Sanctions on Russia 2022: EU Set to Add Luxury Goods, Steel, Iron to Measures - Bloomberg

2022-07-04 02:18:42 By : Mr. Kevin Cui

Bloomberg Markets Asia. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens.

Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries.

Space missions usually take years to prepare. Now the European Space Agency is designing one that can spring into action when an interstellar object appears, allowing a close-up look before it passes us by.

China to Start Interest-Rate Swap Connect With Hong Kong

Argentina Taps Batakis As Economy Minister to Tackle Crisis

Japan’s Second Biggest Mobile Carrier Falls After Massive Outage

Boris Johnson Under Pressure Over Tory MP Who Quit in Sleaze Row

West African Bloc Ease Sanctions on Mali Over Democracy Plan

Safra Scion Looks to Walk Away From Family Banking Empire With $5 Billion

Home Sellers Are Slashing Prices in Sudden Halt to Pandemic Boom

Sainz Wins 1st Career F1 Race With British GP Victory

‘Minions’ Set Box Office on Fire With $108.5 Million Debut

NBA Isn't the Only Sports League China Is Trying to Muzzle

The Beverly Hills of Singapore Shows Signs of Froth

Warren Buffett Has Advice for the Barbarians at Japan’s Gate

The Lottery Lawyer Won Their Trust, Then Lost Their Mega Millions

Gangs Are Fake-Killing People in India for Insurance Payouts

Sports Reporter by Day, Political Revolutionary by Night

UK Told Poorest Are ‘Brutally Exposed’ to Cost of Living Crisis

Harris Links Abortion and Voting Rights, Says Fight Must Go On

Hugo Speer Fired From Disney Reboot After 'Inappropriate Conduct' Claims

Sydney Homes Evacuated as Torrential Rain Causes More Flooding

Record Green Financing in Europe Is Still Nowhere Near Enough

The Secret Sauce That’s Made Slutty Vegan a $100 Million Chain

Cities Seek Alternatives to Gas Tax Holidays

The Disappearing Street Vendor Art of Mexico City

Tether Fails to Calm Jittery Nerves With Short Sellers Circling

Argentines Seek Hedging in Crypto After Economy Minister Resigns

MicroStrategy’s Bitcoin Holdings Take a Record $3.4 Billion Hit

The European Union is set to approve banning the sale to Russia of luxury goods worth more than 300 euros ($329.58), as well as the purchase of many Russian steel and iron products as part of a fourth round of sanctions over the invasion of Ukraine, according to a draft obtained by Bloomberg. 

EU diplomats on Monday teed up the stricter measures, which also include a ban on new investments in Russian energy projects, after several days of closed-door debate. They could be formally adopted as early as Tuesday morning.