Hungary urges EU not to bring in more sanctions on Russia September 20, 2022 Hungary has urged the EU not to impose new sanctions on Russia, warning that further measures would escalate the supply crisis.
TUI open to new majority shareholder following resignation of sanctioned Russian billionaire January 17, 2023 TUI admitted it was looking for a new majority shareholder, 10 months after EU sanctions forced the resignation of Alexei Mordashov. Vladimir Putin ally and Russian billionaire Alexei Mordashov became a target of Europe’s sanctions against Moscow following Russia’s invasion of Ukraine in March 2022. The sanctions meant TUI was left scrambling for a new [...]
China sanctions US defence giants Lockheed Martin and Raytheon for supplying Taiwan weapons February 16, 2023 China imposed trade and investment sanctions on Lockheed Martin and a part of Raytheon for supplying weapons to Taiwan. The move steps up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory. Lockheed Martin and Raytheon Missiles and Defence are barred from importing goods into China or [...]
Chelsea puts £121m loss down to sanctions imposed on ex owner Roman Abramovich March 27, 2023 Chelsea say Government sanctions imposed on former owner Roman Abramovich were a factor in the club posting losses of £121million in 2021-22. Russian billionaire Abramovich was sanctioned by the UK Government in March last year as it sought to freeze the assets of individuals it believed had connections to the country’s president, Vladimir Putin, following [...]
Musk: Starlink will lobby for exemption to operate in Iran amidst sanctions September 20, 2022 Starlink will lobby for an exemption to operate in Iran despite the current sanctions, according to the network’s owner Elon Musk. He didn’t specify on Monday night who or which legal authority he planned to lobby to. The comments came night after he tweeted that the service was now active on “all continents, including Antarctica.” [...]
DCMS chair reiterates need for sanctions on Russians amid ex-F1 driver Mazepin’s case May 4, 2023 The acting chair of a key parliamentary committee has reiterated the need for sanctions on Russian sportspeople amid news former F1 driver Nikita Mazepin is challenging the UK Foreign Secretary to overturn his. Mazepin and his father Dmitry were sanctioned by the UK, European Union and Canada as part of wide-reaching measures taken after Russian [...]
Russia slashes oil output by 500,000 barrels per day in response to Western sanctions February 11, 2023 Russia will cut oil production by 500,000 barrels per day after the West imposed price caps on Russian oil and products.
Zelensky’s visit: UK sanctions six Russian weapons makers and eight members of country’s ‘elite’ February 8, 2023 The UK government has sanctioned six Russian weapons makers and a further eight members of the country’s “elite” following Volodymyr Zelensky’s first visit to Britain since Russia’s invasion of Ukraine. Foreign secretary James Cleverly said the new sanctions work to undermine Putin’s “war machine” as he vowed to block Russia from accessing the frozen assets [...]
MPs and peers urge Sunak to sanction pro-Beijing Hong Kong officials November 15, 2022 Rishi Sunak must slap sanctions on pro-Beijing Hong Kong officials for alleged human rights abuses, a group of cross-party MPs and peers has said. The All Parliamentary Party Group (APPG) on Hong Kong today said the British government should financially sanction Hong Kong chief executive John Lee Ka-chiu, ex-chief executive Carrie Lam and other senior [...]
Putin visits Russian troops in Ukraine as G7 leaders vow to ‘intensify sanctions’ on Moscow at Japan meeting April 18, 2023 The Kremlin says Russian President Vladimir Putin has visited headquarters of the Russian troops fighting in Ukraine. A video released by the Kremlin early on Tuesday showed Mr Putin visiting the command post for Russian forces in the southern Kherson region. It showed Mr Putin receiving reports from the top military brass. He then moved [...]