2019-06-21T04:00:00Z
What Happened : The European Council has decided to renew its sanctions on Russia for another half-year, EUobserver reported June 21.
Why It Matters : The continued economic sanctions, which target Russian banks, energy and arms firms, will perpetuate the standoff between the West and Moscow over a number of issues, including the conflict in Ukraine.
Background : In addition to announcing the sanctions, which will carry through until Jan. 31, 2020, the council also chided Russia for its alleged role in downing Malaysia Airlines flight MH17 in 2014, as well as the jailing of Ukrainian sailors apprehended on the Sea of Azov last year.