Russia has failed to meet the deadlines because mounting sanctions are cutting off avenues to transfer the cash.
Advocates say ruling will ‘flip the First Amendment on its head’ and endanger the free speech rights of all Americans.
Ratcheting up of sanctions is promoting a migration of Russian businesses to Dubai.
West African heads of state agreed to keep sanctions on Mali unless the government proposes a new transition.
Europe holds talks with MENA countries like Qatar and Algeria to secure gas imports.
Shippers are concerned over reputational risk and increasing difficulty in getting insurance for Russian assets.
Some banks have stopped offering Nayara Energy trade credit for oil imports or want upfront payments, Reuters reported.
An escape clause in US sanctions allows Russian diamonds to enter global markets after being cut and polished in India.
If this mechanism picks up, it could also open a window for Indian exporters to ramp up sales to Russia.
The war’s ripple effects are hitting developing nations like Zimbabwe hard as supplies of fuel, food are disrupted.
While China will help Russia get around sanctions, it is more focused on problems closer to home.
Oligarch wealth is mostly protected thanks to the financial systems that have been nurtured to give assets anonymity.
The UK announces new sanctions on Russian individuals, hiked tariffs on Russian imports and banned export goods.
India could do more to help resolve Ukraine conflict, despite its reliance on Russia for weapons, diplomacy with China.
