新华社北京11月26日电 塞尔维亚总统武契奇25日说，如果美国政府不撤销对塞尔维亚唯一炼油厂 NIS的制裁，这座由俄罗斯企业控股的炼油厂将在4天内彻底停止运转，恐给塞方经济带来"大麻烦"。塞 尔维亚媒体说，由于缺乏原油供应，NIS目前已陷入困境。 法新社援引多名专家说法报道，仅靠进口难以挽救NIS。经济学家戈兰·拉多萨夫列维奇说，在塞尔 维亚燃料市场上，NIS出产的油品大约占比80%，进口仅占20%左右，"增加进口会把痛苦推后几个月， 但如果无法继续运转，NIS将面临破产"。 美国财政部外国资产控制办公室今年1月对俄石油行业施加制裁，波及NIS，制裁措施10月9日生 效。俄罗斯天然气工业石油公司、俄罗斯天然气工业股份公司分别持有NIS公司44.9%和11.3%股份，塞 尔维亚政府则持股29.9%，另有一些小股东。美国政府寻求俄方投资完全撤出NIS，本月15日要求NIS在 明年2月13日前为俄方所持股份找到买家。 据法新社报道，上周，NIS向美方提出申请，要求在出售股权谈判进行期间暂时免受制裁，但美方 尚未作出回应。 武契奇25日说，塞方将建议美国政府给NIS公司50天时间出售俄方股权。如果期限内无法完成，塞 ...

11月20日，俄罗斯中央银行开始出售储备的实物黄金，以弥补国家财政的赤字。俄罗斯央行掌握着超过2300吨的黄金储备，位居全球第五。在国家处于战争 状态的背景下，黄金已经不再只是压箱底的安全感，而是变成了用来换取现金的筹码。过去一年里，俄罗斯财政出现了三个显著的变化。首先，国家财富基 金中的黄金已经出售了大约57%，也就是232.6吨，截至11月1日，只剩下173.1吨。虽然这部分黄金与央行的储备账目不完全一致，但数量上已经足以说明， 通过出售黄金获取现金的做法已经开始实施。 其次，从账面上的调拨转向实际的实物交割，从系统中的移动变为金条的实物摆放，再转化为卢布现金。这不仅仅是一种程序，更是一种实际行动和态度的 体现。第三，相关政策也跟进了，比如取消零售黄金购买的增值税，旨在刺激国内需求。过去，央行和大机构之间调度黄金的空间很大，而现在，这一渠道 开始向普通民众开放。这些信号表明：一方面，俄罗斯在外部融资上受到压力，制裁冻结了大量外汇储备，同时油气收入减少，财政赤字不断扩大；另一方 面，内部存在限制，黄金虽多，却无法直接用于支付公务员工资或军人薪酬。这并非资金短缺，而是一种结构性困境：过去囤积黄金主要是对冲美元 ...

新华社北京11月26日电 塞尔维亚总统武契奇25日说，如果美国政府不撤销对塞尔维亚唯一炼油厂 NIS的制裁，这座由俄罗斯企业控股的炼油厂将在4天内彻底停止运转，恐给塞方经济带来"大麻烦"。塞 尔维亚媒体说，由于缺乏原油供应，NIS目前已陷入困境。 武契奇当天在电视讲话中说："塞尔维亚面临大麻烦。你（美国政府）对俄罗斯及其企业施加制 裁，结果却让我们国家受到冲击。" 武契奇说，NIS的柴油储备为5.5万吨，汽油储备为5万吨，预计可以维持到12月底。塞尔维亚矿业 和能源部长杜布拉夫卡·杰多维奇·汉达诺维奇上周说，塞政府已批准进口3.8万吨汽油和6.6万吨柴油作为 国家储备。 法新社援引多名专家说法报道，仅靠进口难以挽救NIS。经济学家戈兰·拉多萨夫列维奇说，在塞尔 维亚燃料市场上，NIS出产的油品大约占比80%，进口仅占20%左右，"增加进口会把痛苦推后几个月， 但如果无法继续运转，NIS将面临破产"。 美国财政部外国资产控制办公室今年1月对俄石油行业施加制裁，波及NIS，制裁措施10月9日生 效。俄罗斯天然气工业石油公司、俄罗斯天然气工业股份公司分别持有NIS公司44.9%和11.3%股份，塞 尔维亚政府则持股 ...

