Russia, European Union and sanctions
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22hon MSN
The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.
General Christopher Donahue, commander of U.S. Army Europe and Africa, said allies could seize Kaliningrad "in a timeframe that is unheard of."
EU sanctions aim to weaken Russia’s war economy with oil price caps, ship bans, and finance curbs—without disrupting global supply, says EU envoy to India.
Former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest sanctions package and said Moscow would intensify its strikes against Ukraine.
Europe will not back down in its support for Ukraine. The EU will keep raising the pressure until Russia ends its war,” EU foreign policy chief Kaja Kallas said in a statement.
An internal admission from Chinese Foreign Minister Wang Yi reveals Beijing's concern over Russia's defeat in Ukraine, raising alarm among EU officials and exposing China's deeper involvement despite public neutrality.
3don MSN
The European Union did not approve the 18th Russia sanctions package on Tuesday, the EU's foreign chief Kaja Kallas said after a meeting with EU foreign ministers in Brussels.
European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.