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The U.S. expanded [https://home.treasury.gov/news/press-releases/jy1494] sanctions against Russia in coordination with the G7 and other international partners. The U.S. Treasury Department imposed sanctions on 22 people and 104 entities, the State Department imposed sanctions on nearly 200 people, entities, aircraft and ships. The
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French Pernod Ricard, one of the largest alcohol producers in the world, has announced its complete withdrawal from the Russian market. This was announced [https://www.pernod-ricard.com/en/media/pernod-ricard-cease-its-operations-russia] by the company’s press service. > “Pernod Ricard can confirm that it has stopped all exports of its
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The European Union plans to restrict trade and the use of Russian diamonds. Such a statement was made by the President of the European Council Charles Michel during his briefing in Hiroshima. “Russian diamonds are not forever,” Charles Michel said. According to Bloomberg, the ban requires the approval of all
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British Prime Minister Rishi Sunak has announced a ban on imports of Russian diamonds, copper, aluminum, and nickel. This was reported [https://news.sky.com/story/rishi-sunak-announces-ban-at-g7-on-russian-diamonds-copper-aluminium-and-nickel-12883673] by Sky News and on Rishi Sunak’s Twitter. > “Ensuring Ukraine wins is the most important thing we can do for global
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On May 19, Australia imposed [https://www.pm.gov.au/media/australia-stands-with-ukraine-and-g7-against-russias-invasion] new sanctions against Russia. In particular, the petroleum company Rosneft, a gold mining company, and a number of banks have been subject to new sanctions. Australian Prime Minister Anthony Albanese and Foreign Minister Penny Wong announced financial sanctions
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The European Union urges Georgia not to allow Russian planes to enter its territory, while maintaining sanctions against the aggressor country. Georgia is urged to take appropriate measures as a country applying for EU candidate status. On May 10, Russian President Vladimir Putin signed two decrees concerning Georgia: introducing visa-free
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The European Union proposed to prohibit access to its ports for vessels that are trying to bypass the already imposed restrictions on Russian oil, Bloomberg reports. The sanctions stipulate that vessels that violate the sanctions or are suspected of violating them by transshipment of Russian oil must be withdrawn from
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Austria’s Raiffeisen Bank has suspended the correspondent accounts of all banks in Russia except for its Russian subsidiary. This was stated [https://www.rbinternational.com/en/investors.html] in the presentation about the results of Q1 of 2023. The Austrian bank also said it continues to study possible options
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The European Union plans to impose sanctions against several Chinese companies as part of the fight against companies supplying Russia with banned goods and technology that support its war machine. This is reported by Financial Times. Seven Chinese companies accused of supplying Russia with equipment that can be used in
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The Czech Republic has made a decision to impose sanctions on the head of the Russian Orthodox Church, Patriarch Kirill. The government accused him of supporting Russian aggression against Ukraine, České Noviny reports [https://www.ceskenoviny.cz/zpravy/cesko-zaradilo-prvni-osobu-na-sankcni-seznam-patriarchu-kirilla/2357453] . Patriarch Kirill became the first person to be included in
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Estonia will consider closing the Koidula border crossing point with Russia in the south of the country. This was reported [https://www.err.ee/1608974270/eesti-hakkab-kaaluma-uhe-piiripunkti-sulgemist-venemaaga] by ERR with reference to the statement of the Minister of the Interior of Estonia Lauri Läänemets. According to him, the main reasons for
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South Korean company Hyundai Motor plans to sell its production facilities in Russia to a Kazakh company and leave the Russian market, Reuters reports. Negotiations on the sale of the facilities are at the final stage. The automaker was waiting for the final approval of the Russian government. Last year,