Section: Sanctions
US imposes full blocking sanctions on Russia’s largest financial institution
The USA imposes full blocking sanctions on Russia’s largest financial institution, Sberbank, and Russia’s largest private bank, Alfa- Bank. Source: the White House This action will freeze any of Sberbank’s and Alfa-Bank’s assets touching the U.S financial system and prohibit U.S. persons from doing business with them. “In addition, full...
5th package of sanctions against Russia: coal embargo and ban on 4 key Russian banks
The European Union has announced a fifth package of sanctions against Russia in response to the atrocities in Bucha, which included a coal embargo against the aggressor and a ban on transactions with four leading Russian banks. Source: President of the European Commission Ursula von der Leyen “Russia is waging a cruel, ruthless war, also...
Italy supports EU sanctions against Russian gas
Italian Foreign Minister Luigi Di Maio said that Italy would support sanctions against Russian gas after the atrocities in the Ukrainian city of Bucha. Source: Italian Minister for Foreign Affairs “Italy will not veto Russian gas sanctions,” Di Maio said. Italy receives about 40% of its gas imports from Russia, and after the Russian...
Prime Minister of Ukraine: Partners must impose a devastating package of sanctions against Russia’s atrocities in Kyiv region
The Prime Minister of Ukraine Denys Shmygal calls on Ukraine’s partners to impose a devastating package of sanctions against Russia. Source: The Prime Minister of Ukraine “The occupiers’ crimes against civilians in the Kyiv region have shown the true face of Russia. We call on our partners to impose a devastating package of...
The US Department of Commerce will add to the sanctions list another 120 companies in Russia and Belarus
The US Department of Commerce will add 120 Russian and Belarusian organizations to the sanctions list in the coming days. Source: White House Director of Communications Kate Bedingfield “In the coming days, the Department of Commerce will take further actions to weaken Russia’s defense, aerospace, and marine sectors, adding 120...
The United States and France have called for further sanctions against Russia
US Secretary of State Antony Blinken and French Foreign Minister Jean-Yves Le Drian have called for further sanctions against Russia over its continued offensive against Ukraine Source: French Ministry of Foreign Affairs The ministers discussed the humanitarian situation in Ukraine caused by Russia’s military invasion and indiscriminate...
Russia chooses to stay formally in war with Japan after sanctions over the invasion of Ukraine were provided
On March 21, 2022, it was announced that the Russian Federation will quit peace talks with Japan about signing a formal World War II peace treaty. Additionally, the economic projects related to the disputed Kuril islands will stay frozen and Russia ends a visa-free regime for Japanese people to visit their native lands annexed by the former...
New Sanctions against Russia for invasion of Ukraine
On 15 March 2022, the European Commission has announced that the EU with international partners, notably the U.S, together with other World Trade Organization (WTO) members, agree on the fourth package of restrictive measures against Russia in response to Russian attacks on Ukraine and its civilians. “The bloc in consultation with our...
Ukrinform: Canada extends sanctions against Yanukovych and his associates
The Government of Canada extended economic sanctions against former Ukrainian president Viktor Yanukovych and 15 of his associates. Read more here. The post Ukrinform: Canada extends sanctions against Yanukovych and his associates appeared first on KyivPost. Source: Ukrinform: Canada extends sanctions against Yanukovych and his...
Beware the Lure of Sanctions for Russia’s Latest Aggression
It’s Monday, which means that Russia is again antagonizing its neighbors to the west. But instead of little green men, Wagner “private” security forces, or Russian regulars acting under another flag, this time the FSB—Russia’s internal security service—openly fired upon and captured three Ukrainian naval vessels attempting to traverse...