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Europe News Eastern Europe

  • WASHINGTON, April 24- U.S. senators are pressing many of the world's largest financial institutions to disclose any links between their companies and wealthy Russians allied with Russian President Vladimir Putin, according to a letter released on Tuesday. Treasury's so-called "oligarchs list," but also on financial institutions to closely consider those...

  • *Hungary central bank holds fire, reaffirms loose policy. BUDAPEST, April 24- Central European currencies traded around four-week lows against the euro on Tuesday as U.S. Treasury yields hit multi-year highs, while Hungary's central bank reaffirmed its loose policy.

  • BERLIN— A Vietnamese man charged with involvement in the kidnapping of a former Vietnamese oil executive in Berlin went on trial Tuesday in the German capital. The case has strained diplomatic ties between Berlin and Hanoi. Vietnam claims that Thanh, who was seeking asylum in Germany, returned voluntarily.

  • BUCHAREST, Romania— Romania's most powerful politician is preparing to defend himself against corruption charges, days after the U.S. State Department said graft remains widespread at every level of the country's government. In recent months, Romania's left-wing government has embarked on a contentious judicial overhaul, prompting protests and...

  • *Hungary central bank seen holding fire, reaffirming loose policy. BUDAPEST, April 24- The forint touched a four-week low against the euro, under-performing Central European peers, as the Hungarian central bank was expected to reaffirm its loose policy on Tuesday. The bank, led by a key ally of Prime Minister Viktor Orban, holds its first meeting since the ruling...

  • LONDON, April 24- Retreating U.S. Russia's rouble, Turkey's lira and South Africa's rand all snapped three-day losing streaks to strengthen 0.5 percent. "They are coming back from weak levels," said Guillaume Tresca, an emerging markets strategist at Credit Agricole, adding that the spike in U.S. yields had kept emerging markets on the back foot in recent days.

  • LONDON, April 24- Less than two weeks after the latest round of U.S. sanctions plunged Russia's rouble to 16- month lows, some global funds have already stepped back in to buy rouble-denominated sovereign bonds and take advantage of the weaker currency. Early this month, Washington imposed new sanctions on 24 Russians, striking at allies of President Vladimir...

  • *Russia's Deripaska took steps to prepare for sanctions- sources. MOSCOW/ LONDON, April 23- In December, as news reports emerged about potential new U.S. sanctions against Russia, aluminium magnate Oleg Deripaska instructed advisers to draw up contingency plans, according to people close to the businessman and his firms. It was this scenario that Washington...

  • NEW DELHI, April 24- U.S. sanctions on Russian military exports have put the brakes on a $6 billion deal with India and may derail the arms purchases of other U.S. allies around Asia, experts say. Indonesia and Vietnam also buy weapons from Russia while being regional partners of the United States. Jakarta closed a $1.14 billion pact for Sukhoi fighters recently,...

  • TORONTO, April 23- Foreign ministers from Group of Seven leading industrialized nations on Monday united to condemn Russia for what they called "a pattern of irresponsible and destabilizing" behavior and urged Moscow to help resolve the conflict in Syria. "We call on Russia to cease this behavior, which is highly detrimental to prospects for constructive...

  • *Europe pressing Trump over Russia sanctions. WASHINGTON/ MOSCOW, April 23- The United States on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, and said it would consider lifting them if United Company Rusal Plc's major shareholder, Russian tycoon Oleg Deripaska, ceded control of the company.

  • *Russia's Deripaska took steps to prepare for sanctions- sources. MOSCOW/ LONDON, April 23- In December, as news reports emerged about potential new U.S. sanctions against Russia, aluminium magnate Oleg Deripaska instructed advisers to draw up contingency plans, according to people close to the businessman and his firms. It was this scenario that Washington...

  • TORONTO, April 23- Foreign ministers from the Group of Seven leading industrialized nations on Monday united to condemn Russia for behavior that they said undermined international laws, and called on Moscow to help resolve the conflict in Syria. U.S. intelligence agencies have said Russia meddled in the 2016 U.S. presidential election campaign, and Russia is...

  • NEW YORK/ LONDON, April 23- Palladium sank more than 5 percent on Monday amid U.S. hints it might relieve. sanctions on Russia's Rusal, while gold hit a two-week. The United States said it could give sanctions relief to Russian aluminum giant Rusal if Russian tycoon Oleg Deripaska cedes control of the company, easing fears that Washington might extend sanctions to...

  • *Europe pressing Trump over Russia sanctions. WASHINGTON/ MOSCOW, April 23- The United States on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, and said it would consider lifting them if United Company Rusal Plc's major shareholder, Russian tycoon Oleg Deripaska, ceded control of the company.

  • U.S. intelligence agencies have said Russia meddled in the 2016 U.S. presidential election campaign, and Russia is also blamed for a nerve agent attack on a former spy in Britain last month. The challenge for the G7 is that it also needs Moscow's help to solve the crisis in Syria, where Russia and Iran are backing Syrian President Bashar al-Assad.

  • *Europe pressing Trump over Russia sanctions. WASHINGTON/ MOSCOW, April 23- The U.S. government on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, sending aluminum prices into a tailspin but lifting shares of the company, United Company Rusal Plc.. Aluminum prices rallied last week to their highest in...

  • *Europe pressing Trump over Russia sanctions. WASHINGTON/ MOSCOW, April 23- The U.S. government on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, sending aluminum prices into a tailspin but lifting shares of the company, United Company Rusal Plc.. Aluminum prices rallied last week to their highest in...

  • *Europe pressing Trump over Russia sanctions. WASHINGTON/ MOSCOW, April 23- The U.S. government on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, sending aluminum prices into a tailspin but lifting shares of the company, United Company Rusal Plc.. Rusal and its major shareholder, Russian tycoon Oleg...

  • Tensions with the West have increased steadily over recent years as Russia becomes involved in conflicts in Syria and Ukraine. German Foreign Minister Heiko Maas earlier told reporters that the G7 would formally call on Moscow to contribute to solving the crisis in Syria, where Russia and Iran are backing Syrian President Bashar al-Assad.