New European Union sanctions curbing access to western financial markets for some of Russia’s largest firms are targeting banks, arms manufacturers, the country’s leading oil company, Rosneft, as well as the crude subsidiary of its state-owned energy giant Gazprom.The measures published in the 28-nation bloc’s official journal came as a beefed-up response to what the West sees as Russia’s destabilizing actions in Ukraine. The United States, too, was expected to announce another round of Russia sanctions later Friday.The sanctions also ban another 24 officials from traveling to the EU and freeze their assets there. Among the individuals are four deputy …read more
Source: The Jakarta Post
