The U.S. and European Union have imposed sweeping new penalties aimed at crippling Russia’s economy. EU sanctions announced Sunday ban the supply of “all goods and technology” linked to aircraft. Switzerland has also enacted penalties on Russia, abandoning its traditional neutrality. Meanwhile, TikTok has blocked Russian-backed outlets, such a...
Asphalt roads in Afghanistan destroyed by explosions due to decades of conflict are being repaired by children. Aged between 7-15, Afghan boys and girls fill pits created by mines and bombings with soil and gravel they collect from the roadside. As their peers enjoy their childhood in other parts of the world, these children have […]
ANKARA (AA) – The US Treasury announced on Monday it has prohibited Americans from doing business with the Russian central bank, Russia’s National Wealth Fund, and the Finance Ministry. The action effectively immobilizes any assets of the Russian central bank held in the US or by US people, the Treasury said in a statement. The […...
Russia’s attack on Ukraine could affect wheat supplies in the Arab world where millions are already struggling to survive. Russia is the world’s top wheat exporter and Ukraine is the fourth, according to the U.S. Department of Agriculture. Any disruption in supplies “could trigger renewed protests and instability” in several Middle Eastern an...
The European Union will close its airspace to Russian planes, fund weapons supplies to Ukraine and ban pro-Kremlin media outlets, the bloc’s top official announced on Sunday. “We are shutting down EU airspace for Russian-owned, Russian-registered or Russian-controlled aircraft,” European Commission President Ursula von der Leyen said at a news...
The leaders of the Group of Seven (G7) industrialized nations said Sunday they will continue to take steps if Russia does not stop its “war of aggression” against Ukraine. The leaders of Canada, France, Germany, Italy, Japan, the UK and the US held a video conference chaired by German Foreign Minister Annalena Baerbock and also […]
ANKARA/STOCKHOLM/BERLIN/ROTTERDAM, Netherlands (AA) – Nine more European nations moved to close their airspace to Russian planes on Sunday, adding to a growing list that leaves Russian airlines facing an almost complete airspace blockade to the country’s west. France, Germany, Spain, Italy, Belgium, Austria, Denmark, Sweden and the Netherlands...
Russia’s war against Ukraine “will last” and the world must prepare for the crisis with determination, French President Emmanuel Macron has warned as he accelerated military deployment in neighboring Eastern European countries to support Kiev. “War has returned to Europe,” Macron told businessmen and industrialists at an agriculture event in P...
ANKARA (AA) – The Organization for Economic Co-operation and Development (OECD) on Friday announced that it has decided to formally terminate the accession process with Russia, which was postponed in 2014. In a statement, the organization added that it will close its Moscow office and stop all invitations to Russia at ministerial levels....
ANKARA (AA) – International sanctions imposed on Russia are expected to affect global economy, which is still trying to recover from the shock of the pandemic, the head of International Monetary Fund (IMF) said on Friday. Kristalina Georgieva said the effects of the sanctions would be seen in energy and grain prices, which would increase...
