Western nations have announced more sanctions against Russia. The punitive measures from Washington include sanctions on Russia's largest bank and President Vladimir Putin's adult daughters, as well as a ban on American investment in Russia. The sanctions, however, exclude energy transactions. The ...
Russia's economy has been hit hard by sanctions from Western countries. But the sanctions have also created dilemma for many Western companies, as they may find it difficult to make decisions between a hasty exit or staying on, with the prospects of the collapse of ruble, and ...
BRUSSELS, June 5 (Xinhua) -- The EU on Friday adopted a sixth sanctions package against Russia, poised to phase out almost 90 percent of Russian oil imports into the bloc by the end of the year. By targeting Russia's oil exports, the EU is trying to wean itself off the oil supplies ...
GLOBALink | West continues to ramp up sanctions on Russia, Canadian PM announces more military aid to Ukraine Source: Xinhua Editor: huaxia 2022-05-09 16:34:280:00 /0:00 The U.S. and its Western allies on Sunday announced new sanctions against Russia over the Ukraine crisis. Meanwhile, ...
Narrator: After Ukrainian President, Volodymyr Zelenskyy, said the west sanctions on Russia were not enough to prevent further Russian attacks on his country, a powerful coalition representing some of the world’s biggest democracies announced it would block some Russian banks from SWIFT. The move ...
(MFN) status on 12 March 2022, rescinding many of the benefits that Russia enjoyed as aWTOmember. Accordingly, Russian companies will no longer receive privileged treatment, notably preferred import tariffs in the US market. This, together with other bans on Russia’s exports (e.g., energy,...
February 28, 2022 at 01:01 am EST Share SINGAPORE (Reuters) - Singapore will impose "appropriate sanctions and restrictions" on Russia, its foreign minister said on Monday, including banking and financial measures and export controls on items that could be used as weapons agains...
Biden on Friday called on Congress to pass Ukraine aid, which has stalled since House Speaker Mike Johnson blocked votes on aid passed by the Senate for Ukraine and other countries. “Russia is taking Ukraine territory for the first time in many months,” Biden said. “But here in America,...
The European Commission said crypto assets fell under the scope of “transferable securities,” adding that loans and credit provided using crypto would not be permitted as part of sanctions against Russia and Belarus.
EU leaders will have a two-day meeting in Brussels on Thursday and Friday, to discuss further steps and sanctions against Russia, because of the Russia-Ukraine conflict that broke out almost a month ago. Some proposals call on the extension of EU sanctions to Russian energy companies, according...