Xi Jinping criticized what he called a U.S.-led campaign of “encirclement and suppression.” His new foreign minister said it was impossible for China not to fight back.
Category: Embargoes and Sanctions
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China’s Leader, With Rare Bluntness, Blames Troubles on U.S. Containment
The New York Times – Business: -
Biden Dispatches Yellen and Blinken to Bolster Support for Ukraine
The New York Times – Business:Treasury Secretary Janet Yellen traveled to Kyiv the day before Secretary of State Antony Blinken was to visit Central Asia in a show of American solidarity with Ukraine in its battle with Russia.
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E.U. Officials Ban TikTok From Employees’ Phones
The New York Times – Business:The European Commission takes aim at the popular Chinese-owned app, citing “cybersecurity threats.”
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China’s Economic Support for Russia Could Elicit More Sanctions
The New York Times – Business:U.S. officials pledged to crack down on shipments to Russia that can be used for both civilian and military purposes, but that has proved hard to police.
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Oil Prices Rise on Talk of Russian Output Cut
The New York Times – Business:Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.
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How Russia Is Surviving the Tightening Grip on Its Oil Revenue
The New York Times – Business:Europe’s and America’s gradual restrictions on Russian oil trade are raising stakes in a protracted economic standoff that is reshaping the global energy market.
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Russian Diesel Is Europe’s New Embargo Target
The New York Times – Business:The coming ban on Russian exports of refined oil products could strain energy markets and crimp Russia’s output.
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Russia Sidesteps Western Punishments, With Help From Friends
The New York Times – Business:A surge in trade by Russia’s neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.
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The US Imposes Sanctions on a Russian Oligarch and Other Officials
The New York Times – Business:The sanctions block financial transactions in dollars with Vladimir Potanin, the largest shareholder in Nornickel, the world’s biggest producer of palladium and refined nickel.
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Chechen Leader Has More Interactions With UFC Fighters Amid US Sanctions
The New York Times – Sports:The U.S. State Department says it knows of apparent ties between Ramzan Kadyrov, the Chechen strongman, and mixed martial arts fighters.
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Oil Prices Drop, Despite Heightened Sanctions on Russian Crude
The New York Times – Business:The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
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Qatar Extends Its Natural Gas Dominance at Russia’s Expense
The New York Times – Business:As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion of Ukraine.