Tag: sanction

EU chief proposes raising tariffs on Russian grain

BRUSSELS, Belgium, March 22, 2024 (AFP) – EU chief Ursula von der Leyen said Thursday Brussels was proposing raising tariffs on Russian and Belarusian grain to protect Europe’s farmers and punish Moscow over its war on Ukraine. The announcement came hours after Ukrainian President Volodymyr Zelensky complained to EU leaders that it was not fair Russian grain continued to have “unrestricted” access to their markets, while Ukrainian imports were being limited. “It will prevent Russian […]

Iran and Venezuela have ‘common enemies,’ Raisi says in Caracas

CARACAS, June 13, 2023 (AFP) — Iranian President Ebrahim Raisi began a rare diplomatic tour of Latin America on Monday with a first stop in Caracas, where he said his country and Venezuela are “friends” with “common enemies.” Raisi’s schedule is also set to include visits to Cuba and Nicaragua, who, like Iran and Venezuela, are all the target of US sanctions. “We have common interests, common visions, and common enemies,” the president said, without […]

Russian President Vladimir Putin says sanctions could have ‘negative’ impact on Russia

  President Vladimir Putin conceded Wednesday that sanctions imposed on Russia for its intervention in Ukraine could bring about “negative” consequences for the country, after insisting Moscow was adapting to the penalties. “The sanctions imposed against the Russian economy in the medium term could really have a negative impact,” Putin said in a televised meeting with the government. Western capitals have imposed unprecedented sanctions on Moscow after Putin launched his operation in Ukraine over a […]

Canada sending four more Leopard tanks to Ukraine

Toronto, Canada | AFP | Canada is sending four additional battle tanks to Ukraine — doubling its commitment — and sanctioning an additional 192 Russian individuals and entities, Prime Minister Justin Trudeau announced Friday. “Canada has stood in solidarity with Ukraine since the beginning of the conflict,” Trudeau said in a news conference on the anniversary of Russia’s invasion of Ukraine. “We will continue to do so,” Trudeau told journalists, speaking in Toronto where he […]

EU agrees fresh sanctions on Russia over Ukraine war

BRUSSELS, Belgium (AFP) — The EU agreed a fresh round of sanctions on Russia over the war in Ukraine on Thursday, after complaints from hawkish eastern European leaders some countries tried to water them down. The bloc’s executive arm last week proposed a ninth round of sanctions on Moscow. They included blacklisting “almost 200” individuals and entities, targeting three banks, curbing mining investments and banning more Russian TV channels. In the face of Russian strikes […]

EU extends Myanmar sanctions, targets minister and judge

  Brussels, Belgium | AFP | The EU on Tuesday extended its sanctions on Myanmar’s junta, targeting 19 more individuals and entities including a minister and a chief justice. The measures against Myanmar were announced by the European Council because of “the continuing escalation of violence and grave human rights violations following the military takeover two years ago”. It was the fifth package of EU sanctions on the southeast Asian country, under military rule since […]

Megayacht sparks warnings Hong Kong could become Russia haven

by Jerome Taylor and Su Xinqi Agence France-Presse HONG KONG, China (AFP) — The recent visit of a Russian megayacht to Hong Kong has sparked warnings from corruption investigators that the city could become a haven for oligarchs and officials hiding from Western sanctions. The Nord — a $500 million vessel linked to Russian billionaire Alexei Mordashov — spent a little over three weeks in the Chinese territory before leaving last Thursday. Mordashov is among […]

Iran vows ‘immediate’ response to new EU sanctions

Tehran, Iran (AFP) — Iran vowed Monday an “immediate” response to the European Union as it prepares new sanctions on the Islamic republic after over a month of protests sparked by Mahsa Amini’s death. EU foreign ministers met Monday to adopt sanctions on Iran, including on the morality police in whose custody Amini died on September 16 after she was detained for allegedly breaching Iran’s strict dress code for women. Iran will “decide and act […]

UK sanctions Putin circle including alleged girlfriend

Britain on Friday sanctioned 12 members of Russian President Vladimir Putin’s “inner circle” including his reputed girlfriend, accusing them of hiding tens of billions of dollars on his behalf. The list included Putin’s ex-wife Lyudmila Ocheretnaya and Alina Kabaeva, a former Olympic gymnast whom UK officials described as his “current partner”, as well as Kabaeva’s grandmother Anna Zatseplina. The European Union has proposed sanctioning Kabaeva, according to a document seen last week by AFP. She is said […]

US slaps sanctions on Putin’s daughters, Russia’s biggest banks

  The White House announced sanctions Wednesday targeting Russia’s top public and private banks and two daughters of Vladimir Putin, adding pressure on the country’s economy and its elite over the invasion of Ukraine. The new sanctions targeted Maria Vorontsova and Katerina Tikhonova, two adult daughters of Putin’s with his former wife Lyudmila Shkrebneva. Also hit with new sanctions were the wife and daughter of Russian Foreign Minister Sergei Lavrov and members of Russia’s Security […]

France says, sanctions will cause ‘collapse’ of Russian economy

PARIS, France (AFP) — France said on Tuesday that Western sanctions against Moscow over its invasion of Ukraine will cause the Russian economy to collapse. “We will bring about the collapse of the Russian economy,” Finance Minister Bruno Le Maire told the Franceinfo broadcaster a day after France, the EU and others said they would impose a new round of sanctions on Russia. “The economic and financial balance of power is totally in favour of […]

Oil soars, ruble dives on fallout from Russia sanctions

NEW YORK, United States (AFP) — Oil prices surged Monday while the ruble collapsed and global stocks mostly retreated after world powers imposed new sanctions on Russia over its invasion of Ukraine. Western powers added to the growing litany of penalties on Moscow, with the United States and Canada banning all transactions with Russia’s central bank and the European Union adding more close allies of President Vladimir Putin to its sanctions blacklist. Russian President Vladimir […]