Tag Archive for Russia

Sanctions: Trends and challenges in a tumultuous year

On 25 February 2023, the EU marked the one-year anniversary of Russia’s full-scale invasion of Ukraine by announcing its tenth package of sanctions against Russia. The new package added some 121 individuals and entities to the EU’s sanctions list, bringing the total under either an asset freeze or travel ban to 1,473 individuals and 205…

Bulgaria’s never-ending election marathon

Uncertainty seems to be the only predictable outcome of the April 2023 parliamentary election Bulgaria is a country without a parliament. The legislature has been dissolved in January 2023, when President Rumen Radev called a snap poll after a repeated failure to form a government.  Since then, Bulgaria has been living under a caretaker cabinet,…

Russian parliamentary elections – a not so glorious victory

United Russia’s victory in the Russian parliamentary election in September 2021 is unlikely to mark a departure from the strained relationship of EU and US with Russia and to improve the prospects for doing international business in the country. Only the more robust investors are willing to accept the risks linked to operating in the…

The Rocky Road Ahead for US-Russia Relations

Relations between the US and Russia are widely expected to continue their downward trajectory when President Biden enters office on 20th January. Biden arrives in office in very different circumstances from previous incumbents. In most recent cases, US presidents have started their terms by seeking better relations with Russia. This time, however, there are no illusions…

Enhanced Due Diligence in Managing Sanctions Risks

Jennifer Hanley-Giersch elaborates on the sanctions in force against Russia, Syria and Iran as well as those recently lifted against Belarus, highlighting the risks still associated with the countries.