Some Russian banks appear to have maneuvered around a ban on shipping dollars and euros to the country by trading gold in the United Arab Emirates and Turkey, according to research from a financial-intelligence company. The sanctions on export of banknotes were introduced after the Kremlin’s invasion of Ukraine. The report compiled by Sayari found...
Monday, September 25, 2017
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EU Chief Presses UAE President on Russia Sanctions Evasion
EU Chief Presses UAE President on Russia Sanctions Evasion. The European Union’s top official met the leader of the United Arab Emirates on Thursday for talks on topics including the export of sanctioned goods from the Gulf state to Russia, according to people familiar with the matter. Ursula von der Leyen described her discussions with UAE...