Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



US, EU to toughen sanctions against Russia
Published in The Saudi Gazette on 06 - 04 - 2022

Western leaders are set to announce a further set of sanctions against Russia on Wednesday, the US has said.
White House Press Secretary Jen Psaki said the measures will target Russian financial and state-owned bodies, as well as some officials and oligarchs.
Psaki said the move will "hold accountable the Russian kleptocracy that funds and supports Putin's war".
Calls for further sanctions have grown in recent days amid allegations of Russian atrocities in Bucha.
The town's mayor told the BBC on Tuesday night that Russian forces had killed around 320 civilians during their occupation of the town, while the discovery of mass graves has caused outage in western capitals.
Psaki told reporters during a news conference in Washington DC on Tuesday that the sanctions, which are expected to include a ban on all new investment in Russia, will "degrade key instruments of Russian state power, impose acute and immediate economic harm on Russia".
The Wall Street Journal said on Tuesday that the Sberbank, Russia's largest lender, may be among those targeted.
US media has suggested that sanctions could also target the two daughters of Russian President Vladimir Putin, though Ms Psaki refused to comment on the reports.
She added that the sanctions will be announced will be taken in coordination with the EU and other G7 nations.
"In coordination with the G7 and the EU, an additional sweeping package of sanctions measures that will impose costs on Russia to send it further down the road of economic, financial, and technological isolation," Psaki said.
On Tuesday, the European Commission proposed broad new sanctions on Russia, including a potential ban on imports of Russian coal and additional measures targeting state-owned businesses and officials and oligarchs in Moscow.
The proposed ban on Russian coal, which must be agreed by all 27 member states, would mark the first time the EU has blocked imports of Russian energy.
The bloc buys around €4bn (£3.3bn) worth of coal from Moscow every year.
Some member states, including Germany, are heavily reliant on Russian energy and had been reluctant to directly target the sector. But sentiment appeared to change after evidence of Russian war crimes emerged, with French President Emmanuel Macron joining calls for a ban earlier this week.
Member states are also expected to impose a "full transaction ban" on four Russian banks and ban a range of other Russian and Belarus imports, including wood, cement, seafood and liquor, worth €5.5 billion (£4.59bn).
And Ursula von der Leyen, the European Commission president, said she intends to close EU ports to Russian vessels and ban Russian and Belarusian road transport operators from the region.
Von der Leyen accused Russia of "waging a cruel and ruthless war" against Ukrainian civilians and said the EU must "sustain utmost pressure on Putin and the Russian government at this critical point".
But Lithuanian Foreign Minister Gabrielius Landsbergis on Tuesday evening criticized the EU's proposed sanctions package, calling it a "feeble response" which is "an invitation for more atrocities."
"Coal, four banks...a ban on ports and borders (with exceptions) is not really an adequate sanctions package to the massacres that are being uncovered," Vilnius' chief diplomat wrote on Twitter.
Addressing the UN Security Council on Tuesday, Ukrainian President Volodymyr Zelensky accused Russian leaders of committing war crimes in his country and called for them to be brought to justice.
"The Russian military searched for and purposefully killed anyone who served our country," he said. "They killed entire families, adults and children, and they tried to burn the bodies."
Also on Tuesday, American officials said they will provide $100m (£76m) in anti-armor Javelin missiles to Ukraine's forces. This is the sixth batch of US equipment aid released to Ukraine since August.
US Pentagon spokesman John Kirby said in a statement that the newly-authorized money will "meet an urgent Ukrainian need for additional Javelin anti-armor systems, which the United States has been providing to Ukraine and they have been using so effectively to defend their country". — BBC


Clic here to read the story from its source.