LONDON: The UK announced Thursday dozens of new s new sanctions aimed at constraining Russia's war in Ukraine, including targeting Moscow's main stock exchange, a day after Washington announced similar
People walk past a currency exchange office screen displaying the exchange rates of US Dollar and Euro to Russia n Rubles in Moscow's downtown, Russia , on Feb 28, 2022. London said the 50 new curbs - part of"co-ordinated action with G7 partners" as the Western-led bloc's leaders meet in Italy - will hit the Russia n financial system and suppliers supporting its military production.
"Today we are once more ramping up economic pressure through sanctions to bear down on Russia's ability to fund its war machine," he added, as G7 leaders convene for their summit in southern Italy.Russian President Vladimir Putin"must lose, and cutting off his ability to fund a prolonged conflict is absolutely vital", Sunak said.
Those suppliers include entities based in China, Israel, Kyrgyzstan and Turkey, along with ships which transport military goods from North Korea to Russia.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russian spy chief says Ukraine directly involved in Moscow concert hall attack: TASSMOSCOW — Ukrainian military intelligence was directly involved in a deadly attack on a concert hall near Moscow in which over 140 people were killed, the head of Russia's Federal Security Service (FSB) Alexander Bortnikov said, TASS reported on Friday (May 24). Russia has made such allegations before.
Read more »
WisdomTree to list crypto products on London Stock ExchangeLONDON : Britain's financial regulator has approved WisdomTree's bid to list exchange-traded products (ETPs) backed by cryptocurrencies bitcoin and ether on the London Stock Exchange, the asset manager said on Wednesday ahead of an expected launch this month.
Read more »
Singapore stocks open higher again on Thursday—STI rose by 0.6%The broader market saw 96 gainers compared to 22 losers, with 64 million securities worth S$102.3 million traded.
Read more »
Singapore shares started strong on Thursday—STI rose 0.3%A total of 45.8 million securities valued at S$74 million were traded.
Read more »
Singapore shares open lower on Thursday—STI dropped by 0.2%More stocks were declining than advancing, with 65 losers compared to 32 gainers.
Read more »
Singapore shares remained mostly flat on Thursday—STI dip 0.02%Singapore Airlines experienced a drop, falling 1.2% or S$0.08 to S$6.68, following the death on board an incoming flight due to turbulence.
Read more »