翻阅最近的数据，我们发现截至24日，美元兑换日元的国际离岸汇率已经突破1:157，面临突破160救市红线的危险，显而易见的是，市场恐慌情绪 在不断蔓延。《日经新闻》等媒体报导称，中国的反制措施正在对日本经济施加前所未有的压力。自从中国停止部分日本水产品进口，并暂停牛肉 磋商后，本就不振的经济又进一步受挫。即便高市政府宣布了一系列刺激经济的政策，显然已无法遏止市场的下跌趋势。 在全球经济舞台的复杂棋局中，日本似乎正走在一条愈发狭窄且泥泞不堪的道路上。近期高市早苗关于台湾问题的言论，引发了中国的强烈反制， 令原本就处于低迷状态的日本经济雪上加霜。从美元与日元的汇率波动到股市和债市的持续低迷，这无疑揭示了一个令人担忧的信号：当年的"经济 大国"，如今是否已近崩溃边缘？ 中国对日本光刻胶的依赖程度并没有远藤誉想象中那么"致命"。即使在先进制程领域尚有短板，但在成熟制程供应中，国产材料已能够覆盖70%的 市场需求。此外，中国在稀土、高纯度氟化氢等领域掌握着对日本经济的"生命线"。如果双方关系继续恶化，日本的半导体企业可能会面临失去中 方供应的巨大风险。 此外，需要注意的是，日本在对华出口中同样面临着巨大的风险。东京电子 ...

11月的委内瑞拉首都加拉加斯，刚刚褪去雨季的湿漉，市中心玻利瓦尔广场的空气中掺杂着咖啡的香 气。然而，在距离这一平静街角几百公里之外，多艘美军军舰正虎视眈眈，威胁着委内瑞拉的安全。 近期，美国以"缉毒"为由，在委内瑞拉附近加勒比海域部署多艘军舰。9月初以来，美军已在加勒比海 和东太平洋击沉至少21艘美方声称的"贩毒船"，造成至少83人死亡。来自美国缉毒署的报告显示，委内 瑞拉并非流入美国毒品的主要来源地。委政府多次指责美国意图通过军事威胁在委策动政权更迭，并在 拉美进行军事扩张。 记者在广场旁采访时，不少市民走过来围观，踊跃表示想接受采访，向全世界表达他们不屈、顽强的抵 抗意志。 65岁的市民珍妮特·皮诺就是其中之一。她说，十几年前她已加入民兵，这次她响应政府号召再次进行 注册。"我们已经组织动员一段时间了，统计了医院、学校和食物供应点，比如我们社区就有64个地方 可为民兵提供食物。" 采访接近尾声时，记者走进街边一家咖啡店，店主埃斯特法尼亚·乌尔比纳坦言，9月以来营业额较此前 下降了近三成，因为人们需要把钱花在生活必需品上，但好在最近生意又开始逐步回暖。 连日来，记者在委内瑞拉走访多家商超和店铺时看到，肉、 ...

Core Points - Canada has announced a new round of sanctions against Russia, marking the first time that network infrastructure suppliers have been included in the sanctions list [1] - The sanctions target 13 individuals and 11 entities, aiming to weaken Russia's military capabilities while also impacting its energy revenue and financial supporters [1] - The sanctions align with recent measures announced by the United States, European Union, and the United Kingdom, as part of a coordinated effort by the G7 to apply economic pressure on Russia [1] Summary by Sections - **Sanctions Overview** - Canada has implemented sanctions against Russian network infrastructure suppliers for the first time [1] - The sanctions include 13 individuals and 11 entities [1] - **Objectives of Sanctions** - The primary goal is to diminish Russia's military capabilities [1] - The sanctions also aim to disrupt Russia's energy revenue and financial support systems [1] - **International Coordination** - The sanctions are consistent with recent actions taken by the United States, EU, and UK [1] - The G7 foreign ministers reiterated the urgent need for an immediate ceasefire in the Ukraine crisis during their meeting [1]

Group 1 - Russia has imposed sanctions on several Ukrainian officials, including Prime Minister Shmyhal and Finance Minister Marchenko, as part of ongoing economic measures [2] - The sanctions were enacted under a presidential decree from October 2018, which aimed to respond to Ukraine's unfriendly actions against Russian citizens and entities [2] - The sanctions include freezing assets within Russia and prohibiting the import of goods produced and sold by the sanctioned individuals [2]

