G7’s Oil Price Cap Sanctions To Have Little Impact On Russian Revenue Immediately

Proposed G7 oil price cap to have little immediate impact on Russian revenue LONDON/NEW DELHI/MOSCOW: The Group of Seven (G7) nations’ proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow’s revenues, as it is broadly in line with what Asian buyers are already paying, five industry sources […]

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US Announces ‘Severe’ Sanctions On Russia Over Annexations

Biden said US condemns Russia’s fraudulent attempt to annex sovereign Ukrainian territory Washington: The United States on Friday announced “severe” new sanctions on Russia in response to what President Joe Biden called Moscow’s “fraudulent” claim to have annexed four Ukrainian regions. “The United States is imposing swift and severe costs on Russia,” the White House […]

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Finance, Energy Sectors On List In US’s Fresh Sanctions Against Russia

The US has imposed several tranches of sanctions targeting Moscow. (File) Washington: The United States will impose further sanctions on Russia, as it looks to the finance sector and Moscow’s ability to produce energy, the U.S. State Department’s head of sanctions coordination said on Wednesday. In prepared testimony to the Senate Foreign Relations Committee, James […]

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EU seeks trade sanctions on Russia over ‘sham’ Ukraine votes

BRUSSELS: European Union countries should impose “biting sanctions” on Russian trade and hit officials responsible for “sham referendums” held in parts of Ukrainesenior EU officials said Wednesday. European Commission President Ursula from the Leyen said the Kremlin-orchestrated referendums on joining Russia “are an illegal attempt to grab land and change international borders by force.” “We […]

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Moldova considers sanctions for citizens who fight for Russia in Ukraine

CHISINAU: Moldova may revoke the citizenship of its nationals who go to fight for Russia in Ukraine after being called up because they also hold Russian passports, pro-Western President Maia Sandu said on Monday. Russia launched a “partial” mobilisation last week to reinforce its troops in Ukraine, and there are 200,000 people with dual Moldovan-Russian […]

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Rajasthan Government Sanctions Rs 200 Crore For Free Sanitary Napkins To Women

Rajasthan is the first state where such scheme is being implemented. (Representational) Jaipur: The Rajasthan government has made a provision of Rs 200 crore in the 2022-23 budget to provide free sanitary napkins to women and girls, state minister Mamta Bhupesh said on Friday. Mamta Bhupesh, the women and child development minister, said the ‘I […]

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EU talks up Russia sanctions but consensus may prove elusive

BRUSSELS: The European Union appears determined to respond to new Russian attempts to annex parts of Ukraine with more sanctions, but finding a consensus among member countries is becoming increasingly difficult as measures meant to punish Moscow bite into their own economies. The 27-nation bloc has imposed six rounds of sanctions on Russia since President […]

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