Tag Archives: CEEU

Macron hits out at ‘racist’ Le Pen as far-right candidate reaches all-time high in poll

PARIS, April 8 (Reuters) – French President Emmanuel Macron on Friday accused his far-right challenger Marine Le Pen of lying to voters about her “racist” platform as he sought to rally support two days before the first round of the presidential election.

The race appears to be narrowing down to the two finalists of the 2017 election, and while Macron so far has kept clear of any direct debate, the two have increasingly taken aim at each other from afar. And they were not mincing their words on Friday.

“There was a clear strategy (from Le Pen’s camp) to hide what is brutal in her programme,” Macron told Le Parisien in an interview published on Friday.

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“Her fundamentals have not changed: It’s a racist programme that aims to divide society and is very brutal.”

Le Pen told broadcaster Franceinfo that she was “shocked” at the accusation, which she rejected, branding the president “febrile” and “aggressive”.

She said her programme, which includes adding a “national priority” principle to the French constitution, would not discriminate against people on grounds of their origin – as long as they held a French passport.

MOMENTUM

Macron is ahead in opinion polls, which still see him as the most likely winner, but his re-election is no longer a foregone conclusion. Le Pen’s solid comeback in opinion polls has put her victory within the margin of error in some surveys.

A poll on Thursday showed the tighest ever gap in support between the two rivals, with Marine Le Pen seen winning 49% of votes in a likely runoff against the president, her best polling score on record.

Le Pen has centred her bid on purchasing power, softening her image and tapping into the voters’ main concern by promising to cut taxes and hike some social benefits, worrying financial markets as she gains momentum in the polls. read more

Rival far-right candidate Eric Zemmour’s radical, outspoken views have helped her look more mainstream and many left-leaning voters have told pollsters that, unlike in 2017, they would not vote in the second round to keep Le Pen out of power.

“They won’t necessarily vote for Marine Le Pen, but they don’t want to vote for Emmanuel Macron,” said Jean-David Levy, the deputy director of polling institute Harris Interactive.

“Marine Le Pen has never been so capable of winning a presidential election”

According to opinion polls, around a third of voters still haven’t made up their minds, which analysts say often favours candidates with realistic chances to enter the second round as undecided voters tend to go for what French call a “useful vote”, meaning voting strategically.

Other than Macron and Le Pen, this trend is set to favour far-left veteran Jean-Luc Melenchon who – also on an upward trend – ranks third with around 17% of forecast votes.

On Thursday, left-wing figure Christiane Taubira, a former minister who dropped out of the race after she failed in her attempt to rally the left behind her, endorsed Melenchon, saying he was now the left’s best hope.

Macron expressed regret on Friday for having entered the race late, saying he had had no choice because of the war in Ukraine.

On his last day left ahead of the first vote, Macron chose to focus on younger voters campaigning around Paris and an evening interview with a social media news outlet.

“The idea is to mark that the youth are behind the president and that he manages to create a dynamic allowing voters on the right to continue to vote for him (…) without mobilising voters on the left against him,” said Harris Interactive executive Jean-David Levy.

French election TAKE-A-LOOK:

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Reporting by Dominique Vidalon and the Paris newsroo, Writing by Ingrid Melander and Tassilo Hummel, editing by Simon Cameron-Moore, Emelia Sithole-Matarise and Nick Macfie

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Slovakia sends its air defence system to Ukraine

  • Slovakia first to donate air defence system to Ukraine
  • Ukraine has appealed to West to boost its defence capabilities
  • Slovakia to replace donated S-300 system by Patriot from U.S.

PRAGUE, April 8 (Reuters) – Slovakia has donated its S-300 air defence system to Ukraine, Prime Minister Eduard Heger said on Friday, a day after the United States said it and 30 other countries were stepping up military aid to Kyiv.

Ukraine has repeatedly appealed to Western nations for air defence weaponry and heavy ground military equipment to help repel a Russian military onslaught now in its second month.

“I can confirm that Slovakia donated the S-300 air defence system to Ukraine based on its request to help in self defence due to armed aggression from the Russian Federation,” Heger said in an emailed statement.

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NATO member Slovakia has been operating one battery of the Soviet-designed S-300 air defence system which it inherited after the break-up of Czechoslovakia in 1993.

Heger, who was visiting Kyiv on Friday, also said that Slovakia’s own defence was secured.

The Slovak donation is the first known case of a country sending an air defence system to Ukraine since the start of the Russian invasion on Feb. 24.

In March, NATO allies Germany and Netherlands brought three batteries of the Patriot air defence system to Slovakia, which Bratislava said at the time would complement, rather than replace, the S-300, and that it would consider giving up the S-300 if it secured a replacement. read more

Heger said Slovakia would receive additional equipment from NATO allies to make up for the donation. Defence Minister Jaroslav Nad subsequently announced that Slovakia would receive the fourth Patriot system from the United States next week.

Russia has said that it considered western military shipments to Ukraine legitimate targets. Moscow calls its actions in Ukraine a “special military operation” to disarm and “denazify” Ukraine. Ukraine and allies say Russia invaded without provocation.

U.S. Secretary of State Antony Blinken said on Thursday the United States and 30 other countries were sending weapons to Ukraine and that the process would intensify. He spoke of “new systems” that have so far not been provided by NATO allies, but declined to go into details. read more

Ukrainian Foreign Minister Dmytro Kuleba asked for planes, land-based anti-ship missiles, armoured vehicles and air defence systems at a special session at NATO headquarters on Thursday. read more

Slovakia had planned to modernise its S-300 several years ago but the effort had not been completed. The Slovak army website said the S-300 battery had range of 75 km and could strike targets up to 27 km above ground.

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Reporting by Robert Muller; Editing by Jason Neely and Raissa Kasolowsky

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Global stocks rebound but set for weekly loss

LONDON, April 8 (Reuters) – European shares rebounded on Friday but world stocks were still on track for their first weekly loss in four as the prospect of aggressive global rate hikes and geopolitical risks rattled investors.

Global risk appetite declined during the week as minutes from the Federal Reserve and European Central Bank showed policymakers are set to ramp up efforts to rein in inflation.

At 0811 GMT, the MSCI world equity index (.MIWD00000PUS), which tracks shares in 50 countries, was up 0.2% but for the week was down 1.3% and on track for its first weekly loss in four.

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The pan-European STOXX 600 (.STOXX) was 1.3% higher as markets in Europe played catch-up with a modest bounce seen on Wall Street on Thursday.

Eddie Cheng, head of international multi-asset portfolio management at Allspring Global Investments, said European stocks’ move higher on Friday morning was “probably just a little bit of a reprieve” from the week’s downward trend, but that investors were still preoccupied by the Fed raising rates and the war in Ukraine.

“The uncertainty is not reducing, it’s actually increasing,” he said, noting fresh sanctions on Russia. The European Commission proposed new sanctions on Russia on Tuesday, including a ban on buying Russian coal. read more

French presidential election risk was evident in bond markets with French borrowing costs rising, compared to a general fall in yields of core European government bonds.

Investors are concerned about the risks of far-right candidate Marine Le Pen beating incumbent President Emmanuel Macron.

“A Macron victory would be welcomed by the markets as markets would price in diminishing political uncertainty and continued business-friendly administration,” said Lale Akoner, senior market strategist at BNY Mellon Investment Management.

A Le Pen victory, while still unlikely, is now within the margin of error before the first round of voting on Sunday, opinion polls show. read more

The spread between French and German 10-year yields was close to its widest level since April 2020 at 54.5 basis points.

In U.S. bond markets, longer-dated Treasuries have borne the brunt of the this week’s selling as traders see the long-end hit the hardest by the Fed cutting its bond holdings.

The benchmark 10-year yield is up almost 27 bps to 2.6584% this week but was steady in early European trade.

The U.S. dollar has been the primary beneficiary from rising U.S. yields and the dollar index was higher for the seventh consecutive day and on track for its best week in five.

