EU unveils 21st sanctions package as global markets decline

The European Commission presented its 21st package of sanctions against Russia on June 9. President Ursula von der Leyen announced the measures, which are set to target Russia's energy sector, financial services, cryptocurrencies, trade, and fishing. Earlier reports indicated the package would also focus on Russia's military-industrial complex and "shadow fleet."

Concurrently, global stock markets experienced a significant downturn on June 8, primarily in Asia. The decline was driven by a widespread sell-off in technology and semiconductor shares, which had previously benefited from the artificial intelligence boom. South Korea's Kospi index notably fell by up to 8.8%, with major companies like Samsung Electronics and SK Hynix seeing share drops exceeding 10%.

Sources: Forbes Ukraine, Радіо Свобода, Українська правда