Sanctions against Russia and what the G7 may do to fortify them
1 year, 7 months ago

Sanctions against Russia and what the G7 may do to fortify them

Associated Press  

HIROSHIMA, Japan — The Group of Seven advanced economies are expected to announce a new set of sanctions against Russia to try to further hinder its war effort in Ukraine during their summit in Hiroshima, Japan. On Friday, the United Kingdom announced new sanctions targeting Russian seizures of Ukrainian grain, advanced military technology and Moscow’s remaining revenue sources. On Friday, the Department of State announced new sanctions on more than 200 entities, individuals, vessels and aircraft, targeting Russia’s energy, military, technology, and metals and mining sectors. A top Treasury Department official said U.S. sanctions and export controls have degraded Russia’s ability to replace more than 9,000 pieces of military equipment lost in the war. Russia’s exports to China, India and Turkey have surged since sanctions were imposed following the invasion of Ukraine, while those to Western countries and their allies Japan and South Korea have fallen sharply.

India China Military War Ukraine Russia Japan Sanctions Companies Countries Putin Russian Ukrainian Other Countries Russians New Sanctions  russias  war  military  fortify  president  ukraine  sanctions  g7  russian  russia  companies  countries

History of this topic

UK announces fresh sanctions on Russian energy
5 days, 13 hours ago

UK announces fresh sanctions on Russian energy

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK has announced a fresh wave of sanctions on …

EU sanctions against Russia over Ukraine war targets its ‘shadow fleet’, China
1 week ago

EU sanctions against Russia over Ukraine war targets its ‘shadow fleet’, China

Hindustan Times  

The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher measures against Chinese entities and more vessels from Moscow's so-called shadow fleet, the EU Commission said in a statement on Monday. "Namely one individual and two entities facilitating the circumvention of EU sanctions, and four entities supplying sensitive drone components and …

EU slaps sanctions on dozens more Russian officials and targets its shadow oil and gas fleet
1 week ago

EU slaps sanctions on dozens more Russian officials and targets its shadow oil and gas fleet

Associated Press  

BRUSSELS — The European Union on Monday imposed fresh sanctions on dozens of officials linked to Russia’s war on Ukraine, including two top North Korean defense officials, a military unit blamed for an attack on a Kyiv children’s hospital and the heads of companies in the energy sector. Russia’s vast shadow fleet of ships that Moscow is exploiting to skirt …

Russia signs $13bn-a-year oil deal with India in blow to Western sanctions
1 week, 4 days ago

Russia signs $13bn-a-year oil deal with India in blow to Western sanctions

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Russian state-owned oil firm Rosneft …

EU targets Russia’s ghost fleet shipping oil in a new round of sanctions
Trending News
1 week, 5 days ago

EU targets Russia’s ghost fleet shipping oil in a new round of sanctions

Associated Press  

BRUSSELS — European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine, targeting in particular a vast shadow fleet of ships that Moscow is exploiting to skirt restrictions on transporting oil and fuel, the EU’s Hungarian presidency said on Wednesday. The sanctions are aimed at about 50 of what are routinely decrepit ships …

EU shares with India inputs on Indian entities making supplies to Russia in 'violation' of G7 sanctions
1 week, 6 days ago

EU shares with India inputs on Indian entities making supplies to Russia in 'violation' of G7 sanctions

Hindustan Times  

New Delhi, The European Union has provided India with inputs on the alleged involvement of certain Indian entities in supplying "high priority" goods with possible military application to Russia in violation of Western sanctions, people familiar with the development said. EU shares with India inputs on Indian entities making supplies to Russia in 'violation' of G7 sanctions EU Sanctions Envoy …

Russia loosens rules for fossil fuel payments by foreign countries to bypass US sanctions
2 weeks, 3 days ago

Russia loosens rules for fossil fuel payments by foreign countries to bypass US sanctions

Firstpost  

The loosening of payment rules comes as Russia grapples with economic challenges stemming from the sanctions Russian President Vladimir Putin has eased the process of making payments for fossil fuels for foreign countries. The move to ease payments, announced Thursday in an order by President Vladimir Putin, seeks to mitigate the financial impact of new US sanctions designed to curb …

