Sanctions by the United States and its allies against Russia have worsened food inflation across the African continent Addis Ababa, Ethiopia | Xinhua | The impact of the Russia-Ukraine conflict is felt internationally, but it affects wheat and oil importing African countries worst, a business leader has said. “The Russia-Ukraine conflict …
Read More »Oil prices rise as traders weigh prospect of EU ban on Russian oil
New York, U.S. | Xinhua | Oil prices climbed on Thursday as traders weighed the prospect of a European Union (EU) ban on imports of Russian oil. The West Texas Intermediate for May delivery added 2.70 U.S. dollars, or 2.6 percent, to settle at 106.95 U.S. dollars a barrel on the …
Read More »EU ministers fail to decide on sanctions against Russian oil
Brussels, Belgium | Xinhua | European Union foreign ministers did not decide on sanctions targeting Russia’s oil and gas, EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell said on Monday. Addressing the media following a meeting of the EU’s foreign ministers in Luxembourg, Borrell said that although no …
Read More »U.S. imposes sanctions on Russia’s major financial institutions, Putin’s daughters
Washington, U.S. | Xinhua | The United States on Wednesday imposed additional sanctions on Russia for its military operation in Ukraine, targeting the country’s major financial institutions and the two daughters of Russian President Vladimir Putin. According to a factsheet from the White House detailing the measures, the United States will …
Read More »Trade sanctions against Russia drives up Canadian export values: statistics
Ottawa, Canada | Xinhua | The various trade sanctions against Russia indirectly drove up Canadian export values with higher demand and substantial price increases, Statistics Canada said Tuesday, publishing trade data in February with crude oil contributing the most to the export growth. According to Statistics Canada data, total trade (exports …
Read More »EU targets Russian coal, ships in new sanctions
Brussels, Belgium | Xinhua | The EU is proposing the 5th round of sanctions against Moscow, which among others target coal imports from Russia, European Commission President Ursula von der Leyen said on Tuesday. Von der Leyen said the six-pronged proposed sanctions will be discussed and given the final seal of …
Read More »Uganda in sanctions crisis
Targeting of top officials by U.S. puts country in diplomatic minefield Kampala, Uganda | IAN KATUSIIME | For the fourth year in a row, the Uganda government has been on the receiving end of sanctions from the United States which accuses it of overseeing deteriorating human rights in the country. …
Read More »IN THE INDEPENDENT: Uganda in US sanctions crisis
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Uganda in sanctions crisis: Targeting of top officials by U.S. puts country in diplomatic minefield THE LAST WORD Behind DRC entry into the EAC: How Museveni’s and Kagame’s military adventures have contributed more …
Read More »Iran not leaving negotiation table: president
Tehran, Iran | Xinhua | Iranian President Ebrahim Raisi said Thursday that his country has not withdrawn from the negotiation table in Vienna and will continue the talks on the restoration of the 2015 nuclear deal. “Negotiations are pursued with vigor and dignity, and we have not left the negotiating table,” …
Read More »Russia bans top EU officials from entry
Moscow, Russia | Xinhua | The Russian Foreign Ministry announced Thursday that “the top leadership” of the European Union (EU) has been barred from entering Russia in response to Brussels’ massive sanctions. The restrictions apply to a number of European commissioners, heads of EU military structures, and the vast majority of …
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