Tag: sanctions

Lawmakers Urge Biden to Get Congressional Approval Before Using US Troops in Ukraine

A bipartisan group of lawmakers, including members of the “Squad” and the Freedom Caucus, sent a letter to President Joe Biden asking him to call on Congress to authorize using U.S. forces in Ukraine. “As you evaluate your possible course of action to address the potential conflict between Russia and Ukraine, we write to reassert…


UK Offers Extra Military Support for Ukraine, Says Ready to Escalate Russia Sanctions

The UK will provide further military support to Ukraine and is ready to escalate its sanctions on Russia, Prime Minister Boris Johnson told Parliament. At Prime Minister’s Questions in the House of Commons on Feb. 23, Johnson said, “In light of the increasingly threatening behaviour from Russia, and in line with our previous support, the…


Japan Announces Sanctions on Russia Over Actions in Ukraine

Japanese Prime Minister Fumio Kishida said Wednesday the country is imposing sanctions on Russia over its recent actions in Ukraine. The sanctions will include prohibiting the issuance of Russian bonds in Japan and freezing assets of certain Russian nationals, according to Kishida. The prime minister said that Russia acted to violate Ukraine’s sovereignty and asked…


Australia, Japan Announce Sanctions on Russia Over Actions in Ukraine

Australia and Japan announced Wednesday they will be imposing sanctions on Russia over its recent actions in Ukraine, joining a growing team of countries doing so. Russian President Vladimir Putin on Monday announced that Russia now regards two areas in Ukraine’s Donbas regions—Luhansk and Donetsk—as independent, and subsequently signed a decree authorizing Russian troops to be…


Sanctions Placed on Russia Must Ensure That the Country ‘Will Feel the Pain’: Irish EU Minister

European Union sanctions placed on Russia must ensure that the country “will feel the pain,” Irish EU affairs minister Thomas Byrne said on Feb. 22. “We’ve got to ensure that whatever happens, that Russia certainly feels the pain … and that’s going to happen,” Byrne told reporters. “Today, what has happened is a grotesque breach…


Sberbank, VTB Shares Rebound as Russia’s Top Banks Escape UK Sanctions

MOSCOW—Shares in Russia’s two largest lenders, Sberbank and VTB, reversed early losses to trade higher on Tuesday after the state-controlled groups escaped British sanctions on Russian banks. British sanctions targeted Bank Rossiya, Black Sea Bank, Genbank, IS Bank, and Promsvyazbank—smaller lenders of which only the latter is on the Russian central bank’s list of systemically…


Stocks of Russian Aluminum Giant Rusal Fall Amid Fears of Over Sanctions

Stocks of Russian aluminum giant Rusal fell on Monday as investors continue to monitor the ongoing tension along the border with Ukraine which could trigger sanctions against Russian entities. Rusal is one of the world’s largest manufacturers of low-carbon aluminum and accounted for roughly six percent of global aluminum supplies in 2019, estimated to be around 70 million…


UK Sanctions 5 Russian Banks and 3 Billionaires After Putin Orders Troops Into Eastern Ukraine

Britain has imposed sanctions on five Russian banks and three wealthy individuals in response to Russian President Vladimir Putin’s order to move troops into Eastern Ukraine. Putin announced on Feb. 21 that Russia will regard two areas in Ukraine’s Donbas region as independent, and signed a decree authorising Russian troops to be sent into the…


US to Announce Russia Sanctions on Tuesday After Putin Orders Troops Into Eastern Ukraine

The United States is set to issue sanctions directed at Russia following Russian President Vladimir Putin’s announcement that Russia will regard two areas in Ukraine’s Donbas region as independent, and his subsequent signing of a decree that authorized Russian troops to be sent into the area for so-called “peacekeeping operations.” Ukrainian President Volodymyr Zelensky in a presidential address to the…


US to Announce Russia Sanctions After Putin Orders Troops Into Eastern Ukraine

The United States is set to issue sanctions directed at Russia following Russian President Vladimir Putin’s announcement that Russia will regard two areas in Ukraine’s Donbas region as independent, and his subsequent signing of a decree that authorized Russian troops to be sent into the area for so-called “peacekeeping operations.” Ukrainian President Volodymyr Zelensky in a presidential address to the…