Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian platforms: Settlers storm Al-Aqsa Mosque complex under the protection of the occupation police
Palestinian platforms: The IOF detonated a booby-trapped robot east of the al-Zaytoun neighborhood, south of Gaza City
Syrian Defense: We call on all parties in Sweida to cooperate with security forces and exercise restraint
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street

Lavrov: Russia will stand with Venezuela as US freezes foreign assets

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Jul 2022 17:46
2 Min Read

Russia to support Venezuela's economy in the face of the continuous attempts by the US to contain its economy.

  • x
  • Lavrov: Russia will stand with Venezuela in the face of the US
    Russia could help shield Venezuela’s economy from continuing US attempts to undermine it.

Given that the US had frozen overseas assets for both Venezuela and Russia, Russian Foreign Minister Sergey Lavrov said, on Monday, that his country could help shield Venezuela’s economy from continuous US attempts to undermine it. 

At a press conference in Moscow, after Russia had hosted Venezuelan Foreign Minister Carlos Faria, Lavrov declared that "we know how determined the Americans and their allies were and still are to undermine the Venezuelan economy. We can already see that these plans will not succeed. The Venezuelan economy is demonstrating the ability to withstand this pressure. Of course, we will help it in any way we can."

The two counterparts agreed that the US determination to block assets of sovereign states held in foreign accounts was “not just blatant robbery... but a gross violation of social and economic rights of the citizens," Lavrov said.

Related News

OPEC lowers oil demand forecast amid China slowdown, green shift

BRICS summit kicks off in Rio with expanded membership, global goals

In the past months, the United States has been spearheading a western campaign to impose sanctions on Russia in light of the war in Ukraine, which saw Moscow coming under a tide of draconian comprehensive sanctions, including restrictions on the Russian central bank, export control measures, SWIFT cutoff for select banks, and closure of airspace to all Russian flights. Many of their companies have suspended their Russian operations.

On June 2, the British newspaper The Guardian said Russia is winning the economic war the western nations have been waging with an aim to force it to back down on Ukraine.

Economic sanctions against Moscow resulted in a hike in the prices of global fuel and food, which boosted Russia's trade balance, financed its operation, and put a significant strain on Western economies, according to the daily.

Earlier, Hungarian Prime Minister, Viktor Orban, said that Europe is "dancing" on the brink of a global economic crisis because of sanctions against Russia.

  • global south
  • frozen assets
  • Russia
  • Venezuela
  • Latin America

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS