Economic sanctions
EU Parliament Approves Stricter Sanctions Enforcement
In a bid to bolster enforcement of European Union (EU) sanctions against third countries, the European Parliament has approved stringent measures, making the circumvention and violation of these sanctions a criminal offense punishable by a minimum prison sentence of five years.
Ukraine envoy praises Cyprus support for sanctions on Russia
Cyprus is making an "extremely important" contribution in increasing sanctions pressure on Moscow, said Ukraine's ambassador to the east Mediterranean island, which was long in the spotlight for close business ties with Russia.
Cyprus all but severed those ties when it followed its European Union partners in slapping sanctions on Moscow over the February 2022 invasion of Ukraine.
Cuba to hike fuel prices over 500 percent
Cuba's cash-strapped government has announced that fuel prices will soar by more than 500 percent beginning Feb. 1, part of a series of economic measures aimed at reducing the deficit.
- Read more about Cuba to hike fuel prices over 500 percent
- Log in to post comments
Menendez wants to end requiring yearly approval for US weapons sales to Cyprus
The chairman of the US Senate Foreign Relations Committee said Thursday he will push to either end or extend the timeline of a legal clause that requires annual approval for the sale of US-made weapons to Cyprus.
US extends lifting of arms embargo for Cyprus for 2024
The United States on Friday announced it had extended the lifting of the US arms embargo for Cyprus for the 2024 fiscal year.
Washington stops short of tongue-lashing Nicosia
Washington says there is no new policy to announce regarding a recent arms embargo lift on the Republic of Cyprus, following news that US sanctions have been imposed on several dealers including individuals who are based on the island.
- Read more about Washington stops short of tongue-lashing Nicosia
- Log in to post comments
Türkiye eyes cooperation with allied in defense projects
Türkiye wants to cooperate with friendly nations and its allies in defense projects, Defense Industries Presidency head Ismail Demir has said.
A quiet US move in the Mediterranean may help put more pressure on Russia, but not everyone in NATO is happy about it
The US lifted its arms embargo on Cyprus in September but the US decision has rankled Turkey which is at odds with NATO ally Greece over the island
Hungary agrees to build a pipeline that will channel Russian oil to Serbia
Oil shipments to Belgrade via Croatia fall under EU sanctions
Western sanctions to blame for halt to Germany gas shipments: Kremlin
The Kremlin said on Monday the halt of gas deliveries to Germany via the Nord Stream pipeline was caused by Western sanctions that prevent the maintenance of its infrastructure.