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Tag Archives: sanctions

Putin signs decree on measures to ensure financial stability

Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a decree introducing temporary economic measures to ensure the country’s financial stability, the Kremlin announced on Tuesday. These measures will be taken in response to anti-Russian sanctions by the United States, other countries and international organizations, according to the decree. Among …

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Sanctions against Russia come at a cost, warns EU’s Borrell

Brussels, Belgium | Xinhua | The European Union (EU) should be ready to face the cost of its sanctions against Russia as Moscow is now widely expected to retaliate, EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell warned on Monday. “Sanctions will backlash, sanctions have a cost … …

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Oil prices soar as traders assess new sanctions on Russia

New York, U.S. | Xinhua | Oil prices surged on Monday with Brent benchmark ending above 100 U.S. dollars a barrel, as investors assessed the impact of the latest sanctions against Russia. The West Texas Intermediate (WTI) for April delivery added 4.13 U.S. dollars, or 4.5 percent, to settle at 95.72 …

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Britain unveils new round of sanctions against Russia

London, UK | Xinhua | British Prime Minister Boris Johnson on Thursday announced a new round of “severe” sanctions against Russia, aimed at excluding Russian banks from the British financial system. Speaking to Parliament, Johnson said his country is announcing “the largest and most severe package of economic sanctions that Russia …

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U.S. sanctions Russia after Putin sends troops to Lugansk, Donetsk

Washington, U.S. | Xinhua | U.S. President Joe Biden on Tuesday announced “the first tranche” of sanctions against Russia after Moscow deployed troops in the Lugansk and Donetsk regions. Russian President Vladimir Putin on Monday signed two decrees, recognizing “the Lugansk People’s Republic” and “the Donetsk People’s Republic” as “independent and …

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British PM announces sanctions against Russia over Ukraine

London, UK | Xinhua | British Prime Minister Boris Johnson announced on Tuesday a range of sanctions against Russia in response to the latest development in Ukraine. Johnson told the House of Commons that Russian President Vladimir Putin had violated the Minsk agreements by recognizing the “Lugansk People’s Republic” and the …

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ECOWAS suspends membership of Burkina Faso

Accra, Ghana | XINHUA | The Economic Community of West African States (ECOWAS) has suspended the membership of Burkina Faso over a military coup, said a communique issued by the regional bloc. The decision was made by the Authority of Heads of State and Government of the regional body during …

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