.S. dollars to the Russian central bank, finance ministry and wealth ...
SOUTH Africa has picked Russian state-owned bank Gazprombank to help its national oil company PetroSA revive a gas-to-liquids plant, a deal reportedly worth about $265mn. The bank, under US sanctions since early 2022 over Russia's invasion of Ukraine, won the contract after 19 fellow ...
*Alpha-Bank, Russia’s largest privately-owned financial institution and Russia’s fourth-largest financial institution overall, has been included in the OFAC's Non-SDN Menu-Based Sanctions List. March 3, 2022 OFAC and the U.S. Department of State intensified pressure on Russia by targeting ...
WASHINGTON, March 11 (Xinhua) -- The United States on Monday imposed sanctions on a Russian bank which it claimed has business ties with a designated Venezuelan state-owned oil company, the latest move to drain off financial support for President Nicolas Maduro's government. ...
The sanctions were signed off on Thursday by Ukraine’s president Petro Poroshenko, who called upon the West to follow in his country’s footsteps by imposing “analogous” new sanctions against Russian banks engaged in such activities. Proposed yesterday by the National Bank of Ukraine, the meas...