Core Points - Recent sanctions from Western countries against Russia, particularly targeting its oil and gas industry, have intensified, with significant implications for the Russian economy [1][3][5] - The sanctions aim to cut off funding for Russia's military operations, as oil and gas exports are crucial for its foreign exchange income [1][5] - The economic impact of these sanctions is expected to lead to a sharp decline in Russia's foreign reserves and overall revenue [1][3] Sanctions Overview - The U.S. imposed sanctions on major Russian oil companies, Rosneft and Lukoil, which account for over half of Russia's crude oil exports [1] - The EU's 19th round of sanctions includes a ban on Russian liquefied natural gas starting January 2027 and a price cap on Russian oil set at $47.6 per barrel [1][5] - Financial transaction bans have expanded to include cryptocurrency platforms, further isolating Russia economically [1][5] Economic Consequences - Russia's reliance on energy exports has made it vulnerable, with major buyers like India and China hesitating to purchase due to risks associated with dollar settlements [1][3] - The sanctions have led to a significant drop in Russia's foreign exchange reserves and a projected sharp decrease in income [1][5] - Domestic fuel shortages have arisen due to drone attacks on refineries, compounding the decline in export volumes [3] Military and Strategic Responses - President Putin has acknowledged the potential economic losses from sanctions while threatening severe responses to continued U.S. military support for Ukraine [3][5] - Despite military aggression, Russia's economic position is weakening, with military supply chains disrupted and operational capabilities hampered [5][7] Future Outlook - The sanctions are expected to have long-term effects, with Russia needing to diversify its economy to withstand future sanctions [9] - The ongoing economic pressure may lead to a reconsideration of military strategies and a potential push towards negotiations for a ceasefire [7][9] - The geopolitical landscape remains complex, with Russia's relationships with countries like China and India becoming increasingly important, albeit revealing its economic vulnerabilities [7][9]

Core Viewpoint - Recent fluctuations in international oil prices are attributed to new sanctions targeting Russia's energy sector, with Brent crude oil prices surging nearly 6% [1] Group 1: Sanctions Overview - Since the outbreak of the Russia-Ukraine conflict, Western sanctions have escalated, impacting various sectors including finance and energy, with over 30,000 sanctions imposed by October 2025 [3][5] - The initial focus of sanctions was on the financial sector, leading to significant disruptions in trade and a sharp decline in the ruble's value [3][5] - The latest round of sanctions, effective October 22, 2025, included 117 new entities and vessels, directly targeting major Russian oil companies [6] Group 2: Impact on Russian Economy - The energy sector is a critical weakness for the Russian economy, with oil and gas revenues constituting nearly 40% of GDP, and a 23% year-on-year decline in oil and gas income reported in September 2023 [8][10] - The sanctions have led to a significant reduction in oil production and an increase in unemployment from 3% in 2023 to approximately 5% by 2025 [11] - Despite a projected GDP growth of 3.6% in 2023, the forecast for 2025 has been downgraded to 0.9%, indicating a slowdown in economic activity [10] Group 3: Broader Economic Consequences - The sanctions have caused a ripple effect across various industries, with financial disruptions leading to inflation rates stabilizing above 8% and essential goods prices doubling [11] - The Russian economy has been forced to pivot towards Asian markets, but high shipping costs and discounts have eroded profits [11] - The overall impact of sanctions is likened to a chronic condition, gradually undermining economic vitality and increasing hardship for the populace [11][12] Group 4: Lessons and Future Outlook - The experience of Russia over the past three years highlights the risks of over-reliance on a single economic strategy, emphasizing the need for self-sufficiency [12][14] - In contrast, China has developed a robust industrial chain and diversified energy supply strategies, positioning itself to withstand potential sanctions [12][14]

Group 1: Economic Sanctions and Impact on Russia - The US and EU have imposed unprecedented sanctions on Russian oil companies, targeting half of Russia's crude oil exports, and have banned liquefied natural gas imports from Russia [1] - The price cap on Russian oil is set at $47.6 per barrel, significantly reducing profit margins for Russian oil sales [1][6] - Russia's attempts to redirect energy exports to countries like India and China are hindered by a diversified global energy market, which cannot fully absorb the volumes previously exported to the West [6] Group 2: Military and Strategic Responses - Russia's military response includes nuclear drills and warnings against US arms supplies to Ukraine, indicating a show of nuclear deterrence [3][12] - The effectiveness of nuclear deterrence is questioned, as both the US and Russia possess mutual assured destruction capabilities, limiting the likelihood of direct conflict [3] - Historical precedents suggest that major powers may avoid direct confrontation, opting instead for conventional or proxy warfare [3] Group 3: Future Scenarios and Political Dynamics - A potential ceasefire may emerge as Russia recognizes its inability to sustain a long-term economic and technological competition with the West [8] - The geopolitical landscape may shift, allowing Russia to balance relations with both the West and non-Western countries like China, depending on the evolving strategic needs of the US [8][12] - The ongoing sanctions highlight the importance of economic strength and technological independence for national security, as Russia's reliance on energy exports exposes its vulnerabilities [14]