But if their grip slackened, the Turks would be more likely to move in and establish client states. Lenin is still sidelined (we WILL hear from him eventually though, promise!) but he's spent a quarter century trying to bring communism to Russia. He can't, won't, s...
Russian-EU relationsforeign tradeFDIenergyThe European Union's economic strategy on Russia had not been clearly and consistently worked out by the time of the 2004 May enlargement; major questions still needed to be answered. Since new member-states had not been really involved into the process ...
This is basically the system we enjoy in the United States. Although the Federal Reserve has long insisted that it will not “monetize the debt” of the U.S. Treasury, that is exactly what the Fed would do if there were a chance that the Treasury could not otherwise repay its outstanding...
And in February 2022, SWIFT severed ten Russian and Belarusian banks from their systems on instruction from the EU after Russia’s invasion of Ukraine. Alternative payment systems, including Airwallex, also blocked payments to and from Russian banks in accordance with EU sanctions. Sanctions are ...
April 29, 2024 – Oslo, Norway – Opera is proud to announce that the company’s completely reimagined desktop browser, Opera One, has won the iF DESIGN AWARD 2024, the world’s most prestigious design award. Featuring a reimagined architecture, design, and native AI, Opera One is a browse...
The move is a consequence of the recent tweak – requested and obtained by France and Poland – to the temporary suspension of all tariffs and quotas on Ukraine’s agricultural exports after Russia’s full-scale invasion of the country in 2022. Read More WOAH Report: Antimicrobial use rises...
Russia's playing hardball on natural gas. State-owned exporter Gazprom says it's stopping pipeline deliveries to Poland and Bulgaria.
TheMaastricht Treatytook effect in 1993, replacing the EC with the EU. The euro debuted as a common single currency for participating EU members on January 1, 1999.6Denmark and the U.K. negotiated "opt-out" provisions that permitted countries to retain their own currencies if they chose.7 S...
the value of gold will not be significant enough to support the country’s needs. As of February 2022, Russia's foreign exchange reserves totaled some $630 billion.6However, sanctions imposed by the European Union (EU), the U.S., and other nations in response to Russia's invasion of ...
Tariffs can also be used as an extension of foreign policy as their imposition on a trading partner's main exports may be used to exert economic leverage. For example, when Russia invaded Ukraine, much of the world protested by boycotting Russian goods or imposing sanctions. In April 2022, ...