Russia watching for new Western sanctions, says they would hit world economy | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 10, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 10, 2025
Russia watching for new Western sanctions, says they would hit world economy

World+Biz

Reuters
21 April, 2023, 04:55 pm
Last modified: 21 April, 2023, 04:58 pm

Related News

  • Russia's latest drone strikes hit Kyiv, maternity ward in Odesa, says Ukraine
  • Russia responds to Trump-Musk feud with jokes, jibes and job offers
  • Russia accepts Taliban's nominated ambassador to Moscow
  • Ukraine to set out roadmap for peace at Istanbul talks, document shows
  • Bridge blasts in Russia kill seven ahead of Ukraine peace talks

Russia watching for new Western sanctions, says they would hit world economy

Reuters
21 April, 2023, 04:55 pm
Last modified: 21 April, 2023, 04:58 pm
Kremlin spokesman Dmitry Peskov waits before a signing ceremony following talks of Russian President Vladimir Putin and Chinese President Xi Jinping at the Kremlin in Moscow, Russia March 21, 2023. REUTERS File Photo
Kremlin spokesman Dmitry Peskov waits before a signing ceremony following talks of Russian President Vladimir Putin and Chinese President Xi Jinping at the Kremlin in Moscow, Russia March 21, 2023. REUTERS File Photo

The Kremlin said on Friday it was monitoring reports of a possible ban on exports to Russia by Western countries, and that new sanctions would damage the global economy.

"We are carefully monitoring this, we are aware that both the U.S. and the EU are actively considering new sanctions," Kremlin spokesman Dmitry Peskov told reporters.

"We believe that both the current sanctions against the Russian Federation and the new additional steps that the US and the EU may be thinking about now will, of course, also hit the global economy. Therefore, this may lead to an increase in the trend towards a worldwide economic crisis."

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Japan's Kyodo news agency reported that the Group of Seven (G7) countries are considering a near-total ban on exports to Russia, citing Japanese government sources.

Bloomberg News said on Thursday the United States and Ukraine's allies were considering "an outright ban on most exports to Russia". That report said officials from G7 nations were discussing the idea before a summit meeting in Japan next month.

Russia has been hit by successive waves of Western sanctions since it invaded Ukraine in February 2022.

"We must not forget that no country in the world has faced such a volume of sanctions as we have. Therefore, we are adapting, developing, making long-term plans, but also taking into account the dangers that lie behind the thoughts of our opponents," Peskov said.

Top News / Global Economy

Russia Sanctions / global economic crisis / Western sanctions / Russia

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Right-wing Knesset members Itamar Ben-Gvir (Left) and Bezalel Smotrich, Jerusalem, September 2022. File Photo: REUTERS/Amir Cohen/Pool
    UK sanctions far-right Israeli ministers over comments on Gaza
  • BNP Secretary General Mirza Fakhrul Islam Alamgir speaks to reporters at the BNP Chairperson’s Gulshan office on 10 June 2025. Photo: Focus Bangla
    Fakhrul urges interim govt to rethink April election timing
  • A passerby walks near a building on fire at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine June 10, 2025. REUTERS/Thomas Peter
    Russia launches one of war's largest air attacks on Kyiv

MOST VIEWED

  • On left, Abdullah Hil Rakib, former senior vice president (SVP) of BGMEA and additional managing director of Team Group; on right, Captain Md Saifuzzaman (Guddu), a Boeing 787 Dreamliner pilot for Biman Bangladesh Airlines. Photos: Collected
    Ex-BGMEA SVP Abdullah Hil Rakib, Biman 787 pilot Saifuzzaman drown in boating accident in Canada
  • A photo showing the former president on his return to Dhaka today (9 June). 
Source: Collected
    Former president Abdul Hamid returns to Bangladesh from Thailand
  • File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar
    Dhaka: The city we never want to return to, but always do
  • Chief Adviser Muhammad Yunus leaves for a four-day visit to the United Kingdom from the Dhaka airport on 9 June 2025. Photo: CA Press Wing
    CA Yunus leaves for UK; discussion expected on renewable energy investment, laundered money
  • Inside the aid ship stormed by Israeli forces on 9 June 2025. Photo: BBC
    Israeli forces stormed aid boat carrying Greta Thunberg bound for Gaza: Freedom Flotilla Coalition
  • Enhanced surveillance at Ctg airport amid rising global Covid-19 cases
    Enhanced surveillance at Ctg airport amid rising global Covid-19 cases

Related News

  • Russia's latest drone strikes hit Kyiv, maternity ward in Odesa, says Ukraine
  • Russia responds to Trump-Musk feud with jokes, jibes and job offers
  • Russia accepts Taliban's nominated ambassador to Moscow
  • Ukraine to set out roadmap for peace at Istanbul talks, document shows
  • Bridge blasts in Russia kill seven ahead of Ukraine peace talks

Features

File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

1d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

6d | Panorama
(From left) Sadia Haque, Sylvana Quader Sinha and Tasfia Tasbin. Sketch: TBS

Meet the women driving Bangladesh’s startup revolution

6d | Panorama

More Videos from TBS

Greta Thunberg deported from Israel

Greta Thunberg deported from Israel

58m | TBS World
BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

1h | TBS Today
Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

2h | TBS World
Prison irregularities will be punished, warns Home Affairs Advisor

Prison irregularities will be punished, warns Home Affairs Advisor

2h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net