Source link New Western sanctions against Russian metals are a weapon that cuts both ways, Kremlin spokesman Dmitry Peskov has said. The US and UK have targeted Russian-origin aluminum, copper, and nickel, aiming to reduce Moscow’s export revenues. The “illegal” restrictions introduced last week will backfire on the countries that imposed them, Peskov claimed on […]
Source link The bloc will continue to look at options for using proceeds from frozen assets, leaders have said in a summit declaration The EU will continue to “explore options” for the seizure of revenues generated by frozen Russian assets to fund Ukraine, bloc leaders said after a summit in Brussels on Thursday. The West […]
Source link Western allies are looking for “viable” options to expropriate the funds, US Treasury Secretary Yellen has said The US and its allies will keep seeking a “firm” legal rationale to underpin plans to confiscate frozen Russian assets, US Treasury Secretary Janet Yellen told Reuters on Thursday. In an interview held shortly after a […]
Source link Gazans say a near-total communications cutoff has made phones “useless,” as they struggle to contact relatives Gaza continues to struggle with communications blackouts as the Israeli bombardment of the enclave drags on. Some Palestinians are being forced to resort to resourceful methods to keep in touch with relatives and the outside world. “After […]
Source link Budapest will continue negotiating with the European Commission, but it’s unclear how fast an agreement can be reached, said Gergely Gulyas Hungary and the European Commission remain far apart on a multi-billion euro aid package for Ukraine, and there is no certainty that a deal could even be reached, Gergely Gulyas, the head […]
Source link The activation of Article 7 was reportedly floated after Budapest blocked a massive financial support package for Kiev The possibility of Hungary temporarily forfeiting its voting rights within the European Union is reportedly being considered, the Financial Times has claimed. This development comes after heightened discussions, especially after Budapest opposed a €50 billion […]