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Israeli media: Intense US efforts are being made to resolve differences, such as the issue of the Israeli presence on Mount Hermon and in southern Syria
Israeli media: The security agreement means amending the disengagement agreement, which will also address the Druze issue
Israeli media: Attempts to reach a security agreement between 'Israel' and Syria were among the topics discussed at the Paris meeting
Israeli media: Sheikh Muwaffaq Tarif rejected a US proposal to join the recent tripartite meeting between Tom Barrack, al-Shaibani, and Dermer
Saba News Agency: Two martyred, five injured in a preliminary toll of the Israeli aggression on the Yemeni Oil Company station on Al-Sitteen Street in Sanaa
Senior Yemeni military source to Al Mayadeen: We observed a state of confusion among the enemy's aircraft squadron after Yemeni air defenses intercepted the attack
Senior Yemeni military source to Al Mayadeen: The Yemeni air defense forces succeeded in neutralizing a squadron of enemy aircraft and prevented airstrikes on some governorates
Senior Yemeni military source to Al Mayadeen: Our air defenses and missile forces forced a formation of enemy aircraft to flee the airspace
Member of the Ansar Allah Political Bureau, Mohammed al-Bukhaiti: The Israeli aggression on Yemen will not deter us from continuing to support Gaza, no matter the sacrifices
Al Mayadeen's correspondent: The Israeli aggression targeted the Yemeni Oil Company station on Al-Sitteen Street, southwest of the capital, Sanaa, with several raids

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.

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  • 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."

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"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?

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  • Ukraine
  • Russia
  • Sanctions on Russia
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