Hungary has reportedly continued to block proposed new sanctions package

EU ambassadors have so far failed to reach an agreement on a new package of sanctions against Russia, as Hungary continues to oppose a ban on Russian oil imports, Bloomberg reported on Sunday, citing sources familiar with the talks.

The EU has already come up with five rounds of sanctions, which are being imposed in re

The EU ban on Russian oil is expected to further inflate oil prices, increasing Moscow’s oil revenues

The ban on imports of Russian crude proposed by the EU authorities will only raise Moscow’s oil revenues, according to Norbert Rucker, head of economics and next-generation research at Swiss wealth manager Julius Baer.

The impact of the ban on Russia is “debatable,” the analyst said in an i

A Canadian ex-soldier known as ?Wali? has alleged chaos, looting and incompetence in the Ukrainian military

Once lauded by the international media, a Canadian sniper known as ‘Wali’ has returned from Ukraine to Quebec, telling local media that his experience there was a “terrible disappointment.” He claimed there was inadequate weaponry, poor training and heavy losses, as well as profiteering and