The European Union has put forth a proposal for its twelfth round of sanctions targeting Russia. The European Union has unveiled a comprehensive 12th package of sanctions aimed at tightening measures against the Kremlin and its affiliates since the February 2022 invasion of Ukraine.
European Commission President Ursula von der Leyen has declared the European Union "must defend ourselves" from unfair subsidies to Chinese electric vehicle makers.
As Russia's war in Ukraine grinds through its fourth week, President Vladimir Putin's greatest accomplishment so far may be one he never intended: a unified Europe.
Russia's central bank sharply raised a benchmark interest rate to combat steep losses in the ruble's value as sanctions crimp Russian economic activity.