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 …
Sanctions
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 …
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 …
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 …
Western sanctions block $16-$18 billion worth of Belarusian exports to EU, U.S. – PM
(Reuters) – Sanctions that have been imposed on Belarus have blocked $16-$18 billion worth of its annual exports to the West, the Belta news agency …
Factbox-Western trade and transport sanctions on Russia
(Reuters) – The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to …
Factbox-Western financial sanctions on Russia
LONDON – The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to …
Factbox-Russia’s response to Western sanctions
LONDON – A package of sanctions imposed on Russia, its top companies and its business and political elite over Moscow’s invasion of Ukraine look set …
Russia puts sanctions on Gazprom units in Europe and U.S., part owner of pipeline
LONDON -Moscow has imposed sanctions on the owner of the Polish part of the Yamal pipeline that carries Russian gas to Europe, as well as …
Sixth EU sanctions package vs Russia is close, Germany says
BERLIN – The European Union is closing in on agreeing a sixth package of sanctions against Russia, a German foreign ministry spokesperson said on Monday. …
U.S. imposes sanctions on 27 Gazprombank executives, Russian TV stations
By Jeff Mason and Steve Holland WILMINGTON, Del. – The United States on Sunday unveiled sanctions against three Russian television stations, banned Americans from providing …
EU edges towards oil sanctions on Russia, no deal yet
BRUSSELS – European Union governments moved closer on Sunday to agreeing tough sanctions against Russia that include a ban on buying Russian oil, but scheduled …
Explainer-How the U.S. could tighten sanctions on Russia
By Daphne Psaledakis WASHINGTON – The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its …
Hungary cannot support new EU sanctions against Russia in present form -PM Orban
BUDAPEST -Hungary cannot support the European Union’s new sanctions package, which includes an embargo on oil imports, in its present form, Prime Minister Viktor Orban …
Russian services sector contracts in April as sanctions weigh – PMI
(Reuters) – Russia’s service sector activity shrank in April for the second month in a row, hurt by weak client demand and a drop in …
Russia’s Potanin dodges politics and sanctions to flourish
(Reuters) – So far, at least, “Nickel King” Vladimir Potanin is Russia’s ultimate survivor. Unlike many of Russia’s notable oligarchs, he has not been sanctioned …
EU clears $11.6 billion German scheme for companies hit by Russia sanctions
BRUSSELS – EU competition regulators on Wednesday approved a 11-billion-euro ($11.58 billion) German scheme to help companies hit by sanctions against Russia, similar to those …
CFP Board Imposes Public Sanctions On 25 Individuals
WASHINGTON, May 3, 2022 — Certified Financial Planner Board of Standards, Inc. (CFP Board) announced today public sanctions against 25 current or former CFP® professionals …
China discusses protecting assets from U.S. sanctions with banks -FT
(Reuters) – Chinese regulators held an emergency meeting with domestic and foreign banks to discuss how they could protect China’s overseas assets from U.S.-led sanctions …
Any Bolsonaro attempt to undermine Brazil election should be met with sanctions -ex U.S. diplomat
RIO DE JANEIRO – Washington should make it clear to the “messianic” Brazilian President Jair Bolsonaro that any effort to undermine his country’s elections would …
Sanctions tighten screws on Russia’s Sovcomflot as ship insurers cut cover
By Jonathan Saul LONDON – Western ship insurers are terminating cover for Russia’s leading shipping company Sovcomflot as multiple sanctions start to bite, companies involved …
Gazprombank account not necessarily breach of sanctions -German Ministry
BERLIN – European energy firms can open special accounts with Gazprombank to pay for Russian gas, a key demand by Moscow, without breaching sanctions if …
SWIFT sanctions could harm globalisation, Fidelity International says
By Elizabeth Howcroft LONDON – The West’s use of financial sanctions against Russia could risk creating parallel systems and hindering globalisation, the head of asset …
Poland sanctions Gazprom among 50 Russian firms and oligarchs
WARSAW -Poland is imposing sanctions on 50 Russian oligarchs and companies, the interior minister said on Tuesday, as it seeks to increase pressure on Moscow …
White House: More sanctions against Russia likely
WASHINGTON – The U.S. is likely to impose more economic sanctions against Russia over its invasion of Ukraine and “no one is safe from our …
U.S. Attorney Announces Charges Against Two European Citizens For Conspiring With A U.S. Citizen To Assist North Korea In Evading U.S. Sanctions
Damian Williams, the United States Attorney for the Southern District of New York, Matthew G. Olsen, the Assistant Attorney General for National Security, and Michael …
Port of Rotterdam feels impact of sanctions on Russia
By Toby Sterling AMSTERDAM – Europe’s biggest port Rotterdam said that goods throughput fell by 1.5% in the first quarter as trade was hit by …
