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Analyses | | Iwona Wiśniewska
In response to the annexation of four occupied Ukrainian regions to the Russian Federation and the Kremlin’s threats (including the possible use of nuclear weapons), Western countries are extending their sanctions on Russia, or announcing…
Analyses | | Marek Menkiszak, Iwona Wiśniewska
On 27 July, Gazprom – following on from its announcement of 25 July – reduced gas supplies via the Nord Stream 1 (NS1) pipeline to its European customers. Gas shipments fell from about 65 million cubic metres per day (about 39% of the…
Analyses | | Iwona Wiśniewska
On 1 August, the Central Bank of Russia (CBR) decided to extend restrictions on the purchase of Western currencies in cash for a further six months (until 9 March 2023). Russian citizens can only withdraw up to $10,000 worth of funds from…
Analyses | | Adam Michalski, Krzysztof Nieczypor, Iwona Wiśniewska
On July 22 in Istanbul – after a series of negotiations initiated by Turkey with the participation of the UN – Ukraine and Russia agreed on the terms for the creation of a secure corridor for the transportation of grain, food and…
Analyses | | Iwona Wiśniewska
In recent weeks, Russia has introduced further legal changes to adapt its economy to the needs of the war in Ukraine. This includes a law which has been passed on special economic measures to support the Russian armed forces during “…
Analyses | | Iwona Wiśniewska
The Russian Grain Union (RGU) reported that, from the start of the current agricultural season (1 July 2021) to mid-May, Russia exported 33.85 million tonnes of wheat, which is about 10.4% less than a year ago. Overall, Russian grain…
Analyses | | Szymon Kardaś, Iwona Wiśniewska
At night on 30 May, the European Council managed to reach an agreement on the sixth package of sanctions against Russia. Although the details of the arrangements are yet to be made public, media reports show that the leaders of the EU…
Analyses | | Iwona Wiśniewska, Szymon Kardaś
On 23 March, Vladimir Putin decided to charge fees for Russian exports of natural gas to countries hostile to Russia (i.e. those countries which have introduced sanctions) in roubles in the near future. He ordered the withdrawal from the…
OSW Commentary | | Iwona Wiśniewska
In retaliation for its military aggression against Ukraine Russia has been sanctioned by around 50 countries, which accounted for half of Russia’s foreign trade and were of key importance to the stability of its capital market. The…
Analyses | | Iwona Wiśniewska
On 5 March, Singapore joined the Western technological and financial sanctions against Russia. Previously, several other Asian countries, including Japan and South Korea, took similar decisions. Taiwan has also joined the restrictions.