Portal of German daily newspaper Die Welt blocked in Russia

11 July 2022, 00:24 | Peace
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Russia's state media regulator Roskomnadzor said on Sunday that the website of the German daily newspaper Welt was blocked in the country at the request of Russian prosecutors.. The reason for this decision is not reported..

Welt. de was included in the ever-growing list of media banned by Roskomnadzor. With the beginning of Russian aggression against Ukraine, the newspaper publishes information in Russian. Most independent information in Russia is censored.

In early March, the European Union imposed sanctions against the Russian media RT (formerly Russia Today) and Sputnik, which are considered the main tools of the Kremlin propaganda..

Russia has 300 billion dollars of reserves in Western countries that are completely blocked. In total, the assets of the Russian private sector abroad, according to the Economist, amount to $1 trillion, of which only $30-50 billion, owned by Russian oligarchs and government officials, has been frozen so far..

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Four days after the start of the Russian invasion of Ukraine, on February 24, the G7 countries decided to impose sanctions against the Central Bank of Russia, which prevented EU, US, UK, Canada and Japan institutions from making any transactions with the bank. The Central Bank of Russia has blocked Russian reserves in these countries in the amount of about 300 billion US dollars. This is almost half of all reserves of Russia.

EU diplomat Josep Borrell said in May that he would advocate for withdrawing Russia's frozen foreign exchange reserves and using them to rebuild a war-ravaged Ukraine, calling the move "

On the other hand, Russian state assets, that is, reserves located outside the Russian Federation, are not formally frozen, but only blocked from their use by the Russian authorities..

According to the latest available report from the Central Bank of Russia, the largest part of Russia's reserves is located on its territory in the form of gold, accounting for 21.7% of the total. China was the largest foreign holder of Russian reserves with a 13.8% share, almost entirely in Chinese yuan. This means that Russia still manages about a third of its total reserves of $630 billion with domestic gold and Chinese yuan..

According to the same report, 12.2% of Russian reserve assets were in France, 10% in Japan - 9.5%, in Germany 6.6%, in the US - 4.5%, in the UK - 3%, in Austria -.




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