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WASHINGTON (Reuters) -The Biden administration said on Friday it has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South ...
China-Russia trade surged as well reaching $93.8 billion since January 2023, a 75.6% increase, to replace declining trade volumes with the countries imposing sanctions. Its economy is now predicted to only fall by 0.7%. [291] [292] The ruble continues its slow but steady decline. [293]
At an emergency parliamentary session on 27 February, Scholz spoke of a "new era" that had begun with the Russian invasion. Germany would from then on invest more than the NATO target of two percent of the gross domestic product in defence. 100 billion euros would be made available for investments in the army in 2022. [126]
In response to the invasion, Germany's chancellor, Olaf Scholz, suspended the Nord Stream 2 pipeline and announced a new policy of energy independence from Russia. In addition, Germany provided arms shipments to Ukraine, the first time that it provided arms to a country at war since the end of World War II.
Since Russia's invasion of Ukraine, the U.S. and EU have levied sanctions on Russia’s biggest banks and its elite, frozen the assets of the country’s Central Bank located outside the country ...
The German Kriegswaffenkontrollgesetz (Weapons of War Control Act) controls the production, handover, sale, trade, acquisition and transport of goods, resources, and organisms that are meant for war. During the 2022 Russian invasion of Ukraine the law suddenly became very relevant, because the German policy on sending weapons is in part based ...
The German Interior Ministry said in a statement that the hacking campaign began at least as early as March 2022 — a month after Russia's full-scale invasion of Ukraine — with emails at Social ...
Prime Minister Albin Kurti condemned the Russian invasion as "the largest military aggression, not only in Europe, since the end of the Second World War", stating "we stand in solidarity with the people of Ukraine and stand together with the EU, NATO, the US, and the UK for state sovereignty, territorial integrity, the country's independence ...