Section: Sanctions
Exxon declined to comment information that it is seeking waiver from Russia sanctions
Exxon Mobil Corp on Wednesday declined to comment on a media report that it is seeking permission from the U.S. government to drill in several areas of the Black Sea banned by U.S. sanctions on Russia, according to Reuters. The Wall Street Journal reported that Exxon had in recent months applied to the U.S. Treasury Department for a waiver to...
U.K.`s financial sanctions enforcer sees U.S.-style results in new powers – Bloomberg
The U.K.`s financial sanctions enforcer has new legal authority to impose fines, toughen prison sentences and reward companies that voluntarily disclose suspected violations, changes that resemble U.S. enforcement and that the agency`s leader describe as ”transformational,” according to Bloomberg. The year-old Office of Financial Sanctions...
G7 rejects sanctions on Russia after ”chemical attack” in Syria
The G7 group of nations has failed to reach agreement over threatening new sanctions against Russia and Syria, according to the BBC. Foreign ministers were seeking a common position on the Syrian conflict, before the U.S. secretary of state flies to Russia to try to persuade it to abandon its Syrian ally, the BBC reported. The nations agreed...
Eurovision-2017: Deputy PM comments on possible sanctions against Ukraine over Russian entrant row
Deputy Prime Minister of Ukraine Viacheslav Kyrylenko said Kyiv is ready to further clarify to the European Broadcasting Union (EBU) the situation regarding the entry ban against Russian entrant Julia Samoilova if the issue of any sanctions arises following Eurovision-2017, Obozrevatel news outlet reports. ”I think that our position will be...
Britain to push for tough new sanctions on Putin – media
Britain is pushing western nations to impose new sanctions on Russia if Moscow fails to curb ties with Bashar al Assad amid the escalation of Syrian conflict, according to The Times. Boris Johnson, the British foreign secretary, is demanding that western nations draw up ”very punitive sanctions” in response to last week`s chemical attack on a...
Russian official reacts to possible introduction of new U.S. sanctions
A Federation Council member has issued a comment regarding the possibility of new sanctions being introduced by the U.S. government against Russia. ”Trump needs to think three times before imposing new sanctions on Russia,” Federation Council member Alexey Pushkov tweeted. The Russian official believes that in this case, the U.S. president will...
New Russia sanctions weighed in U.S. Senate over Moscow`s support for Assad
Senate Majority Leader Mitch McConnell on Friday indicated a willingness to work with Democrats toward drafting new sanctions targeting Russia in response to Moscow`s unwavering support for Syrian President Bashar Assad, according to The Washington Times. See also: U.S. imposes sanctions against eight Russian companies While Russia is already...
EU official says no sign Trump plans to ease Russia sanctions – media
A senior European Union official said on Tuesday he had seen no sign that U.S. President Donald Trump`s administration planned to lift sanctions on Russia over its activities in Ukraine, and warned that unilateral American sanctions on Russia could destabilize some European energy markets, according to Reuters. See also: The U.S. Treasury...
Anti-Russia sanctions over Ukraine will remain – U.S. State Secretary
U.S. Secretary of State Rex Tillerson says that the U.S. sanctions introduced against Russia over Ukraine will remain in place. ”We will continue to hold Russia accountable to its Minsk commitments. The United States sanctions will remain until Moscow reverses the actions that triggered our sanctions,” he said in remarks to the NATO-Ukraine...
European Broadcasting Union refutes reports on sanctions against Eurovision host Ukraine
The European Broadcasting Union (EBU) has confirmed to Deutsche Welle the Swiss tabloid Blick has quoted Ingrid Deltenre correctly on the issue regarding Russia`s Eurovision entrant in the contest to be held in Kyiv, at the same time emphasizing that the organization cannot be responsible for other conclusions by the newspaper, in particular...