Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Saturday, 20 October 16:32 (GMT -05:00)

Business And Politics News

New Sanctions Against Russia Will Last Long

Russian political expert Leonid Shvets commented on the new round of anti-Russian sanctions. For starters, he claims that Russia has already turned into America’s biggest enemy. The thing is that the new law signed by Donald Trump not so long ago is designed to fight America’s enemies with the help of sanctions. North Korea and Iran are also on the same list.




For those of you who don’t know, it all started in 2014 when Russia annexed the Crimea. Instantly after that, it was excluded from the so-called G8. Later on, the Western world imposed sanctions on Russia. Yet, this is not the end. The recent document approved by the U.S. Congress and signed by President Trump is aimed at America’s enemies, but mostly at Russia. The thing is, 98 out of 184 pages of the document are dedicated to Russia. For the sake of comparison, the sanctions against Iran occupy 25 pages.
The document contains punishment for all the sins of Russia, from chasing lawyer Sergey Magnitsky to starting a war in Ukraine and interfering in the internal affairs of the U.S. and some European states. It all starts with imposing sanctions on Russian state-owned companies from the sector of natural gas production and some other sectors.
On top of that, the new round of sanctions is designed to toughen the sanctions imposed on Russian during the previous round. Yet, there is another important aspect to mention. From now on, the expert working for the U.S. Department of the Treasury, the CIA, and the U.S. Department of State will be making annual reports on Russia’s political elite, including the relatives of Russian high-ranking politicians, the sources of their well-being, as well as foreigners cooperating with them. This is designed to find their weak spots, not to mention the fact that for Western businesses, contacting their Russian peers has now become toxic.


At the same time, those sanctions are going to last really long since now it’s not just a decision for the U.S. President. Now it’s a law, and both chambers of the U.S. Congress now have to approve any changes in this law, especially if someone wants to cancel it.  Some experts recollect the amendment introduced in 1974 to limit the financial and trade relation between the USA and the USSR. This amendment was canceled only in 2012. This means that this is going to be a long story, especially as Putin is not going to back down.


You are free to discuss this article here:   forum for traders and investors


Add to blog
Got a question? – Ask it here »

Crude Oil Prices May Reach $100/b

Ever since the United States imposed new sanctions on Iran, other oil exporters have been trying to make up for the decline in the international oil supply. Some experts are now predicting a strong trend all the way up to $100 per barrel. 

Publication date: 25 September 11:51 AM

New Anti-Russian Sanctions Will Slow Russian Economy Down, Kudrin Says

The new package of anti-Russian sanctions is expected ot be imposed by the United States in November. Apparently, this is not expected to become a disaster ofr the Russian economy, but it still may slow down the economic growth in Russia as well as the the flow of foreign investments to the country. This is what ex-Finance Minister of Russia Alexey Kudrin thinks on the matter.

Publication date: 19 September 12:10 PM

Cryptomarket Quickly Recovered From the SEC's Decision

The global market of cryptocurrencies quickly recovered from the downtrend after the SEC decided to ban the creation of Bitcoin ETFs.

Publication date: 24 August 10:00 AM

Ulysse Nardin Watch in Elite Lombard: Quality Dictated by Time

Elite Lombard has been operating in Moscow since 2003. It was founded by a team of experts with many years of expertise in the industry.

Publication date: 21 August 07:47 AM

Trump is Isolating the USA from the Rest of the World

Fareed Zakaria has commented on the content of today's external policy of the United States. He claims that President Trump's ambiguous decisions have been pushing the United States away form the rest of the world.

Publication date: 13 August 11:38 AM

Business Circles Stand Still Waiting for Fed's Decision

On July 31st - August 1st, Washington is to host another FOMC meeting. For those of you who don't know FOMC is a Fed committee. The entire business and investment world is now looking forward to the result of this FOMC meeting. The key question is whether the Fed is going to keep on toughening its money-and-credit policy. The answer will be revealed later on Wednesday.

Publication date: 31 July 12:05 PM

Fitch Downgrades Economic Forecast for Russian Economy

An international rating agency named Fitch has downgraded the economic forecast for the Russian Federation. In particular, the experts working for the international agency assume that the Russian economy will grow by 1,8% this year. The previous forecast used to be 2% in 2018. The economic forecast for the next year has dropped from 2% down to 1,9%. In 2020, the Russian economy is believed to gain only 1,5%. The long term forecast is also bearish – 1,2% a year on average.

Publication date: 28 June 12:51 PM

When it comes to trade, EU is worse than China, Trump says

Not so long ago, President Trump said that the European Union is worse than China, when it comes to trade relations. This is reported by Axios with reference t anonymous sources. They say this comparison was made during President Trump’s conversation with French President Emmanuel Marcon back in April 2018. Back then, the 2 leaders were discussing the Chinese issue. Macron urged Trump to unite forces with Europe to resist China since China is a trade problem for everyone. 
Publication date: 27 June 11:07 AM

Trump Turned G7 Into G6+1

The British media are criticizing Donald Trump's stance and behavior during the recent G7 summit in Quebec, Canada. 

Publication date: 13 June 12:02 PM

G7 Is Ready to Impose New Sanctions on Russia

In the final communique of the recent G7 summit in Quebec, Canada, there is warning for Russia. In particular the G7 warns Moscow that they are ready to impose even more sanctions on Russia in case of further aggression. 

Publication date: 12 June 11:44 AM