More Western sanctions to hit Russia after Bucha killings
CTV
The United States, United Kingdom and the European Union were set Wednesday to impose new punishing sanctions targeting Russia, including a ban on all new investment in the country and an EU embargo on coal, after evidence of torture and killings emerged in recent days from a town outside of Kyiv.
Videos and images of bodies in the streets of Bucha after it was recaptured from Russian forces have unleashed a wave of indignation among Western allies, who have drawn up new sanctions as a response.
The European Commission's proposed ban on coal imports would be the first EU sanctions targeting Russia's lucrative energy industry over its war in Ukraine.
EU foreign affairs chief Josep Borrell said energy was key to Russian President Vladimir Putin's war coffers.
"A billion euro is what we pay Putin every day for the energy he provides us since the beginning of the war. We have given him 35 billion euro. Compare that to the one billion that we have given to the Ukraine in arms and weapons," Borrell said.
Stock prices, bond yields and bitcoin surged Wednesday as voters returned former U.S. president Donald Trump to the White House and the Republican party gained control of the Senate.
Employers at British Columbia ports say they are going ahead with locking out more than 700 foremen across the province after strike activities from union members began.
Warren Buffett is collecting a steady stream of profits from all of Berkshire Hathaway's assorted businesses, including Apple, without any major acquisitions.
Dockworkers at the Port of Montreal started a new strike Thursday morning, forcing the indefinite shutdown of two container terminals at the country's second biggest port.