U.S. Treasury Secretary Janet Yellen stressed the urgency of the G7 reaching an agreement to use the proceeds from frozen Russian assets and redirect them to Ukraine. This is raised as a crucial step ahead of the next meeting of the group in Sao Paulo.
The current situation has led to an increase…
Read More...
Browsing Tag
Ukraine
EU approved new sanctions against Russia
The European Union adopted its thirteenth package of sanctions against Russia in response to Russia's aggression against Ukraine. This new package affects some 200 individuals and entities, mainly from Russia. Here are the key details:…
The EU extended economic sanctions to Russia
The European Union (EU) extended for a further six months, until 31 July 2024, the economic sanctions it has imposed on Russia for the occupation of Ukraine.
The 27 began to implement punitive measures against Moscow since the annexation…
Russians with large fortunes continue to transfer money to Switzerland
As the war between Russia and Ukraine continues, some rich Russians continue to transfer their money to Switzerland. This was revealed by an investigation made public on September 14.
Among the wealthy people who have been mentioned in…
Ukraine will ask the US for financing to face its war
Ukraine will ask for between $12 billion and $14 billion from the United States in 2024 to cover expenses resulting from the Russian invasion and the slow progress of the Ukrainian counteroffensive.
"Talks have not yet been opened. There…
NATO leaders pledge to invest at least 2 % of GDP in defense
NATO leaders have promised this Tuesday to invest at least 2 % of their GDP in military spending, while recognizing that it will be necessary to go beyond this bar in view of the needs generated by the new security environment in relation…
Japan proposed reconstruction plans to Ukraine
The governments of Japan and Ukraine signed a memorandum of cooperation on restoration of Ukrainian infrastructure affected by the Russian invasion, which is based on the experience of Japanese specialists after the 2011 earthquake and…
EU completes last step to extend preferential tariffs with Ukraine
The European Union fulfilled the last formal step to extend for one year, until June 6, 2024, the exemption of tariffs, quotas and other trade barriers planned for imports from Ukraine, a gesture with which the bloc wants to help Kiev to…
Hague court orders Russia to pay $5 billion in compensation to Naftogaz
The Permanent Court of Arbitration in The Hague issued a landmark ruling ordering Russia to pay a record $5 billion in damages to Naftogaz, the state-owned Ukrainian energy company. The ruling stems from the confiscation of Naftogaz's…
Norway announced sanctions against Russia
The Government of Norway announced new sanctions against Russia and its president, Vladimir Putin, in retaliation for the invasion of Ukraine and in line with the latest series of restrictions adopted by the European Union on February 25,…
Putin believes that sanctions negatively affect Russia
The president of Russia, Vladimir Putin, admitted that the sanctions received as a result of the military offensive launched against Ukraine "may negatively affect" the evolution of the Russian economy, although he defended that in general…
Trump promises to resolve the conflict with Ukraine if he is re-elected president
The former president of the United States Donald Trump assured that, if he wins the next presidential elections in 2024, he will resolve the war between Ukraine and Russia in a matter of 24 hours and Kiev and Moscow will sign peace.
"It is…