Articles of sanctions

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Inflation in the eurozone exceeds ten percent and reaches a new record

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Euro zone inflation again exceeded expectations this month and hit a new record high, pointing to further interest rate hikes by the European Central Bank. Consumer price growth in the 19 countries that share the European currency accelerated to 10.7% in October from 9.9% the previous month, Eurostat data showed on Monday. This increase would be driven by an astronomical 41.9% growth in energy costs, compared to last year, according to the EU statistical office.

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European Commission announces more sanctions against Russia, including an oil price cap

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The European Commission proposed on Wednesday the eighth package of sanctions against Russia, which includes a cap on Russian oil, new import bans on Russian products and a ban on EU citizens from holding positions as senior executives in companies. public of the Eurasian country. The new import bans on Russian goods, according to European Commission President Ursula von der Leyen, will deprive Moscow of an additional €7 billion ($6.7 billion) in revenue.

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Thousands of people in Europe protest energy crisis due to sanctions against Russia

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Thousands of people in various cities of the old continent took to the streets to reject the energy crisis caused by the sanctions against Russia. And it is that Europeans seem unwilling to pay for the geopolitical decisions of their leaders. More than 32,000 Austrian citizens marched against rising prices for fuel, electricity and food. Meanwhile, the French and Italians also spoke out against the negative effect of the restrictions.

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Another Helms-Burton lawsuit fails

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Miami federal judge James Lawrence King has dismissed a lawsuit filed by a Florida citizen, under Title III of the illegal Helms-Burton Act, against Carnival Corporation, the world’s largest cruise operator which includes Cuba among its destinations. The dismissed case, one of the first filed based on the infamous Helms-Burton Act, was initiated by Javier Garcia Bengochea last year in the South Florida U.S. District Court and sought compensation on the grounds that the plaintiff had commercial property rights