On Wednesday, in a significant development, European Commission President Ursula von der Leyen told EU lawmakers in Strasbourg, the EU will ban three Russian state-owned broadcasters as part of its sixth sanctions package. “They will not be allowed to distribute… Read More ›
ban
Putin orders retaliatory economic sanctions on unfriendly entities and countries
In a statement on Tuesday, the Kremlin said, Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to “unfriendly actions of certain foreign states and international organisations”. The kremlin did not shed light on which… Read More ›
Ban of Indonesian palm oil fueling inflation in South Korea
Indonesia ban on palm oil is affecting South Korean businesses. For more than 15 years, Mr Lee’s diner, a fried chicken shop near central Seoul, has held firm against raising prices, the export ban on Indonesia’s cooking oil is squeezing… Read More ›
Belarus bans entry of EU registered trucks
In a significant development, Belarus announced a ban on EU registered trucks from entering its territory, said a report from Interfax quoting the transport ministry.
Euro weighed down by potential sanctions on Russia, ban on cheap LNG
Talks of European banning Russian gas placed a lid on the rise of the Euro even as the US dollar firmed up with expectations of a rise in U.S. interest rates. The euro has been weighed down by worries of… Read More ›
Biden bans oil and other energy imports from Russia
In a statement U.S. President Joe Biden said, the United States would ban the import of Russian crude oil as well as other energy imports in retaliation to its invasion of Ukraine. “We’re banning all imports of Russian oil and… Read More ›
Bulgaria may seek exception from sanctions for importing Russian crude and LNG
On Monday, in a statement Bulgaria’s Prime Minister Kiril Petkov said, while it supports economic sanctions on Russia it will seek an exception on banning Russian natural gas and oil imports. Bulgaria, a member of the European Union as well… Read More ›
Fallout of Russian invasion of Ukraine spreads to global aviation industry
The fallout of Russia’s invasion of Ukraine has spread to the global aviation industry with two more European countries banning Russian carriers and the European Union saying it would restrict the exports of aircraft parts. Virgin Atlantic and British Airways… Read More ›
UK considering diplomatic boycott of Beijing Olympic games
On Saturday, as per a report from the Times, British Prime Minister Boris Johnson is weighing options which includes a diplomatic boycott of the Winter Olympics in China to protest China’s record on human rights. An “active discussion” in government… Read More ›
Collusion among British EV charging operators reduces competition in the EV charging market: CMA
On Friday, Britain’s competition regulator said, it has begun an investigation into some electric vehicle chargepoint operators on motorways and highways; the development comes at a time when it is laying out guidelines to ensure the rollout of a robust… Read More ›