Viktor Oil Ban: Hungary digs in heels as EU pushes for sanctions May 10, 2022 French President Emmanuel Macron has held talks with Viktor Orban as the EU looks to finalise its ban on Russian oil imports.
EU targets crypto services in fresh round of Russia sanctions April 8, 2022 The European Union is cutting off high-value crypto services to Russia in a fresh wave of sanctions designed to cripple the country's economy.
UK announces more sanctions on Russia’s largest bank Sberbank April 6, 2022 The UK has slapped more sanctions on Russia’s largest bank Sberbank and banned all outward British investment into Russia. Sberbank and Credit Bank of Moscow now have all their UK assets frozen, after similar measures were taken against other major Russian banks last month, with the pair also unable to do business in Britain. The [...]
Germany faces €5bn bill after Russia sanctions Gazprom division June 6, 2022 Russian sanctions against Gazprom Germania could cost Germany an extra €5bn a year to pay for replacement gas supplies.
Swift backlash: Will Russia snake past Western sanctions? March 3, 2022 Sanctions are intended to choke economies for decades. This week could a sign that Russia is heading for the mire. The intended effects of Western sanctions are already materialising. This week, the rouble, Russia’s currency, collapsed around 40 per cent. The Moscow Stock Exchange has been shuttered since Monday. Concern about Russia being effectively frozen [...]
Oil prices surge as Western sanctions on Russia bite March 1, 2022 Both major oil benchmarks surged today, amid escalating concerns over supply disruptions after Russia's invasion of Ukraine.
Crypto exchange Binance to block accounts of sanctioned Russians February 28, 2022 Crypto exchange Binance reportedly plans to block the accounts of Russian users who have been targeted by sanctions.
UK expands sanctions to include Russian generals and media personalities March 31, 2022 The UK has hit a further 14 people with sanctions in response to Vladimir Putin’s invasion of Ukraine, with media personalities and a senior Russian general targeted. Foreign secretary Liz Truss said the latest tranche of sanctions were aimed at stopping the “torrent of lies” and propaganda coming from the Kremlin about the invasion. Rossiya [...]
Fears crypto is used to avoid sanctions ‘misplaced,’ says Hancock March 28, 2022 Matt Hancock has swooped to the defence of crypto amid concerns digital assets are allowing Russians to circumvent sanctions.
G7 pledges to cap Russian oil as West ramps up sanctions on Kremlin June 27, 2022 The Group of Seven is preparing to cap Russian oil as part of a fresh package of sanctions in response to Russia's invasion of Ukraine.