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EU countries will take weeks to hammer out the next set of sanctions against Russia for its war in Ukraine, EU diplomats say, though they broadly support the measures including to restrict Russian LNG exports for the first time.
G7 finance leaders convene in Italy to discuss utilizing $300 billion in frozen Russian assets to aid Ukraine and addressing China's export dominance. The meeting aims to formulate plans for immediate financial support to Ukraine while exploring concerns over Chinese industrial overcapacity.
BRUSSELS (Reuters) - EU countries have agreed to add 10 new individuals and entities to the Iran sanctions list, sources with knowledge of the matter ...
BRUSSELS (Reuters) -EU countries have formally adopted a plan to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence, the Belgian government said on Tuesday. The text only needed a rubber-stamp by ministers after EU ambassadors reached the agreement in early May. Russia has repeatedly warned the West of consequences if its assets are touched and accused Washington of bullying Europe to take more radical steps to thwart it in Ukraine. Under the agreement, 90% of the proceeds will go into an EU-run fund for military aid for Ukraine against Russia&#...
EU countries will take weeks to hammer out the next set of sanctions against Russia for its war in Ukraine, EU diplomats say, though they broadly support the measures including to restrict Russian LNG... -May 21, 2024 at 12:32 pm EDT - MarketScreener