The European Union did not reach agreement on its 18th sanctions package against Russia on Tuesday, EU foreign policy chief Kaja Kallas confirmed following a meeting of foreign ministers in Brussels.
Kallas expressed disappointment over the delay, saying she was "really sad" the measures were not approved but remained optimistic that a deal could be finalised on Wednesday. “The ball is in Slovakia’s court now,” she said, referring to Slovakia’s continued objections.
Bratislava has been holding up the package over concerns linked to a separate EU proposal to phase out Russian gas imports by 1 January 2028.
According to sources cited by Reuters, the content of the sanctions package had been broadly agreed, though one member state still had reservations regarding a proposed adjustment to the price cap on Russian oil.
The European Commission introduced the new round of sanctions last month in response to Russia’s ongoing war in Ukraine. The package targets revenues from Moscow’s energy sector, its banking system, and its military-industrial complex.
Key proposals include a ban on transactions with Russia’s Nord Stream pipelines and sanctions on financial institutions involved in circumventing existing measures. It also proposes a floating price cap on Russian crude oil set at 15% below the average market price over the previous three months, according to EU diplomats.
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to...
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on th...
President Ilham Aliyev and First Lady Mehriban Aliyeva have arrived in Beijing to join the commemorations marking the 80th anniversary of the Victory ...
The price of gold surged sharply on Wednesday, reaching a new record of $3,530.08 per ounce. Analysts say the rise is driven by expectations of a U.S....
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in Japan.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
President Ilham Aliyev and First Lady Mehriban Aliyeva have arrived in Beijing to join the commemorations marking the 80th anniversary of the Victory in the Chinese People's War of Resistance against the Japanese occupation and World War II.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment