The latest list of sanctions looks “quite odd” in view of the peace drive including a ceasefire in eastern Ukraine, Russia’s President Vladimir Putin said as the EU’s restricting measures came into force Friday. Speaking after a meeting of the Shanghai Cooperation Organization (SCO), Putin said that Russia has not ruled out responding with tit-for-tat sanctions. At the same time, he sai [...]

Arms producer Kalashnikov and oil giant Rosneft are among Russian companies hit by a new round of EU sanctions, which have come into effect Friday morning upon being published in the EU Official Journal. The sanctions target the finance, energy and defense sectors. The union has restricted three Russian energy companies from raising long-term debt on European capital markets – Rosneft, Transn [...]

The EU “does not see or is unwilling to see” Russia’s efforts to establish peace in Ukraine, Moscow said in response to the bloc's new sanctions. Despite Brussels’ “non-constructive” policy, Moscow is committed to help implement the peace plan. “We are sorry that the European Union has adopted a new round of sanctions. We have repeatedly expressed our discontent with the previousl [...]

Moscow will take “appropriate measures” in response to possible new sanctions from the European Union, the Russian Foreign Ministry's spokesperson said. “On many levels, the Russian leadership has made it clear that we’ll take adequate measures and our response will be absolutely comparable with the actions by the EU,” the Foreign Ministry spokesman said at briefing in Moscow. [...]

The European Commission has suspended its aid to European farmers hit by the Russian import ban. The amount of submitted claims for some products is several times higher than EU’s annual trade with Russia, with some sources blaming Poland for the exaggerations. [...]

European Commission head Herman Van Rompuy confirmed the EU will unleash a new round of sanctions against Russia on September 12. The economic sanctions will reportedly target Russia's energy, finance, and defense sectors. The new limitations will come into effect after they are published in the official journal of the European Union on Friday. [...]

A"truly" international investigation of the Malaysia Airlines MH17 crash in eastern Ukraine is required, Russia's UN envoy, Vitaly Churkin, said, adding that there are too many blank spots in the newly released Dutch report on the tragedy. The document, released by the Dutch Safety Board (DSB) on Tuesday, said that the Malaysian Boeing-777 crash was the result of structural damage caused by a l [...]

Major airlines saw stock shares nosedive on Wednesday, after media reports said that Russia could block flights over Siberia. However, Russian Foreign Minister Sergey Lavrov said the reports are simply rumors. “I’m not an advocate of using the method of bans and creating real problems for passengers, ordinary citizens who have absolutely no connection to the actions of those who unleashed t [...]

Prime Minister Dmitry Medvedev has warned Russia may shut its air corridors to Western airlines if the next round of European sanctions hit Russian energy companies. "If there are sanctions related to the energy sector, or further restrictions on Russia's financial sector, we will have to respond asymmetrically,” Medvedev said in an interview with the Vedomosti newspaper, published on Monday. [...]

Marine Le Pen, the leader of France's far-right National Front party, says the EU is to blame for the crisis in Ukraine as it forced the situation where Kiev had to choose between East and West. Now that France is joining sanctions against Russia over the alleged direct interference in the political crisis in Ukraine and Paris is considering suspending the €1.2 billion deal of two Mistral hel [...]

Dozens of people gathered in the harbor of Saint-Nazaire in western France on Sunday to protest against the French government's decision to suspend the delivery of a Mistral warship to Russia. Some two hundred protesters gathered by the docked Vladivostok – the first of two Mistral-class helicopter carrier ships – holding banners that read, "Hollande wants to kill Saint-Nazaire. [...]

Lithuania has asked the European Commission to allocate €46 million ($60 million) as compensation for Russian food embargo losses. Slovakia has also asked the EU to lift some sanctions against Russia to partially allow exports. Vilnius is expecting to receive at least part of the requested compensation, as Brussels sees Lithuania as one of the countries most affected by the Russian sanctions, [...]

Russia's decision to impose a food embargo in response to Western sanctions may cost the European Union €5 billion ($6.6 billion) a year, according to an internal EU document. "The overall temporary restrictions currently applied by Russia potentially jeopardize €5 billion worth of trade," the report seen by Reuters states. [...]

A US Navy destroyer and, reportedly, a French frigate have entered the Black Sea, as NATO builds up its presence in the region while tensions remain high in Ukraine. Another two warships are expected to arrive in the area by the end of the week. The US Navy 6th Fleet official command has confirmed on its official Twitter account that the destroyer USS Ross, (DDG 71), an Arleigh Burke-class guid [...]

The EU is considering forbidding all Russian state-owned firms from borrowing or raising money on European capital markets in the possible next round of sanctions against Russia being prepared by the European Commission. This and other proposals were discussed at a meeting of European ambassadors in Brussels on Monday, Reuters reports citing diplomatic sources. [...]

Russian Parliament speaker Sergey Naryshkin has accused the US of influencing the EU into imposing sanctions on his country without knowing "the actual reasons behind the situation in Ukraine" and says Europe "will have to pay the price for this policy." The European Union recently put you on its blacklist. You are even banned from traveling to Europe. It is a pretty unique situation for the sp [...]

The Australian government on Monday unveiled further sanctions against Russian oil and gas, financial and defense sectors, bringing Canberra in line with the European Union. Under the new sanctions there will be no new arms exports and no new exports for the oil and gas industry, Prime Minister Tony Abbott told the Australian parliament. [...]

Russian President Vladimir Putin has called on Kiev to start substantial talks on deescalating the crisis in eastern Ukraine. He added that it's an illusion to expect that the rebels would calmly watch their homes being destroyed. “We have agreed on a plan, so its realization must be pursued,” Putin told Channel 1 TV, adding that the Ukrainian government “must immediately start substantia [...]

The British government will press other European nations at a meeting in Brussels on Saturday to block Russia from using the SWIFT banking network, Bloomberg reported, in what could be a dramatic expansion of sanctions. The British government will press other European nations at a meeting in Brussels on Saturday to block Russia from using the SWIFT banking network, Bloomberg reported, in what c [...]

Iran's president has condemned as an "invasion" new sanctions on around 30 firms, banks and individuals, imposed by the US amid stalled talks on Tehran's nuclear program. Iran believes Washington's move contradicts earlier agreements. "Sanctions are an invasion of the Iranian nation. We should resist the invasion and put the invaders in their place," Iranian president Hassan Rouhani told offici [...]

President Barack Obama acknowledged during an impromptu press conference on Thursday afternoon that the United States is considering new sanctions to impose against Russia over the escalating crisis in Ukraine. From the White House, Pres. Obama told reporters that he’s certain Russia is playing a direct role in the ongoing fighting in eastern Ukraine between anti-Kiev separatists and the coun [...]

Greece, Slovakia, Czech Republic, Germany... the chorus of voices demanding an end to Russian sanctions is starting to drown out the neocon warmongering efforts of the west... Last week Germany reported that in the second quarter, its GDP declined by 0.2%, worse than Wall Street consensus. [...]