The stronger dollar has heaped pressure back on the euro and the struggling yen. Japan’s currency was near its lowest level in years and battling with 124.00, while the euro fell to its lowest level since March 7 at $1.0848.

Brent crude futures edged higher after earlier falling below $100 per barrel. U.S. crude oil futures were up 0.8% to $96.76 per barrel.

Gold was little changed at $1,931 but was set to eke out a 0.3% gain for the week.

Major cryptocurrencies posted small gains with Bitcoin trading at $43,813, although it was still on track for its second consecutive weekly drop.

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Reporting by Samuel Indyk and Elizabeth Howcroft; Editing by Nick Macfie

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UK says Russian forces have fully withdrawn from northern Ukraine

A man walks atop of a destroyed Russian tank, amid Russia’s invasion of Ukraine, in the Kyiv region, Ukraine, April 7, 2022. REUTERS/Marko Djurica

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April 8 (Reuters) – Russian forces have now fully withdrawn from northern Ukraine to Belarus and Russia, British military intelligence said on Friday.

At least some of these Russian forces will be transferred to East Ukraine to fight in the Donbas, the Ministry of Defence said on Twitter. The forces will require replenishment before being deployed further east, with any mass redeployment from the north likely to take at least a week, the ministry added.

The ministry said Russian shelling of cities in the east and south continues and Russian forces have advanced further south from the city of Izium, which remains under their control.

Reuters could not immediately verify the report.

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Reporting by Juby Babu in Bengaluru; Editing by Jacqueline Wong

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Zelenskiy says situation in second Ukraine town ‘more dreadful’ than Bucha

KYIV, April 7 (Reuters) – Ukrainian President Volodymyr Zelenskiy said on the Thursday that the situation in the town of Borodyanka was “significantly more dreadful” than in nearby Bucha, where Russian forces’ suspected killings of civilians have been broadly condemned.

Local officials have said more than 300 people were killed by Russian forces in Bucha, 35 kilometres northwest of the capital Kyiv, and around 50 of them were executed. read more

Moscow has denied targeting civilians and says images of bodies in Bucha were staged by the Ukrainian government to justify more sanctions against Moscow and derail peace negotiations.

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“The work to clear the rubble in Borodyanka has begun … It’s significantly more dreadful there. Even more victims from the Russian occupiers,” Zelenskiy said in a video posted on the Telegram messaging service.

The town is about 25 km from Bucha.

He did not provide any further detail or evidence that Russia was responsible for civilian deaths in the town.

The killing of civilians in the town of Bucha have been widely condemned by the West as war crimes, building pressure for stricter sanctions against Russia.

“And what will happen when the world learns the whole truth about what the Russian military did in Mariupol?” Zelenskiy asked.

“There, on almost every street, is what the world saw in Bucha and other towns in the Kyiv region after the withdrawal of Russian troops.”

Moscow says one of the aims of its military campaign is to “liberate” largely Russian-speaking places such as the southern port of Mariupol from the threat of genocide by Ukrainian nationalists, who it says have used civilians as human shields.

Zelenskiy has rejected those claims, saying they are a baseless pretext for Russia’s invasion.

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Reporting by Reuters; Writing by Conor Humphries and Ronald Popeski; editing by Grant McCool

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Why the U.S. is targeting Putin’s daughters Katerina and Maria

WASHINGTON, April 7 (Reuters) – The United States’ latest round of sanctions on Russia includes two new targets: Russian President Vladimir Putin’s two adult daughters, Katerina and Maria, who U.S. officials believe are hiding Putin’s wealth.

Putin’s daughter Katerina Vladimirovna Tikhonova is a tech executive whose work supports the Russian government and its defense industry, according to details in the U.S. sanctions package announced on Wednesday.

His other daughter Maria Vladimirovna Vorontsova leads government-funded programs that have received billions of dollars from the Kremlin toward genetics research, and are personally overseen by Putin, the United States said.

