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Anti-Russian sanctions

US sanctions to spur economic modernization in Russia — academician

The US expanded its sanctions against Russia on Wednesday over what the situation in Ukraine

Alexander Nekipelov ITAR-TASS/Grigory Sysoev

Alexander Nekipelov

© ITAR-TASS/Grigory Sysoev

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MOSCOW, July 17. /ITAR-TASS/. New sanctions imposed by the United States on Russian major companies and banks will spur Russia to modernize its economy, says Alexander Nekipelov, vice president and academician of the Russian Academy of Sciences, chairman of the board of directors of top Russian oil producer Rosneft.

“The economy of Russia has sufficient strength,” Nekipelov told ITAR-TASS on Thursday. “We cannot avoid damages in the short term, but in the long term these sanctions will make our economy take those measures we had no opportunity to employ under routine conditions.”

“Russia will reconsider its attitude towards science, development of its own technologies and economic modernization,” he said. “This will allow us to take those steps we have not taken before.”

“Sanctions usually break off particular ties, which are as a result of mutual interest,” the academician said. “That is why any sanctions affect both parties.”

The US expanded its sanctions against Russia on Wednesday over what Washington says is Moscow's reluctance to curb violence in Ukraine.

The largest firms sanctioned are the Russian state-controlled oil giant Rosneft, Russia's biggest oil producer; NOVATEK, the second-biggest gas company; Gazprombank, the bank connected with the country's gas-export monopoly; and Vneshekonombank (VEB), a state-owned development lender that provided much of the backing for the Sochi Olympics construction project.

Besides the major firms, the US also targeted additional Kremlin officials and two self-proclaimed entities in eastern Ukraine: the Donetsk People's Republic and Luhansk People's Republic. A number of smaller defense-related companies, including the iconic Kalashnikov Consortium and munitions producer Bazalt, also were hit with punitive measures.

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Sanctions vs. Russia Ukraine United States Rosneft

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Russia fires ballistic, non-nuclear-tipped missile at Ukrainian aerospace plant — Putin

According to the president, the missile is code-named Oreshnik, which can roughly be translated as hazel bush

Western air defense systems unlikely to intercept Russian missiles — France’s Le Monde

According to the French military source, Russia's recent use of the Oreshnik intermediate-range ballistic missile should be taken in the context of possible negotiations regarding the ongoing Ukrainian conflict

Putin stays open to contacts to reach 'peaceful track' — Kremlin

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US, European officials suggest returning nukes to Ukraine — NYT

US officials believe that ramping up weapons supplies to Ukraine is unlikely to change the situation in the combat zone short term, but it may help Kiev strengthen its stance in case a truce is reached

Western countries should 'be afraid, tremble' after Putin's statement — lawmaker

Andrey Kartapolov added that the special military operation in Ukraine "will continue its course until all tasks are completed"

Zelensky’s actions make Ukraine vulnerable to coup, says politician

"Democratic institutions in the country have been destroyed, rendering dialogue between the government and the people impossible," Viktor Medvedchuk said

US decision to allow missile strikes deep into Russia fuels global escalation — Slovak PM

Robert Fico also rejected the belief that this escalation would not impact "those living far away, in Spain, England, or America"

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Oreshnik missile to go into serial production, Putin says

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West builds up military presence near Russia’s Arctic borders — presidential aide

According to Nikolay Patrushev, the "imposed sanctions restrictions are aimed at thwarting the implementation of Russia’s Arctic projects"

Russia uses aerial bombs to destroy Ukrainian positions near DPR’s Konstantinovka — source

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"Those are very important logistical hubs and defence outposts for the Ukrainian armed forces, and losing them will give Russia the advantage to move forward to cities like Kramatorsk and Slovyansk," Marina Miron emphasized

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Russian forces cut off key Ukrainian supply route in Velikaya Novoselka, DPR

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Zelensky begs ‘for his country to be flattened’ — US journalist

