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The action, one day before the second anniversary of Russia's invasion of Ukraine, means companies will be placed on the Commerce Department's "Entity List," essentially banning U.S. shipments to ...
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.
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]
issued a statement "We are deeply shocked by the senseless acts of violence being perpetrated against the innocent people of Ukraine and we condemn the Russian state's invasion" but did not provide any additional information about its operations in Russia. [178] 2022: Under Armour: Textile and sports equipment United States
President Biden on Friday announced more than 500 new sanctions against Russia over the death of jailed dissident Alexei Navalny and Vladimir Putin’s ongoing war in Ukraine. “Two years ago ...
Committee supported Ukraine in trade conflict with Russia. It was decided to raise that issue on the G20 summit in Saint Petersburg and pass a resolution about the support of Ukraine. [32] Government of Germany, commenting the trade embargo, called on Russia to respect the right of Ukraine for the close relationship with European Union. [33]
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 ...