Background

November 7, 2022 Ukraine and the World – Against russia’s Aggression. Sanctions in Action

11/7/2022
singleNews

“The Ministry of Foreign Affairs of Romania rejects the assertions expressed by the president of the russian federation in a speech given on the occasion of the national unity day, which falsely induced the idea that Romania has territorial claims against Ukraine. The aggressive war launched by russia on February 24 is a serious and gross violation of the principles of international law. In this regard, Romania once again confirms its strong support for the independence, sovereignty and territorial integrity of Ukraine within its internationally recognized borders”, said the Ministry of Foreign Affairs of Romania.

The United States delivered M58 Mine Clearing Line Charge (MICLIC) anti-mine complexes to Ukraine – an American-made M113A3 tracked armored personnel carrier that tows an M58 mine-clearing charge. The system consists of an M353 or M200A1 utility chassis trailer, a launcher, an M147 firing kit, an M58A3 line charge, and a 127-mm MK22 Mod 4 rocket. The principle of operation is very similar to the principle of operation of the UR-83P portable demining system, which is also in service with Ukraine.

The Pentagon claims that russia failed to destroy a single M142 HIMARS launcher in Ukraine.

Minister of Foreign Affairs of the Czech Republic Jan Lipavský has supported the idea of ​​creating a special tribunal on the top leadership of russia for war crimes in Ukraine.

Next week, the European Commission will present a program of financial assistance to Ukraine for 2023 with a total amount of up to 18 billion euros (up to 1.5 billion euros every month).

Temporary protection for Ukrainians in Finland is planned to be automatically extended for one year.

The world's largest cryptocurrency exchange Binance has allocated $10 million for humanitarian support of Ukrainians who suffered as a result of russian aggression. Also, the Binance Charity Fund will allocate $1 million in BUSD (Binance's own stablecoin, a cryptocurrency whose rate corresponds to the rate of the US dollar) to provide grants for education to Ukrainians.

rf

The Treasury of the United Kingdom has announced that after the introduction of the “price ceiling” for russian oil, it will ban insurance for companies that trade or transport higher-priced oil. Such a decision will have catastrophic consequences for russia, as the International Group of P&I Clubs is based in London. It unites the 13 largest ship insurance clubs of Great Britain, the USA, Scandinavia, Japan, etc., which provide insurance for almost 90% of the world's tonnage of marine vessels.

russia's actions in Ukraine, combined with Western sanctions, will harm the aggressor country's ability to sell weapons abroad. According to analysts, the failures of the occupation army of the russian federation at the front have undermined its reputation as a military power, and financial and export controls by the American and European governments will make it even more difficult for the kremlin to imagine itself as a reliable long-term supplier of weapons for future deals.

According to the Stockholm International Peace Research Institute (SIPRI), from 2017 to 2021, russia's share of the global arms export market decreased by 5%, to 19% compared to the previous four-year period. As the war in Ukraine continues and sanctions against russia tighten, doubts are growing about the quality of russian weapons, as well as moscow's ability to produce advanced weapons and provide long-term support to the customers who buy them. Thus, Southeast Asia, where russia has traditionally been the main supplier of weapons, is an example of the Kremlin's declining prospects as an arms exporter. For the countries of the region, the USA is becoming a more attractive supplier, since they associate the purchase of weapons with military or diplomatic support against China. Besides, several European arms suppliers are willing to help countries in the region develop their own arms industries and capabilities, in some cases through technology transfer. Another reason to avoid purchases of russian weapons, according to analysts, is the desire to demonstrate a neutral position regarding the invasion of Ukraine.

The British-Portuguese online clothing store Farfetch is closing its russian office and laying off all its employees.

The pozis company has announced the resumption of production of soviet-era “mir” refrigerators. 30 years ago, this model was discontinued in russia.

At the end of August, 72.6 million people worked in russia, and at the end of September – 72 million, – says the report of the Ministry of Economic Development “On the Current Situation in the Economy”. At the same time, it is noted that the number of workers over the age of 15 decreased from 75.5 to 74.9 million people in September, and 30 thousand officially became unemployed. The information and consulting agency mmi believes that the loss of labor force and more than 600 thousand employed in the economy is not a statistical effect that could be related to seasonality, but the real consequences of mobilization for the war against Ukraine and the emigration of the population from russia.

People willing to buy housing on the primary real estate market in October decreased by 10-15% compared to September, analysts of the real estate market tsian pointed out.

In September, wholesale trade decreased by 22.4%, and retail trade decreased by 9.8%, the ministry of economic development of the rf reported.

According to the data of the national statistical committee of the republic of belarus, the nominal accrued salary in September was lower than the results not only of August, but of July as well. The fall is taking place against the background of the general deterioration of the macroeconomic situation in the country, as a result of which real wages (taking into account the effect of inflation) have gone into the red since March. By September, this decrease was 4%. At the same time, in nominal terms, Minsk added 13 rubles to the average wage in September, and this is the only example of growth in all regions. The decrease in nominal earnings in the regions per month was from 16 rubles in brest region to 83 rubles in minsk region.