The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war
1 month ago

The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war

Associated Press  

WASHINGTON — Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday — in a move intended to curtail Russia’s ability to evade the thousands of sanctions imposed on the nation since the start of Russia’s invasion of Ukraine in February 2022. Treasury Secretary Janet Yellen said the sanctions targeting Russia’s largest remaining …

UK hits Iran with new sanctions for supplying missiles to Russia
1 month ago

UK hits Iran with new sanctions for supplying missiles to Russia

Associated Press  

LONDON — The U.K. government hit Iran with new sanctions Monday for sending ballistic missiles and other weapons to Russia to support the war against Ukraine. “Iran’s attempts to undermine global security are dangerous and unacceptable,” Foreign Secretary David Lammy said in a statement in advance of announcing the sanctions at the U.N. Security Council. “Alongside our international partners, we …

US sanctions 398 firms in more than a dozen countries, accusing them of helping Russia's war effort
1 month, 3 weeks ago

US sanctions 398 firms in more than a dozen countries, accusing them of helping Russia's war effort

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.S. on Wednesday imposed …

Russia's adaptability to US sanctions stymied their effectiveness, economists say
2 months, 3 weeks ago

Russia's adaptability to US sanctions stymied their effectiveness, economists say

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

U.K. sanctions ten ships from Russia’s ‘shadow fleet’
3 months, 1 week ago

U.K. sanctions ten ships from Russia’s ‘shadow fleet’

The Hindu  

The U.K. government, on Wednesday, announced sanctions on a “shadow fleet” of ten Russian oil tankers that it has alleged were circumventing Western oil sanctions. The European Union and Group of Seven countries, including the U.K., are among those who have participated in U.S.-led sanctions on Russian oil, with petroleum being a critical source of funding for Russia’s war with …

Sanctions on Russia-related trade unwarranted, high- and heavy-handed: China Daily editorial
3 months, 3 weeks ago

Sanctions on Russia-related trade unwarranted, high- and heavy-handed: China Daily editorial

China Daily  

It is only natural that those countries whose targeted entities have been conducting normal business with Russia according to international law should vent their spleen at the US' long-arm jurisdiction, as it impedes normal international economic and trade exchanges, and harms the stability of the global industry and supply chains. The move bars the sanctioned entities that are mainly supplying …

US sanctions hundreds of firms accused of supplying Russia’s war machine
4 months ago

US sanctions hundreds of firms accused of supplying Russia’s war machine

Associated Press  

WASHINGTON — The U.S. imposed sweeping sanctions Friday on hundreds of firms in Russia and across Europe, Asia and the Middle East, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions. Friday’s action is the latest in a series of thousands of U.S. sanctions that have been imposed on Russian …

Russia bans entry of 13 Japanese executives in response to Japan’s ongoing sanctions
4 months, 4 weeks ago

Russia bans entry of 13 Japanese executives in response to Japan’s ongoing sanctions

The Hindu  

Russia has banned the head of Toyota and 12 other senior Japanese business figures from entering the country, prompting a protest by Tokyo on July 24. The list published by Russia's foreign ministry on Tuesday includes Toyota chairman Akio Toyoda, Rakuten chief Hiroshi Mikitani and Akihiko Tanaka, president of the government-backed Japan International Cooperation Agency. The decision was a "response …

Kremlin warns US after strike on Crimea kills 4
5 months, 3 weeks ago

Kremlin warns US after strike on Crimea kills 4

China Daily  

The Kremlin has blamed the United States for an attack on Crimea with a US-supplied missile loaded with a cluster warhead that killed at least four people and injured 151, warning that retaliation would follow. Russia's special military operation in Ukraine has deepened a crisis in relations between Russia and the West, and Russian officials said the conflict is entering …

Russia- Ukraine War: EU sanctions 19 Chinese firms over Beijing’s support for Russia’
5 months, 4 weeks ago

