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Showing posts with the label SANCTIONS

India's economy benefits from Russia: What does Moscow gain?

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During his recent visit to Moscow, Indian Prime Minister Narendra Modi emphasized the importance of peace in global affairs during talks with Russian President Vladimir Putin. However, Modi notably refrained from outright condemning Russia's actions in Ukraine, opting instead to focus on the benefits India has reaped from its strategic partnership with Moscow. One of the key areas of cooperation between India and Russia highlighted by Modi is the economic sphere. Despite facing criticism from Western countries for their continued imports of Russian oil amidst international sanctions on Moscow, India has seen tangible benefits from its trade ...... Read Full article on HadNews

How Russia has managed to shake off the impact of sanctions – with a little help from its friends

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Almost two years after the West responded to the Russian invasion in Ukraine with a blistering array of sanctions, a fresh round of financial measures was announced by the Biden administration on Feb. 23, 2024. The new sanctions, imposed following the death of Russian opposition leader Alexei Navalny, raised the number of individuals and entities now targeted by the U.S. to more than 2,000. These measures have run the gamut, from targeted sanctions against President Vladimir Putin and other members of Moscow’s elites to broader restrictions on trade and investment. Yet there are few signs the sanctions have had a meaningful impact on ...... Read Full article on HadNews