The European Union has extended the restrictive measures on Russia for an additional six months, until 31 January 2026, due to the Moscow's ongoing actions destabilizing the situation in Ukraine.
In retaliation, Russia has imposed restrictions within its territory on access to the websites of 15 European media outlets.
These economic measures, initially introduced in 2014, have been significantly expanded since February 2022 in response to "Russia’s unprovoked, unjustified, and illegal military aggression against Ukraine," - EU statement read.
They currently consist of a broad spectrum of sectoral measures, including restrictions on trade, finance, energy, technology and dual-use goods, industry, transport and luxury goods. They also cover: a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU, a de-SWIFTing of several Russian banks and the suspension of the broadcasting activities and licenses in the European Union of several Kremlin-backed disinformation outlets. Additionally, specific measures enable the EU to counter sanctions circumvention.
On Monday, the Russian Foreign Ministry announced that Russia had decided to impose countermeasures by restricting access within its territory to the websites of fifteen media outlets from EU member states, accusing them of spreading "false" information.
The statement said the measures were taken in response to restrictions imposed by the 27-member bloc within the framework of its 16th sanctions package approved in February against eight Russian media outlets, namely Eurasia Daily, Fondsk, Lenta, NewsFront, RuBaltic, SouthFront, Strategic Culture Foundation, and Krasnaya Zvezda..
“Responsibility for such developments lies entirely with the European Union and the bloc's member states that supported the unlawful decisions. The Russian side will reconsider its latest decision regarding European media outlets if restrictions on domestic publications and information channels are lifted,” - the Russian statement said.
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Russia and Ukraine issued conflicting battlefield reports on Friday, with Moscow claiming control of eight towns and cities, while Kyiv said it had stabilised the front near Kupyansk.
Russian forces struck Ukraine’s southern port city of Odesa for a second consecutive day on Saturday (13 December), deploying Kinzhal hypersonic missiles for the first time in the conflict, Ukrainian authorities said.
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Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
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