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
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

UK’s Johnson warns of protracted crisis

  • By Al Mayadeen Net
  • Source: Agencies
  • 22 Feb 2022 18:15
3 Min Read

The UK slapped sanctions on Russian banks and billionaires in what Prime Minister Boris Johnson called "the first barrage" of measures in response to the Kremlin's recent decisions.

  • x
  • UK’s Prime Minister Boris Johnson
    UK’s Prime Minister Boris Johnson

UK’s Prime Minister Boris Johnson said Tuesday that Britain will impose sanctions on five Russian banks and three "very high-net-worth individuals" following Russia's decision to recognize the sovereignty of the two republics, Donetsk and Lugansk, in southeast Ukraine.

“Britain will use new powers approved by parliament to introduce pre-prepared sanctions on Russian individuals and entities of strategic importance to the Kremlin", Johnson told Parliament.

"The UK and our allies will begin to impose the sanctions on Russia that we have already prepared... to sanction Russian individuals and entities of strategic importance to the Kremlin," he told MPs.

The five banks -- IS Bank, Rossiya, Promsvyazbank, General Bank, and the Black Sea Bank -- and three people sanctioned will see any UK assets frozen.

Gennady Timchenko, Boris Rotenberg, and Igor Rotenberg will be prevented from entering the United Kingdom, and all UK persons and businesses will be prohibited from interacting with them and their banks.

"We cannot tell what will happen in the days ahead," Johnson added in the House of Commons, "But... we should steel ourselves for a protracted crisis."

Related News

Al Mayadeen obtains draft barring attacks on IAEA-monitored facilities

Oil prices rise on Russia supply fears and Fed policy outlook

"This is the first tranche, the first barrage, of what we are prepared to do, and we hold further sanctions at readiness to be deployed, alongside the United States and the European Union," he stressed.

It is worth mentioning that Boris said on Saturday that “if Ukraine is endangered, the shock will echo around the world. And those echoes will be heard in east Asia — will be heard in Taiwan." 

These remarks came as the EU's top diplomat announced that foreign European ministers will meet on Tuesday to discuss what penalties to implement in response to Russia's decision to recognize the sovereignty of the two republics.

Sanctions legislation signed

On February 10, the UK government signed new legislation into law that gives it the authority to impose tougher and broader sanctions on Russia if it escalates its alleged aggression against Ukraine, as per the western rhetoric.

The new legislation became effective after being signed by a minister and formally laid before Parliament, a procedure that does not necessitate a vote by MPs.

This came as UK Foreign Minister Liz Truss visited Moscow and met with her Russian counterpart, Sergey Lavrov, who later said the talks left him "disappointed".

EU sanctions

According to the EU's top diplomat, foreign ministers will meet on Tuesday to discuss what penalties to implement in response to Russia's decision to recognize the sovereignty of the two republics, Donetsk and Lugansk, in southeast Ukraine.

EU foreign policy chief Josep Borrell said the meeting in Paris “will take the political decisions vis-à-vis the European response.”

Read more: How do Western sanctions on Russia impact EU economy?

  • UK
  • Ukraine
  • Russia
  • Sanctions on Russia
  • US

Most Read

Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Britain Trained Israeli Soldiers Involved in Gaza War: Declassified
Europe

UK training of Israeli officers sparks outcry over Gaza war complicity

Luxembourg's Prime Minister Luc Frieden arrives for an EU summit at the European Council building in Brussels, Thursday, June 26, 2025. (AP Photo/Omar Havana)
Politics

Luxembourg to recognize Palestine at UN summit next week

European Union flags flap in the wind outside EU headquarters in Brussels, Wednesday, Sept. 3, 2025 (AP)
Politics

EU exec. branch to adopt new sanctions against 'Israel' on Wednesday

Charlie Kirk killing suspect faces charges in Utah court hearing
US & Canada

Charlie Kirk murder suspect faces formal charges in Utah court hearing

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