Tag: Russia

Ukraine has banned all imports from Russia, one of its key trading partners before the war with annual imports valued at about $6 billion, and called on other countries to follow and impose harsher economic sanctions on Moscow.

Russia could face its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even though the payment was due in U.S. dollars.

Kremlin spokesperson Dmitry Peskov said on Thursday that if Finland and Sweden joined NATO then Russia would have to "rebalance the situation" with its own measures.

Europe vowed to stay united against Russia's demand that they pay for its gas in roubles, as the threat of an imminent supply halt eased on Friday.

Ukrainian and Russian negotiators met in Turkey on Tuesday for the first face-to-face talks in nearly three weeks, with Ukraine seeking a ceasefire without compromising on territory or sovereignty as its forces have pushed Russians back from Kyiv.