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Dynamic oil price cap — even sounds sexy! Now let’s make it real at the G7 level. And ensure enforcement! #sanctions

my quick take on the 🇪🇺's latest sanctions on 🇷🇺. I've been critical of many of the EU's recent 🇷🇺sanctions packages - they have simply been weak. But this one, notably the lowering of the oil price cap without G7 🇬🇧🇺🇸🇯🇵🇨🇦 backing shows 🇪🇺 strength. 👏 rferl.org/a/oil-cap-eu-s…

Latest statistics on the Ru real estate market Permits for new construction fell by 31% in June, a 26% drop in just the first half of the year The volume of unsold housing reached a record - 55 million sq. m. This is a city with a population of 3 mil people. For example, Berlin

Holy crap this is what it takes to be the heavyweight champion of the world. 🤯🤯🤯

eur-lex.europa.eu/oj/daily-view/… 18th sanctions package

#Київ / #Kyiv

The ringside angle of 𝗧𝗛𝗔𝗧 left hand by Oleksandr Usyk🎯 #UsykDubois2

🤛🏻

Детально про 18й санкційний пакет ЄС Із 14 фізичних осіб, включених до 18-го пакета санкцій ЄС, 5 вже перебувають під нашими санкціями, ще 6 були включені до наших пропозицій, переданих партнерам. Серед них: • Фелікс Плескачовський, директор НПО «ПОИСК», залученого до

Due to sanctions, Russian oil refineries are struggling with repairs — EU/US-made equipment is no longer available, and domestic substitutes remain scarce. Refining volumes hit a 12-year low in 2023 after Ukrainian drone strikes. The sector faces a slow-burning crisis.

The EU’s latest sanctions package includes a full transaction ban on 22 Russian financial institutions. This replaces the previous SWIFT disconnect measure and covers major, regional, and specialized banks — from Bank DOM.RF and Bank Saint Petersburg to Yandex Bank and Bank 131.

Today’s Russian papers on the economy: “More & more enterprises plan to cut output.” “Russia is shut off from technological advances. It’s naïve to think everything we need we can make ourselves or get from China.” #ReadingRussia

gov.uk/government/new… 🫡🤝

Today’s UK sanctions hit 135 shadow fleet tankers—92 of which were flagged in our proposals to partners. Also listed: LITASCO Middle East (a Lukoil arm in the UAE) and INTERSHIPPING, which registered tankers under Gabon’s flag moving $10B+ of oil yearly. Progress.

🥇 Шпажистка Влада Харькова – чемпіонка світу з фехтування! У напруженому проти естонки Лехіс усе вирішив один укол – 14:15 Історична подія для України в одиночній шпазі на ЧС – до того мали чотири бронзи 🔥 А після перемоги одразу вказала на прапор України 💙💛

The catch-all provision in the EU’s 18th sanctions package is a major upgrade in enforcement. How it works: – National authorities can require authorization for exports of sensitive goods to any third country if there’s a risk they may be diverted to Russia/Belarus. – Exporters

The crisis in the Russian construction industry is gaining momentum. Cement production In June: -11.2% y/y In the first half of the year: -7.6% y/y I expect the decline to accelerate due to the collapse in the rate of real estate sales, which reached 50% in Russia in June.

My take: there won’t be meaningful progress in the talks without a serious push — like strong U.S. sanctions.