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…
India explores setting up rupee trade accounts with Russia to soften sanctions blow – sources
By Rajendra Jadhav, Nupur Anand and Aftab Ahmed MUMBAI – India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on New Delhi…
Russia to widen trade, economic ties with Asia after Western sanctions
MOSCOW – Russia’s economy ministry on Friday said it was working on measures to minimise the effect of Western sanctions imposed after Russia’s invasion of Ukraine and would be stepping up trade…
MSCI says it won’t make previously flagged changes to Russian securities due to sanctions
HONG KONG – MSCI will not implement changes for Russian securities that it had previously announced as part of its February review, following U.S. sanctions targeting Russia, the index provider said in…
Sanctions could complicate Citigroup sale of Russian consumer bank -sources
By David Henry and Matt Scuffham NEW YORK – The sale of Citigroup’s Russian consumer bank could be complicated by U.S. sanctions on Russian state bank VTB, the only publicly confirmed bidder,…
U.S. hits major Russian banks with sanctions over invasion of Ukraine
WASHINGTON – The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members of the elite in new measures as…
EU’s new sanctions on Russia will target industry, export controls – diplomat
BRUSSELS – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU diplomat said on Thursday. “We want the…
Biden To Sanction Nord Stream 2 After Removing, Blocking Trump Sanctions: REPORT
Biden To Sanction Nord Stream 2 After Removing, Blocking Trump Sanctions: REPORT Thomas Catenacci on February 23, 2022 The Biden administration is set to announce that it will allow economic sanctions to…
‘Too Little Too Late’: Top Senate Republicans React To Biden Bringing Back Nord Stream 2 Sanctions
‘Too Little Too Late’: Top Senate Republicans React To Biden Bringing Back Nord Stream 2 Sanctions Thomas Catenacci on February 23, 2022 Senate GOP leaders reacted after President Joe Biden waited until…
EU imposes sanctions on Russian ministers of defense, economy
– The European Union said on Wednesday it had imposed sanctions on a number of senior Russian officials, including Defence Minister Sergei Shoigu and Economy Minister Maxim Reshetnikov, after Moscow recognized the…
Broad majority of Americans support Russia sanctions – poll
By Jason Lange WASHINGTON – More than two-thirds of Americans think the United States should impose additional sanctions against Russia as it masses its forces along the border with Ukraine, according to…
Biden says U.S. to impose sanctions on company building Russia’s Nord Stream 2 pipeline
– U.S. President Joe Biden said on Wednesday his administration will impose sanctions on Nord Stream 2 AG, the company in charge of building Russia’s Nord Stream 2 gas pipeline. “Today, I…
‘We Need To Be Honest’: Biden Suggests US Gas Prices Will Increase Because Of His Russian Sanctions
President Joe Biden suggested that Americans may be negatively impacted at the pump as a result of a sanctions package targeting Russia he unveiled Tuesday. “As we respond, my administration is using…
New Russia debt sanctions to have “limited implications” for bond holders – JPMorgan
LONDON – JPMorgan’s emerging market strategists said on Wednesday that new U.S. sanctions on Russian sovereign debt announced this week were likely to have limited implications for the international investors that already…
UK calls in finance heads and regulators to talk sanctions – BBC editor
LONDON – British Prime Minister Boris Johnson’s office and the Treasury have called in finance bosses and regulators to discuss how to ensure recently-announced sanctions on Russia are effective, the BBC’s political…
Russia sanctions would only have limited impact on French economy -Le Maire
PARIS – French Finance Minister Bruno Le Maire said on Wednesday that the sanctions imposed by the Western countries on Russia for ordering troops into separatist regions of eastern Ukraine would have…
As sanctions start, Russia’s trade flow shifting towards China
By David Lawder and Jason Lange WASHINGTON – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying key Russian…
MSCI details possible changes to Russian indexes in event of new sanctions
– MSCI said it had not taken any action on Russia following a volley of sanctions by Western governments, but signalled it would consider taking steps such as freezing Russian indexes if…
Russia’s Sberbank and VTB would face sanctions if invasion proceeds, U.S. official says
WASHINGTON – Russia’s Sberbank and VTB would face American sanctions if Moscow proceeds with its invasion of Ukraine, a senior U.S. administration official told reporters on Tuesday, warning that no Russian financial…
U.S. imposes sanctions on two Russian banks – Treasury Dept
– The United States imposed sanctions on Russia’s VEB Bank and Promsvyazbank on Tuesday, according to statement from the U.S. Treasury Department, after Moscow formally recognized two regions of eastern Ukraine as…
U.S. banks do not expect major financial impact, risk contagion from Russia sanctions – sources
WASHINGTON – Banks in the United States do not expect a material financial impact on their businesses, or broader risk contagion, as a result of sanctions Washington and other countries are imposing…
Companies exposed to Russia brace for new sanctions
– Foreign companies with exposure to Russia were poring over contingency plans on Tuesday, with some looking at whether to shift production or find new supply chains to shield their businesses from…
Russia’s Putin pledges uninterrupted gas supplies as sanctions loom
By Katya Golubkova and Oksana Kobzeva MOSCOW – Russia will continue uninterrupted natural gas supplies to world markets, President Vladimir Putin pledged on Tuesday, after Germany halted a key gas pipeline’s certification…
EU foreign ministers could agree sanctions package on Tuesday, source says
BRUSSELS – EU ambassadors have been discussing a sanctions package on Russia consisting of four parts which could be agreed by the bloc’s foreign ministers at a meeting later on Tuesday in…
Baltics call for swift EU sanctions on Russia after it recognizes Ukrainian breakaway republics
By Andrius Sytas VILNIUS – The European Union must impose sanctions on Russia immediately after it recognised two Ukrainian breakaway regions as independent, the governments of the Baltic states of Estonia, Latvia…
Aluminium shortages to deter blanket sanctions on Rusal – analysts
By Pratima Desai LONDON – The United States and European Union countries are unlikely to impose blanket sanctions on Rusal if Russia invades Ukraine as that would exacerbate aluminium shortages, propel prices…
Breaking News
