Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Occupied Palestine: Palestinian media: Martyrs and injuries as a result of the Israeli occupation firing on displaced people while they were waiting for aid west of Rafah.
Al Mayadeen's correspondent in occupied Palestine: 3 martyrs, including a child, as a result of Israeli occupation forces bombing displaced persons' tents in Deir al-Balah in the central Gaza Strip.
Israeli media: Yedioth Ahronoth: Concern in "Israel" over changes within the US administration in recent days.
Al-Qassam Brigades says its fighters are engaging in fierce clashes with the occupation forces, killing and wounding soldiers east of Jabalia camp.
Israeli media platforms are circulating preliminary reports about a multi-causality ambush in Jabalia camp, Gaza.
Al Mayadeen's correspondent: 35 martyrs, 75 injured in occupation targeting of civilians seeking food aid in Rafah, Khan Younis, southern Gaza.
Da Silva: What is happening in Gaza is not a war, it is a genocide
Da Silva: Even the Jewish people do not want this war; it is revenge by a government against the possibility of establishing a Palestinian state
Brazilian President Lula da Silva: What we are seeing is not a war between two armies. [What we have is a] completely professional army that is killing women and children in the Gaza Strip.
Hamas: We affirm our readiness to immediately begin a round of indirect negotiations to reach an agreement on the points of contention

Scholz admits German economy suffers losses from anti-Russia sanctions

  • By Al Mayadeen English
  • Source: Agencies
  • 30 May 2022 17:29
2 Min Read

The German Chancellor's admission came during the opening of the Hannover Messe trade fair on Sunday.

  • x
  • Scholz admits German economy suffers losses from anti-Russia sanctions
    German Chancellor Olaf Scholz

German Chancellor Olaf Scholz acknowledged the impact of anti-Russian sanctions in his statement at the opening of the Hannover Messe trade expo on Sunday.

Read more: Lavrov: West won't be lifting sanctions any time soon

"They [the sanctions] are hitting the Russian leadership and the Russian economy hard, and it gets harder and harder every day," the Chancellor stated.

He added that "simultaneously, we are making sure that they [sanctions] don't hit us and our partners in Europe harder than Russia."

Related News

UK labels Russia 'immediate threat', pledges $3bln to Ukraine

Russia outlines conditions for Ukraine settlement at Istanbul talks

The Chancellor acknowledged that economic losses are an issue for many companies that support sanctions, but claimed that more "serious damage" is being avoided by helping with loans, premiums, and aid packages.

However, Scholz noted that despite this, the losses still continue.

EU unity on Russia sanctions "crumbling"

The EU's unity after Russia launched its military operation in Ukraine is beginning to "crumble", according to German Economy Minister Robert Habeck on Sunday. The threat comes ahead of the EU summit, which will discuss fresh penalties against Moscow, as well as a possible oil embargo.

“After Russia's attack on Ukraine, we saw what can happen when Europe stands united. With a view to the summit tomorrow, let's hope it continues like this. But it is already starting to crumble and crumble again," Habeck told a news conference.

The EU has struggled to get an agreement on placing an oil embargo on Russia, with several member countries expressing fears that the measure would be disastrous for their economies. Hungary, which gets the majority of its oil from Russia, has been the most vocal opponent of the embargo, equating the potential consequences to "an atomic bomb." Other landlocked countries, including Czechia and Slovakia, have expressed similar concerns about the embargo.

After Moscow launched a military operation in Ukraine in late February, the EU placed a number of sanctions packages on Russia.

  • Russia
  • German Chancellor
  • Anti-russian sanctions
  • Germany
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Lebanon's PM Nawaf Salam meets with US envoy Morgan Ortagus in Beirut on April 5, 2025 (Dalati Nohra via AP)AP)

Morgan Ortagus to exit US role in Lebanon amid policy shift

  • Politics
  • 1 Jun 2025
An Israeli army vehicle moves in the Gaza Strip as seen from southern occupied Palestine, Thursday, May 29, 2025 (AP)

Hamas rejects Witkoff ceasefire plan, says alters terms

  • Politics
  • 29 May 2025
Spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, announces a new operation against Ben Gurion Airport on May 29, 2025 (Yemeni Military Media)

Yemen announces successful hypersonic missile strike on Ben Gurion

  • Politics
  • 30 May 2025
It may well be due to the longstanding relationship between MI6 and HTS, via Inter Mediate, that Britain was the first Western country to recognise their assumption of government in Syria. (Al Mayadeen English; Illustrated by Zeinab El-Hajj)

How MI6 helped HTS seize Syria

  • Opinion
  • 31 May 2025

Coverage

All
War on Gaza

Read Next

All
Army commanders tour the operations sectors of the Iraqi army Seventh Brigade, in Anbar, Iraq, Sunday, December 29, 2019 (AP)
Politics

Kataib Hezbollah warns US forces against postponing Iraq withdrawal

(@rafaelmgrossi)
Politics

Egypt urges 'Israel' to join NPT, citing regional nuclear imbalance

AP
Politics

US deal proposal allows Iran to enrich Uranium to Low-Level: Reports

screengrab
Politics

Former Biden spox. Matthew Miller says 'Israel' committed war crimes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS