Page 29 - European Union

Work of Russian embassy in Washington blocked by US authorities: Ambassador

The US, along with the G7 nations and European Union (EU) has imposed severe and immediate economic sanctions on Russia for its actions in Ukraine

Tech giants face landmark fines for breaches under EU's new content rules

Noncompliance could cost companies as much as 6% of global annual sales when the rules go into effect, in 2023 or 2024 depending on their size.

India wants to be friends with the West, but needs Russia: Sitharaman

"India wants to be friends with the European Union and the Western, free, liberal world, but not as a weak friend that needs desperate help here and there," Sitharaman said

European Union reaches landmark deal on hate speech, disinformation

EU Commission Vice President Margrethe Vestager said, with today's agreement we ensure that platforms are held accountable for the risks their services can pose to society and citizens

Looking to deepen pain for Putin, West studying oil and gas sector

Cutting off Russian profits from oil and natural gas sales has become a main topic among world leaders looking at what else they can do to force Putin to end his invasion

Technology companies face billions in fines under EU content rules

The landmark Digital Services Act is the EU's answer to what it sees as a failure by tech giants to combat illegal content on their platforms.

EU poised to unveil rules forcing Big Tech to protect users

EU officials were negotiating Friday over the final details of the legislation, dubbed the Digital Services Act

Russia-Ukraine crisis: Zelensky lists '5 steps' during World Bank session

The Ukrainian President said the first step was immediate support for Ukraine, "so that the Russian leadership knows that the war will not allow them to realise any of their aggressive goals

Oil edges higher on concerns over Russia, Libya supply disruption

Buyers also reacted to ongoing interruptions in Libya, which is losing more than 550,000 barrels per day of oil output due to blockades at major fields and export terminals

Zelensky urges people around the world to join 'Arm Ukraine Now' campaign

Ukrainian President Volodymyr Zelensky called for joining the millions of votes in the global campaign on social networks: #ArmUkraineNow

Turkey's cross-border op threatens security, violates sovereignty: Iraq

Iraq has said that the Turkish military operation in its semi-autonomous Kurdistan region is a threat to the country's national security and a violation of its sovereignty.

Explained: How Russia's eastern push in Ukraine's Donbas may unfold

Some predict Russia also may try to use its forces north of Crimea to try to capture the industrial hubs of Zaporizhzhia and Dnipro on the Dnieper River, effectively cutting Ukraine in half

US urges Serbia to join West on sanctions against its ally Russia

Serbia voted in favor of three United Nations resolutions condemning the Russian aggression against Ukraine but it has not joined international sanctions against Moscow

European Commission President Ursula Von Der Leyen to visit India next week

Der Leyen is scheduled to hold talks with Prime Minister Narendra Modi and meet President Ram Nath Kovind among other leaders

Ukraine war: France trying to convince EU to impose embargo on Russian oil

France is trying to convince its EU partners to impose an embargo on oil supplies from Russia to undermine its ability to finance its special military operation in Ukraine, French Minister Le Maire sa

Zelensky hands over Ukraine's EU membership questionnaire to EU envoy

"Today is one of the stages for our country in joining the EU, the aspiration that our people are striving for and fighting for," Zelensky said at the handover ceremony in Kiev

European Union expects to pay bulk of Ukraine's reconstruction costs

The topics of post-war reconstruction and possible war reparations are expected to garner attention over the next weeks

Oil steady despite Libya supply drop, Shanghai preparing to reopen

Brent crude futures rose 21 cents, or 0.2%, to $113.37 a barrel at 0020 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $108.19 a barrel

Oil prices rise on supply concerns as Russia-Ukraine crisis deepens

Brent futures were up $1.50, or 1.3%, at $113.20 a barrel at 0030 GMT, and U.S. West Texas Intermediate futures rose 98 cents, or 0.9%, to $107.93 a barrel

European Union to sanction Russia's Sberbank, other banks: Report

The European Union plans to sanction Russia's largest lender Sberbank and other Russian financial firms in its next round of restrictions