TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

FATF is set to bring charges against Russia that are set to fail

TFIGLOBAL News Desk by TFIGLOBAL News Desk
June 6, 2023
in Geopolitics
FATF is set to bring charges against Russia that are set to fail
Share on FacebookShare on X

The global economy has been persistently fragile for several years. With the United States reaching its debt ceiling and Germany already in a recession, it appears that a global downturn is on the horizon. Against this backdrop, the Financial Action Task Force’s (FATF) proposal to bring charges against Russia threatens to exacerbate global economic instability.

To understand the magnitude of this, one must consider the implications of a blacklist by FATF. The blacklist is currently limited to North Korea, Iran, and Myanmar. Blacklisting Russia would severely impede its trade abilities and economic performance. But there’s an inherent catch: European nations depend heavily on Russia for resources, especially energy. Thus, backing such charges against Russia might not be a popular move within the European bloc.

Also Read

India and Russia further military integration, ready deals for S-400, R-37 missiles and Sukhoi jets

Putin continues his march, now Luhansk announced as 100% liberated region of Russia

Estonia to host NATO’s F-35 nuclear capable jets to encircle Russia, as Moscow prepares its response

Past attempts at economic containment of Russia have also proven to be less than successful. The sanctions imposed by the West failed to isolate Russia, rather, they inadvertently catapulted the Russian Ruble into becoming one of the strongest currencies. Russia has successfully navigated the tumultuous waters of economic sanctions, leveraging its abundant resources and demonstrating its global significance.

The Global-View

It is also worth mentioning the diplomatic dynamics in play. The Gulf Cooperation Council (GCC), which maintains close ties with Moscow, is unlikely to support such charges. The GCC’s decision would significantly influence the course of action taken by the FATF, given the Council’s importance in the global financial ecosystem.

Source: ABC

An often-overlooked European player, France, might also object to the proposed charges. France’s traditional advocacy for peace and stability in Europe contrasts sharply with the disruptive consequences of such punitive measures against Russia. The potential destabilization of Europe would directly conflict with France’s interests and strategic objectives.

Moreover, the move appears to be another attempt by the West to discredit Russia amid the ongoing conflict with Ukraine. Ukraine’s appeal to place Russia on the FATF grey list seems more of a geopolitical maneuver than a measure rooted in substantiated claims of financial impropriety.

Source: Middle East Eye

This charge against Russia comes at a particularly delicate time for the world economy, with nations reliant on Russia, such as India and China, set to be directly impacted by such sanctions. These countries, forming a considerable portion of the global economy, are unlikely to stand by while their economic stability is jeopardized.

Read More: South Africa’s naval exercise invites FATF to its doorstep

To sum it up, the FATF’s proposed charges against Russia are expected to fail, given the current global economic climate and Russia’s proven resilience against previous sanctions. Instead of isolating Russia, such a move could lead to increased economic volatility and impede global recovery efforts. With several countries, including those within the GCC, and economic powerhouses like India and China likely to oppose the charges, it becomes apparent that FATF’s attempt may be futile.

Rather than resorting to economic sanctions, global entities should foster diplomatic dialogues to resolve conflicts. In these uncertain times, it is essential to prioritize economic stability over politically motivated financial charges. The world cannot afford to stoke the flames of economic unrest further, particularly against a country as influential as Russia.

Watch More: 

 

Tags: BlacklistEconomicPolicyEconomicSanctionsFailedChargesFATFFATFvsRussiaGeopoliticsGlobalEconomyInternationalNewsRussiaUpdates Updates
ShareTweetSend
TFIGLOBAL News Desk

TFIGLOBAL News Desk

Right Arm. Round the World. Fast.

Also Read

Is Zohran Mamdani Trump’s Worst Nightmare?

Trump’s Worst Nightmare? The Contradictions and Complexities of Zohran Mamdani

July 1, 2025
India and Russia further military integration, ready deals for S-400, R-37 missiles and Sukhoi jets

India and Russia further military integration, ready deals for S-400, R-37 missiles and Sukhoi jets

July 1, 2025
Putin continues his march, now Luhansk announced as 100% liberated region of Russia

Putin continues his march, now Luhansk announced as 100% liberated region of Russia

July 1, 2025
Western ships using fake China and Russia signals to escape Iran’s wrath in the Red Sea

Western ships using fake China and Russia signals to escape Iran’s wrath in the Red Sea

July 1, 2025
Is Russia’s FSB Crackdown Fueling Azerbaijan’s Journalist Arrests?

Is Russia’s FSB Crackdown Fueling Azerbaijan’s Journalist Arrests?

July 1, 2025
Kim Jong Mourns Fallen North Korean Troops Killed in Ukraine War

Kim Jong Un Mourns Fallen North Korean Soldiers Killed in Ukraine War, Confirms Combat Deaths in Russia’s Kursk Region

July 1, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.