In a statement, Ursula von der Leyen, the President of the European Commission said, the European Union is looking for ways to use frozen assets of Russian oligarchs to fund the reconstruction of Ukraine after the war. On Wednesday, the… Read More ›
oligarchs
New Zealand imposes new sanctions on Russia
On Tuesday, New Zealand imposed new sanctions on Russia’s largest banks and financial institutions, following its invasion of Ukraine. “We are deeply concerned at the reports of brutality from Russian forces,” said Foreign Minister Nanaia Mahuta in a statement. “New… Read More ›
Canberra sanctions Russian oligarchs with links to mining industry
On Friday, Australia imposed sanctions on two Russian oligarchs with links to its mining industry, with one of them connected with an investment to Rio Tinto’s Gladstone alumina refinery joint venture. In a statement Australian Foreign Minister Marise Payne said,… Read More ›
Australia imposes more sanctions on Russia
On Friday, Australia imposed more sanctions on Russia targeting many of its elite citizens and lawmakers and termed China’s actions of easing trade restrictions on Moscow as being “unacceptable”. “We will work along with our partners for a rolling wave… Read More ›
Formats other than EU-Russia summit will be explored: German Chancellor Angela Merkel
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›