The US could target more banks linked to Russia with sanctions and is set to tighten enforcement of existing restrictions, Reuters has reported, citing a senior US official. Sanctions imposed by Washington and its allies “immobilized about 80% of the assets in the Russian banking sector,” according to the head of the US State…
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The volume of commerce has been decreasing dramatically, according to a deputy PM Trade turnover between Russia and the EU fell by a third in April-December 2022 amid Western sanctions on Moscow, First Deputy Prime Minister Andrey Belousov has revealed.
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Beijing has warned of countermeasures against Washington amid competing claims of espionage The Chinese Foreign Ministry warned of countermeasures to punish US entities on Wednesday after Washington “overreacted” to an alleged Chinese spy balloon in American airspace by shooting down the unmanned airship and imposing sanctions.
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