Russia- Ukraine War: EU sanctions 19 Chinese firms over Beijing’s support for Russia’

Live Mint  

The European Union Monday imposed sanctions on 19 Chinese companies aimed at punishing what the West believes is Beijing's support for Russia's war in Ukraine. The 14th package of sanctions against Russia added 61 new companies to the list of entities accused of directly "supporting Russia's military-industrial complex" in the war in Ukraine, bringing the total to 675 firms. Among …

By toeing Washington's line on China, Tokyo will harm itself
5 months, 4 weeks ago

By toeing Washington's line on China, Tokyo will harm itself

China Daily  

File photo of Japanese Prime Minister Fumio Kishida. The Fumio Kishida government announced sanctions against some foreign entities, including several Chinese companies, for their alleged support to Russia in the Ukraine crisis on Friday. Under the framework of international law, China has the right to carry out normal economic and trade cooperation with all countries, including Russia. China firmly opposes …

By toeing Washington's line on China, Tokyo will harm itself
5 months, 4 weeks ago

By toeing Washington's line on China, Tokyo will harm itself

China Daily  

File photo of Japanese Prime Minister Fumio Kishida. The Fumio Kishida government announced sanctions against some foreign entities, including several Chinese companies, for their alleged support to Russia in the Ukraine crisis on Friday. Under the framework of international law, China has the right to carry out normal economic and trade cooperation with all countries, including Russia. China firmly opposes …

Bengaluru tech firm among 10 companies facing sanctions from Japan for 'helping' Russia
5 months, 4 weeks ago

Bengaluru tech firm among 10 companies facing sanctions from Japan for 'helping' Russia

Hindustan Times  

A Bengaluru-based technology firm is among several international companies targeted by Japan with sanctions, accusing them of aiding Russia in circumventing economic penalties imposed by Western nations due to its invasion of Ukraine. The Japanese Foreign Ministry announced punitive actions against at least 10 companies from countries such as China, Kazakhstan, Uzbekistan, the United Arab Emirates, and India. The Japanese …

Ukraine war may erupt again as G7 backs Zelensky with hardware
6 months, 1 week ago

Ukraine war may erupt again as G7 backs Zelensky with hardware

Hindustan Times  

New Delhi: With the G-7 countries committed to stand with Ukraine at Apulia, the Ukraine-Crimea front is all set to reignite with Russia threatening to long -range weapons to adversaries of the west. According to authoritative officials, the Ukraine front will become heated in the coming days with France ready to put troops on ground, UK supplying 300 km range …

Putin calls G7 deal on frozen Russian assets for Ukraine loan ‘theft’
6 months, 1 week ago

Putin calls G7 deal on frozen Russian assets for Ukraine loan ‘theft’

Al Jazeera  

Western countries have agreed to use interest on frozen Russian assets to give Ukraine a $50bn loan. Russia’s President Vladimir Putin denounced an agreement by Western countries to provide Ukraine with a loan package using frozen Russian assets and pledged retaliation. Following the announcement at the G7 annual summit in Italy, US President Joe Biden said the frozen assets agreement …

US expands Russia sanctions, targeting entities in China, UAE and Turkey
6 months, 1 week ago

US expands Russia sanctions, targeting entities in China, UAE and Turkey

Al Jazeera  

Washington’s latest sanctions announcement comes as US President Joe Biden attends the G7 summit in Italy. The United States has rolled out new sanctions against more than 300 individuals and firms accused of aiding Russia’s war effort in Ukraine, including entities in China, South Africa, the United Arab Emirates and Turkey. In remarks carried by Russia’s state-run TASS news agency, …

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
6 months, 1 week ago

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

Associated Press  

The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where the top priorities will be boosting support for Ukraine and grinding down Russia’s war machine. Wednesday’s package targeted Chinese companies which help Russia pursue its war in Ukraine and raised the stakes for foreign financial institutions which work with …

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
6 months, 1 week ago

US widens sanctions on Russia to discourage countries such as China from doing business with Moscow

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Wednesday's package targeted Chinese companies …

