Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Breaking News

Breaking News

Ukraine puts 50-year financial sanctions on Russia.

Members of the Honour Guard attend a rising ceremony of Ukraine's biggest national flag to mark the Day of the State Flag, amid Russia's attack on Ukraine, Photo Credit: Reuters
Members of the Honour Guard attend a rising ceremony of Ukraine's biggest national flag to mark... Members of the Honour Guard attend a rising ceremony of Ukraine's biggest national flag to mark the Day of the State Flag, amid Russia's attack on Ukraine, Photo Credit: Reuters
Members of the Honour Guard attend a rising ceremony of Ukraine's biggest national flag to mark the Day of the State Flag, amid Russia's attack on Ukraine, Photo Credit: Reuters
Members of the Honour Guard attend a rising ceremony of Ukraine's biggest national flag to mark... Members of the Honour Guard attend a rising ceremony of Ukraine's biggest national flag to mark the Day of the State Flag, amid Russia's attack on Ukraine, Photo Credit: Reuters

Listen to the article now

On Thursday, Ukraine’s parliament slapped 50-year sanctions on Russia’s central bank, commercial banks, investment funds, insurers, and other businesses.

Kyiv imposed the sanctions to keep Russia financially pressured for its full-scale invasion of Ukraine on Feb. 24 last year.

“Russian financial institutions cannot access Ukrainian markets or assets. Block, “On Facebook, National Bank of Ukraine governor Andriy Pyshniy remarked.

On Thursday, Ukraine’s parliament imposed 50-year sanctions on Russia’s federal bank, commercial banks, investment funds, insurers, and other firms.

Kyiv implemented the sanctions to financially squeeze Russia for its full-scale invasion of Ukraine on Feb. 24 last year.

“Russian banks cannot invest in Ukraine. Stop,” Andriy Pyshniy commented on Facebook.

Ukraine has previously sanctioned hundreds of Russian officials and companies, restricted Russians from owning land and engaging in state privatization, outlawed public purchases of Russian goods and services and stopped technology transfer to Russians.

Ukraine also wants Western nations to penalize Russia’s nuclear industry.

 

 

 


Comment Template

You May Also Like

Politics

Donald Trump’s plan to revive **impoundment** sparks debate over presidential control of federal spending. Critics argue it **undermines congressional authority** and could trigger legal...

Politics

Israeli Prime Minister Netanyahu’s upcoming Washington visit with President Trump aims to solidify Gaza’s fragile ceasefire. With the focus on lasting peace, humanitarian aid,...

Politics

Germany faces intense political turbulence ahead of its snap election, with immigration dominating the debate. Protests erupt against far-right rhetoric while CDU leader Friedrich...

Politics

President Trump reaffirmed his Return-to-Office mandate for federal employees, emphasizing confidence in the government’s deep talent pool despite concerns over resignations or recruitment challenges....

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok