Independent thinking for complex markets and current events
In the midst of a variety of rocky disagreements between the US and Israel, the US State Department on Tuesday formally sanctioned an ex-Israeli intelligence officer and current cyber spyware CEO and related entities. Although in 2021, the US Commerce Department issued a wide black list of Israeli cyber offense firms from doing business in …
The Baltic states and Poland, more than other EU countries, help Russia circumvent sanctions, because despite the rhetoric, it is so profitable. And Poland also blocked Ukraine pic.twitter.com/Rv8Qjs22xi — Sprinter Press (@SprinterPress) March 4, 2024
(Zero Hedge)—Remember when, in the immediate aftermath of the Ukraine war, Russian oil immediately traded down to a discount of as much as 30% below spot Brent as the entire western world suddenly found itself locked out of access to the most valuable Russian export (which also meant that China and India were the only …
A New York appellate judge on Wednesday refused to halt collection of Donald Trump’s $454 million civil fraud penalty while he appeals, rejecting the former president’s request that he be allowed to post a bond covering just a fraction of what he owes. Judge Anil Singh of the state’s mid-level appeals court ruled that Trump …
WASHINGTON (AP) — The Treasury Department plans to impose more than 500 new sanctions on Russia and its war machine on Friday as the U.S. vows to keep up its financial pressure on Moscow with the war entering its third grueling year. The sanctions represent the largest single tranche of penalties since Russia’s invasion of …
Three out of China’s Big Four state banks have halted payments from sanctioned Russian financial institutions, Russia’s Izvestia news outlet reported on Wednesday. The Industrial and Commercial Bank of China, China Construction Bank, and Bank of China have stopped the transactions since the start of 2024, Alexey Poroshin, the general director of investment and consulting …
A few days before the second anniversary of Russia’s invasion of Ukraine on February 24, the European Union (EU) countries hope to adopt a 13th set of sanctions against Moscow. Highly symbolic, it should mainly target around a hundred individuals linked to Vladimir Putin’s regime. These individuals would be banned from entering Europe and their …
Hungary opposes new EU sanctions against Russia We are talking about restrictions on cooperation in the energy and nuclear industries. “We believe that the sanctions policy has failed – Hungary opposed the new EU sanctions on cooperation with Russia in the field of energy and the nuclear industry,” said Hungarian Minister of Foreign Affairs and …
US President Joe Biden signed an executive order on Thursday declaring a national emergency that allows him to implement new measures to combat settler violence, including sanctions concurrently announced against four Israeli extremists who carried out acts of violence in the West Bank. The action is the furthest that any administration has taken to address …
China is making a big move as the New Year approaches…. China is sanctioning several large U.S. Companies due to the recently announced arms sales to Taiwan, and retaliation sanctions against Chinese companies doing business with Russia. China’s Foreign Ministry on Sunday sanctioned the companies BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat …
In a concerning development, China appears to be wielding economic sanctions against Israel, with repercussions felt in the import of crucial electronic components. Israeli officials have bluntly asserted a connection to the recent conflict, adding a layer of geopolitical tension to the economic strain. The impact is particularly felt in the technology sector, as Israel …
Officially : Russia ends the year 2023 as the country with the most sanctions imposed in human history, with 17,937 sanctions. At the same time, Russia’s GDP growth for this year reached 3.5%. pic.twitter.com/6wzJOcqagY — Sprinter Press (@SprinterPress) December 20, 2023 “To apply sanctions against another country is automatically to apply sanctions to oneself” EU …
via naturalnews: Financial institutions in Switzerland are charging Russian clients with frozen accounts additional fees in order to access their own funds. This is according to sources within the Swiss banking and legal sectors, who warned that Swiss bankers are extracting exorbitant commissions on blocked assets belonging to Russian citizens, sometimes years in advance — a move that has …
It’s getting to be as predictable as sunrise. Joe Biden drops sanctions on some rogue regime to get hold of its oil — and then another country gets war rained down on it, attacked and invaded. Anything but drill our own. It seems to be happening for a third time during this Biden administration, this …
by Chris Black But they told us we’re winning… Russia, the most sanctioned country in the world, will end 2023 with a profit of $75 billion according to Bloomberg. The US, the most indebted country in the world, will end 2023 with a loss of $2 trillion according to the New York Times. — Kim …
Belgian Deputy Prime Minister: It's time for sanctions against israel. The rain of bombs is inhumane. pic.twitter.com/mxMa2MpWKl — Sprinter Press (@SprinterPress) November 8, 2023 An average about 160 children are being killed every day in Gaza -UN — Gerald Celente (@geraldcelente) November 8, 2023 🚨🇵🇸 The Arab “leaders” are COMPLICIT in the GAZA GENOCIDE. pic.twitter.com/2ubqoR7awk …
After this hellish night in Gaza I have a very simple but very important message for European leaders. Do not make us complicit in genocide. Act. Not in our name. pic.twitter.com/6YxdxaLDW9 — Ione Belarra (@ionebelarra) October 28, 2023 EU may become complicit in ‘genocide’ – Spanish official The social rights minister called on European countries …
via Zerohedge: A panicking Joe Biden has realized that his best friends, now that oil prices are soaring again and the SPR remains largely drained, are tinpot banana-republic “dictators” (in the White House’s own words) like Venezuela’s Nicolas Maduro, and on Wednesday the White House suspended sanctions on Venezuelan oil, gas and gold production. But since it …
via reuters: Banking industry is assessing China exposures Review of risks sent to Western governments – UK Finance Bank boards discuss possible impact of any China curbs – bankers Lawyers receive surge in calls for mitigation advice West-China tensions have put banks on alert LONDON, Oct 13 (Reuters) – Big banks in Britain are preparing …
by Martin Armstrong The US and China are at odds again. China is now sanctioning Lockheed Martin and Northrop Grumman for providing Taiwan with weapons. Last month was the first time that the US government approved direct military assistance to Taiwan. Previously, the US fulfilled its obligation under the Taiwan Relations Act without providing direct …
by Chris Black You’d think the West would have stopped the sanctions when they realized they were actually helping Russia. But I guess they wanted to continue them to punish their own population…? “Sanctions harm Europe no less than Putin”: Britain admitted that the idea of defeating Russia with sanctions was crazy. “Sanctions hurt, but …
via Mike Shedlock: Trump and Biden both tried to cut off China’s supply of advanced microchips. So China is now producing its own. Please consider New Phone Sparks Worry China Has Found a Way Around U.S. Sanctions. As Commerce Secretary Gina Raimondo was visiting China earlier this week, a sea-green Chinese smartphone was quietly launched online. …
In 2013 the CIA was handing out TOW anti-tank missiles to ‘moderate rebel’ groups who were fighting the government in Syria. These groups were allegedly ‘vetted’ before they receive money and weapons. Unfortunately ‘vetting’ was something the CIA had never been good at. One of the groups that received such support was the Hamza Division: Hamza Division …
EU to slap military sanctions on Belarus – Politicohttps://t.co/G9uC48VxB2 pic.twitter.com/WewT2aH1IV — RT (@RT_com) July 19, 2023 EU countries informally agreed to a package of military sanctions targeting Belarus on Tuesday, three EU diplomats told POLITICO. The package will include restrictions on battlefield equipment, including aviation parts, two of the diplomats said. The exact items will …
Yet another example of why economic sanctions rarely work — Pietro Ventani (@PietroVentani) June 20, 2023
by Chris Black The power of the US dollar is the power of the US military. The reverse is also true. Both have fallen on some very hard times. RT: US sanctions are pushing many countries to seek alternatives to the dollar for settlements, Treasury Secretary Janet Yellen admitted during her annual appearance on Tuesday …