The European Commission is expected to propose a sixth package of EU sanctions this week against Russia over its February 24 invasion of Ukraine, including a possible embargo on buying Russian oil.

EU prepares next Russia sanctions including German-backed oil ban

The European Union is said to propose a phased out ban of Russian oil imports, this will come as part of fresh round of sanctions against Russia for its invasion of Ukraine. According to diplomats, the European Commission which commonly draws up sanctions for the bloc is currently in the midst of preparing a text that could be put in front of the 27 member states as possible.

EU to set to unveil new Russia sanctions amid Ukraine invasion

Chinese President Xi Jinping reiterated China's opposition to unilateral sanctions and "long-arm jurisdiction" in a speech on Thursday, without directly mentioning the West's punitive actions against Russia for its invasion of Ukraine.

Chinese president reiterates opposition to use of economic sanctions

Chanel announced in March that it was closing down stores in Russia to comply with Western sanctions. Now Russian influencers are chopping down Chanel bags worth $7,000 each.

Chopping up Chanel: Russian influencers chop down Chanel bags worth $7,000 each

Russia has faced a multitude of sanctions, not only from the United States but also from western and European nations, and now it is retaliating with tit-for-tat.

Russia-Ukraine conflict: Moscow’s tit-for-tat move; slaps sanctions on US, Canada

A former researcher at a high-profile cryptocurrency group was sentenced to five years and three months in prison on Tuesday for conspiring to help North Korea evade US sanctions using cryptocurrency, federal prosecutors in Manhattan said.

US crypto researcher sentenced to five years for helping North Korea evade sanctions

Roman Abramovich, one of the world's richest men who owns the Chelsea Football Club in the UK, was on Thursday added to the UK government's sanctions list against Russian oligarchs with known links with President Vladimir Putin.

UK govt adds Chelsea FC owner Roman Abramovich in sanctions list against Russian oligarchs for Putin link

Britain also ratcheted up sanctions on Russia. UK in a similar move to the United States has targeted Russia's largest bank and has decided to end all new British investment in Moscow, the latest round of sanctions were in response to the reports of civilians being killed by Russian forces in Bucha.

New sanctions on Russia: UK targets Sberbank and credit bank of Moscow

UK, EU impose new sanctions on Russia in response to reports of Bucha killings

The West is all set to announce more sanctions on Russia amid the ongoing Russian invasion of Ukraine. The US & Germany says that new sanctions will be announced soon.

Russia prepares to face more sanctions as the Russian invasion of Ukraine continues

La Ciotat Shipyards, located in a tranquil area of the French Riviera, is preparing bills for mooring costs for the towering white superyacht Amore Vero but is unsure who to send them to.

Russia-Ukraine: Upkeep of yachts seized from Putin's allies rack up millions in bills, who will bear the cost?

The US has frozen the foreign currency reserves of Russia. The US will now halt Russian debt payments. Russia still has 30 day grace period to make payments. Russian bondholders brace for the next hurdles.

US building financial pressure on Russia by stopping Russian debt payments

13 million barrels of Russian oil have been imported by India since February. Recently, the US has issued a warning against rising oil imports and is ready to enforce more sanctions against Russia.

US warns against rising oil imports, New Delhi continues to buy Russian oil

The German National Security Advisor, Jens Plötner, who was on a Delhi visit on Wednesday, has hoped that "back filing" of sanctions imposed by his country against Russia will take place.

In Delhi, German NSA hopes no 'back filing' of sanctions will take place

Russia is deepening its relationship with China as it becomes more isolated from global financial systems as well as supply chains. Recently, Russian foreign minister Sergei Lavrov met with his Chinese counterpart Wang Yi.

Russia turns to China amid isolation, Lavrov on first China visit since invasion

Young Afghans are using cryptocurrencies to circumvent western sanctions on the Taliban regime. Why is crypto exempt from sanctions? How are Afghan youth harnessing its power? Mariam Wardak tells you.

South Asia Diary: Afghans use cryptocurrency to sidestep sanctions

The United States imposed new sanctions Thursday on entities and people in Russia and North Korea after Pyongyang's latest ICBM missile test. The targeted persons and organizations are accused of "transferring sensitive items to North Korea's missile program," according to a State Department statement.

US announces new sanctions after North Korea's ICBM test

America is currently ramping up new sanctions against Russian political figures. All these people are close to the Russian president Vladimir Putin. However, in the latest, Ukrainian president Zelenskyy has urged US to not sanction Roman Abramovich but why

No sanctions on 'Abramovich', urges Ukrainian president Zelenskyy but why?

Russian has transferred over 50% of foreign aircraft to its own registry as it takes measures to use foreign aircraft located in Russia, PM Mikhail Mishustin said on Wednesday.

Russia says it has moved over 50% of foreign aircraft to its own registry

Pandemic, sanctions, and long lines for fuel; Cuba battles concerns over supply and rationing

Given the economic sanctions imposed by the Western countries on Russia amid the invasion of Ukraine, President Putin said, "Russia has enough resources to solve long term tasks."

Russia-Ukraine crisis: Putin calls on Russians to mobilise against sanctions

Russia has sanctioned US President Joe Biden and several other key members of the US government. This comes on a day when raids on residential areas in Kyiv killed at least 4 people. Where is Russia's invasion of Ukraine going? Molly Gambhir tells you.

Gravitas: Russia sanctions US President Joe Biden

In the Russia-Ukraine conflict, Moscow has now countered the United States sanctions with its own list of sanctions. Individual sanctions are also levied against Anthony Blinken too.

Russia sanctions US president Joe Biden

Finance police in Italy have seized a superyacht belonging to a Russian billionaire , as per Italian prime minister's office. The supeyacht belongs to Andrey Melnichenko.

Italian police seize superyacht belonging to Russian billionaire

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