Category: Russia

How Correspondent Banking Can Enable Sanctions Evasion

The New York Times – Business:
The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U.S. sanctions.
Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel Scarce

The New York Times – Business:
As Ukraine increasingly takes the war to Russia, the effects may be most visible on the roads.
US Sanctions A7, a Russia Firm That Helps Sidestep Economic Restrictions

The New York Times – Business:
The move follows recent reports detailing how A7, a Russian financial firm, used shell companies around the world to move funds on behalf of restricted Russian businesses.
He Ran a Top Lady Gaga Fan Page. Then He Vanished.

The New York Times – Music:
Kirill Nguyen, the founder of Gaga Daily, said he had been imprisoned in Belarus for participating in pro-democracy protests. He resurfaced this week after an absence of more than two years.
Why a U.S. Diesel Export Ban May Not Lower Prices

The New York Times – Business:
President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects.
Trump’s Diesel Dilemma

The New York Times – Business:
Calls to ban U.S. exports of the fuel are dividing Republicans. The energy crisis is also dominating discussions at the United Nations.
Trump Says He Supports Banning Diesel Exports to Bring Down Prices

The New York Times – Business:
Diesel prices have been setting records because of the war in Iran, but the oil industry say banning U.S. exports would not make the fuel cheaper.
India Is Again Squeezed Between the Threat of Trump Tariffs and Russian Oil

The New York Times – Business:
India is trying to secure affordable energy while preserving a crucial relationship with Washington, a balancing act made harder by turmoil in global energy markets.
Kremlin Moves to Seize Control of Nestlé’s Russia Operations

The New York Times – Business:
The Swiss maker of KitKats and Nescafé said it was assessing the situation after the Kremlin issued a presidential decree.
The Hidden Human Cost of Kim Jong-un’s New Power

The New York Times – On the Runway:
The North Korean leader’s financial and diplomatic leverage rests on the brutal exploitation of his own people, from coal miners to diplomats, at home and abroad.
U.S. Imposes Sanctions on Russia’s VTB Bank Over Ties to Iran

The New York Times – Business:
The move, which targeted a bank that is already under U.S. sanctions, was part of the Trump administration’s Operation Economic Outcast initiative.
What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.

The New York Times – Business:
President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.