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets
6 months, 4 weeks ago

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

Associated Press  

FRANKFURT, Germany — Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries. “We are making progress in our discussions on potential avenues to bring forward the extraordinary profits stemming from immobilized Russian sovereign assets to the benefit …

US sanctions hundreds of individuals, firms over Russia’s war in Ukraine
7 months, 3 weeks ago

US sanctions hundreds of individuals, firms over Russia’s war in Ukraine

Al Jazeera  

The United States has imposed new sanctions on hundreds of individuals and firms linked to Russia’s war in Ukraine, accusing Moscow of illegally using chemical weapons against Ukrainian forces. US officials on Wednesday announced measures targeting more than 280 entities in their latest effort to paralyse Russia’s military and industrial capabilities, including 20 firms based in China and Hong Kong. …

New Russia sanctions target weapons development and countries assisting in sanctions evasion
7 months, 3 weeks ago

New Russia sanctions target weapons development and countries assisting in sanctions evasion

Live Mint  

WASHINGTON — The U.S. on Wednesday imposed new sanctions on hundreds of firms and people tied to Russia's weapons development program, more than a dozen Chinese firms accused of helping Russia find workarounds to sanctions and individuals tied to the death of Russian dissident Alexey Navalny. The sanctions imposed by the Treasury and State departments target Russia’s military-industrial base, chemical …

G7 ministers eye targeted sanctions on Iran and a message of restraint for Israel at Italy meeting
8 months ago

G7 ministers eye targeted sanctions on Iran and a message of restraint for Israel at Italy meeting

Associated Press  

CAPRI, Italy — Group of Seven foreign ministers are meeting on the Italian resort island of Capri, with the agenda topped by calls Wednesday for targeted new sanctions against Iran over its attack against Israel and more aid to Ukraine to fight Russia’s war. Italian Foreign Minister Antonio Tajani told The Associated Press on Wednesday that Italy supported targeted new …

Why has the EU sanctioned Indian, Chinese companies for Russia links?
9 months, 3 weeks ago

Why has the EU sanctioned Indian, Chinese companies for Russia links?

Al Jazeera  

The latest sanctions, coinciding with the anniversary of the Ukraine war, touch New Delhi, Beijing for the first time. A day before the two-year anniversary of Russia’s invasion of Ukraine, the European Union released an exhaustive new list of companies, entities or people in countries including Russia, India, Iran, China and Syria, that it said it was sanctioning over allegations …

US deliberately turns deaf ear to China's call for it to stop prolonging the Ukraine conflict: China Daily editorial
9 months, 4 weeks ago

US deliberately turns deaf ear to China's call for it to stop prolonging the Ukraine conflict: China Daily editorial

China Daily  

A man looks at a crater formed by recent shelling in the course of Russia-Ukraine conflict near a restaurant building in Donetsk, Feb 25, 2024. In partnership with the United Kingdom and European Union, the Joe Biden administration announced more than 600 sanctions and penalties on Russia and its military industry on Friday — the largest round of sanctions since …

So many sanctions on Russia. How much impact do they really have?
10 months ago

So many sanctions on Russia. How much impact do they really have?

Associated Press  

WASHINGTON — So many sanctions. Many of the new sanctions target Russian firms that contribute to the Kremlin’s war effort — everything from drone and industrial chemical manufacturers to machine tool importers. The Group of Seven allies in December 2022 imposed a $60 per barrel price cap on Russian oil, hoping to limit Russia’s revenues from fossil fuels. Treasury Deputy …

U.S. Piles New Sanctions On Russia For Ukraine War's 2nd Anniversary, Navalny's Death
10 months ago

U.S. Piles New Sanctions On Russia For Ukraine War's 2nd Anniversary, Navalny's Death

Huff Post  

LOADING ERROR LOADING WASHINGTON — The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony. The U.S. Treasury Department plans Friday to impose more than 500 …

US and EU pile new sanctions on Russia for the Ukraine war’s 2nd anniversary and Navalny’s death
10 months ago

US and EU pile new sanctions on Russia for the Ukraine war’s 2nd anniversary and Navalny’s death

