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The sixth package of EU sanctions implies reducing the dependence of the EU on Russian oils imports. This decision is planned to reduce Russian oil imports to the EU by 92% by the end of the year. Phased ban on crude oil imports would take about six months, while the
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American multinational enterprise company Hewlett Packard Enterprise Company (HPE) announced the decision to shut down its Russia and Belarus operations due to the war in Ukraine. The company already suspended shipments to Russia and Belarus soon after the invasion began in February.
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It is reported that global freelance platform Upwork has blocked the accounts of users who are physically located in Russia and Belarus. In order to access the platform, such users need to leave Russia or Belarus. On March 7, Upwork suspended its work in Russia and Belarus due to Putin’
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The UK and EU are jointly planning to develop a ban on insuring ships carrying Russian oil cargoes. The ban means that ships with Russian oil cargoes will not be able to take out insurance at the Lloyd’s of London insurance market, the Financial Times reports.
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It is noted that the termination of business in Russia will be done by selling the business to a foreign or local investor and may be completed within three to four months. Since March, Viciunai Group has stopped all investments in production, logistics, and trade, suspended all sponsorship and marketing
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London Stock Exchange will no longer trade Gazprom shares after it had revoked admission to trading in securities of Gazprom at the companyʼs request, Reuters reports.
Economy
The forecast is based on the growing volume of sanctions, as well as the promised EU ban on the import of Russian oil, albeit with some exceptions. This was reported by The Telegraph. It is noted that the damage from the sanctions could amount to 256 billion pounds sterling, GDP
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The 6th package of anti-Russian sanctions from the EU includes the fight against Kremlin propaganda. Rossiya24, TV Center International, RTR Planeta will be turned off. Earlier EU banned Sputnik and Russia Today.
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This time, 22 people and four companies have been added to the sanctions list. Among them is Putin's alleged girlfriend Alina Kabaeva. > “Among the individuals and entities listed are senior officials of Russian financial institutions and their family members, as well as key financial institutions and banks.
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Russian businessman Roman Abramovich has officially sold Chelsea for $5 billion. The oligarch's net income from the deal was £2.5 billion. He will not be able to dispose of it, the money will go into a closed bank account and from there it will be used to
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The Danish Embassy in Russia has suspended the acceptance of applications for short-term visas and residence permits to Denmark in Russia. The Embassy will only accept applications from people who will be visiting Denmark on official trips.
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According to the data of the Federal Ministry of Finance of Germany, at the end of February, there were only 342 thousand euros of Russian assets frozen in the country, whereas as of May 23, this amounted to over 143 million euros.