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EU sanctions to hit Russia where it hurts

Last Updated: Tuesday, July 29, 2014, 16:59

The EU prepared Tuesday to hit Russia where it hurts with tough economic sanctions as Moscow insisted the West can do it little harm and showed no sign of reversing course in Ukraine.

Russia hit by $50 bn Yukos ruling amid sanctions squeeze

Last Updated: Tuesday, July 29, 2014, 14:36

An international court ordered Russia on Monday to pay Yukos shareholders a record $50 billion compensation over its seizure of the defunct oil giant, a new blow for Moscow on top of sanctions over the Ukraine crisis.

Russia calls Japan sanctions "unfriendly", to harm ties

Last Updated: Tuesday, July 29, 2014, 14:26

Russia called on Tuesday Japan`s plans to impose sanctions on the assets of those it considered to be involved in instability in eastern Ukraine "unfriendly" and said they would harm relations between the two countries.

US, EU set to impose further sanctions on Russia

Last Updated: Tuesday, July 29, 2014, 14:24

The US and the European Union have reached a consensus on slapping tougher sanctions on Russia, including economic and financial penalties for Kremlin`s continued support to the pro-Russia separatists in Ukraine.

International observers to arrive in Russia

Last Updated: Tuesday, July 29, 2014, 12:13

Two groups of representatives from the Organisation for Security and Cooperation in Europe (OSCE) are scheduled to arrive in Russia`s Rostov region Tuesday.

Russia has violated arms treaty by testing cruise missile: US

Last Updated: Tuesday, July 29, 2014, 08:32

The United States has found that Russia violated a 1987 arms control treaty by testing a ground-launched cruise missile, a senior US official has said, calling the matter "very serious."

U.S. says Russia violated nuclear treaty, urges immediate talks

Last Updated: Tuesday, July 29, 2014, 07:44

In another sign of deteriorating relations between the United States and Russia, the U.S. government said on Monday that Moscow had violated the Intermediate Range Nuclear Forces treaty, and urged immediate bilateral talks on the issue.

Fighting in Ukraine prompts residents to flee

Last Updated: Tuesday, July 29, 2014, 06:19

Panicky residents in an eastern Ukrainian town have fled their homes carrying a few possessions in plastic bags and small suitcases as shells exploded in the distance, fighting that also prevented an international police team from reaching the area where the Malaysia Airlines plane was downed.

Russian UN envoy accuses Kiev over crash site takeover

Last Updated: Tuesday, July 29, 2014, 04:55

Russia`s envoy to the United Nations accused Ukraine of violating a key Security Council resolution with its campaign to seize control of the crash site of Malaysian airliner MH17.

EU hits Putin business associates with sanctions: officials

Last Updated: Tuesday, July 29, 2014, 04:37

The EU has agreed to impose asset freezes and travel bans on business figures and entities closely associated with Russian President Vladimir Putin who have benefited from the Ukraine crisis, EU officials said.

EU, US to impose new Russia sanctions: White House

Last Updated: Tuesday, July 29, 2014, 01:38

The White House says it expects the European Union to impose new sanctions this week against Russia, including against key sectors of the Russian economy, and that the United States will implement additional measures as well.

Ukraine: Rebels still manipulating crash site

Last Updated: Tuesday, July 29, 2014, 01:00

Ukraine`s foreign minister said today that pro-Russian separatists are continuing to try to manipulate the wreckage of the Malaysian airliner that the United States and others have accused the rebels of shooting down.