Trump says final Nippon Steel deal not yet approved, addresses Russia sanctions and foreign policy
WASHINGTON, D.C. — President Donald Trump told reporters Friday that the Nippon Steel acquisition is not finalized and requires his approval, while also commenting on sanctions legislation against Russia and the prospects…
EU to add Sberbank, Russian metals baron to sanctions list
By Francesco Guarascio BRUSSELS – The EU is set to add Russia’s top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals and companies…
Column-Recession would make tough oil sanctions on Russia more likely: Kemp
By John Kemp LONDON – Recession in the major economies is the only sure-fire way to reduce Russia’s petroleum revenues – an uncomfortable truth Western policymakers have tried to obfuscate from voters…
Analysis: Sanctions on Russia’s debt entangle default insurance payouts
By Davide Barbuscia and Karin Strohecker NEW YORK – Investors hit by Russia’s debt default may have to settle some of their positions privately if the U.S. Treasury does not green-light an…
‘We Also Have Something To Claim Back’: Top Russian Adviser Threatens To Reclaim Alaska Over U.S. Sanctions
‘We Also Have Something To Claim Back’: Top Russian Adviser Threatens To Reclaim Alaska Over U.S. Sanctions Josh Hypes on July 7, 2022 One of Vladmir Putin’s top advisers warned the U.S.…
Biden Admin Says It’s ‘On The Same Page’ As Ally Attempting To Help Iran Avoid Sanctions
Biden Admin Says It’s ‘On The Same Page’ As Ally Attempting To Help Iran Avoid Sanctions Micaela Burrow on July 6, 2022 A U.S. ally in the Persian Gulf is funneling goods…
UK to introduce new sanctions on Belarus and Russian media
LONDON -Britain said it would on Tuesday introduce new economic, trade and transport sanctions on Belarus over its support for Russia’s invasion of Ukraine, and also sanctioned six Russians it said were…
Russia to spend $14.5 billion to boost local aircraft production amid sanctions
(Reuters) – Russia’s government announced plans on Monday to invest 770 billion roubles ($14.5 billion) in the country’s aviation industry by the end of this decade to boost the share of domestically-manufactured…
U.S.’s Russia sanctions architect Singh departs as Ukraine war drags on
By Andrea Shalal WASHINGTON – U.S. President Joe Biden will have a new “sherpa” on his trip to Germany next week – a former BlackRock strategist named Mike Pyle, who replaces Washington’s…
Biden Administration Issues New Sanctions On Iran As Nuclear Deal Prospects Plummet
Biden Administration Issues New Sanctions On Iran As Nuclear Deal Prospects Plummet Micaela Burrow on June 17, 2022 The Treasury Department announced new sanctions on Iranian, Chinese and Emirati companies accused of…
Russia Cuts Gas Flows To Europe, Blames Sanctions
Russia Cuts Gas Flows To Europe, Blames Sanctions Thomas Catenacci on June 16, 2022 Russian state-run energy giant Gazprom reduced natural gas exports headed for Europe by a significant margin Thursday, sending…
Russian truckmaker Kamaz struggles to settle payments due to sanctions, CEO says
(Reuters) – Kamaz, Russia’s largest truckmaker, sees its exports stagnating at last year’s levels or falling slightly as clients shy away from settling payments with the firm after it was hit by…
Latin Music Company Executives Arrested on Federal Complaint Alleging Violations of U.S. Sanctions Related to Drug Traffickers
LOS ANGELES – FBI agents today arrested two music business executives – including the CEO of a Latin music conglomerate – who are charged with conspiring to violate the Foreign Narcotics…
Despite Four Months Of Sanctions, Russian Energy Exports Are Still Booming
Despite Four Months Of Sanctions, Russian Energy Exports Are Still Booming Thomas Catenacci on June 14, 2022 Russian energy producers have raked in nearly $100 billion in export revenue since the beginning…
Russia to restrict budget data in response to Western sanctions
(Reuters) – Russia will start restricting public access to some government data in an attempt to protect the country from additional sanctions, the finance ministry said on Tuesday. In a statement, the…
Committee defers decision on Russia CDS auction after U.S. sanctions update
By Jorgelina do Rosario LONDON – The EMEA Credit Derivatives Determinations Committee said on Thursday it was deferring a decision over how to hold a potential auction on Russian credit default swaps…
U.S. Treasury monitoring any moves to circumvent Russian sanctions through use of gold-Yellen
WASHINGTON – The U.S. Treasury Department has made clear that gold-related transactions involving Russia may be sanctioned, and is closely monitoring any efforts to circumvent U.S. sanctions through the use of gold,…
Russian state depository halts operations in euros after EU sanctions
(Reuters) – The Russian National Settlement Depository (NSD) said on Friday it suspends operations in euros due to the latest EU sanctions, calling the situation an emergency. The European Union has expanded…
EU blacklists wife of Russian billionaire Melnichenko to curb bypassing sanctions
BRUSSELS – The European Union on Friday blacklisted Aleksandra Melnichenko, the wife of Andrey Melnichenko, a previously sanctioned Russian billionaire who Reuters revealed had reassigned his companies to her in a bid…
Canada says Chinese warplanes harassed its patrol aircraft on N.Korea sanctions mission
By Josh Smith SEOUL – Canada’s military has accused Chinese warplanes of harassing its patrol aircraft as they monitor North Korea sanction evasions, sometimes forcing Canadian planes to divert from their flight…
Saudi Arabia to raise oil production if Russian output falls under sanctions- FT
(Reuters) – Saudi Arabia is prepared to raise its oil production if Russia’s output falls substantially because of the western sanctions imposed on it, the Financial Times reported on Wednesday, citing sources.…
U.S. will again urge U.N. sanctions if North Korea carries out nuclear test
By Michelle Nichols UNITED NATIONS – The United States will again push for more U.N. sanctions on North Korea if it carries out a seventh nuclear test, despite opposition by China and…
Russia’s Sberbank says working as usual despite new EU sanctions
(Reuters) – Russia’s largest lender Sberbank said on Tuesday new European sanctions would not impact its operations after European Union leaders agreed to cut bank that was already under sanctions from the…
Explainer: Why is the EU struggling to agree Russian oil sanctions?
By Kate Abnett BRUSSELS – European Union countries are struggling to agree oil sanctions against Russia over its invasion of Ukraine, nearly four weeks after the European Commission proposed them. Why is…
EU unity on Russian sanctions ‘starting to crumble’, German minister says
BERLIN – German Economy Minister Robert Habeck on Sunday expressed fears that the European Union’s unity was “starting to crumble” ahead of a summit to discuss an oil embargo against Russia and…
EU to make breaking sanctions against Russia a crime, seizing assets easier
By Jan Strupczewski BRUSSELS – The European Commission proposed on Wednesday to make breaking European Union sanctions against Russia a crime, a move that would allow EU governments to confiscate assets of…
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