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“We have reason to believe that Putin, and many of his cronies, and the oligarchs, hide their wealth, hide their assets, with family members that place their assets and their wealth in the U.S. financial system, and also many other parts of the world,” a senior U.S. administration official told reporters.

“We believe that many of Putin’s assets are hidden with family members, and that’s why we’re targeting them,” the official said, speaking on condition of anonymity.

On Thursday, the Kremlin said it was bewildered by the U.S. decision, and described the move against the daughters as part of a broader Western frenzy against Russia.

Reuters was not able to reach Putin’s daughters or their representatives.

The sanctions announced Wednesday also include the daughter and wife of Russian foreign affairs minister Sergei Lavrov. The U.S. also banned Americans from investing in Russia, and targeted Russian financial institutions and Kremlin officials, in response to what President Joe Biden condemned as Russian “atrocities” in Ukraine. read more

Russia denies intentionally attacking civilians and says images of bodies in Bucha north of Kyiv were staged to justify more sanctions against Moscow.

Moscow says it is engaged in a “special military operation” designed to demilitarize and “denazify” Ukraine. Ukraine and Western governments reject that as a false pretext for Russia’s invasion.

The extent of Putin’s wealth is a sensitive subject in Russia. The Kremlin last year denied that he was the owner of an opulent palace on the Black Sea, as alleged by opposition politician Alexei Navalny in a video that draw a huge audience on YouTube. read more

Kremlin spokesman Dmitry Peskov said in February that sanctions introduced against Putin himself were pointless.

“(Putin) is quite indifferent. The sanctions contain absurd claims about some assets,” Peskov said. “The president has no assets other than those he has declared.”

But U.S. lawmakers believe otherwise.

“Putin and his oligarchs stow their dirty money in rule-of-law nations by purchasing mansions, mega-yachts, artwork, and other high-value assets,” U.S. Senator Sheldon Whitehouse said a few weeks ago, while introducing legislation that offered cash rewards for information that leads to the seizure of assets held by sanctioned Russian oligarchs.

ROCK ‘N ROLL DANCER

Putin’s daughters, who the U.S. believes help him hide his wealth, have never confirmed publicly the Russian leader is their father, and he has refused to answer questions about them.

A Reuters investigation from 2015 detailed the connections and influence Katerina, an acrobatic rock ’n’ roll dancer, holds in the next generation of Moscow’s elite. (For story, see: https://reut.rs/3ubo3kR)

“Katerina, 29, described herself as the spouse of Kirill Shamalov, son of Nikolai Shamalov, a longtime friend of President Putin,” the report said. “Shamalov senior is a shareholder in Bank Rossiya, which U.S. officials have described as the personal bank of the Russian elite.”

As husband and wife, Kirill and Katerina had corporate holdings worth about $2 billion, according to estimates provided to Reuters by financial analysts. This was in addition to other property and assets.

Putin’s elder daughter Maria studied biology at St. Petersburg University and medicine at Moscow State University, according to the Reuters investigation. She is also heavily involved in genetic research work, which Putin has in the past described as a field that will “determine the future of the whole world.”

According to Russian and Western media reports, Maria married Dutch businessman Jorrit Joost Faassen.

She was pursuing a biomedical career specializing in the endocrine system in 2015, as a doctoral candidate at the Endocrinology Research Centre in Moscow, and is the co-author of a book about “idiopathic stunting” in children, the Reuters report said.

Her husband used to work for Gazprombank, a large lender with strong links to the elite around Putin, the report noted. No estimates were immediately available for their assets and holdings.

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Reporting by Nandita Bose in Washington; Editing by Heather Timmons and Jonathan Oatis

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Biden administration holds EV industry meeting with Musk, Barra

WASHINGTON, April 6 (Reuters) – The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla (TSLA.O) Chief Executive Elon Musk and General Motors (GM.N) Chief Executive Mary Barra to discuss electric vehicles and charging.

The administration said in a statement “there was broad consensus that charging stations and vehicles need to be interoperable and provide a seamless user experience, no matter what car you drive or where you charge your EV.”

Musk has often been at odds with the White House, frequently firing off harsh tweets directed at President Joe Biden. In February, Biden publicly acknowledged the role of Tesla in U.S. electric vehicle manufacturing, after Musk repeatedly complained about being ignored.

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Congress last year approved $7.5 billion in government funding for EV charging stations, but legislation has stalled for new tax incentives to purchase and build EVs.

Ford Motor (F.N) Chief Executive Jim Farley, Chrysler-parent Stellantis (STLA.MI) CEO Carlos Tavares, Lucid (LCID.O) CEO Peter Rawlinson and Nissan Americas (7201.T) chair Jeremie Papin were among other auto leaders who took part in Wednesday’s meeting, which discussed U.S. funding to “create a national network of 500,000 chargers.”

Also attending were Transportation Secretary Pete Buttigieg, Energy Secretary Jennifer Granholm, National Climate Advisor Gina McCarthy and Infrastructure Coordinator Mitch Landrieu.

Executives from Hyundai Motor America (005380.KS), Subaru of America (9778.T), Mazda North America, Toyota Motor North America Mercedes-Benz USA (MBGn.DE) and Kia Motors America (000270.KS) also took part.

Last week, automakers backed the Environmental Protection Agency’s (EPA) new tougher vehicle emissions regulations in a court challenge brought by some states and ethanol groups.

The Alliance for Automotive Innovation, representing nearly all major automakers, said the EPA rule “will challenge the industry” but it wants to ensure “critical regulatory provisions supporting electric vehicle technology are maintained.”

Corn growers, a Valero Energy (VLO.N) subsidiary and other ethanol producers said the new EPA rules revising emission requirements through 2026 “effectively mandate the production and sale of electric cars rather than cars powered by internal combustion engines.”

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Reporting by David Shepardson; Editing by Jacqueline Wong and Bradley Perrett

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EXCLUSIVE China state refiners shun new Russian oil trades, teapots fly under radar -sources

  • Sinopec, CNOOC, PetroChina, Sinochem refrain from new purchases
  • Worries about sanctions keep state firms at bay
  • Some independent refiners continue ESPO crude imports

SINGAPORE, April 6 (Reuters) – China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep discounts, heeding Beijing’s call for caution as western sanctions mount against Russia over its invasion of Ukraine, six people told Reuters.

State-run Sinopec (600028.SS), Asia’s largest refiner, CNOOC, PetroChina (601857.SS) and Sinochem have stayed on the sidelines in trading fresh Russian cargoes for May loadings, said the people, who all have knowledge of the matter but spoke on condition of anonymity given the sensitivity of the subject.

Chinese state-owned firms do not wish to be seen as openly supporting Moscow by buying extra volumes of oil, said two of the people, after Washington banned Russian oil last month and the European Union slapped sanctions on top Russian exporter Rosneft (ROSN.MM) and Gazprom Neft (SIBN.MM). read more

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“SOEs are cautious as their actions could be seen as representing the Chinese government and none of them wants to be singled out as a buyer of Russian oil,” said one of the people.

Sinopec and Petrochina declined comment. CNOOC and Sinochem did not immediately respond to a request for comment.

China and Russia have developed increasingly close ties in recent years, and as recently as February announced a “no limits” partnership, and China has refused to condemn Russia’s action in Ukraine or call it an invasion. read more

China has repeatedly criticised western sanctions against Russia, although a senior diplomat said on Saturday that Beijing is not deliberately circumventing sanctions on Russia.

China, the world’s largest oil importer, is the top buyer of Russian crude at 1.6 million barrels per day, half of which is supplied via pipelines under government-to-government contracts.

Sources expect China’s state firms to honour its long-term and existing contracts for Russian oil but steer clear of new spot deals.

A drop in China’s imports of Russian oil could prompt its giant state refiners to turn to alternative sources, adding to global supply concerns that had driven benchmark Brent oil prices to 14-year highs near $140 per barrel in early March after Russia invaded Ukraine on Feb. 24. read more

Brent futures have since eased, to below $110, after the United States and allies announced plans to release stocks from strategic reserves. read more

‘RISK CONTROL AND COMPLIANCE FIRST’

Before the Ukraine crisis, Russia supplied 15% of China’s oil imports – half of that via the East Siberian and Atasu-Alashankou pipelines and the rest by tankers from its Black Sea, Baltic Sea and Far East ports.

Unipec, the trading arm of Sinopec and a leading Russian oil buyer, has warned its global teams at regular internal meetings in recent weeks against the risks of dealing with Russian oil.

“The message and tone are clear – risk control and compliance comes before profits,” said one of the sources who was briefed on the meetings.

“Although Russian oil is hugely discounted, there are many issues like securing shipping insurance and payment snags.”

Another of the sources, with a refinery that regularly processes Russian crude, said his plant was told by Unipec to find replacement to maintain normal operations.

“Beyond shipments that have arrived in March and due to arrive in April, there will be no more Russian oil going forward,” said this source.

Unipec loaded 500,000 tonnes of Urals from Russia’s Baltic ports in March, the highest volume in months, supplied by Surgutneftegaz on spot and under a Rosneft export tender that Unipec won for loadings between September 2021 and March 2022, according to traders and shipping data.

Its latest Urals deals will be two April-loading shipments totalling 200,000 tonnes from Russian producer Surgutneftegaz (SNGS.MM), said two traders with knowledge of the deals.

In contrast, India has so far booked at least 14 million barrels, or about 2 million tonnes, of Russian oil since Feb. 24, versus nearly 16 million barrels in all of 2021, according to Reuters calculations. read more

Other state buyers – PetroChina, CNOOC and Sinochem – have shunned Russia’s ESPO blend for May loading, sources said.

Sinopec is facing payment problems even for deals agreed earlier as risk-averse state banks look to scale down financing Russian oil-related deals, the second source said.

TEAPOTS KEEP DEALS ‘UNDER WRAPS’

Sanction worries have driven some independent refiners known as teapots, once a dynamic group of customers consuming about a third of China’s Russian oil imports, to fly under the radar.

“ESPO trading was really slow and secretive. Some deals are being done, but details are kept under wraps. No one wants to be seen buying Russian oil in public,” a regular ESPO dealer said.

To keep oil flowing, these nimble refiners are deploying alternative payment mechanisms such as cash transfer, paying after cargo is delivered and using Chinese currency.

Russian suppliers – Rosneft, Surgutneftegaz and Gazprom Neft, and independent producers represented by Swiss trader Paramount Energy – are expected to ship a record 3.3 million tonnes of ESPO from Kozmino port in May. read more

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Reporting by Reuters, Chen Aizhu and Florence Tan in Singapore; Editing by Himani Sarkar

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U.S. sanctions Putin’s daughters and more Russian banks

WASHINGTON, April 6 (Reuters) – The United States targeted Russian banks and elites with a new round of sanctions on Wednesday, including banning Americans from investing in Russia, in response to what President Joe Biden condemned as “major war crimes” by Russian forces in Ukraine.

The new sanctions hit Russia’s Sberbank (SBER.MM), which holds one-third of Russia’s total banking assets, and Alfabank, the country’s fourth largest financial institution, U.S. officials said. But energy transactions were exempted from the latest measures, they said.

The United States is also sanctioning Russian President Vladimir Putin’s two adult daughters, Russian Foreign Minister Sergei Lavrov’s wife and daughter, and senior members of Russia’s security council, the officials said.

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“There’s nothing less happening than major war crimes,” Biden said in a speech to labor leaders, referring to the Ukrainian town of Bucha retaken from Russian forces where civilians were found shot at close range.

“Responsible nations have to come together to hold these perpetrators accountable,” he said. “And together with our allies and our partners, we’re going to keep raising economic costs and ratchet up the pain for Putin.”

Russia, which says it launched a “special military operation” in Ukraine on Feb. 24, denies targeting civilians and said images of the deaths were a “monstrous forgery” staged by the West.

Wednesday’s “full blocking sanctions” will freeze the two major banks’ assets “touching the U.S financial system,” the White House said in a statement.

