The European Union has made a significant move to freeze Russian assets worth €210 billion indefinitely. This decision comes after months of debate and legal maneuvering. The EU used a little-known treaty clause to bypass the usual unanimity requirement, which had become a sticking point due to Hung
In the wake of the Ukraine conflict, a significant number of Russian investors find themselves in a tricky situation. Their assets, held in European depositories, have been frozen, leaving them in a state of uncertainty. The European Union is currently considering using these frozen funds, including
Kyrgyzstan is not happy with the EU's latest sanctions. The country feels targeted unfairly and wants to talk things out. The EU's new sanctions list includes some Kyrgyz banks and companies. Kyrgyzstan says it follows all international rules and wants an independent check to prove it. The EU's san
The European Union is pushing for a new plan to inspect Russia's hidden oil tankers, known as the "shadow fleet. " This move is part of the EU's effort to cut off Russia's oil money, which is being used to fund the war in Ukraine. The EU's diplomatic team is asking member countries to support this p
The European Union is taking a stronger stand against Russia. The EU's governing body has rolled out new penalties. These penalties target Russia's energy and banking systems. The goal is to put pressure on President Vladimir Putin. These penalties are not final yet. They need to be approved by the
The European Union and Britain have taken a bold step. They have imposed new sanctions on Russia. This move comes just a day after a phone call between Trump and Putin. The leaders talked about ending the war in Ukraine. However, the call did not produce any results. The new sanctions target Russia
The European Union is taking a stand. It's planning to hit Russia with new sanctions. The goal? To push Vladimir Putin into accepting a 30-day truce in Ukraine. This move comes despite the United States not joining in right now. It's a bold step, but it's not without challenges. Hungary is firmly ag
The European Union and the United Kingdom have joined forces to tackle Russia's shadow fleet. This fleet is a group of around 500 old ships. They are used to secretly move oil, gas, and even stolen Ukrainian grain. This move is part of a bigger plan to punish Russia for its actions in Ukraine. The
In a surprising turn of events, a former U. S. president has proposed a significant tariff on Russian oil. This move is seen as a direct challenge to Russian President Vladimir Putin. The idea is simple: if you buy oil from Russia, you can't do business in the United States. The proposed tariff woul
A recent report shows that one of Ukraine's allies, the Czech Republic, has been spending big bucks on Russian oil and gas. In fact, they've spent five times more on Russian energy than they have on aid to Ukraine since the invasion started. This isn't just money, but it's also helping to keep the K
