Blacklisting Russian individuals and targeting the country’s economy is but an emotional step the EU took after an apparent instruction from the US, Russian State Duma speaker Sergey Naryshkin told RT. But Moscow hasn’t sought to even the score, he added.
The Ukrainian PM’s statement that Russia plans to cut off gas transit to the Ukraine and Europe is “groundless” and an attempt to mislead EU gas customers, Russian Energy Minister Aleksandr Novak said.
Switching over to EU trade standards and nixing duty-free trade with Russia will cost Ukraine €165 billion over the next 10 years, President Putin warned at a meeting with President Petro Poroshenko in Minsk on Tuesday.
Russia’s biggest oil company Rosneft has agreed to purchase a stake in Norway's North Atlantic Drilling (NADL) through an asset swap, which appears to show businesses remain undeterred by political sanctions.
Brazil has not received a request from the EU to halt increasing exports to Russia, but if it does, Brasilia wouldn’t care, Ambassador Antonio Jose Vallim Guerreiro told a news conference in Moscow Thursday.
The Russian government has amended its list of banned agricultural products, by removing lactose-free milk and dairy products, young salmon and trout, as well as some vegetables and nutritional supplements from the list of restricted imports.
Economic bridges continue to burn in the US-Russia sanctions standoff, with the latest casualty being US firm Applied Materials, which can no longer export IT equipment to Russia’s nanotechnology giant Rusnano.
The "right steps” politicians in the West and Russia are now taking against each other are very similar to what was happening before World War I, Latvian MEP Andrejs Mamikinsh warned EC President Jose Manuel Barroso in a letter Tuesday.
All operations on Russia’s Gazprom-led project South Stream have been suspended, as they do not meet the requirements of the European Commission, Bulgaria’s Ministry of Economy and Energy said on its website.