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Tag Archives: sanctions

Oil prices soar as traders assess new sanctions on Russia

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 …

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Britain unveils new round of sanctions against Russia

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 …

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U.S. sanctions Russia after Putin sends troops to Lugansk, Donetsk

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 …

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British PM announces sanctions against Russia over Ukraine

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 …

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ECOWAS suspends membership of Burkina Faso

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 …

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More U.S. sanctions against Russia could cause cutoff of ties: Lavrov

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 …

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ECOWAS imposes harsher sanctions on Mali

Accra, Ghana | Xinhua | The leadership of the Economic Community of West African States (ECOWAS) on Sunday announced a flurry of harsher sanctions on Mali. Leaders of ECOWAS gathered in an extraordinary summit to deliberate on the situation in Mali. In the communique after the summit, the regional body said …

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