Section: Economy

      USA will help Ukraine to restore damaged infrastructure
      Oct20

      USA will help Ukraine to restore damaged infrastructure

      Ukrainian Infrastructure Minister Oleksandr Kubrakov, US Transportation Secretary Pete Buttigieg, and US Commerce Secretary Gina Raimondo signed a Joint Statement on supporting Ukraine’s infrastructure resilience and recovery through enhanced bilateral cooperation in Washington on October 19, 2022. Source: US Transportation Secretary Pete...

      European Commission announced humanitarian aid to Ukraine worth of €150M
      Oct20

      European Commission announced humanitarian aid to Ukraine worth of €150M

      EU Commissioner for Crisis Management, Janez Lenarcic said on October 19, 2022, that the European Commission announced the new emergency shelter and winterised facilities programme for Ukraine, as well as humanitarian aid for the most vulnerable Ukrainian population that  was affected by Russia’s war. Source: EU Commissioner for Crisis...

      Norway joined the seventh package of EU sanctions against Russia
      Aug27

      Norway joined the seventh package of EU sanctions against Russia

      Ministry of Foreign Affairs of Norway noted on August 26, 2022, that Norway joined the seventh package of European Union sanctions against Russian President Vladimir Putin and the Russian regime. Source: Minister of Foreign Affairs of Norway Anniken Huitfeldt “The package of sanctions adopted by the EU on July 21, 2022, has been...

      Russia’s seaborne export of coal almost stopped due to EU sanctions
      Aug26

      Russia’s seaborne export of coal almost stopped due to EU sanctions

      On August 25, 2022, it became known that the export of Russian coal by sea was effectively stopped due to the prohibition of the European Union to serve deliveries of Russian coal anywhere in the world within the framework of the fifth package of sanctions. Source: Bloomberg journalists  The agency found out that JSC “Suek”, the...

      7 EU countries called for new sanctions against Russia, including visa sanctions
      Aug25

      7 EU countries called for new sanctions against Russia, including visa sanctions

      On August 25, 2022, it became known that the heads of the foreign affairs committees of the parliaments of Estonia, Latvia, Lithuania, Finland, Poland, the Czech Republic and Denmark issued a joint statement calling for new sanctions against the Russian Federation for its war against Ukraine. Source: EU countries They list all the arguments that...

      Canada announced new sanctions on Russia, and additional funding for Ukraine
      Aug24

      Canada announced new sanctions on Russia, and additional funding for Ukraine

      The Prime Minister of Canada said on August 23, 2022, during the virtual Summit for Heads of State and Government of the International Crimea Platform that his country would allocate CAD $3.85 million ($2.97 million) of funding for Ukraine’s security sector and Canada also intends to sanction 62 Russians with close ties to the state, and a...

      New Zealand will sanction more Russian officials in occupied areas of Ukraine
      Aug24

      New Zealand will sanction more Russian officials in occupied areas of Ukraine

      Minister of Foreign Affairs of New Zealand said on August 22, 2022, that New Zealand would increase the pressure on Russia by introducing sanctions against half a hundred Russian collaborators in the occupied regions of Ukraine. Source: Minister of Foreign Affairs of New Zealand Nanaia Mahuta “President Putin’s proxies in Ukrainian...

      The USA will strengthen control over compliance with sanctions against Russia
      Aug23

      The USA will strengthen control over compliance with sanctions against Russia

      Representatives of the administration of the US President said on August 22, 2022, that the US is trying to ensure the effectiveness of sanctions against Russia imposed over its invasion of Ukraine by closing loopholes and persuading other countries to support the restrictions. Source: Representatives of Joe’s Biden administration The...

      Estonia will promote a full energy embargo against Russia in a new EU sanctions package
      Aug22

      Estonia will promote a full energy embargo against Russia in a new EU sanctions package

      On August 22, 2022, it became known that Estonia will push the idea of a full energy embargo against Russia in the EU’s eighth package of sanctions for the Kremlin’s war of aggression. Source: Minister of Foreign Affairs of Estonia Urmas Reinsalu According to the Minister, Estonia will propose to include a full energy embargo on...

      Russia is trying to bypass Western sanctions through Turkey – US Department of the Treasury
      Aug21

      Russia is trying to bypass Western sanctions through Turkey – US Department of the Treasury

      US Deputy Secretary of the Treasury said on August 19, 2022, that Russian legal entities and individuals are trying to use Turkey to circumvent American and Western sanctions during a telephone conversation with his Turkish colleague Yunus Elitas. Source: US Deputy Secretary of the Treasury Wally Adeyemo “Deputy Secretary Adeyemo raised...