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Anti-Russian sanctions

Russia underestimates new package of US sanctions — think tank

According to Russia's former economy minister, the country will be forced to widen the use of the national currency in payments

MOSCOW, October 31. /TASS/. Head of the Center for Strategic Research (CSR), Russia’s former finance minister, Alexey Kudrin, thinks that Russia underestimates the new package of sanctions imposed by the United States.

"We in Russia underestimate the new blacklist published (by the US) three or four days ago. This is a completely new list of tougher sanctions," he said Tuesday.

"Now any company in the world will be blacklisted if it has operations with Russian companies [from the sanctions list - TASS]. They [the United States] threaten companies of other countries," Kudrin said, adding that Russian experts are now analyzing the potential effect of those sanctions.

Read also

US resorts to sanctions to elbow Russia out of weapons, energy markets — Lavrov

According to ex-minister, the country will be forced to widen the use of the national currency in payments. "This sanctions story creates huge risks for transactions in more stable currencies. This will trigger the use of the ruble even if it turns out more expensive," he said.

The US Department of State earlier announced that it had endorsed a new list of restrictive measures and companies that could be sanctioned. The document has been forwarded to the US Congress. The list includes Russian defense sector enterprises, such as Kalashnikov Concern, Russian Technologies State Corporation (Rostec), Admiratly Shipyard, Almaz-Antey Air and Space Defense Corporation, Izhevsk Mechanical Plant, Izhmash Concern, Rosoboronexport and others.

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Sanctions vs. Russia

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Polish leader cautions NATO allies against provoking Russia

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EU remains unreliable partner for Russia for now — Lavrov

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Insurers refuse to pay compensation for Nord Stream — Russian envoy to UN

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Alrosa may leave Catoca project in Angola — Finance Ministry

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Hungary sees Ukraine conflict entering new phase, NATO involvement rising

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Russia says its battlegroup West seized better positions

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Kiev troops may strike targets in Crimea with ATACMS missiles — newspaper

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Lukashenko invites South Africa’s Ramaphosa to visit Belarus

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Lithuania’s prime minister warns US may curtail aid to Ukraine

Ingrida Simonyte called for getting ready for such a turn of events right away, and not just watch and wait

Russian defense chief points to West’s double standards on right to self-defense

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US nukes in Poland to become target for Russia should confrontation with NATO occur — MFA

"The impression is that Warsaw is maniacally seeking to attract even more attention from military planners in the Russian General Staff," Maria Zakharova added

West prepares puppet structures in case of coup in Belarus — KGB

Ivan Tertel said various methods were being considered, up to "instigating a forceful seizure by illegal armed groups" being trained in the West and Ukraine

Russia fights West’s sanctions at UN for the sake of developing countries — envoy to UN

According to the diplomat, Russia is engaged in "fierce battles on this issue in different committees of the General Assembly"

Blinken’s visit to China meant to shatter Russian-Chinese ties — senior Russian diplomat

"I think that Beijing understands this perfectly well and will not even pretend being ready to reach any agreements with the Americans to the detriment of Russia’s interests," Sergey Ryabkov said