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China, Türkiye, UAE banking scrutiny hampers Russia's oil payments: Russian oil companies are encountering significant delays in receiving payments for their ...
dailysabah.com/business/economy/china-turkiye-uae-banking-scrutiny-hampers-russias-oil-payments
Russia faces challenges exporting oil as banks in China, UAE and Türkiye boost sanctions compliance requirements – Reuters
pravda.com.ua/eng/news/2024/03/27/7448333/
US secondary sanctions work: Russia struggles to collect oil payments: Russian oil firms face delays of up to several months to be paid for crude and fuel as ...
euractiv.com/section/europe-s-east/news/us-secondary-sanctions-work-russia-struggles-to-collect-oil-payments/
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China, Türkiye, UAE banking scrutiny hampers Russia's oil payments: Russian oil companies are encountering significant delays in receiving payments for their ...
dailysabah.com/business/economy/china-turkiye-uae-banking-scrutiny-hampers-russias-oil-payments
Russia faces challenges exporting oil as banks in China, UAE and Türkiye boost sanctions compliance requirements – Reuters
pravda.com.ua/eng/news/2024/03/27/7448333/
US secondary sanctions work: Russia struggles to collect oil payments: Russian oil firms face delays of up to several months to be paid for crude and fuel as ...
euractiv.com/section/europe-s-east/news/us-secondary-sanctions-work-russia-struggles-to-collect-oil-payments/
Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
Blinken to warn China over weapons-related exports to Russia: Washington considers sanctions on Chinese financial institutions, according to people familiar with ...
ft.com/content/0911e97e-03c8-4870-a72e-9b55f1f2405e
Quick Glance: Blinken to issue warning to China over weapons-related exports to Russia
- Antony Blinken will warn China of US sanctions if it does not cease exporting weapons-related technology to Russia.
- The US has recently intensified its warnings to China, emphasizing that China is undermining European security by supplying Russia with dual-use technologies.
- Blinken will visit China from April 24 to 26 and address the issue in meetings with Chinese Foreign Minister Wang Yi.
- The US hopes the threat of sanctions will prompt China to change its policy, while also pushing European countries to take action.
How Chinese firms are using Mexico as a backdoor to the US: Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.
bbc.com/news/business-68825118
US State Secretary to threaten China with sanctions for exporting military technology to Russia – FT
pravda.com.ua/eng/news/2024/04/21/7452270/
Blinken lands in China for tense talks as US sanctions loom: Secretary of State Antony Blinken said the world’s largest economies must “lay out our differences” ...
dailymaverick.co.za/article/2024-04-25-blinken-lands-in-china-for-tense-talks-as-us-sanctions-loom/
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
Huawei backs development of HBM memory in China — new consortium aims to sidestep US sanctions
tomshardware.com/pc-components/dram/huawei-backs-development-of-hbm-memory-in-china-new-consortium-aims-to-sidestep-us-sanctions
Exclusive: Half of Russia's payments to China made through middlemen, sources say
reuters.com/business/finance/half-russias-payments-china-made-through-middlemen-sources-say-2024-04-26/
North Koreans may have helped create Western cartoons, report says: North Korean animators may have helped create popular television cartoons for big Western ...
ctvnews.ca/entertainment/north-koreans-may-have-helped-create-western-cartoons-report-says-1.6856879
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reut.rs/4b3UYL2
Commerce Secretary Raimondo points to Huawei's chip as evidence of effective US sanctions
techspot.com/news/102692-commerce-secretary-raimondo-points-huawei-chip-evidence-effective.html
Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade sanctions
scmp.com/tech/big-tech/article/3260387/chinese-ev-maker-xpeng-says-partnership-nvidia-unaffected-us-trade-sanctions
European Parliament slams Hong Kong’s jailing of EU national on security charges, calls for freeing of Jimmy Lai
scmp.com/news/china/diplomacy/article/3260398/european-parliament-criticises-hong-kongs-jailing-eu-national-security-charges
USA wants to weaken China and Russia - but that can backfire: China is currently trading a lot with Russia, which the USA wants to stop - and threatens with new ...
businessinsider.de/wirtschaft/usa-will-china-und-russland-schwaechen-doch-das-kann-nach-hinten-losgehen/
Blinken to personally warn China of potential sanctions over military aid to Russia - Euromaidan Press
euromaidanpress.com/2024/04/21/blinken-to-personally-warn-china-of-potential-sanctions-over-military-aid-to-russia/
US drafts sanctions aimed at Chinese banks over Russia aid: Report: The United States is preparing sanctions aimed at disconnecting certain Chinese banks from ...
dailysabah.com/business/finance/us-drafts-sanctions-aimed-at-chinese-banks-over-russia-aid-report
Chinese may be evading Nvidia GPU sanctions with Dell, Gigabyte, and Supermicro servers: Report
tomshardware.com/pc-components/gpus/chinese-may-be-evading-nvidia-gpu-sanctions-with-dell-gigabyte-and-supermicro-servers-report
China taking preventative measures to head off US secondary-sanction threat: Russia’s economy is feeling squeezed.
eurasianet.org/china-taking-preventative-measures-to-head-off-us-secondary-sanction-threat
Blinken visits Beijing: now the US wants to sanction Chinese banks: The threat from Washington is already affecting payment transactions between Russia and China ...
berliner-zeitung.de/wirtschaft-verantwortung/blinken-besucht-peking-jetzt-wollen-die-usa-chinesische-banken-sanktionieren-li.2208744
The West Is Hastening Its Own Decline | by Brahma Chellaney - Project Syndicate: Brahma Chellaney argues that the unprecedented US and European sanctions against ...
