Russia warned the West on Wednesday it worked on a broad response to sanctions that would be swift and felt in the most sensitive areas in the West.
Russia economy East facing the most serious crisis since the fall of 1991 of the Soviet Union after the West imposed crippling sanctions on almost all Russian financial and business system after Moscow invasion of Ukraine.
“Russia’s reaction will be swift, thoughtful and sensitive. for whom it is addressed”, Dmitry Birichevsky, the director of department of the ministry of foreign affairs for economic cooperation, was quoted as saying by the RIA news agency.
The European Union has agreed to add more Russian oligarchs and officials to tighten their blacklist sanctions rules on cryptocurrency transfers and target the maritime sector over The Moscow War in Ukraine, diplomats said on Wednesday, as reported by Agence France-Presse (AFP).
The block of 27 nations also gave the green light to withdraw three Belarusian banks from the global SWIFT messaging system over from Minsk support for of the French Kremlin attack mission, who holds the rotating EU presidency, tweeted. EU plans to shut down off loopholes in the unprecedented dam of sanctions he unleashed with Western allies after Russian President Vladimir Putin launched the invasion.
the move cryptocurrency targeting aims to prevent individuals and businesses from being blacklisted using the encrypted digital systems to circumvent EU sanctions. The block is also adding to his list of banned technologies which can be exported to Russia car it seeks to erode the country’s industrial base.
the full details of the latest the penalties are set will be revealed shortly when they are officially published. in that of the EU official newspaper.
The EU tries to catch up up pressure on Kremlin and officials say they are ready to impose new sanctions on Moscow if not met no end to the war. But the bloc has so far rejected targeting Russia key oil and gas exports given the dependence of Member States on the energy of son giant eastern neighbor.
US President Joe Biden on Tuesday imposed an immediate ban on Russian imports of oil and other energy sources in reprisals for the invasion.
Russia warned earlier this week that oil prices could soar up for over $300 a barrel if the United States and European Union banned imports of crude from Russia. Russia says Europe consumes about 500 millions tons of oil one year. Russia provides about 30% of that is 150 millions tons, as well as 80 millions tons of petrochemicals.
Putin says the “special military functioning” is essential for ensure Russian security after NATO enlargement by the United States military alliance on Russia’s borders and supported pro-Western leaders in Kyiv. Ukraine says it happens bat for son existence and the United States and its European and Asian allies have condemned Russia invasion.
China, the world is second-most grand economycalled for restrained, but President Xi Jinping warned sanctions would slow down the world economy.
Russia warned the West on Wednesday it worked on a broad response to sanctions that would be swift and felt in the most sensitive areas in the West.
Russia economy East facing the most serious crisis since the fall of 1991 of the Soviet Union after the West imposed crippling sanctions on almost all Russian financial and business system after Moscow invasion of Ukraine.
“Russia’s reaction will be swift, thoughtful and sensitive. for whom it is addressed”, Dmitry Birichevsky, the director of department of the ministry of foreign affairs for economic cooperation, was quoted as saying by the RIA news agency.
The European Union has agreed to add more Russian oligarchs and officials to tighten their blacklist sanctions rules on cryptocurrency transfers and target the maritime sector over The Moscow War in Ukraine, diplomats said on Wednesday, as reported by Agence France-Presse (AFP).
The block of 27 nations also gave the green light to withdraw three Belarusian banks from the global SWIFT messaging system over from Minsk support for of the French Kremlin attack mission, who holds the rotating EU presidency, tweeted. EU plans to shut down off loopholes in the unprecedented dam of sanctions he unleashed with Western allies after Russian President Vladimir Putin launched the invasion.
the move cryptocurrency targeting aims to prevent individuals and businesses from being blacklisted using the encrypted digital systems to circumvent EU sanctions. The block is also adding to his list of banned technologies which can be exported to Russia car it seeks to erode the country’s industrial base.
the full details of the latest the penalties are set will be revealed shortly when they are officially published. in that of the EU official newspaper.
The EU tries to catch up up pressure on Kremlin and officials say they are ready to impose new sanctions on Moscow if not met no end to the war. But the bloc has so far rejected targeting Russia key oil and gas exports given the dependence of Member States on the energy of son giant eastern neighbor.
US President Joe Biden on Tuesday imposed an immediate ban on Russian imports of oil and other energy sources in reprisals for the invasion.
Russia warned earlier this week that oil prices could soar up for over $300 a barrel if the United States and European Union banned imports of crude from Russia. Russia says Europe consumes about 500 millions tons of oil one year. Russia provides about 30% of that is 150 millions tons, as well as 80 millions tons of petrochemicals.
Putin says the “special military functioning” is essential for ensure Russian security after NATO enlargement by the United States military alliance on Russia’s borders and supported pro-Western leaders in Kyiv. Ukraine says it happens bat for son existence and the United States and its European and Asian allies have condemned Russia invasion.
China, the world is second-most grand economycalled for restrained, but President Xi Jinping warned sanctions would slow down the world economy.