Russia blasted new Western sanctions Wednesday targeting Russian state-owned banks and trade in technology, trade, and arms. The European countries hope these new sanctions will put pressure on Russia, but it might also harm their own economies. (July 30)
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Russia blasted new Western sanctions Wednesday targeting Russian state-owned banks and trade in technology, trade, and arms. The European countries hope these new sanctions will put pressure on Russia, but it might also harm their own economies. (July 30)
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The European Union suspended talks with Russia on a wide-ranging economic pact and a visa agreement Thursday in response to its military incursion into Ukraine's Crimean Peninsula, threatening tougher sanctions unless Moscow swiftly defuses the crisis.
The moves at an emergency EU summit came on the heels of visa and financial sanctions the Obama administration imposed on Russians and Ukrainians over the military incursion into Crimea.
EU President Herman Van Rompuy said further measures could include travel bans, asset freezes and the cancellation of an EU-Russia summit if Moscow does not quickly end its aggression and joins meaningful, multilateral talks within days to halt the crisis.
'We are in close coordination with the United States on this,' German Chancellor Angela Merkel said. 'We cannot go back to business as usual' with Russia, she added.
However, the EU's latest sanctions appeared weak compared to the U.S. ones and to what some more hawkish EU countries wanted, particularly those bordering Russia. Poland's leader noted the resistance to penalizing Moscow remains fairly high among some members of the 28-nation bloc because of Europe's close proximity, energy dependence and trade ties to Russia.
As the EU leaders met, the U.S. also sent six F-15 fighter jets to Lithuania to bolster air patrols over the Baltics, and a U.S. warship is now in the Black Sea to participate in long-planned exercis
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Islamist attacks, strikes and floods kept foreign tourists away from the French capital in the first half of the year and cost the Paris region tourism industry some 750 million euros in lost revenue.
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As the crisis in Ukraine deepens, Secretary of State John Kerry said Tuesday the U.S. and the European Union are poised to slap new sanctions against Russia for its support of rebels fighting in the eastern part ot the country. (July 28)
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The United States and the European Union have imposed a new round of economic sanctions on Russia. Officials say the penalties are aimed at punishing Russia for deepening its provocations in Ukraine. (Sept. 12)
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As Russian soldiers stepped up their patrols of Crimea's military facilities and the peninsula's residents started receiving Russian passports, President Barack Obama and the EU announced new sanctions against Russian officials and a bank. (March 20)
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Secretary of State John Kerry on Thursday accused Russia of inaction in helping to ease the tense situation in eastern Ukraine, warning the United States is ready to impose additional sanctions in response. (April 24)
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At a news conference in Manila Monday, President Barack Obama announced new sanctions on Russia and touted a 10-year defense agreement with the Philippines. Obama is on his last leg of a four-nation Asia tour. (April 28)
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In the wake of Russia's control of Ukraine's strategic Crimean peninsula, analysts say the Western opposition should deploy tough economic sanctions to encourage Russia to scale back its presence. (March 3)
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The peninsula of Crimea in southern Ukraine is at the centre of what is being seen as the biggest crisis between Russia and the West since the Cold War.
Troops loyal to Russia have taken control of the region and the pro-Russian parliament has voted to join the Russian Federation, to be confirmed in a referendum.
Crimea is a centre of pro-Russian sentiment, which can spill into separatism. The region - a peninsula on Ukraine's Black Sea coast - has 2.3 million people, a majority of whom identify themselves as ethnic Russians and speak Russian.
The region voted heavily for Viktor Yanukovych in the 2010 presidential election, and many people there believe he is the victim of a coup - prompting separatists in Crimea's parliament to vote for joining the Russian Federation and a referendum on secession.
Is Crimea truly Ukrainian?
Russia has been the dominant power in Crimea for most of the past 200 years, since it annexed the region in 1783. But it was transferred by Moscow to Ukraine - then part of the Soviet Union - in 1954. Some ethnic Russians see that as a historical wrong.
However, another significant minority, the Muslim Crimean Tatars, point out that they were once the majority in Ukraine, and were deported in large numbers by Soviet leader Joseph Stalin in 1944 for alleged collaboration with Nazi invaders in World War Two.
Ethnic Ukrainians made up 24% of the population in Crimea according to the 2001 census, comp
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