eusanctions
As Chinese President Xi Jinping toured Europe this week to discuss Ukraine and trade, China remains Russia's leading source of sanctioned dual-use goods, fueling the ongoing war. "Around 90% of the goods deemed high priority products by the Western countries... (was) supplied by China" as Chinese-made products or re-exported goods in 2023, a sharp rise from 30% in 2021, Nathaniel Sher, a senior research analyst at Carnegie China, told the Kyiv Independent. China-based companies pour a range of items – from drones to microchips and machine parts – into Russia, including products made in China a...
Kyiv Independent (UK)
As Chinese President Xi Jinping toured Europe this week to discuss Ukraine and trade, China remains Russia's leading source of sanctioned dual-use goods, fueling the ongoing war. "Around 90% of the goods deemed high priority products by the Western countries... (was) supplied by China" as Chinese-made products or re-exported goods in 2023, a sharp rise from 30% in 2021, Nathaniel Sher, a senior research analyst at Carnegie China, told the Kyiv Independent. China-based companies pour a range of items – from drones to microchips and machine parts – into Russia, including products made in China a...
Kyiv Independent (CA)
As Chinese President Xi Jinping toured Europe this week to discuss Ukraine and trade, China remains Russia's leading source of sanctioned dual-use goods, fueling the ongoing war. "Around 90% of the goods deemed high priority products by the Western countries... (was) supplied by China" as Chinese-made products or re-exported goods in 2023, a sharp rise from 30% in 2021, Nathaniel Sher, a senior research analyst at Carnegie China, told the Kyiv Independent. China-based companies pour a range of items – from drones to microchips and machine parts – into Russia, including products made in China a...
Kyiv Independent
The EU is planning to ban political parties and think tanks from accepting Russian funding as part of its latest round of sanctions against Moscow, Bloomberg reported on May 6. The European bloc has already adopted 13 sanction packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. EU leaders are expected to introduce a 14th round of sanctions%20to%20Europe.) in the coming months. According to Bloomberg, the ban on Russian funding could impact far-right parties in Europe, such as Germany's AfD and France'...
Kyiv Independent
The EU is planning to ban political parties and think tanks from accepting Russian funding as part of its latest round of sanctions against Moscow, Bloomberg reported on May 6. The European bloc has already adopted 13 sanction packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. EU leaders are expected to introduce a 14th round of sanctions%20to%20Europe.) in the coming months. According to Bloomberg, the ban on Russian funding could impact far-right parties in Europe, such as Germany's AfD and France'...
Kyiv Independent (CA)
The EU is planning to ban political parties and think tanks from accepting Russian funding as part of its latest round of sanctions against Moscow, Bloomberg reported on May 6. The European bloc has already adopted 13 sanction packages in response to Russia's full-scale invasion of Ukraine, aiming to undermine Moscow's economic output and the ability to sustain the war. EU leaders are expected to introduce a 14th round of sanctions%20to%20Europe.) in the coming months. According to Bloomberg, the ban on Russian funding could impact far-right parties in Europe, such as Germany's AfD and France'...
Kyiv Independent (UK)
The largest Western banks that continue to operate in Russia have paid 800 million euros ($857 million) in taxes to its budget in 2023, which is four times more than before Moscow's full-scale invasion of Ukraine, the Financial Times (FT) reported on April 29, citing its analysis. In the immediate aftermath of Russia's full-scale invasion of Ukraine in 2022, Russia's banks – increasingly isolated from the global economy and laden with heavy Western sanctions – saw profits fall by 90% compared to 2021. Despite this, the Russian banking industry is once again thriving. Russia's state-owned Sberb...
Kyiv Independent (CA)
The largest Western banks that continue to operate in Russia have paid 800 million euros ($857 million) in taxes to its budget in 2023, which is four times more than before Moscow's full-scale invasion of Ukraine, the Financial Times (FT) reported on April 29, citing its analysis. In the immediate aftermath of Russia's full-scale invasion of Ukraine in 2022, Russia's banks – increasingly isolated from the global economy and laden with heavy Western sanctions – saw profits fall by 90% compared to 2021. Despite this, the Russian banking industry is once again thriving. Russia's state-owned Sberb...
Kyiv Independent
The largest Western banks that continue to operate in Russia have paid 800 million euros ($857 million) in taxes to its budget in 2023, which is four times more than before Moscow's full-scale invasion of Ukraine, the Financial Times (FT) reported on April 29, citing its analysis. In the immediate aftermath of Russia's full-scale invasion of Ukraine in 2022, Russia's banks – increasingly isolated from the global economy and laden with heavy Western sanctions – saw profits fall by 90% compared to 2021. Despite this, the Russian banking industry is once again thriving. Russia's state-owned Sberb...
Kyiv Independent (UK)
Raiffeisen Bank in Austria announced its decision on April 16 to replace job advertisements that featured "misleading language," suggesting an expansion of the bank's operations in Russia. The move followed the Financial Times' report, which found dozens of postings for Russia-based jobs, touting the bank's growth plans in the country. One of the job postings, issued by the bank’s unit for medium-sized businesses in Russia, said its "key goals are a multiple expansion of the active client base and stable double-digit income growth." In a statement provided to AFP, Raiffeisen Bank International...
Kyiv Independent (UK)
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