Rapid Reads News

HOMEcorporateentertainmentresearchmiscwellnessathletics

EU chief urges bloc members to sanction Russia's LNG exports


EU chief urges bloc members to sanction Russia's LNG exports

If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now

"I now call on member states to quickly endorse these new sanctions. We want Russia to leave the battlefield and come to the negotiation table, and this is the way to give peace a real chance," she said.

The bloc has already agreed on 18 packages of sanctions against Russia, but getting final agreement on who and what to target can take weeks.

More than 2,500 "entities" including banks, ministries, energy companies and officials have already been hit.

The officials include President Vladimir Putin and his associates, scores of Russian lawmakers and several oligarchs. Travel bans and asset freezes are the most common measures.

Energy revenue is the linchpin of Russia's economy, allowing Putin to pour money into the armed forces without worsening inflation for everyday people and avoiding a currency collapse.

Previous articleNext article

POPULAR CATEGORY

corporate

5165

entertainment

6418

research

3212

misc

6086

wellness

5282

athletics

6535