Cyprus Foreign Minister Ioannis Kasoulides told a German newspaper Wednesday that economic sanctions against Russia by Europe would destroy the Cypriot economy, adding that every EU state should decide separately whether they want to cut ties with Moscow.
The PACE decision to suspend Russia’s voting rights and exclude it from all leadership positions in 2014 is yet another, mostly symbolic, retaliatory measure by the West in response to Crimea’s vote to reintegrate with Russia.
By rejecting visa to Iran's new UN envoy, Washington is jeopardizing the nuclear talks, Kaveh Afrasiabi, political analyst on Iran told RT. The move by the State Department also shows the power of right wing politicians in US decision making process.
Ukraine should recognize Crimea’s independence, reform the country’s constitution, regulate the crisis in its eastern regions and guarantee the rights of Russian speakers if it wants to get financial help from Moscow, Russia’s finance minister has said.
Israel has imposed additional economic sanctions against Palestine in response to its unilateral decision to join 15 international conventions last week which Tel Aviv claims to be in breach of conditions of the ongoing peace talks.
The Deputy Russian PM in charge of the economy and investment has promised that there would be no reciprocal sanctions aimed at various Western nations as this would harm all sides, but said that Russia would continue to act in its own interests.
Moscow has slammed NATO’s Secretary General for using the political crisis in Ukraine to mobilize the alliance’s member states against an imaginary Russian threat and justify the very existence of the bloc in the 21st century.
Western banks in the US and EU still want to do business with Russia’s second biggest bank, VTB, but tension over Ukraine is stonewalling those eager to work with the bank, according its head, Andrey Kostin.
Prime Minister Benjamin Netanyahu has ordered ministers to cease cooperation with the Palestinian Authority. Following Palestine’s request to join UN international conventions, Israel has announced it will push ahead with sanctions.