FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Commissioners To Vote On Latest Russia Sanctions, Including Oil Embargo

EU

European Commissioners are due to vote on the sixth round of sanctions against Russia later this afternoon, with the likelihood that a form of oil embargo is included but with carve outs or long lead times for EU member states particularly reliant on Russian crude.

  • College of Commissioners meeting takes place in Brussels at 1430CET (0830ET, 1330BST). No confirmation of whether Commission Pres. Ursula von der Leyen will announce sanctions in presser after meeting or in her address Wednesday morning to European Parliament plenary session.
  • Euractiv reporting that Hungary and Slovakia will be offered “an exemption or a long transition period” on the oil embargo so not to impose a severe shock on both economies, which remain heavily reliant on Russian oil. Earlier this morning Hungarian Foreign Minister Peter Szijjarto stated that Hungary would not approve any oil embargo that made Russian O&G shipments to Hungary "impossible".
EM BulletHomepagemarkets-real-timePolitical Market NewsPolitical RiskEmerging Market NewsPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
EM BulletHomepagemarkets-real-timePolitical Market NewsPolitical RiskEmerging Market NewsPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.