Page 99 - Export Controls News Today

Indication of the dire straits that russias economy is in. this is a reflection of the fact that the sanctions, the export controls, the other economic measures, including the measures, the additional measures that we announced today, have had a significant, substantial, profound effect on the russian economy. >> there are two major countries reluctant to condemn the russian invasion. india is hosting the russian foreign minister, sergey lavrov. and in china, a virtual summit with the eu is set ...

0r indeed, venezuela. i saw some comments from the president of venezuela where the who was almost public enemy number one in washington saying he had had a very respectful and cordial meeting with an last sunday talking about exactly this. accessing some of venezuelas oil. absolutely, energy shocks make for interesting bedfellows. you know ukraine incredibly well and you lived there for seven years, you are back and forwards regularly and you have of friends there. it is a vast country, and you...

The biden administration is actually talking - about getting more oil from, where? l the middle east. saudi arabia. or indeed, venezuela. i saw some comments from the president of venezuela who was almost public enemy number one in washington saying he had had a very respectful and cordial meeting last sunday talking about exactly this. accessing some of venezuelas oil. absolutely, energy shocks make for interesting bedfellows. - you know ukraine incredibly well and you lived there for some year...

Number one in washington, saying he had had a very respectful and cordial meeting with an last sunday talking about exactly this — accessing some of venezuela�*s oil. absolutely, energy shocks make for interesting bedfellows. gabriel, you know ukraine incredibly well, you lived there for some years, you are backwards and forwards regularly and you have of friends there. it is a vast country — i mean, you showed me some of that when i visited for work and worked with you. vast, beautiful co...

Ukrainians. so why do we do now? we have to hold out and, as you say, let sanctions work, let them degrade the russian economy, again, they are already standing on the currency prices, and allow export controls as well. we dont talk about it as much, but its a major restriction on all of the material and financial resources that the russians could get from external sources to continue its perpetuation of the war. we are looking at insurgency. >> i am glad you are here tonight, julia. eugene, it ...

What about the u.s.? would the u.s. impose more sanctions for example on russian oil, cracking down on all russian bank, banning energy payments from the swift banking system? >> were doing this every day. were tightening the existing sanctions. were adding new ones in full coordination with european and partners around the world. one of the results is the russian economy is reeling. there are forecast by most of the major forecasters that the economy will contract by 10%. this year. and thats i...

Around them. >> well, chuck, first, virtually all of the forecast shows russias economy contracting by 10% this year. that is dramatic. especially at a time when other economies including our own are rebounding dramatically. second, when it comes to the ruble, it is a more than a little manipulation, it is a lot are princ. people are being prevented from unloading rubles and that is not sustainable. i think you will see that change. weve seen an extraordinary exodus of virtually every leading bu...

0 is great about people. it is whats embodied. and i carry that with me. >> this sunday, is russia withdrawing or reloading? >> there is what russia says and what russia does. we focus on the latter. >> ukrainian in the north. and retreating forces in ukraine east. >> it is clear the russians want to reprioritize their operations in the donbas area. >> real questions about what vladimir putin is being told. >> we believe putin is being misinformed by his advisers about how badly the russian mi...

Major company from russia, and over the long term, the export controls imposed means they wont have technology needed to modernize key aspects of this economy and future. sanctions will have a big bite now and going forward as long as this lasts and every day were making sure theyre not only tightened but increased. announce the increased sanctions just a couple days ago. >> still have a life line when it comes to their energy sector. something the u.s. is considering along with western allies? ...

U.S. imposes sanctions on Duma members, board members and executives of sanctioned Russian banks, and defense companies.