Search Results for: Western Union
Former Ukraine president sues EU over sanctions
July 15th, 2014
Former Ukraine president Viktor Yanukovych, ousted by pro-Western protests, has filed a suit with EU’s top court against sanctions Brussels has imposed on him and two sons. The European Court of Justice lists the Yanukovych suit along with cases ...
Russia’s Grip Over EU Energy Unlikely to Change Soon
July 9th, 2014
The European Union’s initial resolve at breaking its dependence on Russian energy after the Ukraine crisis erupted appears to be giving way to a realization that its giant eastern neighbor will continue to be Europe’s main supplier of natural ...
Germany Proposes a Road Tax Aimed Primarily at Foreigners
July 8th, 2014
The German government announced plans on Monday to charge a road-use fee on all cars using roads and highways in Germany, a measure aimed at the foreign-registered cars that make an estimated 170 million trips to and through the ...
EU Bans Imports from Russia-Annexed Crimea
June 25th, 2014
The European Union has banned imports from Crimea, the Ukrainian area annexed by Russia, saying it would never recognise Russia’s illegal military intervention in Ukraine. The Council of European Union (EU) decided in a meeting of 28 EU foreign ...
BNP Fine Puts Pressure on Hollande to Act
June 2nd, 2014
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...
Putin to boost ties with China
May 19th, 2014
Amid a bitter crisis in relations with the West over Ukraine, Russia’s President Vladimir Putin is moving to bolster ties with China. Russia sees relations with China as a top priority and their ties now are the best ever, ...
Russia’s economy fall sharply in growth
May 16th, 2014
Russia’s economy slowed sharply in the first three months of 2014 as the Ukraine crisis slammed business confidence and investment. Official Russian statistics showed gross domestic product grew by an annual rate of 0.9% in the first quarter. That ...
Putin Calls On Ukraine Rebels To Put Off Secession Vote
May 8th, 2014
Russian President Vladimir Putin called on pro-Moscow separatists in Ukraine to postpone a vote on secession just five days before it was to be held, potentially pulling Ukraine back from the brink of violent dismemberment. It was the first ...
Russia is preparing its response to additional sanctions by the EU, the U.S. but also Japan
April 29th, 2014
The Japanese government followed the lead of the U.S. and the European Union, or EU, Tuesday by imposing additional sanctions against Russia even as Moscow stated that it has prepared a response to the sanctions and is working on ...
Oil prices rise on continuing tension in Ukraine
April 14th, 2014
Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. The price of Brent crude futures rose above $108 a barrel in Monday trading – a gain of 0.8% on ...