Tag Archives: sanctions

Ottawa, Canada | Xinhua | Due to Russian airspace closure to carriers from close to 40 countries, flights have to be rerouted or canceled, with the most heavily impacted markets in Europe-Asia and Asia-North America, the International Air Transport Association (IATA) announced on Monday. Publishing a factsheet and providing guidance on …

Moscow, Russia | Xinhua | Russia has “practically” completed the mission of destroying Ukraine’s main military infrastructure, including weapon warehouses, ammunition depots, aviation and air defense systems, President Vladimir Putin said on Saturday. Russian forces will fulfill all their assigned tasks and the operation in Ukraine is proceeding in accordance with …

Roscosmos Director General Dmitry Rogozin asked the United States to fly on their brooms Moscow, Russia | Xinhua | Russia has decided to cease deliveries of rocket engines to the United States in response to a new wave of Western sanctions related to the Ukraine conflict, state space corporation Roscosmos said on …

Volatility in the oil market is caused by geopolitical developments rather than changes in market fundamentals New York, U.S. | Xinhua | Oil prices surged again on Wednesday after major oil producers decided to stick to modest output increase despite supply fears amid the Russia-Ukraine conflict. The West Texas Intermediate (WTI) …

Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a decree introducing temporary economic measures to ensure the country’s financial stability, the Kremlin announced on Tuesday. These measures will be taken in response to anti-Russian sanctions by the United States, other countries and international organizations, according to the decree. Among …

Brussels, Belgium | Xinhua | The European Union (EU) should be ready to face the cost of its sanctions against Russia as Moscow is now widely expected to retaliate, EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell warned on Monday. “Sanctions will backlash, sanctions have a cost … …

New York, U.S. | Xinhua | Oil prices surged on Monday with Brent benchmark ending above 100 U.S. dollars a barrel, as investors assessed the impact of the latest sanctions against Russia. The West Texas Intermediate (WTI) for April delivery added 4.13 U.S. dollars, or 4.5 percent, to settle at 95.72 …

Moscow, Russia | Xinhua | Deputy Chairman of the Russian Security Council Dmitry Medvedev said Saturday that the current sanctions against Russia could be a reason to review relations with all states that have imposed them. “Sanctions are a good reason to review all relations with those states that have imposed …

London, UK | Xinhua | British Prime Minister Boris Johnson on Thursday announced a new round of “severe” sanctions against Russia, aimed at excluding Russian banks from the British financial system. Speaking to Parliament, Johnson said his country is announcing “the largest and most severe package of economic sanctions that Russia …

Washington, U.S. | Xinhua | U.S. President Joe Biden announced on Thursday additional sanctions against Russia and the deployment of more troops to Europe as conflicts in Ukraine continue to evolve. Speaking from the East Room of the White House, Biden said the new measures will target major Russian banks, limit …