Press
Showing 1-20 of 96 Items
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U.S. Expands Sanctions on Iran Oil Sector Over Israel Attack
The US broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran ahead of ...
By Rachel Ziemba
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Russia’s Wartime Production Fuels Its Economy
“Russia’s economy shifted to war-economy mode,” said Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security. “Nabiullina, her credentials, her exper...
By Rachel Ziemba
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Biden to Triple Tariffs on Chinese Steel Ahead of Reelection Bid
Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security, or CNAS, said the Biden administration is reviewing why some Chinese steel derivatives curre...
By Rachel Ziemba
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Yellen: U.S. Will Levy Sanctions Against Iran over Attack on Israel
Among the most obvious remaining options is aggressively expanding sanctions on Chinese firms that have bought large quantities of Iranian crude oil exports, which have provid...
By Rachel Ziemba
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Ukraine’s Allies Keep Hitting Russia with More Sanctions — and Russia Keeps Finding Ways Around Them
Sanctions have, to some extent, "achieved an economic shock to Russia," said Rachel Ziemba, an adjunct fellow at the Centre for New American Security who tracks the impacts of...
By Rachel Ziemba
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U.S. Sanctions Oil Tankers, Targeting Iranian Funding for Russian, Houthi Arms
The measures are targeted to Iran's involvement with regional terror groups and Russia's military supply chains, said Rachel Ziemba, adjunct senior fellow at the Center for a ...
By Rachel Ziemba
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U.S. Designates Houthis as a Global Terrorist Group, but Plans Big Sanctions Carveouts
Even if a transaction is not flowing through the US financial system, large banks that operate throughout the world often take US designations into account, said a second seni...
By Rachel Ziemba
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Commodities 2024: Global Crude Supplies Seen Giving Biden Wiggle Room on Oil Sanctions
US gasoline prices in 2024 will be a factor in any Biden administration decision to tighten oil-related sanctions in an election year when prices at the pump could sway voters...
By Rachel Ziemba
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How a Yemeni Rebel Group Is Creating Chaos in the Global Economy
Some countries may feel the impact directly, such as the cash-strapped government of Egypt, which earns more than $9 billion a year from Suez Canal transit fees. But given the...
By Rachel Ziemba
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China Courts Saudi Arabia as Part of Its De-Dollarisation Strategy
“I think this swap is one of several tools that China is using to increase their role in the global economy, or at least to signal their interest for that to happen,” says Rac...
By Rachel Ziemba
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U.S. Treasury Sanctions Companies, Tankers for Violating G7-Led Price Cap on Russian Crude
The new sanctions are a part of the shift that the US took towards enforcement of the price cap in October, and they may lead G7 companies to become more reluctant to trade wi...
By Rachel Ziemba
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Will Saudi, UAE accession transform BRICS?
But major differences between the founding BRICS countries and new potential members will probably significantly impact the bloc’s future. Rachel Ziemba, an Adjunct Senior Fel...
By Rachel Ziemba
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War sanctions against Russia highlight growing divisions among the Group of 20 countries
“It's a combination of different factors that I think that makes it difficult for the G20 to work in concert in a way that they did in the past," said Rachel Ziemba, an adjunc...
By Rachel Ziemba
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Why is Russia’s ruble dropping in value?
Rachel Ziemba, follows sanctions and the Russian economy at the Center for New American Security. Russia, she said, “hiked interest rates sharply, and they also imposed capita...
By Rachel Ziemba
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Jump in Economic Sanctions Spurs Boom in ‘Murky Trade’
“Some of what we’ll continue to see is one-off, ad-hoc arrangements,” said Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security. “This makes it co...
By Rachel Ziemba
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Feeling left out: northern Ontario junior miners want more critical minerals funding
Rachel Ziemba is a senior fellow at the Center for a New American Security, a think tank based in Washington, D.C. She said there is an increasing recognition of how important...
By Rachel Ziemba
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Saudi Arabia’s digital dream: Silicon Valley for the Middle East
Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security in Washington, says: “Saudi Arabia has a lot of ambitions. But as we’ve seen around the world...
By Rachel Ziemba
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Sanctions on Russian Bank Raise Questions About ‘sanctions-proofing’ in Gulf
Rachel Ziemba, a sanctions expert at the Center for a New American Security, told Middle East Eye the bank was “ahead of the curve" in establishing itself in the UAE, to take ...
By Alex Zerden & Rachel Ziemba
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Latam FX Rises against Softer Dollar, Vale Weighs on Brazil’s Bovespa
The IMACEC economic activity index of the world's largest copper producer still ended 2022 in negative territory as it faced a slowdown after a rapid post-pandemic recovery. T...
By Rachel Ziemba
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U.S. and China Pledge to Talk More to Avoid Worsening Tensions
The Biden administration has kept in place a set of tariffs imposed under President Donald Trump and confronted Beijing over what it sees as human rights abuses, unfair trade ...
By Rachel Ziemba