Russia has reserves to ride out sanctions

2014-08-01 16:15

Mathematically Russia has enough reserves to hold out for at least two years before Western sanctions start to choke the economy.

Sanctions to impact Russia's Lukoil

2014-07-31 16:20

Russia's second-largest oil producer Lukoil says Western sanctions would force the company to reduce its investment programme.

Moscow-based lobby regrets new EU sanctions

2014-07-30 13:15

The Moscow-based Association of European Businesses says it "deeply regrets" new sanctions imposed by the European Union on Russia.

Moscow won't respond in kind to sanctions

2014-07-28 12:00

Russian Foreign Minister Sergei Lavrov has said that Moscow would not take tit-for-tat measures or act "hysterically" in response to sanctions imposed by the US and EU.

EU set to up the ante on Russia sanctions

2014-07-25 15:15

European Union ambassadors have reached a preliminary agreement to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis.

More Russian sanctions still an option - US

2014-07-22 19:00

The United States is continuing to review its sanctions on Russia amid the conflict in Ukraine, including the downed Malaysian airliner shot down last week.

UK, France, Germany eye fresh Russia sanctions

2014-07-20 15:34

Britain, Germany and France have agreed they should be ready to ratchet up sanctions on Russia over the downing of a Malaysian jet.

US in sanctions talks with Germany banks

2014-07-09 10:57

US authorities have begun settlement talks with Germany's Commerzbank and Deutsche Bank over their dealings with countries blacklisted by the United States.

G7 willing to step up sanctions on Russia

2014-06-05 13:30

The world's leading industrialised nations have threatened to impose harder-hitting sanctions on Russia if it does not help restore stability to eastern Ukraine.

Russian business feels sanctions' impact

2014-05-23 15:26

President Vladimir Putin says Western sanctions imposed on Russia over Ukraine are having a real impact on domestic businesses.

EU widens Ukraine sanctions to raise pressure

2014-05-13 10:55

The European Union has taken a cautious step to expand sanctions against Russia, targeting two Crimean companies and 13 people.

EU cautious about pressure on Russia

2014-05-12 14:36

The European Union was set to take a cautious step towards extending sanctions against Russia, targeting companies, as well as people.

EU could impose more Russian sanctions

2014-04-29 11:52

European Union governments have reached a preliminary agreement to impose asset freezes and visa bans on 15 more people as part of expanded sanctions on Russia.

Russia admits sanctions are hurting

2014-04-24 18:00

President Vladimir Putin says Ukraine-related sanctions are hurting Russia, but added that the damage was not very serious.

Russian business unaffected, says BP boss

2014-04-15 14:45

Western sanctions over Russia's actions in Ukraine have not impacted BP's business in Russia, chief executive Bob Dudley says.

Russian oil deal with Iran to follow UN rules

2014-04-11 11:37

Russian Finance Minister Anton Siluanov says any oil-for-goods deal between Moscow and Iran would follow United Nations rules on sanctions, not US rules.

Russia can only return to G8 if it changes

2014-03-27 17:15

Canada's Prime Minister Stephen Harper sees no way for Russia to return to the Group of Eight industrialised powers unless President Vladimir Putin changes.

Russia plans alternative to Visa, Mastercard

2014-03-27 10:01

Russia has revived plans to develop its own card payment system to cut its dependence on Visa and Mastercard after US sanctions led to disruptions.

EU states fear tougher sanctions on Russia

2014-03-24 18:22

European Union states have most to fear from Russian aggression and most to lose from imposing sanctions.

Putin ally: US sanctions have backfired

2014-03-24 07:48

An ally of Russian President Vladimir Putin who heads a bank that was hit by US sanctions has suggested the move has backfired by helping him win new clients.

Global firms on Russian sanctions alert

2014-03-23 11:59

A deepening economic standoff between Russia and the West over Ukraine has sent exporters scrambling to protect revenues and some global firms halting services.

Businesses fear effects from Russian sanctions

2014-03-21 16:33

US and European sanctions against Russia are already having a ripple effect beyond their immediate targets.

Possible economic sanctions against Russia

2014-03-20 12:14

European leaders will show they are ready to ramp up punitive measures against Russia, including economic sanctions, says German chancellor Angela Merkel.

Kerry: Iran not open for business

2014-03-14 08:07

US sanctions against Iran remain undiluted and Washington has sent a clear message to other countries that Iran is not open for business.

EU set to suspend Zim sanctions

2014-02-17 11:14

European Union ministers are due to approve the suspension of most sanctions against Zimbabwe, although those against President Robert Mugabe will remain.


