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
Al Mayadeen's correspondent in Turkey: A new attack in the Black Sea targets a Georgia-bound Russian ship
Palestinian press sources: Two Israeli occupation soldiers were injured in the operation
Palestinian press sources: The man who carried out the stabbing operation at the entrance to a settlement north of Ramallah in the occupied West Bank has been martyred
Israeli media report on a stabbing operation in the Ma'ayan Atarot area, confirm the attacker was killed, with one injury reported in the area
Senate Democratic Leader Chuck Schumer: Law enforcement agencies in New York have informed me of bomb threats targeting several of my offices.
IOF storm Al-Ahli Hospital, vicinity of Al-Mizan Hospital, and Mohammed Ali Al-Muhtaseb Hospital in al-Khalil.
Iraqi sources told Al Mayadeen that reports that Barrack conveyed warnings to Iraq about an Israeli strike if any Iraqi party supports Hezbollah are false.
Pope Leo XIV: Peacemakers do not flee, but dare to stay even if it costs them some sacrifice.
The Pope to the Lebanese: You are a diverse country and a community made up of communities united by one language, the language of hope, which has allowed you to start anew.
Pope Leo XIV to the Lebanese: You are a people who do not give up, but a people who persevere in the face of difficulties and know how to be reborn.

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 

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

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The Resistance Front and BRICS

  • Opinion
  • 29 Nov 2025
Four killed, ten wounded in targeted California shooting in Stockton

Four killed, 10 wounded in 'targeted' California shooting

  • US & Canada
  • 30 Nov 2025
Point-blank killings: 'Israel' executes 2 Palestinian youths in Jenin

Graphic footage: IOF execute 2 Palestinians from point blank in Jenin

  • Politics
  • 27 Nov 2025

Coverage

All
In Five

Read Next

All
US Ambassador to Turkey Tom Barrack speaks during the Concordia Annual Summit in New York, Wednesday, September 24, 2025 (AP)
Politics

Iraqi sources deny US warning of Israeli attack on Lebanon: Exclusive

People walk through a street in the old city of Homs, Syria, Friday, November 21, 2025 (AP)
Politics

US cautions Israeli occupation against escalation in Syria

Members of the International Committee of the Red Cross (ICRC) arrive at the site where Hamas militants are searching for the remains of captives in Jabalia, northern Gaza Strip, Monday, December 1, 2025 (AP)
Politics

Gaza death toll surpasses 70,000 as victims remain under rubble

Pope Leo XIV meets the Greek Orthodox Patriarch of Antioch John X Yazigi, left, and spiritual leader of Lebanon's Druze community Sheikh Sami Abi al-Mona in the Martyrs' Square, in Beirut, Monday, December 1, 2025 (AP)
Politics

Pope Leo XIV calls for unity, coexistence during Lebanon visit

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