Latest news and stories about sanctions in europe in Portugal for expats and residents.
European Union ambassadors agreed to extend the current price cap on Russian oil until July 23. The measure prevents a potential price surge for crude oil while the bloc continues negotiations on its 21st package of sanctions against Moscow.
An analysis of Portugal's shifting economic relations with Iran, tracing the period of market opening to the subsequent re-imposition of international sanctions.
The Trump administration has temporarily lifted sanctions on Russian oil for one month, a move analyzed by experts regarding its limited impact on global market shortages and the potential European reaction.
Kaja Kallas wants the European Public Prosecutor’s Office to be given a mandate to squeeze Russia's war machine.
Marco Rubio laments the “tensions in the occupied West Bank” between Israeli settlers and the Palestinian population. He rules out any sanctions similar to those of the 12 Western countries.
Twelve nations have declared the implementation of sanctions targeting Israeli settlements.
Foreign Ministers confirmed this Tuesday their intention to introduce national restrictions and support European measures to limit trade in goods from Israeli settlements in the West Bank. The British government accuses settlers of “ethnic cleansing” in the illegally occupied West Bank.
Meeting informally in Ireland, EU foreign ministers reached a “consensual understanding” on sanctions against Russian individuals and companies.
Paulo Rangel recalled that the EU already has “many individuals and companies sanctioned,” but indicated that in this specific case, “it would be a package of a truly very, very large dimension.”
The Portuguese Minister of Foreign Affairs stated this Wednesday that there is a “fairly consensual understanding” for the European Union (EU) to adopt a “very demanding sanctions package” against Russia, indicating that it could be approved in October. “There was a fairly consensual understanding to move forward with a very demanding sanctions package, essentially targeting individuals – ...
The EU's top diplomat indicated this Monday that a European naval operation in the Mediterranean intercepted another ship on Sunday suspected of belonging to the so-called Russian shadow fleet. Kaja Kallas wrote in a social media post that illegal sales of Russian oil through the shadow fleet represent a 'crucial source of funding...'
Kallas made this statement after participating remotely in the meeting of the Coalition of Volunteers for Ukraine, a group of about 30 countries, including Portugal.
The head of European diplomacy, Kaja Kallas, announced this Monday in the German newspaper Die Welt that she intends to increase the number of Russian entities sanctioned due to the war in Ukraine by one third. “For this autumn, I am proposing the most ambitious sanctions list since the beginning of the war. Once adopted, these measures will immediately increase the total number of sanctioned Russian entities by a third,” the diplomat stated in today's edition of the newspaper. Kallas assured that since the start of the Russian invasion in February 2022, “EU sanctions have already cost Russia dearly, depriving its war machine of more than 1 trillion euros.” The European Union has already adopted 21 packages of sanctions against Russia since the beginning of the war, currently targeting nearly 3,000 individuals and entities, according to the European Commission. The Public Prosecutor's Office has 26 investigations into violations of sanctions against Russia, with 25 million euros currently frozen.
The head of European diplomacy, Kaja Kallas, announced today in the German newspaper Die Welt that she intends to increase the number of Russian entities sanctioned due to the war in Ukraine by a third.
When looking at the map, the war in Ukraine seems far away, but Vladimir Putin's recent threats regarding the seizure of Russian 'ghost fleet' vessels bring the conflict closer to home. This network of aging, opaquely owned ships is used to bypass sanctions and fund Russia's war economy. Putin has threatened to retaliate by seizing European commercial vessels globally, posing significant environmental, infrastructure, and maritime security risks to Portugal. Given its strategic location and vast maritime territory, Portugal must increase surveillance and cooperation with allies to address these threats, as the confrontation resulting from the war in Ukraine now extends to the Atlantic and the Mediterranean.
Israel's Minister of National Security, Itamar Ben Gvir, has publicly called for targeted killings in Gaza, suggesting the death of 30 to 40 people nightly. These remarks, made on a podcast, come as the Israeli government has scaled back attacks to facilitate US-backed peace efforts. Ben Gvir, a far-right figure in Benjamin Netanyahu's cabinet, also reiterated his support for expanding Jewish settlements in Gaza and the mass emigration of Palestinians. While he lacks authority over military operations, his comments are being cited at the International Court of Justice as potential evidence of genocidal intent, a charge Israel denies. Meanwhile, Portugal has expressed support for an Italian proposal to impose EU sanctions on Ben Gvir.
An overview of the European Union's sanctions policy regarding Portugal.
The agreement strengthens restrictions on the Russian energy, financial, and maritime sectors. Learn more via the link in the comments.
The EU approved the new package of sanctions after yielding to Portugal regarding cod imports and to Greece regarding LNG transport. The agreement strengthens restrictions on the Russian energy, financial, and maritime sectors.
European Union countries reached an agreement this Thursday in Brussels to impose new sanctions on Russia. This 21st package of sanctions will extend a price cap mechanism for oil exported by Russia.
The package includes a record number of new individual listings, measures to restrict visa issuance for former Russian combatants, and new trade restrictions aimed at further limiting the Russian military industry.
Technical work is expected to be “concluded now and the written procedure for adoption to be initiated this afternoon”.
Envoys will reconvene next week in a bid to prevent the price cap on Russian crude from ratcheting higher at the end of July.
The 27 member states are in a race against time to finalise the 21st package of sanctions against Russia by Wednesday. Several measures have already been dropped, including the ban on fish imports. The deadlock over pressuring Israel continues: Rangel says the Commission's proposals are already late
Weekend negotiations did not produce the necessary consensus, but “there is a very open spirit” to resolve the remaining disputes, the minister assured.
When asked if Portugal agrees with the ban on the entry of former Russian combatants into European territory, Rangel replied: “As far as Portugal is concerned, the sanctions package would have been approved today.”
The European Union is expected to approve new sanctions today on 250 Russian individuals and entities, indicated the bloc's foreign policy chief, Kaja Kallas, but a consensus has not yet been reached on the 21st package of restrictive measures against Moscow.
“We hope to reach an agreement on a list [of sanctions] for 250 individuals and entities,” stated Kaja Kallas.
Operations to stop the oil tankers helping Moscow evade sanctions are increasing in intensity. Russia is militarising its ships, risking an escalation in tension.
In the event that Washington violates points of the memorandum of understanding or develops an “excessive ambition”. Also, Canada thrashes Qatar 6-0 in a Group B match, and highlights for Mexico vs. South Korea.
