Economy

Over the billions of Russian oligarchs in offshore looming risk of blocking

The principle of bank secrecy may not work Russian oligarchs and just very wealthy citizens hold about $300 billion in offshore accounts. According to Bloomberg, if the West freezes them, as happened with the Central Bank’s gold and foreign exchange reserves, or if the owners quickly transfer them to another place, global markets are threatened with destabilization. But how feasible is…
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Economy

For the sake of Russia's help, China will have to perestroika

China, which remains, perhaps, the main economic partner of Russia under the sanctions, has repeatedly expressed its readiness to fill the gaps in Russian trade. But the numerous difficulties faced by the economy of the PRC itself, calls into question the implementation of…
Politics

China threatens countermeasures in response to US sanctions

US visa sanctions against a number of Chinese officials should be lifted immediately. Otherwise, China will take “mirror” measures. This statement was made on March 22 by Chinese Foreign Ministry spokesman Wang Wenbin. China’s sharp reaction followed a statement by US Secretary of State Anthony Blinken, who the day before announced visa restrictions against Chinese officials…
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Politics

Details of the crash of "Boeing" in China: residents themselves put out the wreckage

Previously, China has already abandoned some models of a well-known brand – due to accidents abroad The Chinese airline China Eastern Airlines expressed its condolences to the families of the passengers and crew members of the Boeing 737-800 aircraft that crashed on March 21 in the eastern part of China. The aircraft, operating flight No. MU5735 from Kunming to Guangzhou, took off from…
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Economy

Named the pros and cons of investing in yuan for Russians

In the conditions of the new reality, the Russians are trying to find new landmarks and points of support for themselves. Visa and MasterCard systems have suspended work in the country, banks have been disconnected from SWIFT, and a ban has been imposed on the import of…
Economy

The expert told whether a complete refusal of Europe from Russian oil is possible

In this case, Europe will face a number of problems The Baltic countries, as part of the development of the fifth package of sanctions against Russia for conducting a special operation on the territory of Ukraine, insist on the introduction of an oil embargo against the Russian Federation. At the same time, experts are sure that this refusal of Russian oil can lead to retaliatory sanctions from…
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