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Russian steel group warns against EU sanctions, job losses

The European arm of Russian steel giant NLMK has warned the EU against imposing economic sanctions on Russia for its role in the Ukraine crisis, officials said on Wednesday. The European Commission confirmed it had received a letter, which was also sent to Belgium, Denmark, France and Italy where NLMK has operations, spelling out that such sanctions would inevitably lead to heavy job losses.

Britain urges 'further sanctions' on Russia over Ukraine

Britain called Monday for "further" European Union sanctions against Russia in response to its "dangerous" escalation of the crisis in eastern Ukraine. "I will be arguing today that further sanctions have to be the response to Russia's behaviour," British Foreign Secretary William Hague said as he arrived for a meeting of EU foreign ministers. "There do have to be consequences," Hague said, adding that the events of the last 48 hours are "clearly a further escalation of the crisis ... and clearly a very dangerous one."

No special help for Canadian firms caught in Russia sanctions crossfire: Moore

OTTAWA - Industry Minister James Moore says he can offer sympathy but little help to Canadian firms affected by sanctions against Russia, adding they should have seen the situation coming. The minister made the comments during a teleconference Thursday following his trade mission to the Netherlands as Prime Minister Stephen Harper and German Chancellor Angela Merkel were turning up the heat on Russia over its annexation of Crimea.

Europe adds 12 names to Russia sanctions, plans broader move

By Luke Baker and Adrian Croft BRUSSELS (Reuters) - European leaders added 12 people to a list of those subject to travel bans and asset freezes for their part in Russia's seizure of Crimea on Thursday and begin preparations for economic sanctions if Russia expands its footprint in Ukraine.

West readies sanctions riposte after Crimea vote

The European Union was getting set to unfurl a wave of sanctions against Russia on Sunday after a referendum on the fate of Crimea went ahead despite bitter Western opposition. The West's riposte will come early Monday when EU foreign ministers converge in Brussels with visa bans and asset freezes for some of Russia's leading figures likely in the cards. Similar sanctions by the United States will follow after talks between US Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov failed to bridge differences on Friday.

EU working from list of 120-130 names for Russia sanctions

By Jan Strupczewski and Alexandra Hudson BRUSSELS/BERLIN (Reuters) - The European Union has drawn up a list of 120-130 Russians who could be hit with travel bans and asset freezes for their actions over Crimea, European diplomats said on Friday, but the final register of names will only be decided on Sunday.

EU working from list of 120-130 names for Russia sanctions

By Jan Strupczewski and Alexandra Hudson BRUSSELS/BERLIN (Reuters) - The European Union has drawn up a list of 120-130 Russians who could be hit with travel bans and asset freezes for their actions over Crimea, European diplomats said on Friday, but the final register of names will only be decided on Sunday.

EU halts Russia visa talks, threatens wide economic sanctions

Europe's leaders on Thursday suspended visa and economic talks with Russia due to events in Ukraine and threatened targeted sanctions against people as well as a broad range of economic measures. Winding up six hours of talks, the European Union's 28 leaders agreed a three-tiered series of sanctions starting with an immediate suspension of talks but "a broad range" of economic sanctions should Russia embark on further steps "to destabilise" the situation. ccr/dh

Russia says it would retaliate for U.S. sanctions over Ukraine

MOSCOW (Reuters) - Russia said on Tuesday that it would retaliate if the United States imposed sanctions over Moscow's actions in Ukraine. "We will have to respond," Foreign Ministry spokesman Alexander Lukashevich said in a statement. "As always in such situations, provoked by rash and irresponsible actions by Washington, we stress: this is not our choice." "We have frequently explained to the Americans ... why unilateral sanctions do not fit the standards of civilized relations between states," Lukashevich said.

Japanese firms linked to Russia wary about Ukraine crisis

Japanese companies with business ties with Russia are concerned about the crisis in Ukraine at a time when Japan has become more dependent on Russia mainly in imports of natural resources such as crude oil and liquefied natural gas. Some energy-related firms and automakers in Japan have expressed concern as Russia could face economic sanctions because of its intervention in Ukraine.
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