Associated Press  

WASHINGTON — The United States and European Union on Friday heaped hundreds of new sanctions on Russia in connection with the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony. The U.S. government imposed roughly 600 new sanctions on Russia and its war …

US to impose 500 new sanctions on Russia's ‘war machine’; indicts Russian businessmen
10 months ago

US to impose 500 new sanctions on Russia's ‘war machine’; indicts Russian businessmen

Hindustan Times  

The Treasury Department plans to impose more than 500 new sanctions on Russia and its war machine on Friday as the US vows to keep up its financial pressure on Moscow with the war entering its third gruelling year. The White House had promised major sanctions in response to the death last week of Russian President Vladimir Putin's most prominent …

US to impose sanctions on over 500 targets in Russia amid war with Ukraine
10 months ago

US to impose sanctions on over 500 targets in Russia amid war with Ukraine

Live Mint  

The United States is planning to impose sanctions on more than 500 targets involved in Russia's war in Ukraine. The package will be the latest of thousands of sanctions targeting Moscow announced by the United States and its allies following Russia's 2022 invasion of Ukraine, which has killed tens of thousands and reduced cities to rubble. The Us and other …

Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death
10 months ago

Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death

NPR  

Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death Enlarge this image toggle caption Sergey Guneev, Sputnik, Kremlin Pool Photo/AP Sergey Guneev, Sputnik, Kremlin Pool Photo/AP The United States is imposing sanctions on more than 500 targets connected to Russia's war machine and the death of Russian opposition leader Alexei Navalny, the government said Friday. …

U.S., EU add sanctions on Russia for Ukraine war, Navalny’s death
10 months ago

U.S., EU add sanctions on Russia for Ukraine war, Navalny’s death

LA Times  

The United States and the European Union are piling new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony. The 27-nation bloc also said that it was targeting scores of Russian officials, including “members of …

US to impose sanctions on 500 targets in Russia to mark Ukraine war anniversary
10 months ago

US to impose sanctions on 500 targets in Russia to mark Ukraine war anniversary

India Today  

The United States will impose sanctions on over 500 targets on Friday in action marking the second anniversary of Russia's invasion of Ukraine, Deputy US Treasury Secretary Wally Adeyemo told Reuters in an interview on Thursday. The package will be the latest of thousands of sanctions targeting Moscow announced by the United States and its allies following Russia's 2022 invasion …

EU agrees on new sanctions against Russia days before the second anniversary of the war in Ukraine
10 months ago

EU agrees on new sanctions against Russia days before the second anniversary of the war in Ukraine

Associated Press  

BRUSSELS — European Union countries on Wednesday agreed on a new package of sanctions against Russia to target individuals and businesses suspected of assisting Moscow in its war against Ukraine, including Chinese companies. The decision coincides with the second anniversary of Russia’s full-scale invasion, which began on Feb. 24, 2022, and comes days after the death of Russian opposition leader …

US vows ‘major sanctions’ on Russia over Alexei Navalny's death
10 months ago

US vows ‘major sanctions’ on Russia over Alexei Navalny's death

Hindustan Times  

The White House says it is preparing additional “major sanctions” on Russia in response to opposition leader Alexei Navalny's death in an Arctic penal colony. National Security Adviser Jake Sullivan said the sanctions, on the eve of the two-year anniversary of Russia’s invasion of Ukraine, “will be a substantial package covering a range of different elements of the Russian defense …

U.S. imposes more Russian oil price cap sanctions and issues new compliance rules for shippers
1 year ago

U.S. imposes more Russian oil price cap sanctions and issues new compliance rules for shippers

Associated Press  

WASHINGTON — The U.S. imposed new sanctions on alleged violators of a $60 per barrel price cap on Russian oil and tightened compliance rules for insurance firms and shippers, Wednesday. Also sanctioned were Hong Kong-based Covart Energy, which has increased its share of the trade of Russian oil since the price cap policy was implemented, and Hong Kong-based Bellatrix Energy. …

