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The UK will impose trade sanctions against Russia. It will ban the import of silver, wooden crafts, caviar, and other products from Russia. Also, the British authorities decided to increase tariffs by 35 percentage points on around £130m worth of products from Russia and Belarus, including diamonds and rubber. This
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The Czech National Bank revoked the license of Sberbank CZ, part of the Sberbank Europe group.
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Crypto-exchange Binance has decided to limit access to its services for users who live in Russia and have assets over 10,000 EUR, the company stated on its website. Clients of the site will only be able to use the withdrawal function. They will not be able to trade on
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Austria-based integrated oil and gas company OMV said it is not refining Russian crude grades in its European refineries, Reuters reports.
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American company Procter & Gamble announced a possible exit from the Russian market due to sanctions, restrictions on financial institutions, supply problems.
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Tata Steel, Indian metallurgical giant, seized its cooperation with Russia. To ensure the continuity of the manufacturing process, all of the steel mills in India, Great Britain and the Netherlands use alternative sources for raw materials in order to stop the dependence from Russia.
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Germany will stop importing oil from Russia by the end of the year, said German Foreign Minister Annalena Baerbock, Reuters reports. > "We will halve oil by the summer and will be at 0 by the end of the year, and then gas will follow, in a joint European
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The Latvian government has finally decided on the date of complete rejection of Russian gas and will completely stop buying it by January 1, 2023. Estonia also intends to quit Russian gas from 2023.
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Eneos Holdings Inc has no plans to buy Russian oil until all problems related to the invasion of Ukraine are resolved, Reuters reports. Japan refiner Eneos has obtained alternative supplies from the Middle East.
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In a preliminary assessment, the EU concluded that the terms of the Kremlin's payments are a clear violation of the bloc's sanctions, and if these violations are confirmed, then Italy is ready to suspend the payments. The Italian government is waiting for Brussels to complete its
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General Motors is suspending its business in Russia following the country's invasion of Ukraine. In connection with this, the American multinational automotive manufacturing corporation dismisses the employees of the Russian office. The company sent a notice to dealers that it does not intend to compensate for investments in
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The International Tchaikovsky Competition has been excluded from the World Federation of International Music Competitions.