Tag: sanctions

As was proved not so long ago, mostly economic sanctions have become a tool for governments all round the world to punish those, who are not willing to contribute to world peace.
Oil continues in surge after EU ban talks

Oil continues in surge after EU ban talks

Oil continues in price surge after EU ban talks on Russian oil, which are planned as part of sanctions toward this country.
Russian oil industry slows down

Russian oil industry slows down

The Russian oil industry is already showing signs of slowing down as Western buyers shun Russian oil. Moscow tries to compensate it in Asia.
The Russian economy is facing a massive downturn

The Russian economy is facing a massive downturn

Russia's economy could shrink by 10 percent this year, the biggest drop in gross domestic product since 1994.
The “financial nuclear weapon” – what is SWIFT and how can its sanctions affect Russia

The “financial nuclear weapon” – what is SWIFT and how can its sanctions affect Russia

The recent events connected to the invasion of Ukraine by Russia spurred aย debate about SWIFT ban for Russia as one of the sanctions.