Russia Sanctions - Page 3

A potential cutting-off of Russian gas would lead to recession and “chaotic conditions”, various German officials are now warning.

U.S. President Joe Biden and Prime Minister Justin Trudeau of Canada are reportedly blocking a British plan to fight food shortages and inflation by cutting back on biofuels in favour of edible crops, claiming it endangers their “net zero” ambitions.  

Energy companies in France have told the public that they must “immediately” reduce their energy usage as a result of Europe’s sanction war with Russia.

U.S. President Joe Biden says that the United States and other G7 leading economies intend to announce a ban on imports of gold from Russia.

Russia threatened action after Lithuania began to block sanctioned goods from travelling into the exclave of Kaliningrad.

The British government is launching a ‘Grow for Britain’ initiative to try and boost domestic food production, a leaked document has revealed.

LONDON (AP) – The average cost of filling up a typical family car has exceeded 100 pounds ($125) for the first time in Britain, as Russia’s war in Ukraine drives gasoline prices higher.

BRUSSELS (AP) – European Union leaders will gather Monday in a new show of solidarity with Ukraine but divisions over whether to target Russian oil in a new series of sanctions are exposing the limits of how far the bloc can go to help the war-torn country.

A shortage of gas triggered by Russia could leave six million without power, the govt asks coal stations it ordered close to remain open. 

Russian President Vladimir Putin pressed the West last week to lift sanctions against Moscow over the war in Ukraine, seeking to shift the blame from Russia to the West.

Russia will lift its blockade of the Black Sea and allow grain to be exported again from Ukraine once Western nations lift sanctions, the country’s Deputy Foreign Minister has said.

Former German chancellor Gerhard Schröder has quit his role on the supervisory board of the Russian oil company Rosneft after pressure from the European Union.

Russia shut off electricity supplies to Finland over the weekend, claiming that it had not received payments from Finland due to sanctions.

The European Union’s High Representative for Foreign Affairs and Security Policy says there is no guarantee that the 27-nation bloc will be able to finalise a new set of sanctions against Russia, with a small group of countries led by Hungary opposing a full oil embargo.

German citizens should be willing to endure hardship and deprivation to help in the war effort against Russia, a Ukrainian minister has said.

Climate crazies in Europe have been told to focus on harassing Germany by the EU Parliament’s President due to the state opposing a ban on Russian gas.

Hungary’s Prime Minister Viktor Orbán has warned that shortages of Ukrainian and Russian grain caused by the war and associated Russo-Western sanctions class will likely cause famine and new migration waves.

An EU wide embargo on Russian oil could lead to serious fuel shortages in many parts of Germany, one of the country’s ministers has admitted.

Major energy firms in Italy, Germany and elsewhere in Europe are allegedly preparing to open accounts in Russian roubles in order to pay for Russian gas in a scheme that may sidestep sanctions. Italian energy giant Eni SpA is allegedly

German inflation hit its highest level in over fourty years, as the economic fallout from lockdowns and the war in Ukraine continues to bite.

We are witnessing the potential destruction of globalization and the fragmentation of the global economy into competitive but somewhat isolated trading groups.

Italy’s Prime Minister Mario Draghi has drawn ridicule for saying that people can either choose peace in Ukraine or their air conditioners.

As the EU considers new sanctions against Russia, the Hungarian government has stated that it will pay for Russian gas supplies in rubles.

A Russian government official has threatened that Russia will limit its vital food exports to only nations it considers “friendly”.

Italian inflation rose to 6.7 per cent in March as the Russian invasion of Ukraine led to a surge in energy prices, marking the highest inflation the country has seen since July of 1991.

Ukraine’s leading English-language state media outlet has traduced Germany’s political class, including Angela Merkel and the sitting Chancellor and President, as bearing “collective responsibility” for having “effectively encouraged” Russian aggression.

Italy may be forced to ration gas supplies due to the country’s reliance on supplies from Russia, which could lead to businesses and households not being allowed to use air conditioning this summer. The ongoing Russian invasion of Ukraine has

PARIS (AP) – French automaker Renault plans to pause production at its Moscow plant in an apparent move to fend off mounting criticism, breaking ranks with other major French companies that have defied pressure to keep operating in Russia after it invaded Ukraine.

BRUSSELS (AP) – President Vladimir Putin’s threat to have “unfriendly” countries pay for Russian natural gas exports only in rubles from now on got the not-so-friendly treatment from European Union nations Thursday.

Vladimir Putin demanded “unfriendly” countries buy gas in rubles rather than dollars or euros in an attack against US global hegemony.

Ten European Union member-states have been exposed for selling hundreds of millions of euros worth of military kit to Russia between 2015 and 2020, despite sanctions.

LISBON, Portugal (AP) – High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers amid a truckers’ strike Friday and farmers in France and Greece snarling traffic with their protests.

PARIS (AP) – Because of the Russian invasion of Ukraine, Europe will no longer be attempting this year to send its first rover to Mars, which was to have probed whether the planet ever hosted life.

Despite initial hesitancy, both the UK and EU have committed to banning the export of luxury goods to Russia.

The Montreal Symphony Orchestra has dropped a young Russian prodigy pianist from events this week, despite the pianist being outspoken on his opposition to the Russian invasion of Ukraine.

MILAN (AP) – Italian paper mills that make everything from pizza boxes to furniture packaging ground to a halt as Russia’s war in Ukraine has sent natural gas prices skyrocketing.