Contents tagged with Sanctions

  • Russian Senator: Trump will probably reverse latest round of sanctions

    According to the First Deputy Chairman of Russia’s Federation Council Committee for Defense and Security, Frants Klintsevich, U.S. President-elect Donald Trump will most likely reverse Washington’s latest round of sanctions which were imposed on Thursday in response to the Kremlin’s alleged interference in the U.S. presidential election, TASS reported.

    "There is a big chance that Donald Trump will reverse the latest anti-Russian sanctions after he takes office," Klintsevich told reporters. …

  • Russian Foreign Ministry suggests expelling 35 U.S. diplomats in response to Washington's latest sanctions

    The Russian Foreign Ministry has suggested that Russian President Vladimir Putin expel 35 U.S. diplomats in response to Washington’s decision to expel 35 Russians on Thursday due to the Kremlin’s alleged involvement in hacking during the U.S. presidential election, TASS reported.

    The Russian Foreign Ministry has compiled a list of 31 U.S. Embassy employees in Moscow and four employees of the Consulate General in St. Petersburg who it recommends be expelled from Russia.

    "We, of course, cannot …

  • US puts more Russian companies and individuals on sanctions list over Syria and Ukraine

    The US has imposed sanctions on ten senior managers of the Russian TempBank, including two Deputy Chairmen, the Chairman and four members of the Supervisory Board. The information was published on Friday, December 23th, on the web site of the U.S. Department of Treasury.

    Sanction were also imposed on the top management of Technolab company, which is registered in Lebanon.

    Washington also imposed restrictive measures on several Syrian government officials: the Minster of Finance, the Minister …

  • Peskov: Russia will take 'adequate measures' in response to US Treasury Department's decision to extend sanctions

    Kremlin spokesman Dmitry Peskov said Moscow will take “adequate measures” in response to the US Treasury Department’s announcement on Tuesday that it would extend sanctions against Russia, TASS reported.

    "We regret that Washington continues this destructive line,” Pekov said. “We still disagree with this line and we believe that it very seriously harms our bilateral relations. Certainly, as this has been already in practice, the Russian side will take adequate measures.”

    "We can only once …

  • US Treasury Department expanded sanctions on Russia

    The US expanded sanctions against Russia imposed in relation to the Crimean Peninsula and to Moscow's policy in the east of Ukraine. According to a report published on Tuesday, December 20th, on the website of the US Treasury, seven more individuals and more than 20 companies were included in the sanctions list.

    Individuals who were included on the sanctions list were businessman Yevgeny Prigozhin, who has close business ties with the Russian Ministry of Defense and the managers of the banks …

  • Italy has blocked the extension of sanctions against Russia

    At the EU summit in Brussels, Italy blocked the attempt to extend sanctions against Russia for one year. Rome was also against the extension of sanctions for alleged crimes committed by Russia in Syria.

    This was confirmed by the participants of the summit.

    "We had a discussion, which, fortunately, ended without considering the option that would be, in my opinion, erroneous. That is to respond to the situation in Syria and Aleppo with the EU sanctions against Russia", the Prime Minister of …

  • Lithuanian President: The EU has already decided to extend sanctions against Russia

    Accordingly to Lithuanian President Dalia Grybauskaite, the European Union has already agreed to extend sanctions against Russia which are due to expire on January 31st, 2017, TASS reported.

    Upon her arrival at the EU summit in Brussels, Grybauskaite stated, "All member states understand that it is inevitable [the extension of sanctions]."

    "The written procedure is already in place," she noted.

    According to Russia’s ambassador to the European Union, Vladimir Chizhov, "This simple story has …

  • Media: The EU could extend sanctions against Russia next week

    The European Union member countries will decide on the extension of anti-Russian sanctions early next week.

    According to a high-ranking EU official in Brussels, this will be done “in accordance with the proposal of the President of France, François Hollande, and German Chancellor Angela Merkel.”

    As was confirmed by TASS, citing a source in the German Government, sanctions will likely be extended immediately after the meeting. “If the leaders make this decision, it will be possible to extend …

  • Former US Ambassador to Russia: New U.S. Secretary of State could expedite lifting of sanctions on Russia

    The former United States Ambassador to Russia, Michael McFaul, criticized the decision of the President-elect of the United States to nominate the Chief Executive Officer of the Exxon Mobile Corporation, Rex Tillerson, to the post of United States Secretary of State. McFaul expressed his concerns in Twitter.“Rex Tillerson did a fantastic job for shareholders of Exxon Mobile Corporation. I am not sure that the same skills will contribute to the work of U.S. Secretary of State,” McFaul wrote. He …

  • Merkel: Sanctions against Russia should be extended

    Before her meeting with French President François Holland in Berlin, German Chancellor Angela Merkel said that the EU's economic sanctions against Russia should be extended, Reuters reports.

    According to her, the sanctions should be extended due to a lack of progress in the implementation of the Minsk agreements.

    "Although we would have wished for a better progress in the implementation of the agreement, the lack of it is what causes the need to extend sanctions against Russia," Merkel said. …