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Japanese automaker Nissan has suspended production in Russia for six months, Reuters reports. > "We believe this situation could become more serious and prolonged," Chief Executive Makoto Uchida said, commenting on the war in Ukraine.
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The United States announced sanctions against individuals and entities in Russia, as well as a ban on Russian gold imports, broadening sanctions against the country after the Kremlin’s invasion of Ukraine. The sanctions target 70 entities, including technology, industrial, and manufacturing sectors, as well as 29 Russian individuals.
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The world's largest producer of alcohol from Britain, Diageo (Smirnoff, Black Label, Johnnie Walker, Guinness, Baileys, Captain Morgan), is leaving the Russian market completely, and the office in Moscow is closing. The company stopped deliveries to Russia on March 3.
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The decision was adopted by the Seimas of the Republic. 123 MPs voted in favor and two abstained. The amendments stipulate that the use of Lithuania's gas transmission system and the LNG terminal in Klaipeda is possible only for suppliers from countries that do not pose a threat
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It is clarified that holders of Russia's sovereign debt have not received coupon payments on two Eurobonds in the amount of $100 million by the expiration of the 30-day grace period.
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Greece Visa Application Center announced that the Greek consulates in Moscow, St. Petersburg and Novorossiysk suspend the acceptance of visa documents for "technical reasons" for an unspecified period of time from 27 June.
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> "Even when energy prices fall, it is unthinkable to return to the same dependence on Russia that existed before. It is necessary to work to completely eliminate this dynamic," Draghi said during the G7 summit. European diplomacy today shows unprecedented unity in supporting Ukraine and confronting the
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Britain, the United States, Canada and Japan will ban new imports of Russian gold in an effort to tighten the sanctions squeeze on Russia for its invasion of Ukraine. This is reported by Reuters. The ban will apply to newly mined or refined gold. > "The measures we have
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U.S. President Joe Biden and his G7 counterparts will agree on an import ban on new gold from Russia as they broaden sanctions against Moscow for its war against Ukraine, Reuters reports The U.S. Treasury Department will issue a determination to prohibit the import of new gold into
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Britain has already cut imports of Russian gas by 75% and oil by 50%, British Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng said. > "By the end of this year, we will no longer import Russian fossil fuels," Kwarteng noted.
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The bill approved allows for the confiscation of assets of those responsible for the invasion of Ukraine by Russia and their further transfer to Ukraine. This is reported by Reuters.
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The newly announced sanctions include a ban on imports of Russian gold, sanctions against additional 70 Russian individuals and organizations, and a ban on exports to 90 military-related organizations.