Tag Archives: sanctions

Yandex Founder Calls for Sanctions Removal After Criticism of Russian Invasion

Yandex Founder Calls for Sanctions Removal After Criticism of Russian Invasion

Yandex NV co-founder Arkady Volozh shouldn’t have been sanctioned after Vladimir Putin’s invasion of Ukraine, as he was never close to the Russian president and has blasted Russia’s aggression toward its neighbor, a European Union court was told. “This is not about another businessman who built his wealth on the wave of privatization and state contracts,” William Julie, a lawyer for the tech magnate, told the EU’s General Court. Source link

Read More »

Russia faces new sanctions on its energy exports

Russia faces new sanctions on its energy exports

Russian President Vladimir Putin and Chinese President Xi Jinping.Photo by ALEXEI DRUZHININ/Sputnik/AFP via Getty Images The European Union’s upcoming ban on Russian oil products could spell more turmoil for the Kremlin. China and India are unlikely to buy refined Russian fuels that were once sold to the EU, which will ban them on February 5. That’s in contrast to Russian crude oil, which were snapped up by China and India after Europe shunned those supplies. Russia faces new sanctions on its… Source link

Read More »