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
CNN says Trump has not yet decided how to proceed and is still assessing the risks and benefits of launching a broader military campaign against Venezuela.
US Secretary of War announces launch of Operation Southern Spear against alleged drug-trade-linked “terrorists” in the Western Hemisphere.
Venezuelan Foreign Minister: We reaffirm our commitment to Bolivarian diplomacy for peace and our legitimate right to defend our sovereignty.
Venezuelan Foreign Minister: The US administration is the aggressor, through the militarization of the Caribbean region and its threats against the Venezuelan people.
Venezuelan Foreign Minister, in a message to Guterres, says: We condemn equating Venezuela and the United States as two equal parties when calling for a reduction of tensions.
An Israeli drone attacked a vehicle in the town of Toul, Nabatieh District: Al Mayadeen's correspondent
Barrack: Damascus will now actively assist us in confronting and dismantling the remnants of ISIS, the IRGC, Hamas, Hizballah, and other networks
On the visit of Syrian President Ahmad al-Sharaa to the White House, US envoy Tom Barrack: This week marks a decisive turning point in the modern history of the Middle East
Israeli media citing Occupation President Herzog: I received official request from Trump to consider pardoning Netanyahu
Maduro: The comprehensive defense command, which unites all public military institutions and all popular forces, must be activated in the early hours of this morning

Investment banking veteran: anti-Russia sanctions results in new bloc

  • By Al Mayadeen Engish
  • Source: Agencies
  • 3 Nov 2022 15:55
2 Min Read

Former Lehman Brothers executive Lawrence McDonald says that anti-Russia sanctions are counterproductive and making rom for sanctioned countries to form a new world bloc.

  • x
  • Former Lehman Brothers executive Lawrence McDonald (CNBC)
    Lawrence McDonald (CNBC)

Former Lehman Brothers executive Lawrence McDonald told Sputnik that the US' efforts to isolate Russia through sanctions appear to be pulling nations closer to forming a bloc.
 
When McDonald asked whether the US' anti-Russia sanctions were effective, he said "Russia is going around them through a lot of different avenues, like through China," adding that "The BRICS [Brazil, Russia, India, China, and South Africa] are essentially forming this - look at the way the Saudis and the Russians are cooperating - the BRICS are forming like an alliance around the United States. Very dangerous moves the United States makes, they're pushing these countries together as a bloc." 
 
The former executive noted that Russia's central bank was proactive and prepared to respond to all possible US sanctions against Russia and its people.

US pressures Turkey to take a tougher stance on Russia 

Related News

US banking crisis to worsen if structural problem not addressed

US officials, in talks with their Turkish counterparts, addressed compliance with financial sanctions imposed on Russia regarding the war in Ukraine - this comes as the latest move from the West to pressure Turkey into taking a tougher stance towards Russia. 

Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the US Treasury, led a delegation to meet the Turkish governor of the central bank, along with business groups in both Istanbul and Ankara earlier last month. 

This visit came shortly after Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin held discussions in Astana, Kazakhstan. The meeting led the two leaders to agree to boost energy ties and to set up an international gas hub in Turkey, allowing Turkey to become a key route for Russian energy flows into Europe, particularly after the West blew up Nord Streams 1 and 2. 

Read more: Western sanctions against Russia to end US hegemony: Venezuelan MP

  • Lehman brothers
  • sanctions
  • Investment Banking
  • Russia
  • US
  • Sanctions on Russia

Most Read

Yemen busts CIA-Mossad-Saudi spy network operating from Saudi Arabia

Yemen busts CIA-Mossad-Saudi spy network operating from Saudi Arabia

  • Politics
  • 8 Nov 2025
US-backed ‘New Gaza’ plan draws Arab fury over 'partition' fears: FT

US-backed ‘New Gaza’ plan draws Arab fury over 'partition' fears: FT

  • Politics
  • 8 Nov 2025
The Western imperialists are not make-believe imperialists, but the real thing. All of their cruelty and uncaring of human life and dignity stand bare today for the entire world to see. (Al Mayadeen English; Illustrated by Batoul Chamas)

Imperialism and the war in Ukraine

  • Opinion
  • 10 Nov 2025
Exclusive: Al Mayadeen obtains IAEA report on Iran’s nuclear program

Exclusive: Al Mayadeen obtains IAEA report on Iran’s nuclear program

  • West Asia
  • 13 Nov 2025

Coverage

All
In Five

Read Next

All
95 Gaza medics detained by 'Israel' as health system nears collapse
Health

95 Gaza medics still detained by 'Israel' amid collapsed health system

US Ambassador to Turkey Tom Barrack listens during a meeting between President Donald Trump and Turkish President Recep Tayyip Erdogan in the Oval Office of the White House, Thursday, Sept. 25, 2025, in Washington (AP)
Politics

'Make me smile': Email exposes Barrack link to sex trafficker Epstein

Paramount accused of silencing Hollywood voices on Gaza
Arts and Culture

Paramount accused of silencing Hollywood voices against Gaza genocide

The US designates four European antifa groups as terrorist organizations.
US & Canada

US designates 4 European Antifa groups as 'terrorist organizations'

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