Al Mayadeen English

  • Ar
  • Es
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
Palestinian Ministry of Health: 22 Palestinians were injured by Israeli occupation gunfire east of Gaza Strip
Palestinian Ministry of Health: 14 Palestinians were injured by Israeli occupation gunfire near the Israeli-erected fence east of Gaza Strip
Palestinian Ministry of Health: Seven Palestinians were injured by Israeli occupation gunfire east of Gaza Strip
Sources to Al Mayadeen: Israeli occupation prison administration transfers hunger-striking prisoner Kayed al-Fafsous to solitary confinement in Asqalan prison
Head of Crimea: Russian air defenses shot down cruise missiles over Crimea.
Sevastopol Governor: Another attack on city still possible.
Governor of Russia's Sevastopol: Headquarters of Russia's Black Sea fleet in Sevastopol comes under missile strike.
Chinese President: Beijing ready to develop cooperation with Syria and for joint defense of international justice amid instability.
Chinese President Xi Jinping while receiving his Syrian counterpart: China and Syria moving toward announcing strategic partnerships.
Algerian Foreign Minister: Africa's Sahel region has become a focal point for terrorist armies armed with the latest weapons, and in control of a large geographical region.

UK’s Johnson warns of protracted crisis

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

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.

  • 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

Karabakh combatants begin surrendering equipment, arms: Moscow

Borrell says migration may be 'dissolving force' for EU: The Guardian

"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

Ukrainian soldiers ride an APC on the front line near Bakhmut, in the Donetsk region, on June 5, 2023 (AP)

US sees Ukrainian army demoralized, no chance to win: Seymour Hersh

  • Europe
  • 21 Sep 2023
Ukraine lost around 85% of its initial mobilized force: Field general

Ukraine lost around 85% of its initial mobilized force: Field general

  • Europe
  • 16 Sep 2023
'Israel's' railroad network targeted by cyberattack: Israeli media

'Israel's' railroad network targeted by cyberattack: Israeli media

  • Palestine
  • 16 Sep 2023
Old habits, linger … linger well past the time when old rituals (an Israeli PM visit to the Oval Office) had agency and the world hung on the outcome. (Al Mayadeen English; Illustrated by Arwa Makki)

Will a tripartite US-Saudi-Israeli ‘Deal’ make Any difference?

  • Opinion
  • 16 Sep 2023

Coverage

All
Morocco & Libya Disasters

Read Next

All
US Senator and wife indicted for bribery
US & Canada

US Senator Menendez, his wife indicted for bribery

Lula
Latin America

Lula to Zelensky: Military option will not solve Ukraine conflict

IOF transfer prisoner al-Fasfous to solitary confinement in Askalan
Palestine

IOF transfer prisoner al-Fasfous to solitary confinement in Askalan

Borrell says migration could be "dissolving force" for EU
Europe

Borrell says migration may be 'dissolving force' for EU: The Guardian

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

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