EU Prohibits Citizens From Holding Senior Positions In Russian State-Owned Companies

Under the ninth sanctions package against Russia the EU prohibits citizens to hold governing posts in Russian state-owned companies, the Council of the EU said on Friday.

China punishes 4,417 officials in frugality campaign

The Communist Party of China's (CPC) top anti-graft body said Monday that 4,417 officials had been punished for violating austerity rules in July.