EU must introduce oil sanctions to cut off Russia’s financial support – Coveney

Ireland’s foreign minister is in Luxembourg for a meeting of the EU foreign affairs council, where further sanctions against Moscow will be discussed. The European Union needs to cut off financing for the Russian war in Ukraine by introducing sanctions … Read More

Russia is finished as a major energy power

posted in: News, Russia

WASHINGTON/KYIV — Russia looms large in world energy markets. It supplies 40 per cent of the gas consumed in the European Union, and this is a particularly important economic issue for Germany, Italy, and Austria. But Russia’s global energy footprint … Read More

Newest US sanctions against Russia hit an economic nerve

Russian Prime Minister Dmitry Medvedev speaks during a meeting in Kamchatka Peninsula region, Russian Far East, Russia, Friday, Aug. 10, 2018. Russia’s prime minister sternly warned the United States on Friday against ramping up sanctions, saying that Moscow will retaliate … Read More