Finland closed the checkpoint on the border with Russia due to sanctions
Finland closed the Parikkala-Sivaoru crossing, located on the border with Russia, and froze all plans for its development. It was suspended indefinitely. The timber was mainly transported via the Parikkala checkpoint. Following EU sanctions banning trucks registered in Russia or Belarus from entering the EU, traffic through the Parikkala...
New Zealand announced new sanctions against Russia’s largest banks and financial institutions
New Zealand has announced new sanctions against Russia’s largest banks and financial institutions for invading Ukraine. In particular, the list includes the Central Bank of Russia. Source: New Zealand Foreign Minister Nanaia Mahuta “New Zealand is imposing sanctions on eighteen financial entities, including Russia’s central bank,...
Ukraine has proposed an “Iranian model” of sanctions against Russian gas
Ukraine offers international partners to impose the Iranian model of sanctions against Gazprom. When Russian gas goes to the EU, the funds for it will not go to Russia, they will be transferred to special deposit accounts. Source: Deputy Minister of Energy of Ukraine Yaroslav Demchenkov As for Russia’s natural gas supplied via pipelines, it...
The Chancellor of Austria visited the Ukrainian city of Bucha and said about further sanctions against Russia
Austrian Chancellor Karl Nehammer has visited Bucha. Source: Oleksandr Pavliuk, head of the Kyiv Regional Military Administration “Bucha went through terrible days during the racist occupation. War crimes took place here that the whole world should know about. I am grateful to Austrian Chancellor Karl Nehammer for his support and visit to...
The G7 countries have banned investment in “key areas” of the Russian economy
Leaders of the G7 have decided to ban new investments in “key areas” of the Russian economy. The energy sector will also be banned. “G7 will continue to disconnect Russian banks from the global financial system.” New sanctions against Russia’s military-industrial complex and personal restrictions against members of...
The full embargo on Russian coal was postponed until mid-August because of Germany’s decision
The full embargo on Russian coal was postponed until mid-August because of Germany. Germany once again demonstrates that its economic interests have more value than the lives of Ukrainians defending Europe from fascism. The European Union will postpone a full embargo on Russian coal until mid-August due to German pressure. The gradual cessation...
Biden: sanctions will nullify all the Russian achievements in 15 years
US President Joe Biden is convinced that the sanctions imposed by Western countries on Russia will destroy the economy of the aggressor country and cut it off from technology. Source: The President of the USA Joe Biden “In just this one year, our sanctions will negate everything that the Russian economy has been able to add over the past 15...
Polish President considers Russia’s massacres as genocide of Ukrainians
The President of Poland considers the actions of Russia as genocide and believes that the West should issue an ultimatum to Putin. Source: The President of Poland Andrzej Duda “It is hard to deny this, of course. This is a crime which fulfills the features of genocide, especially if you look at the context of different conversations that...
White House: The United States wants to put Russia in front of a choice between depletion of reserves and default
The purpose of US sanctions is to deplete Russia’s resources for the war in Ukraine and put Moscow in front of a choice – depletion of its dollar reserves or default. Source: White House spokeswoman Jen Psaki “Russia does not have unlimited resources, especially now given the crippling sanctions we have put in place and they are going...
Auchan store leaves Russian market: there will be no supplies and investments to Russia
The French company “Auchan” has stopped investing and supplying in Russia, and imported goods will no longer be on store shelves. “We have finally managed to get the company to stop investing and supplying in Russia. This is only the first step, but we are determined to continue. Victory will be ours! “Auchan...