Sanctions on Russia: Biden announces US ban on Russian oil imports
The European Commission to cut the EU's dependency on Russian gas * UK to reduce oil and gas imports * Russia, Belarus should be barred from hosting international sports events
By REUTERS, JERUSALEM POST STAFF
Published: MARCH 8, 2022
With the war on Ukraine reaching day 13 sanctions against Russia have been consistently ramping up. Among massive sanctions from both private sectors and governments rose the question of dependency on Russian gas and oil, with Russia being one of the main exporters of both. Coffee giant Starbucks Corp said on Tuesday that it is suspending all business activity in Russia, including the shipment of its products and cafes run by a licensee.
Russia and Belarus should not be permitted to host, bid for, or be awarded any international sporting events after the invasion of Ukraine, according to a statement signed by sporting officials from dozens of countries and released by the U.S. State Department.
The statement calls on international sporting federations to limit sponsorship opportunities for companies tied to Russian and Belarusian governments. It is signed by officials from the United Kingdom, Italy and Japan, among other countries. China and India are not included in the statement.
more................ https://www.jpost.com/breaking-news/article-700675
The European Commission to cut the EU's dependency on Russian gas * UK to reduce oil and gas imports * Russia, Belarus should be barred from hosting international sports events
By REUTERS, JERUSALEM POST STAFF
Published: MARCH 8, 2022
With the war on Ukraine reaching day 13 sanctions against Russia have been consistently ramping up. Among massive sanctions from both private sectors and governments rose the question of dependency on Russian gas and oil, with Russia being one of the main exporters of both. Coffee giant Starbucks Corp said on Tuesday that it is suspending all business activity in Russia, including the shipment of its products and cafes run by a licensee.
Russia and Belarus should not be permitted to host, bid for, or be awarded any international sporting events after the invasion of Ukraine, according to a statement signed by sporting officials from dozens of countries and released by the U.S. State Department.
The statement calls on international sporting federations to limit sponsorship opportunities for companies tied to Russian and Belarusian governments. It is signed by officials from the United Kingdom, Italy and Japan, among other countries. China and India are not included in the statement.
more................ https://www.jpost.com/breaking-news/article-700675