Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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European Union Sanctions Russia Over Ukraine Crisis

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The European Union (EU) members agreed on Tuesday to impose a first round of economic sanctions against Russia over the Ukraine crisis.

The 27 members of the EU agreed on the measures against Russia at an informal meeting in Paris. Britain imposed sanctions on five Russian banks and three billionaires. Prime Minister Boris Johnson called "the first barrage" of measures in response to Russia’s actions in Ukraine. The United States imposed sanctions against two large Russian financial institutions and Russian sovereign debt. Joe Biden said that the sanctions against Russia's sovereign debt meant that the Russian government would be cut off from Western financing.

Russian President Vladimir Putin on Monday told Russia's defence ministry to deploy forces into two breakaway regions of Ukraine after recognising them as independent, raising fears of war in Europe. The first round of sanctions will also target Russian parliament members, who backed recognising the breakaway regions as independent.

Josep Borrell Fontelles, the bloc’s foreign policy chief, said that sanctions had been agreed upon unanimously at the meeting. Borrell said, “The sanctions will hurt Russia a lot.” He added that the measures will target the 351 lawmakers who voted in favour of recognising the breakaway regions as independent, along with 27 individuals and entities who threaten Ukrainian territory and sovereignty. Reportedly, the measures will now be formally approved by Brussels as part of the EU's response to Vladimir Putin's recognition of two breakaway regions in eastern Ukraine.

European Commission President Ursula von der Leyen said, "Our action today is a response to Russia's aggressive behaviour."

Borrell said “Russian troops have entered Donbas. We consider the Donbas part of Ukraine.” Borrell added, “I wouldn’t say it is a fully-fledged invasion, but Russian troops are on Ukrainian soil.” The EU had warned that there would be major consequences for Russia's economy if Russia invaded Ukraine. 

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