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The Latest Breaking News from Sberbank

Explainer-How the U.S. could tighten sanctions on Russia

The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian President Vladimir Putin.

Reuters

EU chief proposes Russian oil ban in new round of sanctions

The proposal, if accepted by EU members, seeks to stop crude oil imports in six months, refined products by end of 2022.

Al Jazeera

EU chief calls for phased ban on Russian oil in fresh set of sanctions

The European Commission President Ursula Von der Leyen has proposed a phased oil embargo on Russia over its war in Ukraine, as well as sanctioning the country's top bank, in a bid to deepen Moscow's isolation.

Radio France Internationale

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EU to sanction Credit Bank of Moscow, Russian Agricultural Bank -sources

The European Commission has proposed sanctions against Credit Bank of Moscow and the Russian Agricultural Bank, two EU sources told Reuters on Wednesday.

Reuters

EU leader calls for Russian oil ban in new set of sanctions

The EU chief concedes that that getting all 27 member countries — some of them highly dependent on Russia for energy supplies — to agree on oil sanctions will be extremely difficult.

WEKU

EU Plans Phased Oil Ban on Russia, Also Targeting More Banks

The European Union's chief executive on Wednesday proposed a phased oil embargo on Russia over its war in Ukraine, as well as sanctioning Russia's top bank and banning Russian broadcasters from European airwaves, in a bid to deepen Moscow's isolation. The plan, if agreed by EU governments, would mark a…

Asharq Al-Awsat

New EU Sanctions to Hit Russian Oil, Target More Banks

The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting Moscow's oil industry, more Russian banks and those responsible for disinformation, the EU's top diplomat said on Tuesday. "We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation…

Asharq Al-Awsat

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Report: Chinese credit card processor rebuffs Russian banks

A Russian news outlet says China's credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its attack on Ukraine

The Independent UK

EU chief urges member states to give Ukraine weapons quickly

Ursula von der Leyen says she doesn’t distinguish between heavy and light arms and suggests Sberbank could face sanctions

The Guardian - UK

Ukraine-Russia peace talks will end if Moscow ‘eliminates’ Mariupol fighters, says Zelenskiy

Russia has told Ukrainian soldiers in southern city to surrender as Ukraine president laments ‘inhuman’ situation there

The Guardian - AU

Russia-Ukraine war: what we know on day 53 of the invasion

Mariupol forces defy Russian demand for surrender, as European Commission chief urges fast supply of arms to Ukraine

The Guardian - UK

Hungary, Austria questioned EU blacklisting of Russia oligarchs - sources

Hungary and Austria questioned an EU decision to blacklist two Russian oligarchs but eventually accepted the move after pressure from other governments, European Union diplomats and officials said.

Reuters

EU agrees to freeze assets of Sberbank boss, Putin's daughters

The European Union has agreed to freeze the assets in the EU of the boss of Russia's top lender Sberbank, Vladimir Putin's two daughters and more oligarchs, according to a document published in the EU's official journal on Friday.

Reuters

‘No time for false comfort’ as Truss meets with Nato counterparts over Ukraine

The Foreign Secretary is set to discuss the crisis with Nato foreign ministers on Thursday.

The Independent UK

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Reuters

Russia laments 'significant losses' as Ukraine braces for major offensive

Russia on Thursday appeared to give the most damning assessment so far of its invasion, describing the "tragedy" of mounting troop losses and the economic hit as Ukrainians were evacuated from eastern cities before an anticipated major offensive.

Wales Online

UK to end all imports of Russian coal and oil by end of year

The measures are part of the latest sanctions designed to harm Putin's regime

Tribune News Service

Biden to block new investments in Russia by Americans

WASHINGTON — President Joe Biden will be signing an executive order blocking any new investments in Russia by Americans, White House economics adviser Brian Deese told reporters Wednesday.

Asharq Al-Awsat

US, UK up Russia Sanctions as Kyiv Warns of Eastern Attack

The US and Britain announced new sanctions against Russia Wednesday after Ukraine said hundreds of civilians were found dead around its capital, as Kyiv warned residents in the east of the country to get out "now" ahead of a feared assault. The White House unveiled measures targeting Russia's top public…

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The Independent UK

Johnson says Russian actions close to ‘genocide’ as UK imposes new sanctions

Britain joined the United States and the EU in announcing a fresh wave of economic measures against the regime in Moscow.

Al Jazeera

US reveals fresh Russia sanctions after atrocities in Ukraine

Citing abuses in Ukraine, US announces new penalties that target Putin’s adult children and Russia’s largest bank.

Chicago Sun-Times

US targets Putin’s daughters, Russian banks in new sanctions

The U.S. acted against two of Russia’s largest banks, Sberbank and Alfa Bank.

The Guardian - UK

Liz Truss announces full asset freeze against Russia’s biggest bank

Eight more oligarchs will also face sanctions and UK oil and coal imports will stop by end of year, says foreign secretary

The Independent UK

Biden vows to ‘ratchet up the pain’ on Russia as US imposes new sanctions on Putin’s and Lavrov’s families

A senior Biden administration official says the combined weight of US and EU sanctions has sent Russia into ‘economic and financial and technological isolation’

Roll Call

Biden to block new investments in Russia by Americans - Roll Call

An executive order would bar investment by domestic companies in their own facilities in Russia, as well as new mergers or acquisitions.

Insider UK

Lothian Pension Fund reveals investment in Russia's largest bank is now 'worthless'

The public sector scheme still owns shares in sanctioned Russian companies

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