Gold miner Polymetal delays projects amid sanctions pressure on Russia
(Reuters) – Polymetal has decided to postpone several projects amid Western sanctions on Russia after the gold and silver miner reported a 4% year-on-year increase …
Australia targets Putin’s daughters, Russian senators in fresh sanctions
SYDNEY – The Australian government has imposed sanctions and travel bans on two daughters of Russian President Vladimir Putin and Foreign Minister Sergei Lavrov’s daughter, …
New U.S. sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver
By Daphne Psaledakis and David Brunnstrom WASHINGTON -The United States on Wednesday imposed sanctions on dozens of people and entities, including a Russian commercial bank …
New UK trade sanctions hit Russian caviar and diamonds
LONDON -Britain ramped up trade sanctions on Russia, targeting luxury goods including caviar, silver and diamonds through import bans and higher tariffs, seeking to punish …
China’s March alumina exports to Russia soar as sanctions over Ukraine bite
BEIJING – China’s alumina exports to Russia surged over 90 times in March from the same period a year earlier, customs data showed on Wednesday, …
Russia to spend over $32.3 billion to support economy under sanctions
(Reuters) – Russia plans to spend over 2.5 trillion roubles ($32.3 billion) on supporting its economy that has been targeted by unprecedented western sanctions, Finance …
New Zealand imposes new sanctions on Russian banks
WELLINGTON – New Zealand unveiled new sanctions on Tuesday targeting Russia’s largest banks and financial institutions, in its response to the invasion of Ukraine. “We …
Ships carrying Russian fertilizers find way to Brazil despite sanctions
By Ana Mano SAO PAULO – Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data shows orders …
New EU sanctions on Russia to target Sberbank, Commission head tells paper
FRANKFURT – The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank, as well as oil, the head of the European Commission …
Ukraine’s Zelenskiy and Biden discuss defensive aid and sanctions
(Reuters) – Ukrainian President Volodymyr Zelenskiy and U.S. President Joe Biden discussed additional defensive and financial aid for Kyiv as well as sanctions and alleged …
Analysis-Russian workers face new reality as Ukraine war sanctions sap job prospects
LONDON – The phone call telling Oleksandr Kyryliuk he was losing his job came just hours after Russian troops stormed into Ukraine. His employer, beermaker …
U.S. crypto researcher sentenced to five years for helping North Korea evade sanctions
By Jody Godoy (Reuters) – A former researcher at a high-profile cryptocurrency group was sentenced to five years and three months in prison on Tuesday …
United States Citizen Who Conspired To Assist North Korea In Evading Sanctions Is Sentenced To More Than 5 Years And Fined $100,000
Damian Williams, the United States Attorney for the Southern District of New York, announced today that VIRGIL GRIFFITH, a U.S. citizen who conspired to provide …
Russia’s LNG plans face rethink after EU sanctions on equipment -analysts
(Reuters) – Russia will need to rethink its aim of a 20% share of the global LNG market after EU sanctions targeted equipment it needs …
Ukraine’s Zelenskiy urges quick EU sanctions on Russian oil, all banks
VILNIUS – Ukrainian President Volodymyr Zelenskiy urged the European Union on Tuesday to impose sanctions on all Russian banks and Russian oil and to set …
Analysis-Even with sanctions, Russia can afford to feed its war machine
By Mark Trevelyan and Jacob Gronholt-Pedersen LONDON – Russia can afford to wage a long war in Ukraine despite being hammered by Western sanctions aimed …
Hungary says roubles-for-Russian gas plan breaches no EU sanctions
BUDAPEST – Hungary plans to pay for Russian gas in euros through Gazprombank, which will convert the payment into roubles to meet a new requirement …
EU sanctions on Russian rubber to hit Nokian Tyres output
HELSINKI – Finnish tyre maker Nokian Tyres said on Monday new sanctions imposed by the European Union (EU) on Russia will have a significant impact …
Capacity crunch may abort U.S. satellite boom as sanctions threaten Russia launches
By Akash Sriram (Reuters) – Houston, we have a problem! U.S. rocket companies are facing the daunting task of ferrying hundreds of satellites to space …
Saxo Bank terminates Russian, Belarussian clients following sanctions
COPENHAGEN – Danish investment bank Saxo Bank said on Saturday it had terminated clients from Russia and Belarus in response to sanctions imposed on those …
Airbus sees raw material supply secured even in case of sanctions -FAS
(Reuters) – Airbus said its production targets are not affected by the war in Ukraine as it sees raw material supplies secured even if Russian …
Factbox: How Western sanctions target Russia
By John McCrank NEW YORK – The West’s punishment of Moscow over its invasion of Ukraine ramped up this week following the discovery of civilians …
U.S. farmers, in Havana, say sanctions stymieing food sales to Cuba
By Dave Sherwood HAVANA – U.S. farmers, on a trade tour in Cuba, said on Wednesday they would like to sell more wheat and other …