Russian banks dismiss investor fears

2014-08-01 10:22

Russia's three largest banks have sought to convince investors that they are able to meet obligations, despite their inclusion on the EU's sanction list.

Russia defiant as cost of sanctions mounts

2014-07-30 15:54

European economists say sanctions may cost Russia up to €23bn in 2014, while a Russian bank official reportedly said the economy could even go into a recession.

Russia sanctions threaten to blow eurozone

2014-07-30 10:45

The knock to confidence from harsher European sanctions on Russia could spoil the eurozone's budding economic recovery.

US law maker: Mynamar must reform

2014-07-25 16:15

Jade and rubies from Myanmar will remain banned from the US unless opposition leader Aung San Suu Kyi can run for president, a top official says.

Obama, Rutte want more Russia sanctions

2014-07-25 12:45

US President Barack Obama and Netherlands Premier Mark Rutte have agreed that more sanctions must be imposed on Russia for its support of pro-Russian separatists.

EU to discuss possible new Russia sanctions

2014-07-22 16:00

European Union governments will discuss a specific list of possible new targets for Russia sanctions.

US hits Russia with biggest sanctions yet

2014-07-17 09:25

President Barack Obama has imposed the toughest package of US economic sanctions yet on Russia, hitting Russia's largest oil producer Rosneft.

US to unveil record $9bn fine for BNP

2014-06-30 07:42

The US Justice Department is expected to announce a settlement with BNP Paribas involving a record fine of nearly $9bn over alleged US sanctions violations.

Merkel ready to toughen Russia sanctions

2014-06-04 15:45

German Chancellor Angela Merkel says she would not hesitate to impose economic sanctions on Russia if the situation in Ukraine were further destabilised.

Putin: Sanctions will boomerang

2014-05-23 13:24

President Vladimir Putin says sanctions imposed on Russia over the crisis in Ukraine would have a boomerang effect on the West.

France will honour Russian contract

2014-05-12 19:07

France will press ahead with a contract to sell Mistral helicopter carriers to Russia because cancelling the deal will do more damage to Paris than to Moscow.

Russia lambastes EU over sanctions

2014-04-29 14:00

Russia has suggested the European Union should be ashamed of itself for "doing Washington's bidding" by punishing Moscow with sanctions over the crisis in Ukraine.

Obama declares new US sanctions on Russia

2014-04-28 12:15

US President Barack Obama announced new sanctions against some Russians, but held off from broad measures that would hit Russia's economy.

EU lays out impact of sanctions on Russia

2014-04-16 20:26

The European Commission handed documents to member states explaining the potential impact on their economies of imposing stricter sanctions on Russia.

EU threatens Russia with more sanctions

2014-04-14 21:30

The European Union threatened Russia with more sanctions over its actions in eastern Ukraine, which Britain says is being destabilised by Moscow.

BP to act as bridge between Russia, West

2014-04-10 16:12

BP will use its presence in Russia to help enhance relations between Moscow and the West, says its chief executive Bob Dudley.

Germany's Siemens committed to Russia

2014-03-27 11:02

The chief executive of Germany's Siemens says his firm supported a "trusting relationship" with Russian companies after meeting President Vladimir Putin.

Euro flat, downside risk remains

2014-03-25 09:41

The euro was flat in Asia after enjoying a rally in New York, but analysts have warned of downside risks if Western leaders tighten economic sanctions on Russia.

Halt foreign payments, urges Russian bank

2014-03-24 12:28

Russia's Bank Rossiya has asked its clients to refrain from making foreign currency payments to accounts at the bank due to US sanctions over Crimea.

Visa, MasterCard resume services in Russia

2014-03-23 19:35

Visa and MasterCard have resumed services for payment transactions for clients at Russia's SMP bank, whose main shareholders were affected by US sanctions.

EU's quest to reduce reliance on Russia

2014-03-21 17:43

European leaders agreed to accelerate their quest for more secure energy supplies, determined to reduce dependence on Russian oil and gas.

Putin to protect bank from US sanctions

2014-03-21 13:54

President Vladimir Putin vows to protect Bank Rossiya, a Russian bank subjected to US sanctions over Moscow's annexation of Ukraine's Crimea region.

Iran oil exports show steady increase

2014-03-19 13:59

Iran exported oil at levels higher than allowed under Western sanctions for a fourth straight month in February.

Zim wants total removal of EU sanctions

2014-02-18 13:31

A Zanu-PF spokesperson says the EU can't keep President Robert Mugabe on the sanctions list, after suspending restrictions on his close allies.

EU govts ease Iran sanctions

2014-01-20 18:41

The European Union has agreed to suspend some economic sanctions against Iran as part of a ground-breaking nuclear deal, according to diplomats.

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