EU agrees new sanctions against Russia, targeting Chinese companies suspected of circumvention
The main objective of the 11th package is to crack down on the circumvention of the multiple penalties that have been imposed since February 2022.
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The main objective of the 11th package is to crack down on the circumvention of the multiple penalties that have been imposed since February 2022.
LONDON: Western allies on Wednesday promised to make Russia pay for invading Ukraine as governments and private investors met to fund the country’s reconstruction from the ravages of war. The World Bank has put an estimate of $14 billion on Ukraine’s immediate needs to repair the damage caused by the bitter fighting. But a recent study by the World Bank, the UN, the European Union and the Ukrainian government said the wider recovery of the economy would cost $411 billion.
As we approach the summer period, many of us will be gearing up to go on holiday abroad.
Europe is blessed with magnificent forests. They are vital to us: they clean our air and even help combat climate change. But they are also highly in demand.
But even that is starting to sour. Foreign investment is slowing as US allies watch Washington employ a carrot-and-stick approach to push key industries to reshore their activity. The United States is not alone.
As a result of the sweeping bans imposed in reaction to the Ukraine war, the bloc's imports of Russian oil have plunged by 90% in the span of one single year.
Rosario never thought she would want to be a mother until she met Antonio. The moment she saw him at the occupational centre she fell in love.
The average EU citizen generated 4.8 tonnes of waste in 2020, but only 38 per cent of it was recycled.