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G7 fails to agree Russian diamonds ban

The Group of Seven (G7) nations have not reached consensus regarding sanctions on the Russian diamond industry, according to a statement by foreign ministers published on Wednesday following a meeting in Tokyo. In a section dedicated to the Ukraine conflict, the group reiterated its earlier pledge to pursue its sanctions …

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EU fails to unblock €5 billion aid to Ukraine

The EU will consider a €5 billion military aid package for Ukraine for 2024, the bloc’s foreign policy chief Josep Borrell said in Kiev on Monday. Hungary’s veto on the existing €500 million “European Peace Facility” fund has not yet been withdrawn, however. “I have proposed a new multi-annual bilateral …

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EU fails to agree new anti-Russian sanctions – media

EU nations failed to reach agreement on a new package of anti-Russian sanctions at a meeting of ambassadors on Wednesday, with the issue of synthetic rubber emerging as a sticking point, Politico has reported.  The outlet’s Thursday Playbook newsletter cited draft EU documents obtained by journalists.  Synthetic rubber is a …

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EU fails to agree Russian gas price cap – Hungary

EU energy ministers have failed to reach a consensus on setting a price cap on Russian gas at an emergency meeting on Friday, Hungarian Minister of Foreign Affairs Peter Szijjarto told reporters. “Today there was no solution, there was only a political dispute, which served as a reference point for …

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US hypersonic missile test fails – Bloomberg

A hypersonic missile test flight ended in a failure in Hawaii on Wednesday, Bloomberg reported citing the Pentagon. The Department of Defense offered few details of what happened, stating only that “an anomaly occurred following ignition of the test asset.” “While the Department was unable to collect data on the …

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West fails to label Russian gems as ‘blood diamonds’ – media

Russia, the world’s biggest producer of diamonds, has managed to foil a Western-backed attempt to prevent the country’s gems from being sold on the global market, Reuters reported on Thursday, citing newly published letters. The proposal, which was supported by Ukraine, the EU, Australia, Britain, Canada, and the United States, …

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EU plotting backup plan if oil embargo fails – media

The EU is reportedly considering imposing import tariffs on Russian crude if any members of the bloc refuse to implement the terms of the newly announced embargo on oil from the country, the FT reported on Wednesday. Earlier this week, EU member states reached an agreement on a partial ban …

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EU fails to agree on Russian oil embargo

Finding an immediate EU consensus on banning Russian oil is unrealistic, according to Estonian Prime Minister Kaja Kallas. The leaders of the bloc gathered for summit in Brussels on Monday to resolve the issue. “I don’t think we’ll reach an agreement today,” Kallas said, adding it was more likely an …

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