Tag: sanctions

UK Sanctions Pro-Russian Separatist Leaders in Eastern Ukraine

April 13, 2022
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The UK government, in coordination with the European Union, has sanctioned 178 individuals linked to pro-Russian separatist regions of Eastern Ukraine. The UK Foreign Office said the new sanctions are intended to target “those who prop up Russian-backed illegal breakaway regions of Ukraine.” This comes after a missile attack on a packed railway station in…

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Hungary Says Rubles-for-Russian Gas Plan Breaches No EU Sanctions

April 11, 2022
Business & Economycommoditiescrisiseconomic policieseconomyEUEuropeGasHungaryMarketsRublesRussiaRussia-Ukraine WarsanctionsUkraineWorld
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BUDAPEST—Hungary plans to pay for Russian gas in euros through Gazprombank, which will convert the payment into rubles to meet a new requirement set by President Vladimir Putin, Foreign Minister Peter Szijjarto said on Monday. Putin has warned Europe it risks having gas supplies cut unless it pays in rubles as he seeks retaliation over…

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Iran Imposes Sanctions on 24 Americans as Nuclear Talks Stall

April 10, 2022
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DUBAI—Iran said on Saturday it had imposed sanctions on 24 more Americans, including former Army Chief of Staff George Casey and former President Donald Trump’s attorney Rudy Giuliani, as months of talks to revive a 2015 nuclear deal have stalled. Almost all the people named were officials who served during Trump’s administration, which imposed sanctions…

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Global Energy Tension Hits Home as Heating Oil Price Goes Through the Roof

April 9, 2022
economyEuropeheating oilIndiaInternationalPolicies & ImpactsRussiaRussia-Ukraine WarsanctionsUkraineUSWorld
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With inflation, everything is looking up except the amount of money in your wallet. The cost of food, gas at the pump, goods, and services are all up noticeably. And although demand is lowering as the U.S. heating season ends, the cost of home heating oil is still on the rise. A standard home heating…

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Inflation in Russia Vaults to Multi-Decade High of Over 16 Percent

April 9, 2022
Business & EconomyeconomyEuropeinflationMarketsRussiasanctionsWorld
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Inflation in Russia has surged to its highest level in 23 years, with a particularly sharp rise in food prices, a dynamic that hits lower-income Russians the hardest. Consumer prices in Russia rose 7.61 percent in March, the biggest monthly jump since 1999, according to Rosstat, the official state statistics agency. In over-the-year terms, inflation…

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War Is for ‘Soul of Humanity,’ Ukraine Consul General Tells Arizona Legislators

April 8, 2022
EuropeRussiaRussia-Ukraine WarsanctionsUkraineUSUS NewsWorld
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PHOENIX, Ariz.—Ukraine’s Consul General Dmytro Kushneruk addressed a joint session of the Arizona Legislature on April 7, asking for more military and humanitarian support to end the Russian invasion. “Ukraine has defeated Russia’s objectives in the first phase of this war,” he said. “Time is of the essence,” while Ukraine “has the momentum.” “We have…

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First of 20 Australian Bushmaster Military Vehicles to Leave for Ukraine

April 7, 2022
AustraliaEuropeRussiaRussia-Ukraine WarsanctionsUkraineWorld
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The Australian government has announced that it will gift 20 Bushmaster military vehicles to Ukraine, with the first three leaving Australia on April 8. “We are responding to President Zelensky’s request for additional support. On top of military assistance and humanitarian aid Australia is already providing, we will be sending Bushmasters to help Ukrainians defend…

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Capitol Report (April 6): US Stops Shipments of COVID Drug; Biden Announces New Sanctions on Russia

April 6, 2022
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President Joe Biden is facing mounting pressure from Congress over his plans to revive the Iran nuclear deal. Democrats and Republicans say it could enrich Iran, help Russia, and put the free world in danger. Who’s to blame for the soaring gas prices? Democrats grilled executives from big oil companies, while Republicans say it’s Biden’s…

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US Would Sanction China If It Invades Taiwan: Yellen

April 6, 2022
ChinaChina Business & EconomyFinance & Business TiesGlobal ExpansionInternational RelationsRussiasanctionsSpecial TopicsTaiwanUkraineUS-China relations
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U.S. Treasury Secretary Janet Yellen said on April 6 that the United States would levy sanctions on China should the communist regime invade Taiwan or provide material support to Russia’s war effort in Ukraine. When asked by Rep. Patrick McHenry (R-N.C.) during a hearing of the House Financial Services Committee about whether Washington is open…

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‘Devastating’ New Sanctions to Hit Russia After Bucha Atrocity Claims: White House

April 6, 2022
Business & EconomyeconomyEuropeinflationInternationalMarketsRussiaRussia-Ukraine WarsanctionsUkraineUSUS NewsWorld
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Washington on Wednesday announced a fresh round of what it called “devastating” sanctions against Moscow after allegations that Russian forces committed war crimes in the Ukrainian town of Bucha, with the new measures including banning all new investment in Russia. The United States, the Group of Seven (G7) allies, and the European Union are readying…

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