Major Russian banks hit by sanctions

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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Germany frustrated over neighbors’ gas-sharing reluctance –  Bloomberg

Germany’s neighbors Belgium, Luxembourg, the Netherlands and Poland have refused to engage in “constructive negotiations” about gas solidarity deals, Economy Minister Robert Habeck said in a report to lawmakers seen by Bloomberg.

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Borrell’s ideas deepen EU divisions – Moscow

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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