Section: Economy
U.S. introduced sanctions against 6 Members of Russian Parliament in relation to Crimea occupation
The U.S. Department of the Treasury`s Office of Foreign Assets Control (OFAC) on Monday designated six individuals who represent Crimea and Sevastopol in the Russian State Duma (Parliament) and introduced sanctions against them in relation to Russia`s occupation of Crimea. Specifically, OFAC designated Dmitry Belik, Andrey Kozenko, Konstantin...
Canada says Russian sanctions must be upheld by all countries
Canadian Foreign Minister Stephane Dion on Friday urged all countries to remain firm about upholding sanctions against Russia for its actions toward Ukraine and said Canada will not ease them as long as Moscow keeps its current stance, according to Reuters. Dion`s comments came three days after businessman Donald Trump won the U.S. presidential...
EU set to extend Russia sanctions, but may be harder when Trump president
The European Union is likely to extend economic sanctions on Russia over Ukraine in December but could find it much harder to renew them in the future if Donald Trump succeeds in warming up relations with Russia, according to Reuters. Trump, who will take over as U.S. president in January, has said he wants a ”good relationship” with Russia and...
U.S. sanctions on Russia to remain until Crimea returned to Ukraine – State Department
The State Department said Wednesday the U.S. stance regarding sanctions against Russia will not change following the election of Donald Trump to the presidency, Anadolu reports. ”Our stance was they have been and will certainly remain throughout this administration,” agency spokesman Mark Toner said during a press briefing, according to Anadolu....
EU puts on sanctions list Russian ”deputies” elected in annexed Crimea
The EU added six members of the Russian Federation State Duma elected from the illegally annexed Autonomous Republic of Crimea and the city of Sevastopol to the list of persons subject to restrictive measures in respect of actions undermining Ukraine`s territorial integrity, sovereignty and independence, an UNIAN correspondent in Brussels...