European Union Has Started To No Longer Implement Sanctions On Russia.
<p><a href="https://www.reuters.com/markets/europe/russian-economy-declines-4-yy-q2-after-35-yy-increase-q1-econ-ministry-2022-07-27/" rel="noopener ugc nofollow" target="_blank">Russian economy has officially been declining over the past months</a>, however, some new recent developments in Russia has appeared. Sanctions was and is a tool to effectively use against any country or individual or institution to stop their progress. <a href="https://www.statista.com/chart/27015/number-of-currently-active-sanctions-by-target-country/" rel="noopener ugc nofollow" target="_blank">Russia, today, is the most sanctioned country in the entire world</a>, leaving North Korea or Iran in dusts. Despite Russia having so many sanctions, <a href="https://www.statista.com/chart/27015/number-of-currently-active-sanctions-by-target-country/" rel="noopener ugc nofollow" target="_blank">with over 14,000 sanctions</a>, it seems that Russia is still functioning as without having any sanctions, at all.</p>
<p>However, president Zelenskyy realized the EU’s decision to cease sanctions against Russia, a video was made by him explaining as to why sanctions must be resumed:</p>
<p><iframe frameborder="0" height="696" scrolling="no" src="https://cdn.embedly.com/widgets/media.html?type=text%2Fhtml&key=a19fcc184b9711e1b4764040d3dc5c07&schema=twitter&url=https%3A//twitter.com/ZelenskyyUa/status/1700215601866604954%3Fs%3D20&image=https%3A//i.embed.ly/1/image%3Furl%3Dhttps%253A%252F%252Fabs.twimg.com%252Ferrors%252Flogo46x38.png%26key%3Da19fcc184b9711e1b4764040d3dc5c07" title="Volodymyr Zelenskyy / Володимир Зеленський on Twitter: "Russia is actively trying to evade sanctions.The global sanctions offensive must be resumed.Three priorities: more sanctions against Russia's energy sector, real restrictions on the transfer of chips and microelectronics, and further blocking of the Russian financial sector. pic.twitter.com/idhALkI3lI / Twitter"" width="680"></iframe></p>
<p><a href="https://www.consilium.europa.eu/en/press/press-releases/2023/02/04/eu-agrees-on-level-of-price-caps-for-russian-petroleum-products/#:~:text=On%203%20December%202022%2C%20the,oil%20at%20%2460%20per%20barrel." rel="noopener ugc nofollow" target="_blank">Europe has put oil price cap on Russian oil</a>, Europe was one of the biggest buyers of Russian oil, however, things have changed, and very little of Russian oil is entering Europe, as of today. <a href="https://www.oenb.at/dam/jcr:c7d95c7b-c469-4834-ac94-98554c5e6f5f/2022-04-15-russian-economy-and-world-trade-in-energy.pdf" rel="noopener ugc nofollow" target="_blank">Russian economy strives upon energy exports, such as diesel, petrol, electricity, gas</a>. Since Europe has basically stopped buying Russian oil, Russia was forced to do trades with other countries, such as China and India.</p>
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