Whatever Russia does, doubt does not even enter the equation. The answer is sanctions. So here we go again. The US Treasury-EU latest sanction package targets Russian banking, the energy industry and the defense industry.
Canada has expanded its sanctions against Russia to include the country’s largest lender Sberbank, and five other companies, as well as five individuals. Russia plans to retaliate against the measures.
Finland will not drop its plans to construct a nuclear power plant with Russia’s Rosatom. The project “will not shake Finland’s reputation” and “shouldn’t be mixed with politics,” Prime Minister Alexander Strubb told Radio Suomi.
Western sanctions against Russia, coupled with ongoing political instability in Libya and the advance of ISIS militants in Iraq, could leave the global oil supply exposed and push up oil prices to $150 per barrel, former BP chief Tony Hayward has warned.
In an exotic protest against the sanctions strife between the EU and Russia, hundreds of Dutch pelted each other with around 200,000 forbidden tomatoes in the heart of Amsterdam, not far from the city’s Royal Palace.
Sanctions imposed on Russia by the US and the EU are a part of a larger military agenda agreed by NATO in a summit 2014, Michel Chossudovsky, of the Centre for Research and Globalisation, told RT, calling such a strategy economic and financial warfare.
A 400-strong Russian crew is manning a French-built Mistral-class warship as it conducts sea trials. It comes after Paris announced the possible cancellation of the contract due to the conflict in Ukraine.
Russia considers the latest round of Western sanctions illegal and is ready to appeal against them to the World Trade Organization (WTO), Russian Economy Minister Aleksey Ulyukaev told reporters on Friday.
Russia’s Foreign Ministry has slammed the latest round of US sanctions over Ukraine as “another hostile move.” Moscow said that this will not change the country’s position, and added that imposing “counter-sanctions will not take long.”
Imports of Western cars and clothes into Russia could be restricted as part of a second round of “retaliatory” measures prepared in response to the sanctions against Moscow, says presidential aide Andrey Belousov.