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Putin ally Timchenko says business will not turn on him over sanctions

Last Updated: Monday, August 04, 2014, 14:30

An ally of Vladimir Putin said on Monday that Russia`s business elite would not put pressure him to change tack on Ukraine due to Western sanctions which would only strengthen support for the President`s policies.

Moscow calls US sanctions `illegitimate`

Last Updated: Thursday, July 31, 2014, 00:07

The economic sanctions imposed by the United States are a revenge on Russia, the country`s foreign ministry said Wednesday.

Russia warns of `tangible` consequences for US after sanctions

Last Updated: Wednesday, July 30, 2014, 18:42

Russia warned Wednesday that a new round of Western sanctions will have "rather tangible" consequences for the United States, accusing Washington of seeking to punish Moscow for its assertive policies.

US sanctions against Russia cause spike in sale of AK-47

Last Updated: Saturday, July 26, 2014, 08:17

The sanctions imposed on the maker of AK-47 by the US Treasury Department last week has caused a spike in sale of the popular assault rifle in the country, media reports said Friday.

Russia says new US sanctions unacceptable

Last Updated: Thursday, July 17, 2014, 05:59

Russia today called new US sanctions outrageous and unacceptable, and threatened retaliation after Washington and the European Union ramped up punitive measures against Moscow over the Ukraine crisis.

Uganda warns US sanctions over anti-gay law hits vulnerable

Last Updated: Monday, June 23, 2014, 18:26

Uganda warned on Monday that US sanctions slapped on the country over its tough anti-gay laws would harm the "most vulnerable" in the country.

BNP Paribas nears up to $9 billion settlement with US authorities: Source

Last Updated: Monday, June 23, 2014, 13:24

BNP Paribas has been negotiating on an almost daily basis with U.S. authorities for weeks.

Ukraine crisis: Pro-Russian activists capture key installations in Luhansk

Last Updated: Wednesday, April 30, 2014, 02:25

Fresh violence erupted in eastern Ukraine Wednesday as thousands of pro-Russian protesters stormed key buildings, escalating the crisis after Moscow hit back at "Iron Curtain"-style Western sanctions.

Ukraine crisis: Tone down the rhetoric, Russia tells US as more sanctions imposed

Last Updated: Tuesday, April 29, 2014, 14:34

As the US and the EU slapped more sanctions on Russia over the escalating crisis in eastern Ukraine, Russian Defence Minister reiterated Moscow`s denial about presence of Russian armed groups in Ukraine.

Russia slams fresh US sanctions, says America back in Cold War

Last Updated: Tuesday, April 29, 2014, 06:30

Moscow has sharply criticised the new set of sanctions imposed by the US administration against seven top Russian government officials and 17 firms linked to President Vladimir Putin in its latest action to punish Moscow for its intervention in crisis prone Ukraine.

BP says committed to Rosneft despite US sanctions

Last Updated: Tuesday, April 29, 2014, 00:51

British energy group BP said on Monday it remained committed to its investment in Rosneft despite new sanctions imposed by the United States against the Russian oil giant`s chief executive Igor Sechin.

US sanctions on Russia having an impact: US Treasury

Last Updated: Saturday, April 26, 2014, 16:52

US Treasury Secretary Jack Lew said in a radio interview Friday that sanctions imposed on Russia for actions in Ukraine are "having an impact."