EU capitals have agreed a fresh sanctions package against Russia, as Brussels vows to step up pressure on Moscow and support for Kyiv despite US-led negotiations to end the war in Ukraine.
The bloc’s 16th package of sanctions against Russia since it launched its full-scale war takes aim at the country’s aluminium industry and further tightens restrictions on its oil exports.
The sanctions target 13 more banks, 73 more so-called shadow fleet tankers used by Moscow to export crude oil, and a “phased-in” ban on EU countries buying certain types of Russian aluminium products, according to people briefed on its contents.
The package, which the people said was endorsed by ambassadors from all the EU’s 27 countries on Wednesday morning, also targets more individuals and companies deemed to be helping Russia prosecute its war against Ukraine.
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Thing is, Europe lags behind in tech on most metrics. We need to foster new companies that can compete in current industries and creat new ones. Without this, tech will continue to be another dimension in which we rely on others to supply us. Of course, some of these start-ups will be shitty cash grabs. But most will be trying to accomplish something real. Europe cannot only rely on once reliable industries for growth (like automotive), it needs to look at the future and jump on it before others do