The EU adopted its 16th sanctions package against Russia, targeting its economy, shadow fleet, and military sector. New measures restrict financial networks, trade, and media, while expanding energy sanctions.
The EU adopted its 16th sanctions package against Russia on Monday, targeting key sectors of its economy and individuals linked to the war in Ukraine. As the conflict enters its fourth year, EU officials aim to weaken Moscow’s military capabilities.
The new measures affect Russia’s shadow fleet, financial networks, and military-industrial complex. EU foreign policy chief Kaja Kallas stated that each sanction package reduces the Kremlin’s war funds. The EU Council sanctioned 83 individuals and entities undermining Ukraine’s territorial integrity and expanded criteria to target ships evading oil sanctions, now restricting 153 vessels.
For the first time, the EU imposed a transaction ban on foreign financial institutions using Russia’s SPFS messaging system and expanded restrictions on 13 regional banks. Additionally, 53 entities supplying Russia’s military sector were sanctioned.
New trade restrictions cover drone technology, chemicals, and software for weapons development. Limits were placed on industrial exports and Russian aluminum imports.
The EU also revoked broadcasting licenses for eight Russian media outlets accused of spreading Kremlin propaganda and tightened restrictions on Russian ports, transport, and aviation.
Energy sanctions were extended, banning software for oil and gas exploration and prohibiting temporary storage of Russian crude in the EU. EU leaders reaffirmed their commitment to supporting Ukraine, with Kallas emphasizing sanctions as a crucial tool in pressuring Moscow.
The EU is preparing countermeasures after Trump’s sweeping tariffs, set to impose a 10% minimum duty on imports and 20% on EU goods. European leaders warn of economic fallout as trade ministers plan next steps, with talks critical to avoiding a trade war.
The European Union is prepared to retaliate against U.S. tariffs but prefers a negotiated resolution, European Commission President Ursula von der Leyen said. She warned that U.S. tariffs would fuel inflation and harm jobs while urging the EU to remove internal trade barriers.
The first summit between the leaders of the EU and the five countries of Central Asia (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan) will take place on 4th April in Samarkand, Uzbekistan.
On March 31, 2025, European diplomats met in Madrid to discuss the ongoing war in Ukraine and the need for Russia to agree to a ceasefire.
European leaders, including Kaja Kallas and Jean-Noel Barrot, are urging Russia to show goodwill by agreeing to a ceasefire in Ukraine and making humanitarian gestures like returning deported Ukrainian children and releasing prisoners of war.
Severe storms across the southern and Midwestern US have caused "generational" flooding and tornadoes, leaving over 400,000 without power. With up to 15 inches of rain expected and more tornadoes, officials warn of catastrophic damage and life-threatening conditions.
Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes.
During a high-level meeting, officials from Kyrgyzstan and Russia emphasized the growing economic partnership between the two nations, highlighting a 14.5% increase in mutual trade and reaffirming their commitment to further expansion.
Seven migrants, including a child, died when their boat sank off Lesbos. 23 survivors were rescued, but the search continues. Greece remains a crucial entry point for migrants, underscoring the perilous sea journey many undertake in search of safety and a new life.
The Hungarian government has decided to withdraw from the International Criminal Court (ICC), marking a significant shift in the country's international stance.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Severe storms across the southern and Midwestern US have caused "generational" flooding and tornadoes, leaving over 400,000 without power. With up to 15 inches of rain expected and more tornadoes, officials warn of catastrophic damage and life-threatening conditions.
Seven migrants, including a child, died when their boat sank off Lesbos. 23 survivors were rescued, but the search continues. Greece remains a crucial entry point for migrants, underscoring the perilous sea journey many undertake in search of safety and a new life.
The Hungarian government has decided to withdraw from the International Criminal Court (ICC), marking a significant shift in the country's international stance.
Belgium has warned that newly announced U.S. import tariffs could weaken its economic growth, even as Washington presses allies to ramp up defence spending.
German Economy Minister Robert Habeck has strongly condemned the newly announced US tariffs, warning that they could trigger an economic downturn, lead to a global recession, and disrupt international trade.
Severe storms across the southern and Midwestern US have caused "generational" flooding and tornadoes, leaving over 400,000 without power. With up to 15 inches of rain expected and more tornadoes, officials warn of catastrophic damage and life-threatening conditions.
Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes.
During a high-level meeting, officials from Kyrgyzstan and Russia emphasized the growing economic partnership between the two nations, highlighting a 14.5% increase in mutual trade and reaffirming their commitment to further expansion.
Seven migrants, including a child, died when their boat sank off Lesbos. 23 survivors were rescued, but the search continues. Greece remains a crucial entry point for migrants, underscoring the perilous sea journey many undertake in search of safety and a new life.
The Hungarian government has decided to withdraw from the International Criminal Court (ICC), marking a significant shift in the country's international stance.
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