project-syndicate.org/commentary/us-and-eu-sanctions-against-russia-will-undermine-western-global-preeminence-by-brahma-chellaney-2024-04
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Iranian oil exports rise to six-year high now the West is planning sanctions: In the first quarter, Iran exported an average of 1.56 million barrels per day ...
diepresse.com/18379430/iranische-oelexporte-steigen-auf-sechs-jahres-hoch-jetzt-plant-der-westen-sanktionen
Banned Nvidia GPUs sneak into sanction-busting Chinese servers: Graphics giant and partners say they're clean - it's all technically legit
theregister.com/2024/04/23/china_banned_nvidia_gpus/
US imposes sanctions on 4 firms supplying missile parts to Pakistan : The US has imposed sanctions against three Chinese companies and a Belarus-based firm for ...
wionews.com/videos/us-imposes-sanctions-on-4-firms-supplying-missile-parts-to-pakistan-713900
China Acquired Banned Nvidia Hardware When Buying Servers: Reuters: Servers from Dell, Supermicro, and Gigabyte servers were purchased with Nvidia hardware ...
extremetech.com/computing/china-acquired-banned-nvidia-hardware-when-buying-servers-reuters
Russia's Nornickel moves closer to biggest buyer with plan for copper plant in China
reuters.com/markets/commodities/russias-nornickel-move-copper-plant-china-ceo-tells-interfax-2024-04-22/
North Korean server error exposes illegal cartoon work: North Korea continues to earn foreign currency from cartoons. The middlemen are in China ...
heise.de/news/Nordkorea-Trickfilmstudio-umgeht-Sanktionen-9694339.html
US may sanction Chinese banks aiding Russia war effort: Report: The US is drafting sanctions that threaten to cut some Chinese banks off from the global ...
english.alarabiya.net/News/world/2024/04/23/us-may-sanction-chinese-banks-aiding-russia-war-effort-report
Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
economist.com/finance-and-economics/2024/04/10/would-america-dare-to-bring-down-a-chinese-bank
US imposes sanctions on Chinese, Belarusian firms for aiding Pakistan's missile project
wionews.com/world/us-imposes-sanctions-on-chinese-belarusian-firms-for-aiding-pakistans-missile-project-713359
Huawei Debuts New Pura 70 Phones in Fresh Revival Attempt: Huawei's phone business has shown signs of recovery, but it's not yet back to where it was before US ...
cnet.com/tech/mobile/huawei-debuts-new-pura-70-phones-in-fresh-revival-attempt/
Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
- Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.
- The Mate series by Huawei emphasizes performance and business features.
- Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.
- According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
cnbc.com/2024/04/16/iran-is-in-for-the-long-haul-with-oil-tanker-hijacks-expert-says.html
Quick Glance: Oil Prices Could Witness a 'Super Spike Well Above $100' Post Iran's Strike on Israel
- Market analysts predicted that oil prices could surge to $100 per barrel and beyond after Iran conducted an aerial attack on Israel, reigniting concerns of a regional war.
- Iran carried out an aerial attack on Israel on Saturday night, launching over 300 drones and missiles, marking the first direct military attack by Iran on the Jewish state.
- Insufficient investment renders the supply more fragile, raising the likelihood of a 'super spike well above $100' if the supply is disrupted.
- Recent months have seen oil prices rise due to trade disruptions and delays caused by maritime attacks in the Red Sea by the Houthis, who express solidarity with the Palestinian people.
War in the Middle East: Iran exports more oil than it has for a long time: The exchange of blows between Israel and Iran is causing heated discussions. However ...
nzz.ch/wirtschaft/konflikt-im-nahen-osten-iran-exportiert-trotz-sanktionen-so-viel-erdoel-wie-schon-lange-nicht-mehr-ld.1827130
Iran attack on Israel: "Sanctions will not bring Iran to its knees": At the weekend, Iran attacked Israel with drones and missiles. Political scientist Cornelius ...
wiwo.de/politik/ausland/angriff-auf-israel-iran-ist-international-deutlich-weniger-isoliert-als-es-hierzulande-oftmals-scheint/29756324.html
Yellen says Iran’s actions could cause global ‘economic spillovers’ and warns of more sanctions
orlandosentinel.com/2024/04/16/yellen-says-irans-actions-could-cause-global-economic-spillovers-and-warns-of-more-sanctions/
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
Deepening Energy Relations: Venezuela and UAE Forge Ahead: As twilight fell over Caracas, President Nicolás Maduro warmly welcomed UAE's Minister of State ...
riotimesonline.com/deepening-energy-relations-venezuela-and-uae-forge-ahead/
Metal from Russia can no longer be sold in the West: New nickel, aluminum and copper from Russia are no longer allowed to be traded on the London Stock Exchange ...
faz.net/aktuell/finanzen/metall-aus-russland-darf-nicht-mehr-im-westen-verkauft-werden-19657925.html
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US lawmakers target Chinese military firms helping Russia with bill imposing ‘full blocking sanctions’
scmp.com/news/china/military/article/3259392/us-lawmakers-target-chinese-military-firms-helping-russia-bill-imposing-full-blocking-sanctions
New sanctions: Now Russia is to supply even more metals to China: According to Bloomberg, new sanctions imposed by the USA and Great Britain will lead to Russia ...
berliner-zeitung.de/wirtschaft-verantwortung/neue-sanktionen-jetzt-soll-russland-noch-mehr-metalle-nach-china-liefern-li.2206093
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