President Joe Biden’s administration is to reverse some sanctions against Cuba and its communist regime. Under the revised policy, Biden’s administration will expand flights to the island nation and loosen travel restrictions for U.S. citizens. Greater access to American internet services, applications, and e-commerce platforms are also part of the shift in policy. Further, Cuban…
Europe Divided on Russian Oil and Gas Sanctions
March 22, 2022
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Business & Economycommoditieseconomic policiesEUEuropeMarketsoil sanctionsRussiaRussia-Ukraine WarWorld
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The European Union’s foreign ministers remained divided on Monday on whether to sanction Russia’s energy sector over its invasion of Ukraine. The EU has so far imposed four rounds of sanctions against Russia, targeting banks and oligarchs, while banning Russian aircraft from EU airspace and halting technology exports. Russian energy imports, on which Europe is…
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