Chelsea will face record 13-time winners Real Madrid in the Champions League quarterfinals as the London club’s defense of their title continues. The draw for the elite continental club competition’s next fixtures was made on Friday, and elsewhere placed Premier League leaders Manchester City against Atletico Madrid, Villarreal against Bayern Munich, …
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Wealthy Russians have stepped up their efforts to move their funds from Europe to Dubai to evade Western sanctions placed on them over the war in Ukraine, Reuters has reported, citing financial and legal sources in the Gulf state. A globally acclaimed tourist destination, Dubai is also considered the region’s …
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Car giants Hyundai have asked Premier League heavyweights Chelsea to remove their branding from their Stamford Bridge home and team shirt sleeves following the sanctioning of club owner Roman Abramovich. The company, which agreed a five-year deal with the Champions League holders in 2018, has acted following the punishments imposed …
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Premier League football club Chelsea have released a statement in reaction to the UK government’s sanctions on Roman Abramovich, stating they will seek an amendment to their general license amid the Russian’s British assets freeze. Abramovich was sanctioned on Thursday morning when featured in a 42-page document released by the UK …
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Russia’s Minister of Sport Oleg Matytsin has reacted to sanctions on Russian football and suggested they could lead to the unearthing of new domestic talent. Following an International Olympic Committee (IOC) recommendation, UEFA and FIFA banned all Russian teams and clubs from international competition due to Russia’s military operation in …
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The UK government imposed sanctions on 386 members of Russia’s State Duma on Friday, targeting all lawmakers who voted for recognizing the sovereignty of Ukraine’s breakaway republics, Lugansk and Donetsk. Moscow’s formal recognition of the two republics served as a “pretext” for the subsequent Russian offensive, the Foreign Office said. …
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The US government has sanctioned several Russian entities and individuals for allegedly helping a North Korean operative to procure supplies for Pyongyang. In a statement on Friday, the US Treasury Department announced that its Office of Foreign Assets Control had sanctioned two Russian citizens and three companies “for supporting the …
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Russia could leave Western investors with huge losses if it is not allowed to pay off bond holders due to its foreign currency holdings being frozen abroad. According to the World Bank, the country is edging closer to a default, however, analysts point out that this is a technicality due …
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Japan’s sushi restaurants are seeing a spike in seafood prices because of sanctions the country imposed on Russia, Nikkei Asia reported this week. One of the pricier sushi ingredients, crab, has become 20% more expensive in the last two weeks, the outlet reports, citing a fish merchant in Tokyo, who …
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