The line between politics and economics is becoming blurred as sometimes, sanctions imposed for political reasons are actually a weapon of competition, claimed a long time observer of sanctions.
There is no question that Europe’s reaction to Russia’ invasion of Ukraine called for a unified response from the bloc as it sought to establish itself as a moral force in world politics. However, as the European Union is finalizing its 12th package of sanctions against Russia this month, the lingering question is whether the […]
Russian executives who never had an influence over Putin may be removed from sanctions list.Alexander Shulgin, a young, Western-style Russian executive, has been out of work for nearly a year and a half because of EU sanctions. He came under sanctions in April 2022 because of his role as the CEO of the online marketplace Ozon, known as “the Amazon of Russia”. Shulgin stepped down from Ozon immediately after the EU decision and has been appealing the personal sanctions against him ever since.
Moskvich Magazine, a popular lifestyle publication for Muscovites, ran a curious story about how the lifestyle of former CEOs changed in the wake of EU sanctions against them. A little over a year ago, when Dmitry Konov was still head of a petrochemical company, his life consisted of meetings, business trips and paperwork. He would […]
Economist Alexander Zotin in his opinion piece published in Russia’s main business daily discusses possible twists in the pushback against sanctions pressure on the Russian Federation Managers, shareholders, the state, employees, customers. Balancing the interests of these groups should help the economy grow and develop. But what looks good in theory often looks very different […]