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G7 to phase out Russian oil, U.S. sanctions Gazprombank execs over Ukraine war

13 Sept 13:11 Key points summarised by AI

G7 nations committed to phasing out or banning imports of Russian oil, aiming to intensify pressure on Moscow following its invasion of Ukraine.
The U.S. unveiled new sanctions, notably targeting Gazprombank executives for the first time, though stopping short of a full block, to signal financial risk.
Further U.S. measures included sanctions on three Russian state-controlled television stations, a ban on Americans providing accounting and consulting services to Russians, and visa restrictions on over 2,600 Russian and Belarusian officials.
These collective actions seek to systematically remove Russia from the global financial system, degrade its war capabilities, and limit resources for its ongoing military operations in Ukraine.

Yesterday 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.