"Ukraine should be forever grateful that President Putin is calm, rational and kind - because Zelensky is practically begging for his country to be flattened," American political commentator Jackson Hinkle said

Ukrainian frontline may 'collapse' under onslaught of Russian forces — BBC

According to the experts, Ukraine’s incursion into Russia’s borderline Kursk Region turned out to be a "strategic catastrophe" amid "manpower shortages"

Tehran to launch new centrifuges in response to IAEA anti-Iran resolution — statement

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Captives, Ukrainian losses: situation in Kursk Region

Over the day, the enemy lost more than 150 people, while five Ukrainian servicemen surrendered

US expects Russia-North Korea cooperation to be formidable challenge in coming years

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Bulgarian politician sees Oreshnik missile strike as wake-up call for peace

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Trump seeks to restore peace in entire world — transition team on Putin’s address

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Putin’s remarks on hypersonic missiles send serious warning to West — Turkish politician

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Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

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Moscow used its new Oreshnik medium-range hypersonic ballistic missile in response to the West’s decision to authorize strategic-depth strikes on Russia

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Russian military to warn Ukrainian civilians of future Oreshnik attacks — Kremlin

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Andrey Belousov stressed that Russian troops have accelerated their advance in the special military operation zone and have effectively disrupted Kiev's 2025 military campaign

Enemy has no countermeasures for Russia’s Oreshnik missile — Putin

Speaking in a televised address, the head of state assured that Russia will issue notifications before using this type of missile

Ukraine should consider territorial concessions to Russia in return for peace — magazine

Foreign Policy pointed out that Western officials should stop insisting in public speeches on the need to achieve a strategic defeat for Russia

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The French interior ministry said earlier that an emergency meeting of the NATO-Ukraine Council will be held on November 26 following Russia using its new missile against a Ukrainian defense sector facility

Illegal decisions on Russian property in Finland will not go unanswered — diplomat

Maria Zakharova noted that the Russian Embassy in Helsinki has sent requests to clarify the situation

Putin says Oreshnik missile system cutting-edge innovation by Russia, not Soviet byproduct

The Russian Defense Ministry announced earlier in the day that the country’s latest Oreshnik intermediate-range ballistic missile hit all the targets at a major Ukrainian military-industrial enterprise in Dnepr (Dnepropetrovsk) with its MIRVed warheads

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Biden’s actions on Ukraine meant to 'muck things up' for Trump — Lavrov

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Russia’s reaction to Austrian OMV’s failure to pay for gas justified — MFA

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Japanese lawmaker praises Putin's restraint amid decision to strike deep into Russia

Top EU diplomat Josep Borrell confirmed that the US administration had lifted restrictions for US-supplied missiles to be used for strikes up to 300 kilometers inside Russia

Good relations between Moscow, Riyadh helping oil market stability — Medvedev

"Our friends are living in the Arab world," the politician noted

Russian forces successfully advancing in all areas in special military op zone — Putin

The Russian president said that "all the goals we set for ourselves are being achieved"

Belarusian president believes humanity is on the brink of World War III

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US-led coalition aircraft violate Syrian airspace ten times in past day

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Russia’s Oreshnik has no analogues worldwide — Putin

"We know what kind of developments are being carried out there, but this will happen tomorrow or in a year or two, but we have such a system already today," the president said

NATO enters conflict, Russia has every right to attack its targets now — expert

Col. (Ret.) Lawrence Wilkerson confirmed to TASS that the launch of ATACMS missiles would be impossible without "US/NATO satellite feeds and/or personnel"

Russia encircles largest Ukrainian fortification in southern DPR — security services

"The enemy positioned in the fortified area in Velikaya Novoselka in the south of the DPR is already trapped in a kill zone," the source said

Japanese government refrains from commenting on Russia’s latest hypersonic missile

At the same time, Chief Cabinet Secretary Yoshimasa Hayashi once again criticized Russia’s actions in Ukraine

Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

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Zelensky fine with conflict continuing due to Western help — Slovak PM

Robert Fico pointed out that "more and more evidence show that the West seeks to prolong the war in Ukraine for various reasons"

Russia’s re-election to UNCITRAL confirms its global reputation — Foreign Ministry

Russia got the support of 129 countries in a November 20 vote in New York at the 40th plenary session of the UN General Assembly

Ukraine was warned about possible missile strike — Pentagon

Department of Defense Deputy Press Secretary Sabrina Singh gave no answer to the question of how could Ukraine prepare for this kind of attack

Russia forced to roll out new weapons as West fuels conflict, Minsk says

According to Belarusian Security Council State Secretary Alexander Volfovich, "the West does not support peace, it supports war"

US administration chooses to escalate Ukraine conflict — Kremlin

Earlier, Putin stressed that the Ukrainian army is unable to fire the latest Western-made long-range missiles on its own without support from NATO satellite feeds and the involvement of the bloc’s military

China urges restraint after Russia, Ukraine's exchange of attacks — foreign ministry

Lin Jian also reaffirmed Beijing's position on the Ukrainian issue

Russia’s steel production plunged in October — WSA

China produced 81.9 mln metric tons in October, up 2.9% on an annualized basis

Russia entitled to use weapons against military sites of states attacking it — Duma

"Russia has repeatedly stated that such actions will receive a response – and it will be a stronger one," Duma Speaker Vyacheslav Volodin stressed

US, West have no capabilities to intercept new Russian hypersonic missile — expert

"There is more in the Russian arsenal than many believe," said Karin Kneissl, the former Foreign Minister of Austria

Putin’s recent statements reflect long-standing policy, expert says

Putin’s position can be traced back to his 2007 address at the Munich Security Conference, Tiberio Graziani says

US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

Maria Zakharova stated that the US-NATO construction project, ongoing for nearly a decade with complete disregard to Russian security concerns, has consistently been a focus of Russia's attention

Weapons supplied to Ukraine cannot reach Russian territory, Spanish defense minister says

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Russian air defense deflects attacks with Western missiles — Putin

"As a result, the goals that the enemy apparently set have not been achieved," the Russian leader said

Ukraine conflict entering decisive phase, Polish PM says

According to Donald Tusk, "no one knows how the conflict will end"

Zelensky shook up by Russia’s response to permission to attack it — Lavrov

According to the Russian foreign minister, the West is directly involved in the use of long-range weapons against Russia, as not a single missile could be launched without its involvement

Kremlin clarifies notification process for Oreshnik missile launch

"An automated warning was sent 30 minutes before the launch," Dmitry Peskov said

Kremlin confident Putin's statement got through to US administration

Russian President Vladimir Putin said on November 21 that the United States and its NATO allies had earlier announced that they would authorize Ukraine’s use of long-range weapons to hit inside Russia, after which American and British missiles struck Russian military facilities in the Kursk and Bryansk regions

Russia not obliged to notify anyone about launch of intermediate-range missile — Kremlin

"No, there have been no notifications, for Russia has no such obligation with regard to intermediate-range missiles," Dmitry Peskov emphasized

Trump to name investor Bessent as Treasury Secretary

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Enemy losses, mercenary intrigue, humanitarian aid: situation in Kursk Region

Over the day, the enemy lost 150 troops, four motor vehicles, an artillery piece and two mortars

Any escalation scenario possible in Ukraine conflict — Medvedev

According to the politician, Western nations need to understand that they are fighting on Ukraine’s side

Russian ambassador says UK prime minister doesn’t understand situation in Ukraine

Turning to the Labour Party’s domestic policies, Andrey Kelin said Starmer’s plans to spur the economy were "not met with applause by the population

West irrational, fails to understand it cannot intercept Russia's new missiles — Kneissl

The former Austrian foreign minister stressed that she "counted on rational Western decision-makers, but irrationality is unfortunately on the rise among them"