Britain also froze Sberbank’s assets, and said it would ban imports of Russian coal by the end of this year in the latest installment of sanctions coordinated with the United States and other Western allies to “starve Putin’s war machine.”

Sberbank and Alfabank said the new sanctions would not have a significant impact on their operations. read more

The White House also said Biden was signing an executive order to prohibit “new investment in Russia by U.S. persons wherever located, which will further isolate Russia from the global economy.” This will include a ban on venture capital and mergers, officials said.

‘SOVIET-STYLE LIVING STANDARDS’

By cutting off Russia’s largest banks, the United States is “dramatically escalating” the financial shock on Russia, a senior administration official told reporters.

“The reality is the country is descending into economic and financial and technological isolation,” the official said. “And at this rate, it will go back to Soviet-style living standards from the 1980s.”

White House Economic Council Director Brian Deese said that, according to estimates, the Russian economy will contract by 10% to 15% in 2022 and that inflation in Russia is running at 200%.

Daniel Fried, a former State Department coordinator for sanctions policy in the Obama administration, said the latest package “basically makes Sberbank untouchable.” But he added: “What is missing is what are we going to do on oil and gas,” Russia’s most lucrative exports.

In the latest in a series of law enforcement actions against Russia, the U.S. Justice Department on Wednesday charged Russian oligarch Konstantin Malofeyev with violating sanctions imposed on Moscow after its invasion of Ukraine, saying he provided financing for Russians promoting separatism in Crimea.

Attorney General Merrick Garland said authorities had also disrupted a type of global malicious computer network known as a “botnet” controlled by a Russian military intelligence agency.

read more

In addition, Garland announced the department is cooperating with prosecutors in Europe to start collecting evidence of possible war crimes committed by Russia in Ukraine.

Seeking to further ratchet up pressure on Putin, the United States is also imposing full blocking sanctions on what the White House called “critical major Russian state-owned enterprises,” which it said would damage the Kremlin’s ability to fund its war effort.

Those entities included United Aircraft and United Shipbuilding, Deese said.

Among those sanctioned on Wednesday were Dmitry Medvedev, a former Russian president and former prime minister and one of Putin’s closest allies. Others included Russian Prime Minister Mikhail Mishustin and Justice Minister Konstantin Chuychenko.

Medvedev said earlier on Wednesday, in a post on the Telegram social media network, that Moscow will fight attempts to seize Russian property abroad in courts around the world.

The U.S. government took action amid mounting accusations of war crimes by Russia in Ukraine.

Grim images emerging from Bucha include a mass grave and bodies of people shot at close range, prompting calls for tougher action against Moscow and an international investigation. read more

U.S. Secretary of State Antony Blinken on Tuesday said the killings were part of a deliberate Russian campaign to commit atrocities.

Neither Blinken nor Russia provided evidence to support the assertions.

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Reporting by Matt Spetalnick, Alex Alper, Nandita Bose; additional reporting by Sarah N. Lynch, Doina Chiacu and David Shepardson; editing by Heather Timmons, Howard Goller, Mark Porter and Jonathan Oatis

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Man dies crashing car into Russian embassy in Romanian capital

BUCHAREST, April 6 (Reuters) – A driver died ramming his car into the gate of the Russian embassy in Bucharest early on Wednesday, police in the Romanian capital said in a statement.

A video recorded before firefighters arrived showed the front of the car in flames as it remained wedged in the gate.

It was unclear whether the crash was an accident or deliberate.

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During recent weeks, several Russian embassies elsewhere in Europe have been targeted by protesters angered by the invasion of Ukraine.

Police said they were investigating and did not release the identity of the driver.

Romania said on Tuesday it would expel 10 Russian diplomats who are not acting in accordance with international rules, joining other European countries to have done so in recent days.

Nearly 624,860 Ukrainians have fled to Romania since Russia invaded their country on Feb. 24, and around 80,000 are still in Romania.

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Reporting by Luiza Ilie; Editing by Simon Cameron-Moore

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