Heroes of Ukraine

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

Thursday, 29 October 05:20 (GMT -05:00)

Business And Politics News

What’s New in New Anti-Russia Sanctions?

Today, the Russian political establishment and media are glad that the Senate of the U.S. Congress has recently postponed their voting on new sanctions against Russia. However, this is just the so-called “calm before the storm”, Western experts say.




The new sanction mechanism developed by the Senate is fundamentally different from the sanctions imposed on Russia previously, under Obama’s administration. The experts say that unlike Obama’s isolated decrees, the Senate has come up with a whole new mechanism taking into consideration the whole seriousness of Russia’s crimes in the global geopolitical arena. This mechanism will prevent the U.S. authorities from being able to cancel those sanctions gradually. So, the only way out will boil down to Russia leaving Donbass, the Crimea and Syria. So, this will be the only opportunity for Russia to see the Western world cancel those sanctions.
Another key difference of the mechanism that from now on the U.S. President won’t be able to decide on the fate of those sanctions. Instead, only the Senate will be allowed to impose new sanctions or cancel old ones. At the same time, the new portion of sanctions waiting to be approved is likely to touch more industries. Apart from defense and oil industries, the list is likely to be expanded to include gas, metal, transportation, mining and energy industries. On top of that, they may cut the period of external financing for Russian banks from 30 days all the way down to 14 days. Those limitations can be imposed on Russia’s federal and Euro bonds. At the same time, the U.S. Department of Justice is expected to get the right to impose sanctions on Russian individuals and legal entities if they are suspected of assisting terrorists.
The experts also divide the sanctions into official and unofficial. While official sanctions are often criticized for being relatively mild and inefficient, those unofficial sanctions a way more serious. For example, the Western world is said to have been working hard to cut down on oil prices to undermine the Russian economy. At the same time, they are said to have been taking over Russia’s traditional outlets like China. For example, they say that China has lost interest in Russia’s natural gas and is now switching to America’s liquefied natural gas.
Also, there is another type of sanctions. To be more specific, international investors now have to take into account the possibility of new sanctions against Russia and run their Russia-related business projects based on those risks. In 2013-2014, the amount of foreign investments in Russia dropped by 70%. This happened after the sanctions were imposed. So, it turns out that the USA’s sanction policy is a hybrid war in the global financial sector. As soon as Russia got used to low oil and gas prices, the USA started looking for new weak spots. That’s why America has been trying to oust Russia from Chinese markets. They say that American politicians are now thinking about isolating Russia from the SWIFT system of international payments. When trying to resist, Russia will have to consume the central bank’s financial reserves and devalue the national currency, gradually pushing the Russian economy to permanent stagnation. The predict that Russia will only be able to resist for the next 2-3 years.


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


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

SEC Announces $10M Bounty For Whistle Blowers

Publication date: 17 September 12:38 PM

Raygan's Former Advisor Accuses the Fed of a Big Fraud

The former budget advisor under Ronal Raygan's administration, of the founders of the so-called Rayganomics, David Stockman, is a big adversary of the Federal Reserve's policies. He thinks that artificial interest rate cuts coupled with uncontrolled QE (money printing) creates madness in financial markets, thus separating asset evaluation from their intrinsic value of those assets.

Publication date: 23 August 07:32 AM

U.S. Labor Market Disappoints, Economy Slows Down

The employment rate in the United States increased by 167.000 people in July 2020. It's important to mention the fact that the data came in much worse than expected. According to Reuters, this increase was expected to reach 1.5 million people. At the same time, July's figures were much worse than those revealed in June 2020.

Publication date: 06 August 10:06 AM

iPhone as a Payment Terminal: Apple Bought a Startup For That

Apple has recently acquired Mobeewave, a startup specializing in online payments. The price of the deal is 100 million dollars. According to Bloomberg, the company's technology may allow Apple to turn iPhones into mobile payment terminals accepting mobile payments. To be more specific, Mobeewave developed a technology making it possible to make financial transactions between mobile devices through the built-in NFC module.
Publication date: 05 August 09:27 AM

China Makes Blockchain Professions Official

There are 1838 officially recognized professions in China. Now, there list is up by 2 professions - blockchain engineer and blockchain app operator. The Chinese Ministry of Human Resources and Social Security (MOHRSS) has recently confirmed that by updating the list of official professions.
Publication date: 20 July 11:42 AM

South Korea Invests Billions In Blockchain Technologies

By 2025, South Korea is planning to invest over 48 billion dollars in  blockchain. The goal is to digitize all of the industrial sectors of the national economy in this post-pandemic era. According to ZDNet Korea, the president highly rated some of the benefits this process may bring to South Korea.

Publication date: 18 July 09:40 AM

Black Lives Matter - Investors Keep Ignoring Major Riot In US In 50 Years. Why?

Everyone has probably heard of the #BlackLivesMatter riots, which have been going on in the United States for a while. However, international financial markets seem to have been underestimating this event, which happens to be the biggest riots in the USA in 50 years! Why is that?

Publication date: 18 June 07:56 AM

Donald Trump Influences Bitcoin Exchange Rate

Publication date: 05 June 04:42 AM

Only 4 Of All Existing Billionaires Made Their Fortunes With Cryptocurrencies

Forbes has recently published the list of 2095 billionaires from different parts of the world. It turns out that 4 of them owe it to cryptocurrencies. Who they are, the cryptocurrency billionaires?
Publication date: 13 April 11:54 AM

Life After Brexit: EU-UK Talks Are Underway

Publication date: 07 March 09:03 AM