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Why Haven’t Sanctions on Russia Stopped the War? The Money Is Still Flowing.
Sanctions were imposed on Russia’s VTB Bank in February 2022, and it was kicked off the interbank payment system called SWIFT. SWIFT is the global messaging network that enables banks worldwide to communicate and process international money transfers, and without access, VTB should have been isolated from global finance.
Economy minister Maxim Reshetnikov has also admitted that Russia is "on the brink" of recession, while domestic banks have ...
"We also think there's a significant probability of Russia's economy slipping into a technical recession in the coming ...
The late Sen. John McCain once called Russia “a gas station with nukes.” Now, because of Ukrainian attacks, it must ration ...
Niger has historically exported the metal for further refining in France, but that is changing as the military-led country ...
Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy ...
National Security Journal on MSN13h
The Russian Economy Faces a ‘Perfect Storm’
Russia’s economy is facing a looming crisis as the war in Ukraine nears its fourth year. Crippling inflation, a severe labor ...
Russians are likely to face higher taxes as the burden on the budget grows and the Central Bank of Russia says that "the ...
As Brussels waits to see whether the White House will ramp up secondary sanctions, Ukraine is destroying key energy ...
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