The European Union targets Russia’s diamond industry in its latest round of Ukraine war sanctions
1 year ago

The European Union targets Russia’s diamond industry in its latest round of Ukraine war sanctions

Associated Press  

BRUSSELS — The European Union said Monday that it has imposed fresh sanctions on Russia over its war against Ukraine, targeting the lucrative diamonds industry, more than 140 officials and organizations, and closing loopholes that Moscow has used to bypass previous punitive measures. It’s the 12th round of sanctions and restrictions that the EU has slapped on Russia since President …

US announces hundreds of new sanctions in push to isolate Russia
1 year ago

US announces hundreds of new sanctions in push to isolate Russia

Al Jazeera  

New sanctions target entities and individuals around the world in bid to isolate Russia as its war on Ukraine continues. The United States has announced hundreds of new sanctions targeting entities and individuals across the globe, seeking to further isolate Russia as its war on Ukraine grinds on. “The Kremlin has steadily turned Russia into a wartime economy, but Putin’s …

U.S. imposes new round of sanctions over Russia’s invasion of Ukraine
1 year ago

U.S. imposes new round of sanctions over Russia’s invasion of Ukraine

Associated Press  

WASHINGTON — The U.S. on Tuesday imposed sanctions on a Belgian involved in procuring electronics for the Russian military, his companies and a group of Belarusian firms and people tied to Russia’s invasion of Ukraine. Treasury’s Office of Foreign Assets Control targeted a network led by Belgium-based Hans De Geetere, which included nine entities and five people across Russia, Belgium, …

US imposes new sanctions over Russian oil price cap violations, Kremlin influence in the Balkans
1 year, 1 month ago

US imposes new sanctions over Russian oil price cap violations, Kremlin influence in the Balkans

Associated Press  

WASHINGTON — The U.S. Treasury on Thursday imposed a new round of sanctions on firms and ships that used American service providers to carry Russian crude oil in violation of the multinational price cap — and imposed another set of sanctions on a group of Balkan people and firms tied to Kremlin influence in the region. Treasury’s Office of Foreign …

EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine
1 year, 1 month ago

EU moves closer to imposing a new set of sanctions on Russia for its war on Ukraine

Associated Press  

BRUSSELS — The European Union’s executive said Wednesday it proposed to the member states a new package of sanctions targeting the Kremlin and its associates, seeking to tighten previous measures approved since the February 2022 invasion of Ukraine as well as adding dozens of economic operators. The proposal sets in motion final talks between the 27 member states to reach …

The US sanctions more foreign firms in a bid to choke off Russia’s supplies for its war in Ukraine
1 year, 1 month ago

The US sanctions more foreign firms in a bid to choke off Russia’s supplies for its war in Ukraine

Associated Press  

WASHINGTON — The United States on Thursday imposed a new round of sanctions on 130 firms and people from Turkey, China and the United Arab Emirates in an effort to choke off Russia’s access to tools and equipment that support its invasion of Ukraine. The sanctions imposed by the Treasury Department’s Office of Foreign Assets Control target third-party firms and …

U.S. sanctions more foreign firms in bid to choke off Russia’s supplies in Ukraine
1 year, 1 month ago

U.S. sanctions more foreign firms in bid to choke off Russia’s supplies in Ukraine

LA Times  

The United States on Thursday imposed a new round of sanctions on 130 firms and people from Turkey, China and the United Arab Emirates in an effort to choke off Russia’s access to tools and equipment that support its invasion of Ukraine. The sanctions imposed by the Treasury Department’s Office of Foreign Assets Control target third-party firms and people alleged …

Kremlin says Russian economy ready to handle more sanctions
1 year, 1 month ago

Kremlin says Russian economy ready to handle more sanctions

Al Jazeera  

Russia’s economy has adapted well to Western sanctions and Moscow does not fear the prospect of more such measures, the Kremlin says. On February 25, 2022, a day after Russia undertook a full-scale invasion of Ukraine, the European Union introduced wide-ranging sanctions intended to send a clear signal to Moscow that there would be severe consequences for the war. “Russia …

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