UKRAINE UPDATE: 3 JUNE 2022: EU approves sixth sanctions package against Moscow; Turkey donates combat drone

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UKRAINE UPDATE: 3 JUNE 2022: EU approves sixth sanctions package against Moscow; Turkey donates combat drone
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The European Union finally overcame Hungarian objections to approve the bloc’s sixth sanctions package against Moscow, including a partial ban on Russian crude imports, just as the Opec+ cartel agreed to increase the size of its oil-supply hikes.

Nato chief meets Biden, backs naval escorts

EU envoys agreed to drop Patriarch Kirill, who heads the Russian Orthodox Church and has been a vocal supporter of Putin and the war, from the EU’s proposed list of sanctioned individuals. Hungary angered many EU ambassadors by demanding Kirill’s removal after EU leaders reached a sanctions deal earlier in the week, but they ended up accepting the demand to ensure adoption.

The campaign organisers will transfer €1.5-million to buy ammunition for the drone, according to Andrius Tapinas, a journalist who started the initiative. Turkish officials preferred that the remaining money donated be spent on humanitarian, logistics or reconstruction aid for Ukraine, he said.

The Swiss government said it may revoke refugee status from Ukrainians who spend more than 15 days per quarter in their home country, in a sign it is tightening the rules for people displaced by the war. Nearly seven million refugees have fled Ukraine since the Russian invasion in late February, with more than 54,000 of the people registered in Switzerland.

The Finance Ministry blamed foreign counterparties for the delay, which was ruled a “failure-to-pay” event by the Credit Derivatives Determinations Committee.Four Russian cruise missiles launched from the Black Sea struck railway infrastructure in the Lviv region near the Polish border Wednesday, causing significant damage, regional governor Maksym Kozytskyi said in a statement on Facebook.

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