EU imposes sanctions on 22 top Myanmar officials and a state-owned oil and gas company that helped fund the military that overthrew the country’s government
More than 1,500 civilians have been tortured to death or killed in the violence, many of them in attacks in rural areas by security forces, including airstrikes.
The bloc imposed asset freezes and travel bans on 22 people on Monday and slapped restrictive measures on four entities, including state-owned and private companies. Last month, Total and Chevron said they were exiting Myanmar amid rampant human rights abuses committed by the military.Continuing escalation of violence
About 50 percent of Myanmar’s foreign currency comes from natural gas revenues, with MOGE expected to earn $1.5 billion from offshore and pipeline projects in 2021-2022, according to a Myanmar government forecast.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU Parliament's top group suggests blacklisting Switzerland after Credit Suisse leaksThe main political grouping in the European Parliament called on Monday for a review of Switzerland's banking practices and for the country's possible inclusion in the EU's dirty-money blacklist after leaks of Credit Suisse documents.
Read more »
EU countries to ask top diplomat to increase climate actionEuropean Union foreign ministers will call on the bloc's top diplomat to scale up efforts on climate change this year to help clinch tougher emissions-cutting goals from individual countries, a draft document due to be adopted on Monday said.
Read more »
Russia could lose financial markets access, advanced goods if it invades Ukraine -EU chiefEuropean Commission President Ursula von der Leyen disclosed some details of the sanctions Moscow would face if it invaded Ukraine, saying Russia would be cut off from international financial markets and denied access to major export goods.
Read more »
EU draft law would require firms to check suppliers for human rights, environmental ethicsThe European Commission will unveil on Wednesday a proposal to make large companies operating in the European Union check that their suppliers from around the world do not use slave or child labour and that they respect environmental standards, a draft of the law showed.
Read more »
Baltics call for swift EU sanctions on Russia after it recognizes Ukrainian breakaway republicsThe European Union must impose sanctions on Russia immediately after it recognised two Ukrainian breakaway regions as independent, the governments of the Baltic states of Estonia, Latvia and Lithuania said after Russia's announcement.
Read more »
Biden set to order sanctions on separatist regions of Ukraine after Putin decree, EU vows additional measuresThe White House said it was ready to respond immediately to Russian President Vladimir Putin's decision to recognize the independence of two Ukrainian regions.
Read more »