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Friday, March 1, 2024

Putin makes list of hostile countries, promises decisive steps  

President Vladimir Putin has labeled nations and corporations who have imposed sanctions or backed out of ties with Russia as “unfriendly countries,” and has not ruled out taking tough measures against them. 

Putin stated in his state of the nation speech on Monday that corporations interested in doing business with Russia in the future must be certified by a government panel. 

In the aftermath of heavy economic sanctions over Russia’s invasion of Ukraine, Putin also authorized a list of nations and territories committing “unfriendly acts” against Russia, its firms, and individuals. 

Iceland, Canada, Liechtenstein, Micronesia, Monaco, New Zealand, Norway, South Korea, San Marino, North Macedonia, Singapore, the United States, Taiwan, Ukraine, Montenegro, Switzerland, and Japan are among the other countries represented.  

Debtors should create a specific type of rouble account with a Russian bank and transfer the rouble equivalent of the foreign currency amount owing, according to the central bank’s official exchange rate on the day of payment, according to the government. 

Payments of more over 10 million roubles ($76,000) per month are subject to this interim arrangement for settling international debts. 

The international world has reacted angrily to Russia’s invasion of Ukraine, with the EU, the United Kingdom, and the United States, among others, putting a slew of economic penalties on Moscow.  

Chinaza Ogbachalu
Chinaza Ogbachaluhttps://www.chinazaogbachalu.com/
My name is Chinaza Ogbachalu, and I am a writer. I have been writing news and opinion articles for five years plus and have always had a passion for storytelling. I grew up in Nigeria and graduated from the University of Port Harcourt, Nigeria, with a degree in linguistics and communication studies. I have written books that have been well-received by critics and readers alike. My work often focuses on culture and lifestyle, and I draw inspiration from my own experiences and observations of the world around me. As a news writer, I am responsible for researching and writing engaging and accurate news stories for our online audience. I have a strong passion for current events and am skilled at conducting interviews and gathering information from sources. I am grateful for the support of my readers and am constantly humbled by their enthusiasm for my work. Thank you for taking the time to learn more about me and my writing.
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