Following Russia’s invasion of Ukraine, the United States imposed an unprecedented package of sanctions intended to make Russia pay a high economic cost for its aggression and to constrain the Russian military. U.S. President Joe Biden declared that Russia would “bear the consequences” for the invasion and emphasized that sanctions were designed to reverse Russia’s military modernization,...
Russian defense exports agency Rosoboronexport has said it wants to establish drone production facilities in the Middle Eastern region, including the UAE, as Moscow attempts to grab market share in a region it deems receptive to the idea. State-owned Russian media agency TASS cited the export agency as saying it would make overtures to regional...
Much like Transnistria, Abkhazia, South Ossetia, and Nagorno-Karabakh, the war in Ukraine is now another “frozen conflict” derived from the fall of the Soviet Union. What the Kremlin calls its “near abroad,” is now an escalating proxy war between two nuclear superpowers. Dangerous stuff we have here. As global diplomats look for a path forward...
The United Arab Emirates is considering introducing export licenses for a list of items including chips and other components that are sanctioned by the US and European Union and used by Russia’s military in Ukraine, according to people familiar with the matter. Read more: bloomberg.com Photo: bloomberg.com
The Dangerous Loophole in Western Sanctions on Russia. Putin’s weaponry runs on advanced electronic components obtained from a hidden international market. Through a rare, hydra-headed blend of government sanctions and the historic stampede of 1,100 multinational firms out of the country, the economic blockade of Russia has proved highly effective. Russian President Vladimir Putin’s war campaign struggles onward,...