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"We will make sure Russian economy goes backwards, as Putin goes forward" - US imposes sanctions on Russian CB
The U.S. Treasury Department on Monday banned transactions with Russia's Central Bank, Foreign Investment Fund and imposed strict financial sanctions on a Russian economy already in free fall, TURAN's Washington correspondent reports.
The new penalties, which are effective immediately, effectively cut the Russian Central Bank from the U.S. dollar and severely limit Vladimir Putin’s ability to dampen the blow of previous sanctions, a senior Biden administration official just told reporters over phone.
"No country is sanctions proof when we act together" the official said. "We will make sure Russian economy goes backwards, as Putin goes forward"
U.S. individuals and businesses are now unable to make any financial transitions with or on behalf of the Central Bank of the Russian Federation, National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation.
The sanctions also ban any foreign financial firm from sending U.S. dollars to the Russian central bank, finance ministry and wealth fund.
Alex Raufoglu
Washington D.C.
Politics
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The short film “Fragments”, by Iqbal Abilov, a Talysh researcher arrested in Azerbaijan, was shown on November 14 at the Madrid Indie Film Festival (MADRIFF) in the capital of Spain. The film was presented by the author's cousin, renowned stand-up comedian Idrak Mirzali-zadeh, who read a letter from Abilov to the festival participants. In the message, Abilov expressed gratitude to everyone who helped make the project possible. He also thanked those who continue to support him during his arrest due to his scientific and public activities. "I hope that justice will prevail soon, my innocence will be proven, and once I am released, I will come to Madrid and watch all the films at the festival," Abilov stated.
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On November 15, a telephone conversation took place between Russian President Vladimir Putin spoke and the Azerbaijani President Ilham Aliyev, the Kremlin's press service reported. The two leaders discussed the "practical implementation of a number of mutually beneficial projects in the fields of industrial cooperation and transportation." The mutual interest in further comprehensive development of Russian-Azerbaijani strategic partnership and alliance was confirmed. It was agreed to continue contacts at various levels, according to the statement.
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Eco-activists from different countries held another action on the territory of the COP29 climate conference in Baku on Friday.
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On 15 November, a group of activists held a protest at the COP29 climate conference against the environmental pollution in Africa and the destruction of the continent's ecology by large companies. The activists also expressed dissatisfaction with the fact that a part of the revenues from mining is not channelled into the restoration of nature's damage.
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