Aug 8, 2014

Japan spared from Russia's retaliatory import curbs

Russian Prime Minister Dmitry Medvedev announced on Thursday retaliatory food import bans for countries that have imposed sanctions against Russia over the Ukraine crisis, but Japan was not on the list. Japan has introduced a number of sanctions, including a ban on wine from ...

Aug 6, 2014

EU airline shares dive on report of possible Russian airspace ban

Shares in European airlines fell Tuesday on a report that Russia is considering cutting off the country’s airspace for European flights to Asia, a move that would force long and costly detours. A report published by the Russian business paper Vedomosti quotes anonymous Russian ...

Jul 31, 2014

Sanctions seen damaging Russia if not lifted quickly

U.S. and European sanctions against Russia’s energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents. The U.S. and European Union released details Wednesday of new ...

Jul 30, 2014

U.S., Europe slap Russia with toughest sanctions yet over Ukraine

The United States and Europe targeted Russia’s key financial, arms and energy sectors Tuesday with tough new sanctions in response to Moscow’s intervention in the Ukraine crisis. Announcing the measures, U.S. President Barack Obama denied that the West had begun a new Cold War ...