The Biden administration on April 6 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…
US Announces New Sanctions Against Russia, Including Banning New Investments
April 6, 2022
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US Announces New Sanctions Against Russia, Targeting Investments, Banks, Putin’s Daughters
April 6, 2022
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The Biden administration on April 6 announced a fresh round of 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 and sanctioning Russian President Vladimir Putin’s two adult daughters. The United States, the Group of Seven allies,…
‘Devastating’ New Sanctions to Hit Russia After Bucha Atrocity Claims: White House
April 6, 2022
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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…
Breaking Ranks With EU, Hungary Says Ready to Pay for Russian Gas in Roubles
April 6, 2022
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BUDAPEST/LONDON—Hungary said on Wednesday it was prepared to pay roubles for Russian gas, breaking ranks with the European Union which has sought a united front in opposing Moscow’s demand for payment in the currency. Hungary will pay for shipments in roubles if Russia asks it to, Prime Minister Viktor Orban told a news conference on…
Ukrainian Town Completely Destroyed; Durham: Ex-Clinton Lawyer Lied to FBI | NTD News Today
Russian artillery is pounding key cities in Ukraine. Death and destruction is left behind in towns near the capital, after Russian troops withdrew. The full extent of the damage is coming into view. Two Harvard students created a website to help Ukrainian refugees find shelter around the world. More than 18,000 hosts have signed up…
EU Countries Hunt for Global Coal Stocks as Russian Ban Looms
April 6, 2022
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LONDON—European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources. The European Commission on Tuesday proposed new sanctions against Moscow over its invasion of Ukraine, including a ban…
Russia to Pay Eurobonds in Roubles as Long as Reserves Remain Blocked
April 6, 2022
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LONDON—Russia edged closer to a potential default on its international debt on Wednesday as it paid dollar bondholders in roubles and said it would continue to do so as long as its foreign exchange reserves are blocked by sanctions. The United States on Monday stopped Russia from paying holders of its sovereign debt more than…
Oil Rises as New Russia Sanctions Outweigh Demand Worries
April 6, 2022
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LONDON—Oil futures rose on Wednesday, paring early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in U.S. crude stockpiles and Shanghai’s extended lockdown. Brent crude futures were up $1.14, or 1.1 percent, at $107.78 a barrel as of 1115 GMT. U.S. West Texas…
Kyiv Says Moscow ‘Not Serious’ About Peace Talks as Russian Shelling of Key Ukrainian Cities Continues
April 6, 2022
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Ukraine’s President Volodymyr Zelenskyy accused Russia of being insincere in its peace talk overtures as Russia on Wednesday continued its bombardment of key Ukrainian cities. Zelenskyy said in an address to the Spanish Parliament on Tuesday that Russia “is not serious about peace” and pleaded for Europe to do more to stop Moscow’s offensive. “We,…
Stocks Slip, Bonds Hit as Bets on Fed Action Rise
LONDON—Global share prices eased and U.S. Treasury yields hit multi-year highs on Wednesday as investors bet that the U.S. Federal Reserve will couple shrinking of its balance sheet next month with a big interest rate hike to quell decades-high inflation. Investors also waited for details of the latest package of coordinated sanctions on Russia from…
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