The European Commission proposed to extend sanctions against Russia until 2023
The European Commission proposed to tighten sanctions against the Russian Federation until the beginning of 2023. Source: The President of the European Commission Ursula von der Leyen European Commission President Ursula von der Leyen said the EC was proposing to extend the sanctions “until January 2023.” “Russia’s brutal...
EU ambassadors began discussing the seventh package of sanctions against Russia
The EU is preparing a new package of sanctions against Russia. EU leaders began discussing the seventh package of sanctions against Russia on July 14. Source: Editor of “Radio Free Europe” Rikard Jozwiak “EU ambassadors today held consultations on a new package of sanctions against Russia. There will be proposals tomorrow,...
The EU has frozen the assets of the Russian Federation in the amount of 13.8 billion euros
The European Union has frozen Russian assets worth €13,8 billion. A large part of them, namely 12 billion dollars, came from five EU member states. Source: EU Justice Commissioner Didier Reynders “For the moment, we have frozen – coming from oligarchs and other entities – 13.8 billion euros ($13.8 billion), so it’s quite...
The EU is working to strengthen control over the implementation of sanctions against Russia
The EU is discussing new measures designed to strengthen control over the implementation of sanctions against Russia within the bloc. Source: EU authorities In particular, new measures are being discussed that can close loopholes, strengthen the enforcement of sanctions and improve data exchange between EU countries. “For now, the leakiest...
The US raised tariffs on certain Russian goods to 35 %
The United States has raised the rate of tariffs on a number of Russian goods, the import of which has not previously been banned by the sanctions, to 35%. Source: US President Joe Biden “Increasing the duty to 35 percent ad valorem on certain other products of the Russian Federation, the importation of which has not already been...
G7 countries will expand sanctions against Russia’s defense sector – The White House
The G7 countries intend to further restrict Russia’s access to industrial resources and technologies that support Russia’s defense. Source: The White House “G7 Leaders will align and expand targeted sanctions to further restrict Russia’s access to key industrial inputs, services, and technologies produced by our economies,...
The embargo on gold will deprive Russia of $ 19 billion annually, – US Secretary of State
The implementation of a ban on the import of Russian gold, which is the second-largest item of income for Russia after energy, will deprive the Kremlin of the opportunity to receive $ 19 billion a year. Source: US Secretary of State Antony Blinken “That is the second most lucrative export that Russia has after energy – it’s about $19...
US President and G7 leaders agreed to ban gold imports from Russia
US President Joe Biden and other G7 leaders have agreed to a ban on gold imports from Russia. Source: CNN reporter Kaitlan Collins US President Joe Biden and his G7 counterparts will agree on an import ban on new gold from Russia as they expand sanctions against Moscow for its war against Ukraine. It is expected that this agreement will be...
Canada allowed the confiscation of Russian assets and their transfer to the reconstruction of Ukraine
The Canadian government will be allowed to confiscate and dispose of the assets of individuals and organizations that have been sanctioned by Russiaʼs invasion of Ukraine to use these funds to support Ukraine. Source: Minister of Finance of Canada Chrystia Freeland “The law allows the Government of Canada to “take economic action...
Britain expanded sanctions against Russia
Britain is stepping up economic pressure on Russia over the invasion of Ukraine. London has announced new sanctions against Russia. Source: The Press Service of the British Government Britain bans exports to Russia of pounds sterling and banknotes of EU countries, as well as the supply of air-fuel. Prohibitions on the export, supply and delivery,...
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Not only Russia. How populists destroy the greatness of the West Wednesday, October 4, 2023 - 06:27 (EEST)
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