Contents tagged with Sanctions
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Poroshenko plans to sign law banning St. George's ribbon in Ukraine
President Petro Poroshenko will sign a law banning St. George's ribbon as soon as it arrives from the Verkhovna Rada. He stated this on Sunday in his speech on the occasion of the Day of Remembrance of the Victims of Political Repression in the Historical-Memorial Reserve 'Bykivnia Graves'.
Poroshenko noted that eight years ago the OSCE Parliamentary Assembly adopted a resolution on the identity of the Nazi and Stalin regimes and proposed a joint day for the memory of the victims of Stalinism …
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Ukraine accuses Russia of waging hybrid war, moves to block Russian media and social networks
On May 16, Ukraine put the Russian social networks VKontakte and Odnoklassniki on the sanctions list. The Ukrainian president signed a decree affirming the ruling of the National Security and Defense Council (NSDC) from April 28 to expand the list of physical and legal entities with sanctions against them.
Which companies are on the sanctions list ?
In total there are 1228 physical persons and 468 companies on the updated list. Firstly, Ukraine has introduced sanctions against the major …
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Media: Russian authorities do not disclose the names of persons exempt from taxes due to sanctions
The Russian Ministry of Finance refused Communist Party deputy Valery Rashkin’s request to provide a list of the Russians who had fallen under sanctions and would be exempt from paying taxes in Russia according to the law, TV channel Dozhd reported.
According to the Ministry of Finance’s response to the deputy’s request, the list of Russian citizens falling under the new law cannot be provided, since this information is a tax secret. The TV channel has a copy of the documented response.
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Eurovision officials: Decision about sanctions against Russia and Ukraine has not been made
Executive supervisor of Eurovision Jon Ola Sand confirmed that the decision on imposing sanctions against Ukraine and Russia was postponed until after the end of the song contest in Kyiv.
“With regard to the imposing of sanctions against Ukraine and Russia, no decision has been made yet. This topic will be discussed only after the current Eurovision Song Contest has concluded. We are now focusing our attention on all of the countries participating in the competition to prepare three major …
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U.S. may begin to monitor Russia’s eastern ports over North Korean sanctions
The administration of the White House plans to undertake special monitoring of several Russian ports in Primorsky Krai in light of the implementation of sanctions against North Korea. Such a provision is included in a bill adopted Thursday by the U.S. Congressional House of Representatives.
If the law is passed, the U.S. president will be obliged to provide congressmen with a full report annually, for a period of five years, on the ports and airports involved in the violation of sanctions …
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Lawyers in the Crimea formed a working group to combat sanctions
In the representation office of annexed Crimea under the President of the Russian Federation, lawyers established a working group that intends to seek the abolition of European and Western sanctions against the peninsula.
This was stated by group’s chief on international legal issues in representation of the Crimea, Alexander Molokhov, RIA Novosti reported.
He noted that Russian lawyers will work "in close contact with foreign [lawyers], as well as with the Ministry of Foreign Affairs and the …
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Poroshenko: Russia doesn’t need peace, it needs control
Ukrainian President Petro Poroshenko commented on a recent phone call in the “Normandy Format”. According to him, while talking to Russian President Vladimir Putin, he was once again convinced that the Kremlin does not need peace, but control.
He mentioned this during a speech at the Royal Institute of International Affairs (Chatham House) in London.
“The Russians are not interested in achieving peace. They are interested in gaining control. I felt it again on Monday, when, together with …
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A mysterious growth of capital outflow from Russia has puzzled Russian banks and experts
The volume of capital withdrawal from Russia abroad in the first quarter of 2017 puzzled the financial community. Regardless of the Central Bank’s forecasts about a yearly rate of $12 billion, the outflow for the first quarter alone has already amounted to $15.4 billion.
According to the Central Bank itself, the reason lies in the growth of banks’ foreign currency purchases, but the banks themselves deny this. "We did not increase foreign assets in the first quarter of 2017," VTB Bank reported …
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Czech Republic calls for maintaining sanctions on Russia until Minsk agreements are implemented
The Czech Republic supports the preservation of sanctions against the Russian Federation until the Minsk Agreements on the settlement of the situation in eastern Ukraine are fully implemented, as stated by the Czech Minister of Foreign Affairs, Lubomir Zaoralek.
"The Czech Republic supports the sanction policy until the full implementation of the Minsk Agreements. Our sanctions are linked to the illegal annexation of the Crimea and the use of force after that,” said Zaoralek at a joint news …
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Putin exempts Russians who fell under sanctions from paying taxes
Russian President Vladimir Putin signed a law exempting Russians who fell under sanctions from reporting income and paying taxes in Russia in certain cases. The law is retroactive, and is effective as of January 1, 2014.
Earlier, an amendment to the Tax Code, prepared by a United Russia Deputy, Andrei Makarov, was adopted in the third reading by the State Duma of Russia. The law allows Russians who have business or property abroad and who have been sanctioned, to not be considered tax …