The US expanded full blocking sanctions on Wednesday against Russia’s state lender Sberbank and one of the country’s largest private lenders, Alfa Bank. “Today, we’re dramatically escalating the financial shock by imposing full blocking sanctions on Russia’s largest financial institution, Sberbank, and its largest private bank, Alfa Bank,” a senior administration official told reporters.
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The bloc’s top diplomat proposed six points to serve as guidelines for diplomacy towards Russia The EU’s policies towards Moscow promoted by foreign policy chief Josep Borrell only deepen the divisions within the bloc, Russian Foreign Ministry spokeswoman Maria Zakharova said on Saturday.
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An immediate ban would lead to job losses and seriously affect the economy, the labor minister says An embargo on Russian natural gas would seriously affect the German economy, as well as society, Labor Minister Hubertus Heil said in an interview with news outlet Funke, published on Saturday.
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