US suddenly loosens sanctions on the Russian Central Bank

Khánh Minh |

The US has loosened sanctions on Russia and extended licenses for some transactions with the Russian Central Bank.

VNA reported that on July 8, the US Treasury Department announced that it had issued a new general license, extending a number of administrative transactions with the Russian Central Bank until October 9, 2025.

During the above period, individuals and organizations owned or operated directly or indirectly by Americans are allowed to pay import taxes, fees or taxes and purchase or receive licenses, certificates, registration or tax refunds, provided that such transactions are normal and necessary for the daily operations of US individuals or organizations in the Russian Federation.

In 2022, the US banned its citizens from trading with the Central Bank, the Direct Investment Fund and the Russian Ministry of Finance during sanctions on Russia's special military campaign in Ukraine.

Khánh Minh
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Liechtenstein - the paradise of assets of the European super-rich - is struggling with sanctions against Russia.

European youth rank Russia among superpowers, EU relegated at home

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Nearly 57% of young people in the EU and the UK consider Russia one of the top three superpowers in the world.

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Song Minh |

While the EU is actively implementing a plan to completely cut off Russian gas, another surprise obstacle is Spain.