Sanctions News

Moscow - Russia is ready to face a new round of Western sanctions over Ukraine, Prime Minister Dmitry Medvedev said Tuesday."I am sure we will be able to minimise their consequences," he said in a televised speech to parliament.

Washington - The United States has issued a license allowing Boeing to do business with Iran for the first time since the US embargo of 1979, a company spokesman told AFP Friday.

Brussels - Europe has ramped up its response to Russia's annexation of Crimea with a new round of sanctions that still fall short of Washington's moves and will have little bite, experts say.

Brussels - Twelve top Russian politicians, members of President Vladimir Putin's inner circle, and Black Sea and Crimea commanders feature on a new EU sanctions blacklist agreed Friday.Topping the latest European Union sanctions list -- which brings the total num...

Moscow - Visa and MasterCard have stopped servicing the credit cards of customers using Russian banks affected by the economic sanctions announced in Washington, the banks said Friday.Bank Rossiya, used by close associates of President Vladimir Putin, said in a...

Geneva - Russian billionaire Gennady Timchenko sold his stake in Gunvor a day before being named in sanctions announced by the United States over the Ukraine crisis, the Swiss-based commodity trading company said Thursday.

Washington - New U.S. sanctions against Russia that were announced Thursday target a bank so closely identified with President Vladimir Putin's inner circle that its chairman is widely known as "Putin's banker."Washington slapped business bans and asset freezes.

Washington - US President Barack Obama imposed sanctions on Vladimir Putin's inner circle and a "crony bank" for Russia's elite Thursday, while threatening to target Russia's broader economy over the Ukraine crisis."Russia must know that further escalation will onl...

Washington - US President Barack Obama imposed sanctions on more Russian officials and a bank Thursday and threatened to target the broader Russian economy if Moscow escalates its actions against Ukraine."Russia must know that further escalation will only isolate i...

Washington - Russia's intervention in Crimea has cost it "real economic pain," the United States said Wednesday as it readied a new slew of sanctions to punish Moscow for taking over Ukraine's southern peninsula."The question at this point is not if we will do more...