Russia today announced sanctions against 39 British politicians, officials, business executives and journalists, banning them from entering Russia for advocating the “demonisation” of Russia. The list includes opposition Labor leader Keir Starmer, former prime minister David Cameron and well-known TV journalists Piers Morgan, Robert Peston and Hugh Edwards, among others. Their names join those of […]
Tag: sanctions
Bloomberg: This is the ‘architect’ of Putin’s economic counterattack
When sanctions made the “Russian fortress” he helped build look less impregnable, Maxim Oreshkin came up with a trick to try to break the economic siege. Russia’s war against Ukraine was less than a month old, and its surprise war was already beginning to falter. The economic blow was also severe as the government struggled […]
Moscow bans 32 New Zealand officials and journalists from entering Russia
Russia announced today that it will ban 32 New Zealand officials and journalists from entering its territory, in response to similar measures taken by New Zealand against Moscow over Russia’s invasion of Ukraine. Among those sanctioned are Wellington Mayor Andrew John Whitfield Foster and Auckland Mayor Philip Bruce Gough, New Zealand Navy Commander Garryn Golding […]
The Russian RT lost the legal battle over the ‘lock’ placed on it by the EU
RT, Russia’s state-run international news network formerly known as Russia Today, has lost a legal battle in the European Union courts where it sought to overturn an EU decision to ban its operations in the “27” territory after the start of Russia’s invasion of Ukraine, Bloomberg reports. The General Court of the EU, the Union’s […]
IMF: Russia’s economy is withstanding sanctions more than expected
The Russian economy is now expected to suffer a less severe impact from international sanctions this year than previously estimated, the International Monetary Fund said yesterday, adding that, on the other hand, European economies are being hit harder than expected. Russia’s GDP is expected to contract by 6.0% in 2022, the IMF now predicts, significantly […]
IMF: Russia’s economy is more resistant to sanctions than expected
The Russian economy is now expected to suffer a less severe impact from international sanctions this year than previously estimated, the International Monetary Fund said yesterday, adding that, on the other hand, European economies are being hit harder than expected. Russia’s GDP is expected to contract by 6.0% in 2022, the IMF now predicts, significantly […]
UK: New package of sanctions against Moscow – Russian officials targeted
Britain announced today that it had imposed sanctions on Kremlin-appointed officials in eastern Ukraine’s Luhansk and Donetsk provinces as well as 29 regional governors across Russia in response to Moscow’s invasion of the former Soviet republic. The 42 new additions to British sanctions also include Russia’s minister and deputy justice minister as well as two […]
EU: Extends economic sanctions against Russia for 6 months
The EU is renewing economic sanctions over Russia’s military offensive against Ukraine for another six months, the EU Council said in a statement. In particular, the Council decided today to extend by six months, until January 31, 2023, the restrictive measures targeting specific sectors of the Russian economy. “These sanctions, first imposed in 2014 in […]
Lithuania lifted ban on rail freight to Kaliningrad
The Lithuanian government has lifted the ban on rail transport of goods (subject to sanctions against Moscow) to and from the Russian enclave of Kaliningrad, Reuters reports citing RIA Novosti. Last week, the European Union said Lithuania should allow Russia to transit concrete, timber and alcohol – through EU territory – into the Russian enclave. […]
In Europe next week, the US deputy secretary of state for new sanctions against Russia
US Deputy Treasury Secretary Wally Adejemo will visit Paris and Brussels next week to meet with his counterparts and discuss ways to strengthen sanctions imposed on Russia in response to its invasion of Ukraine, according to today’s announcement of the US Department of the Treasury. Adejemo will also discuss additional financial aid to Ukraine that […]