Tag Archives: sanctions

Brussels, Belgium | Xinhua | The European Union (EU) should be ready to face the cost of its sanctions against Russia as Moscow is now widely expected to retaliate, EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell warned on Monday. “Sanctions will backlash, sanctions have a cost … …

New York, U.S. | Xinhua | Oil prices surged on Monday with Brent benchmark ending above 100 U.S. dollars a barrel, as investors assessed the impact of the latest sanctions against Russia. The West Texas Intermediate (WTI) for April delivery added 4.13 U.S. dollars, or 4.5 percent, to settle at 95.72 …

Moscow, Russia | Xinhua | Deputy Chairman of the Russian Security Council Dmitry Medvedev said Saturday that the current sanctions against Russia could be a reason to review relations with all states that have imposed them. “Sanctions are a good reason to review all relations with those states that have imposed …

London, UK | Xinhua | British Prime Minister Boris Johnson on Thursday announced a new round of “severe” sanctions against Russia, aimed at excluding Russian banks from the British financial system. Speaking to Parliament, Johnson said his country is announcing “the largest and most severe package of economic sanctions that Russia …

Washington, U.S. | Xinhua | U.S. President Joe Biden announced on Thursday additional sanctions against Russia and the deployment of more troops to Europe as conflicts in Ukraine continue to evolve. Speaking from the East Room of the White House, Biden said the new measures will target major Russian banks, limit …

Washington, U.S. | Xinhua | U.S. President Joe Biden on Tuesday announced “the first tranche” of sanctions against Russia after Moscow deployed troops in the Lugansk and Donetsk regions. Russian President Vladimir Putin on Monday signed two decrees, recognizing “the Lugansk People’s Republic” and “the Donetsk People’s Republic” as “independent and …

London, UK | Xinhua | British Prime Minister Boris Johnson announced on Tuesday a range of sanctions against Russia in response to the latest development in Ukraine. Johnson told the House of Commons that Russian President Vladimir Putin had violated the Minsk agreements by recognizing the “Lugansk People’s Republic” and the …

Brussels, Belgium | Xinhua | The European Union (EU) is set to adopt the first set of sanctions against Russia on after Moscow recognized the independence of eastern Ukraine’s Lugansk and Donetsk regions. The EU member states’ foreign ministers met in Paris on Tuesday for an extraordinary informal session to discuss …

Accra, Ghana | XINHUA | The Economic Community of West African States (ECOWAS) has suspended the membership of Burkina Faso over a military coup, said a communique issued by the regional bloc. The decision was made by the Authority of Heads of State and Government of the regional body during …

Moscow, Russia | Xinhua | If the United States were to impose more sanctions against Russia, the country would risk severing relations with Moscow, Russian Foreign Minister Sergei Lavrov said on Friday. “Regarding the threat of (new) sanctions, the Americans were told during the contacts of the presidents that the package …