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The EU Considers Tightening Sanctions On Russia

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The European Union is considering tightening sanctions on Russia, as Moscow is accused of using the nuclear power plant in Zaporizhzhia, which it seized, to store weapons and launch missiles into the surrounding regions of southern Ukraine, Brussels said.

“Moscow must continue to pay a high price for its aggression,” said European Commission President Ursula von der Leyen, justifying the proposed measures, the Guardian reports.

Given that the conflict continues and increasingly causes global energy and food crises, EU foreign ministers are considering a ban on buying gold from Russia, which would be in line with the sanctions already imposed on that country by the G7 members, according to the British newspaper.

More Russian citizens could also be blacklisted by the EU.

Read more...

Russia Temporarily Shuts Down Nord Stream Gas Pipeline

Shutting down of the Nord Stream will temporarily reduce Europe's gas supply Russia has reduced Nord Stream gas exports to Europe as the pipeline enters...

IMF Expect Ukraine To Continue Paying Debt

The International Monetary Fund (IMF) expects Ukraine to continue to pay its foreign debt, an IMF spokesman said. In June, Oleh Ustenko, an adviser to...

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