China is considering a possible alternative to SWIFT after members of the cooperative removed Russian banks from the group as a part of the Western sanctions imposed on Russia because it invaded Ukraine. Mike Sun, a North America-based private investment adviser and China expert, told The Epoch Times that the Chinese Communist Party (CCP) may…
China Considering Alternative to SWIFT After the West Sanctioned Russia
Liberals Name Putin’s Two Adult Daughters in New Round of Sanctions
The federal government has hit 14 more Russians with sanctions for their close ties with President Vladimir Putin, including his two adult daughters. Maria Vorontsova, 36, and her 35-year-old sister Katerina Tikhonova are named on the list released today. The federal government says the two, as well as a dozen other Russians, are facing sanctions…
Judge Strikes Down CDC’s Transportation Mask Mandate; Putin Says Western Sanctions Have Failed | NTD Evening News
A federal judge on April 18 struck down the transportation mask mandate implemented by the Centers for Disease Control and Prevention. Russian President Vladimir Putin says the West’s strategy to sanction Russia in response to its war against Ukraine has failed. …
New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper
April 18, 2022
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bankBusiness & Economyeconomic policieseconomyEUEuropeMarketsOilRussiaRussia-Ukraine WarsanctionsSberbankUrsula von der LeyenWorld
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The European Union’s forthcoming sanctions on Russia will target banks, in particular, Sberbank, as well as oil, the head of the European Commission Ursula von der Leyen, told a German newspaper. Bild am Sonntag, in an interview published on Sunday, asked her to name the key points of a planned sixth round of sanctions. “We…
Boris Johnson, UK Ministers Banned From Entering Russia
Kremlin on Saturday said it had banned from entering Russia British Prime Minister Boris Johnson, former Prime Minister Theresa May, and 11 other senior British Cabinet members and politicians. Others on the list are the UK’s Deputy Prime Minister and Minister of Justice Dominic Raab, Foreign Secretary Liz Truss, Home Secretary Priti Patel, Defence Secretary Ben Wallace,…
China Sells Western Currency and Oil Assets to Avoid Sanctions
News Analysis China is shifting its global asset portfolio in response to sanctions on Russia and is in the process of stabbing the West in the back. Having seen the avalanche of economic pain imposed by the West on Russia—from the confiscation of oligarch yachts to the freezing of most of Moscow’s $630 billion in…
Russia Pledges 19.5 Billion Rubles in State Support for Airlines
April 14, 2022
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Russia has pledged 19.5 billion rubles ($238 million) in state support for airlines to refund passengers flying on routes that have been canceled due to sanctions, Russian Prime Minister Mikhail Mishustin said on Thursday. “The subsidies will be used to refund passengers the cost of tickets on routes that have been canceled due to external…
Russia Imposes Retaliatory Sanctions Against Nearly 400 Members of US Congress
Russia announced on Wednesday that it had imposed sanctions on nearly 400 members of U.S. Congress in retaliation to a similar move by Washington against more than 300 Russian lawmakers last month. The Russian Foreign Ministry said in an April 13 statement the “mirror sanctions” against 398 members include “the leadership and committee chairmen of the lower…
World May Turn Away From China Economically If Beijing Doesn’t Take Firm Against Russia Amid War: Yellen
April 13, 2022
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CCPChinaChina Business & EconomyChinese RegimeeconomyEurope-China RelationsFinance & Business TiesGlobal ExpansionInternational RelationssanctionsSpecial TopicsThreat from Communist ChinaUkraineUS-China relations
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The Chinese Communist Party (CCP) should not expect future claims to sovereignty to carry any weight with the international community if it continues to undermine the sovereignty of Ukraine, according to U.S. Secretary of the Treasury Janet Yellen. “Whatever China’s geopolitical aims and strategies, we see no benign interpretation of Russia’s invasion nor of its…
World May Turn From China Economically If Beijing Doesn’t Take Firm Stand Against Russia Amid War: Yellen
April 13, 2022
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CCPChinaChina Business & EconomyChinese RegimeeconomyEurope-China RelationsFinance & Business TiesGlobal ExpansionInternational RelationssanctionsSpecial TopicsThreat from Communist ChinaUkraineUS-China relations
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The Chinese Communist Party (CCP) shouldn’t expect future claims to sovereignty to carry any weight with the international community if the Beijing regime continues to undermine the sovereignty of Ukraine, according to U.S. Treasury Secretary Janet Yellen. “Whatever China’s geopolitical aims and strategies, we see no benign interpretation of Russia’s invasion nor of its consequences…
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