European Commissioner for Energy Kadri Simson has announced that the European Commission is preparing to impose a new package of sanctions against Russia.
Simson announced the move at a meeting with Ukraine's Energy Minister German Galushchenko during an official visit to Kyiv.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.