More sanctions Russia as Moscow cracks down on the media

RUSSIA / FSU POLITICS - In Brief 06 Mar 2022 by Alex Teddy
On March 5 Singapore announced it was restricting Russian banks access to its market. There will be export controls on items going to Russia and restrictions on cryptocurrencies trading with Russia. Singaporean finance will be prohibited from doing anything that might support the Russian Central Bank. Singapore is a fairly major financial center.The Association of South-Easr Asian Nations (ASEAN) has denounced the Russian invasion of Ukraine. However, Singapore is the only member of ASEAN to have introduced sanctions.The messaging app Telegram has blocked Russian state media in Europe. This will impact RT in particular. All other major Western social networking media have banned RT. It is uncertain whether Sputnik is also blocked by Telegram.The BBC, CBS and ABC are among Western have halted operations in Russia. They cite their reason being a law passed by the Russian Parliament saying that reporting news on the conflict that is not from official Russian sources shall be punished ny 15 years in jail.On March 4 there was a pro-Putin demonstration in Serbia. Serbia is almost the only country in Europe to fly to and from Russia. However, Serbia is not in the EU. The EU is pressuring Serbia to bank such flights.

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