USA and the United Kingdom They imposed sanctions this Thursday against “the drone program, the steel industry and automakers of Iran” following the attack on Israel, the Department of Defense announced on Thursday Treasure United States. Washington’s sanctions aim to “16 individuals and two entities enabling the production of Iranian drones,” like the Shahed, who […]
Tag: sanctions
Venezuela will receive 27% more income from PDVSA after sanctions relief
The government of Venezuela contemplates a 27% increase in oil revenues that will finance the 2024 budget, according to a document seen by Reuters, amid a stagnation of the crude oil productiona review of US sanctions and in an election year. The president’s administration Nicolas Maduro estimates that next year’s spending will be equivalent to […]
Creating trust, Venezuela’s challenge after the temporary suspension of sanctions
Whether or not the temporary suspension of US sanctions will have an impact on the Venezuelan economy will depend on the president Nicolas Madurowho must create confidence in those who have interests in doing or resuming business in their country, with signals that correspond to the conditions established by Washington to maintain relief, experts warn. […]
US Senate leader accuses Chinese companies of “fueling” fentanyl crisis
The Democratic majority leader of the United States SenateChuck Schumer, accused on Saturday from Shanghai chinese companies of “fuel the crisis fentanyl”, which has caused the death of thousands of people in their country due to overdose. A delegation of US senatorsheaded by Schumer, arrived this Saturday at China at a time when both powers […]
Venezuela seeks to evade US sanctions by joining the BRICS
The government of Venezuela has made clear his interest in joining the BRICS (Brazil, Russia, India, China and South Africa), a desire that, for experts, arises from the need to strengthen their international recognition and their ability to evade sanctions. USA and other countries to the Caribbean nation. Venezuela is one of the 23 countries […]
Companies can deposit the bonus until this Friday, July 14
The payment of the gratuity for National Holidays is close. Well, employers have until July 15 to make this deposit to their workers. However, since this date falls on a Saturday, the maximum term to deposit this labor benefit would be reduced to Friday the 14th, warned the economist Omar Azanedo. “Payroll payments are carried […]
Russia has blocked half of its gold and currency reserves due to sanctions
Updated on 03/13/2022 10:44 am finance minister RussianAnton Siluanov said on Sunday that the West has blocked some $300 billion of the world’s gold and foreign exchange reserves. Central Bank of Russia due to sanctions for the invasion of Ukrainealmost half of Russia’s reserves. “This is about half of these reserves that we had. We […]
EU prepares extraordinary measures against gas retaliation
The European Union is bracing for potentially serious economic consequences if Russia cuts off natural gas supplies in retaliation for sanctions. The 27-nation EU is braced for several possibilities involving disrupted gas deliveries from its biggest supplier following Russia’s invasion of Ukraine, the bloc’s energy commissioner Kadri Simson told Bloomberg News on Thursday. One scenario […]
Sberbank announces its exit from the European market due to the impact of sanctions
Sberbankthe main Russian bank, announced, on Wednesday, March 2, its withdrawal from the European market after the sanctions caused by the invasion of Ukraine by President Vladimir Putin caused a run on their local warehouses. The firm assured that it is not in a position to provide liquidity to its European subsidiaries due to a […]
Oil price rises more than 10% due to war in Ukraine
The price of a barrel of US oil WTI raised its price this Tuesday, March 1, by more than 10% and that of the barrel of Brentboth indices reached record levels since 2014, with a value of 106.29 dollars per barrel of WTI and $107.44 from Brent’s. The reference WTI oil for America had closed […]