In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
sanctions
Biden’s Iran strategy needs more clarity
Even as the United States gets ready to tighten sanctions and counters Iranian threats, it is at the same time making efforts to revive the 2015 Iran nuclear deal. “We do not have a deal … and prospects for reaching… Read More ›
Sanctions have blocked $16-18 billion of exports to EU, US: Belarusian Prime Minister Roman Golovchenko
In a statement Belarusian Prime Minister Roman Golovchenko said, Western sanctions have blocked $16 to $18 billion worth of its annual exports to the European Union. Belarus has been hit by sanctions by the West after Russia sent troops into… Read More ›
US imposes sanctions on Islamic State financial facilitators
The United States has imposed sanctions on a network of five Islamic State financial facilitators working across Turkey, Syria and Indonesia, in support of members of the extremist jihadist group in Syria. In a statement the U.S. Treasury Department has… Read More ›
Russia’s Sberbank developing domestic cloud infrastructure following sanctions
In a significant development, Russia’s top lender Sberbank said, it is developing an entirely domestic cloud infrastructure following Western sanctions which have caused issues with its foreign cloud partner. Western countries have imposed sanctions on Russian banks. Sberbank has started developing technology… Read More ›
Boris Johnson’s Conservatives Party suffers from early losses in local elections
Results of early local elections in Britain are showing Boris Johnson’s Conservatives Party suffering early losses in a ballot held against the backdrop of Western sanctions against Russia fuelling inflation in the country resulting in the rise of the cost… Read More ›
EU bans 3 Russian state-owned broadcasters as part of 6th sanction package
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 ›
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 ›
In first Asia visit German Chancellor Olaf Scholz visits Japan, skips China
In a significant development German Chancellor Olaf Scholz said, Berlin seeks closer relations with countries that shares its common democratic values in the Asia-Pacific region. Scholz is scheduled to visit Japan and will skip going to China, during his first… Read More ›
Russia halts LNG supplies to Poland and Bulgaria
On Wednesday, in a significant development, Russia halted gas supplies to Poland and Bulgaria after both countries rejected Moscow’s demand to pay for Russian gas in Rubles. The development comes in the wake of massive sanctions by Western countries against… Read More ›