Contents tagged with Sanctions
Russian airlines could suffer increased costs of tens of millions of dollars due to Ukrainian sanctions imposed earlier this week. The sanctions will bar them from flying through Ukraine's territory, extending flight times to popular destinations by up to 40 minutes, the TASS news agency reported Thursday.
The Russian airline industry is already struggling with the country's recession, which has collapsed demand for international travel and forced government bailouts and industry consolidation. …
The European Union on Monday extended its sanctions against Russia until March of 2016. The sanctions are meant to punish Moscow for its military support for Ukrainian separatists and its annexation of Crimea.
The sanctions include asset freezes and travel bans against 149 people and 37 entities, the European Union announced in a statement. Without the EU action the sanctions would have lifted on Tuesday.
A separate set of European economic sanctions against Russia are in place until the end …
Russia is destroying Western cheese, and considering a ban on Western condoms - and the Russian internet is reacting.
Last month President Vladimir Putin endorsed a scheme to bulldoze, bury and burn a whole range of imported Western foods, as part of the ongoing reaction against sanctions the West has imposed on Russia. Videos of the destruction, like the mountain of foreign cheese squashed into the ground in Belgorod, 400 miles (600km) south of Moscow, are now famous.