EU Extends Sanctions On Russia Until 2016

Posted on June 22, 2015June 22, 2015 by admin

European Union foreign ministers on Monday extended economic sanctions against Russia until January 31, 2016. Permanent envoys from the European Union agreed to extend the sanctions against Russia during a meeting on June 17 and forwarded their decision to EU foreign ministers for their approval. The EU foreign ministers approved the extension in Luxembourg during an EU Council meeting. Since 2014, the European Union, as well as its allies, imposed several rounds of sanctions against Ru...

Putin says Sanctions will Help Russian Economy

Posted on April 16, 2015June 22, 2015 by admin

In a measure of Russia’s grinding economic difficulties, President Vladimir Putin on Thursday devoted the bulk of an annual call-in program to assuring his nation that life would soon improve after a year of confrontation with the West. The highly choreographed show is a barometer of the message the Kremlin wants to deliver to Russia. Last year’s edition took a triumphant tone as Putin exulted in the annexation of Ukraine’s Crimean Peninsula. But the president this time took a far more con...