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…
London Stock Exchange tells members to check for Russia sanctions compliance
LONDON (Reuters) -London Stock Exchange Group told market participants on Wednesday not to use its systems for transactions that could breach financial sanctions imposed on Russia following its invasion of Ukraine. LSEG…
Russian oil diversion post-EU sanctions to raise shipping hurdles
By Jeslyn Lerh and Emily Chow SINGAPORE (Reuters) -Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil…
U.S. official rules out secondary sanctions for Russian oil price cap
By Muyu Xu SINGAPORE (Reuters) – A U.S. Treasury official has ruled out secondary sanctions to enforce a price cap mechanism on Russian oil exports despite a proposal last week by U.S.…
Iran says U.S. move to ease internet sanctions is part of its hostile stance
DUBAI (Reuters) – Iran on Saturday criticised a U.S. move to make exceptions to sanctions in order to help provide internet to Iranians during nationwide protests, state media reported. It said this…
EU eyes oil price cap, more high-tech export curbs in new Russia sanctions -sources
By Gabriela Baczynska and John Chalmers BRUSSELS (Reuters) -The European Union is looking at an oil price cap, tighter curbs on high-tech exports to Russia and more sanctions against individuals, diplomats said…
No catastrophe, but sanctions on Moscow are working, says Russian economy veteran
By Darya Korsunskaya MOSCOW (Reuters) – Russia’s economy was on track to expand by 5%-6% in 2022 had Western sanctions not derailed growth for years and ushered in a period of technological…
Australia rules out ban on Russian tourists as part of sanctions
SYDNEY (Reuters) – Australia will not ban Russian tourists from entering the country as part of sanctions on Russia over the war in Ukraine, Defence Minister Richard Marles said on Sunday. Since…
EU sanctions prevent Moscow from making up military losses, top diplomat says
BRUSSELS (Reuters) – European Union sanctions are severely hurting Moscow’s potential to sustain its weapons and military equipment in the war on Ukraine, the EU’s top diplomat said on Tuesday, arguing almost…
Russian economy shrinks 4.1% y/y in Q2 as sanctions weigh – revised data
(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) – Russia’s economy shrank 4.1% year-on-year in the second quarter of 2022, data…
Russia sanctions Ben Stiller and Sean Penn over Ukraine support
LONDON (Reuters) – Russia hit Hollywood stars Ben Stiller and Sean Penn with sanctions on Monday in response to their public criticism of Moscow’s war on Ukraine. The foreign ministry included the…
Gazprom head says ‘sanctions confusion’ means Siemens cannot service Nord Stream 1 -Interfax
MOSCOW (Reuters) -Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural gas pipeline,…
‘Swimming In Cash’: Russia’s Oil Industry Is Booming Despite Sanctions
‘Swimming In Cash’: Russia’s Oil Industry Is Booming Despite Sanctions Jack McEvoy on August 29, 2022 Russia is raking in more money from its fuel exports than it did prior to the…
Canada sanctions Russian officials, defense entity over Ukraine invasion
(Reuters) – Canada has sanctioned 62 individuals and one defense sector entity over Russia’s invasion of Ukraine, Prime Minister Justin Trudeau said in a statement on Tuesday. The sanctioned individuals include high-ranking…
Russian economy shrinks 4% y/y in Q2 as sanctions weigh
MOSCOW – Russia’s economy shrank 4.0% year-on-year in the second quarter of 2022, the first full quarter of what Russia calls a “special military operation” in Ukraine, preliminary data from the federal…
Winter diesel shock looms as tanks dry up ahead of sanctions
By Ahmad Ghaddar and Rowena Edwards LONDON – Europe is heading into winter with seasonally low levels of diesel in storage tanks, with major implications for the continent’s industries and drivers in…
Russian state depository files lawsuit to overturn EU sanctions
MOSCOW – Russia’s National Settlement Depository has filed a lawsuit at the European Court of Justice in Luxembourg to overturn European Union sanctions imposed on it, the NSD said on Friday. The…
To Avoid Sanctions, Countries Are Ditching The US Dollar
To Avoid Sanctions, Countries Are Ditching The US Dollar Micaela Burrow on August 11, 2022 Countries are attempting to divest from the U.S. dollar as sanctions dig into Russian and Iranian economies,…
Factbox-Economic sanctions China has imposed on Taiwan over Pelosi visit
BEIJING – China on Wednesday suspended exports of natural sand to Taiwan and halted imports of fruit and fish products from the self-governed island as U.S. House of Representatives Speaker Nancy Pelosi…
US Quietly Sanctions Chinese Companies As Pelosi Lands In Taiwan
US Quietly Sanctions Chinese Companies As Pelosi Lands In Taiwan John Hugh DeMastri on August 2, 2022 The U.S. State and Treasury Departments announced sanctions of four Hong Kong-based companies Monday for…
U.S. targets Chinese, UAE firms in new Iran oil sanctions
By Daphne Psaledakis and Arshad Mohammed WASHINGTON -The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars’ in Iranian oil…
Republican Senators Call For Sanctions Against Russian Oil Sales To China
Republican Senators Call For Sanctions Against Russian Oil Sales To China Jack McEvoy on July 27, 2022 Republican senators introduced a bill Tuesday aimed at sanctioning Chinese purchases of Russian oil, according…
Cage The Kraken? Massive Crypto Firm Investigated For Allegedly Flouting Iran Sanctions
Cage The Kraken? Massive Crypto Firm Investigated For Allegedly Flouting Iran Sanctions John Hugh DeMastri on July 26, 2022 One of the world’s largest cryptocurrency exchanges is under investigation by the Treasury…
Britain targets Russian officials in new wave of sanctions
LONDON -Britain said on Tuesday it had sanctioned Kremlin-imposed officials in the Luhansk and Donetsk provinces in eastern Ukraine as well as 29 regional governors across Russia in response to Moscow’s invasion…
U.N. rights expert calls for sanctions against Myanmar’s junta after executions
GENEVA – A United Nations human rights expert on Monday called on countries to take steps against Myanmar’s junta through economic sanctions and an arms embargo following the execution of four democracy…
Russia: New EU sanctions will hurt global economy, hopes for food export progress
(Reuters) – Russia’s foreign ministry on Thursday said the latest round of European Union sanctions were illegitimate and would have “devastating consequences” for security and parts of the global economy. European Union…
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