According to a publication by The New York Times, strict sanctions sometimes force other states to look for alternative currencies. This is done to bypass US restrictions and reduce economic damage.
According to a publication by The New York Times, strict sanctions sometimes force other states to look for alternative currencies. This is done to bypass US restrictions and reduce economic damage.
Furthermore, this situation puts additional pressure on American banks. These financial institutions are obliged to ensure that payments are not made to individuals or companies subject to sanctions.
For instance, according to data from the National Bureau of Economic Research, banks in countries such as Russia, Belarus, and Myanmar, which are included in restriction lists, have significantly increased the use of the Chinese yuan.
The article notes that while the Trump administration is significantly changing its sanctions policy, the Graham bill is being considered. This is because excessive financial pressure can undermine the effectiveness of America's foreign policy.
According to The Wall Street Journal, the US administration is considering introducing a financial guarantee system of about $100,000 for citizens of certain countries when obtaining permanent residency—a green card.
The exact amount of the deposit has not yet been established and may vary depending on the applicant's situation, meaning it could be more or less than the stated amount. The Department of Homeland Security proposed introducing such a system initially in a pilot mode for a number of countries, but the specific list of these countries has not been disclosed at this time.
It is emphasized that this deposit will serve as a specific insurance function for the American government: if an immigrant cannot independently provide for their material maintenance, it is assumed that funds from this deposit will be used.
According to a representative of the Department, Tommy Pigott, Donald Trump has repeatedly insisted that people entering the US must be completely financially independent. Under the plan, certain applicants who apply through US embassies abroad will have to pay the corresponding sum. This money will only be returned to the owner after they obtain American citizenship.
It should be noted that the process of obtaining US citizenship takes at least five years.
