About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “U.S. Cuts Visa Services in Moscow as Russia Squeezes Embassy” – below is their description.
The U.S. Embassy in Moscow said it would slash visa and consular services following a Russian ban on hiring local staff in the latest fallout from tensions between the former Cold War rivals.
The Russian hiring restriction will force a 75% cut in the consular work force, the embassy said in a website statement, and services will be restricted to a minimum starting May 12.
Russia announced the new limits on April 16 as part of series of retaliatory moves against the U.S. decision to expel 10 Russian diplomats and impose new sanctions for Moscow’s alleged role in the SolarWinds cyberattack and meddling in the U.S. election last year. The Kremlin denies those charges.
Kremlin spokesman Dmitry Peskov played down the impact of the restrictions, noting that U.S. visa services have been limited for at least a year amid the pandemic. “The source of all this was the unfriendly actions of the United States,” he said.
Peskov said the Kremlin is disappointed with the first 100 days of the administration of President Joe Biden. “We expected better,” he said, saying the positive of the extension of the New Start nuclear-arms agreement was offset by the “burden of negative that we accumulated over these 100 days” in the relationship.
The embassy moves are the latest in a widening diplomatic battle between Russia and the West. Several east European nations expelled Russian envoys after the Czech Republic accused Moscow’s secret services of responsibility for a deadly 2014 blast. Russia responded by ousting diplomats from those countries.
The Kremlin is planning to expand the ban on local employees for embassies to a series of what it calls “unfriendly” countries, but hasn’t released that list yet. Russia doesn’t use local employees at its diplomatic posts, but many foreign embassies rely on them for visa issuance and other services.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: Czech Republic
Czechoslovakia was restored in 1945 until 1 January 1993 when it dissolved with its constituent states becoming the independent states of the Czech Republic and Slovakia. The Czech Republic is a member of NATO, EU, OECD, OSCE and CoE.
The Czech Republic is a developed country with an advanced, high income social market economy.
2 Recent Items: Czech Republic
In This Story: Joe Biden
Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.
He is married to Dr Jill Biden.
Books by Joe Biden #Ad
6 Recent Items: Joe Biden
In This Story: Moscow
Moscow, on the Moskva River in western Russia, is the nation’s cosmopolitan capital. In its historic core is the Kremlin, a complex that’s home to the president and tsarist treasures in the Armoury. Outside its walls is Red Square, Russia’s symbolic center. It’s home to Lenin’s Mausoleum, the State Historical Museum’s comprehensive collection and St. Basil’s Cathedral, known for its colorful, onion-shaped domes.
2 Recent Items: Moscow
In This Story: Russia
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.