sanctions
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Joe Biden is set to sanction more Russian oil tankers in the dying days of his administration, according to sources cited by the Reuters news agency. “It’s a very substantial package. Two Russian oil companies, more than 100 tankers, oil traders, Russian insurance companies etc,” one of the officials said, without naming the entities. It…
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Manufacturers and distributors need to improve compliance with Russia-related sanctions, the deputy secretary of the US Treasury has said. American companies in particular need to pay more attention to their supply chains to ensure they are not complicit with Russia’s evasion of sanctions over Ukraine, Wally Adeyemo said in an interview with CNBC. He said…
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Russian officials have this morning threatened the West with a “severe” response if frozen Russian assets are confiscated. Russian Foreign Ministry spokeswoman Maria Zakharova added Russia would never give up territories seized from Ukraine in exchange for the return of frozen assets. “Our motherland is not for sale,” Ms Zakharova wrote on the Telegram messaging…
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London’s charges are baseless and malicious, Beijing has said British claims about an alleged hacking of the UK Electoral Commission are false and groundless, the Chinese government said on Tuesday, responding to the announcement of sanctions against two of its nationals and a business in Wuhan. London announced the sanctions against Zhao Guangzong and Ni…
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The US treasury has imposed sanctions on Russia’s leading oil tanker group in a bid to reduce Moscow’s oil sales revenues. Sovcomflot was sanctioned for being owned or controlled by, or having acted or purposed to act for or on behalf of, directly or indirectly, the Russian government – according to the treasury. The Treasury…
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Russia’s foreign ministry has said it has significantly expanded a list of EU officials and politicians banned from entering Russia in response to the latest round of sanctions by the bloc. EU member states approved a 13th package of Ukraine-related sanctions against Russia on Wednesday, banning nearly 200 entities and individuals accused of helping Moscow…
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The EU is set to adopt another round of sanctions on Russia which will affect the supply of unmanned aerial vehicles (UAVs) to the country, among other things, according to German Foreign Minister Annalena Baerbock. The package is almost finalized, Baerbock said on Monday, ahead of a meeting with her counterparts in Brussels. EU foreign…
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The United States Treasury has issued new Iran-related sanctions. The sanctions target four Iran and Hong Kong based companies for providing materials and technology to Iran’s ballistic missile and drone programmes and a Hong Kong-based firm for selling Iranian commodities. Six officials from Iran’s Islamic Revolutionary Guard Corp’s Cyber Electronic Command have also been sanctioned for malicious…
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The first train deployed in the operation moved 23 trucks across the border from Ukraine into Poland this morning, Ukrzalynitsya said. Officials were working out ways to speed up the procedure and efforts were under way to have trucks moved in the opposite direction, into Ukraine. Drivers were being moved across the border by bus,…
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China has decided to add two United States defense companies – Lockheed Martin Corp and Raytheon Missiles & Defense – to its Unreliable Entity List in response to their involvement in arms sales to Taiwan island, the Ministry of Commerce said on Thursday. This move is aimed at safeguarding China’s national sovereignty, security, and development…
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Some €17 billion in assets of Russian oligarchs and entities have been frozen in the European Union across seven member states following sanctions against Russia in response to the war in Ukraine, according to Brussels. “So far, the assets of 90 people have been frozen, amounting to more than €17 billion in seven member states,…
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Russian sport has the strength to handle the current sanctions imposed by various federations and has already successfully implemented numerous “anti-crisis” measures, according to Sports Minister Oleg Matytsin. Speaking at a board meeting of his ministry on Monday, Matytsin outlined the pressures that Russian sport has faced since the International Olympic Committee (IOC) recommended a…
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A group of around 100 civilians have been evacuated from the besieged Azovstal steel plant, the last stronghold of Ukrainian soldiers in Mariupol. Moscow says some civilians were handed over to the Red Cross and the UN, who confirmed the operation. Ukrainian authorities started to evacuate more civilians from the city on Monday. U.S. Speaker of…
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After new U.S. sanctions targeted Vladimir Putin’s two adult daughters and other family members of prominent Russians, a Kremlin spokesman has lashed out at the West. In a newly released list of prominent Russians being sanctioned in response to the war in Ukraine, Putin’s daughters, Maria Vorontsova and Katerina Tikhonova, were included in the latest…
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Despite the rhetoric of a strong friendship with Russia, China has chosen a low-profile strategy in the Ukraine-Russia war to protect its own interests as Beijing has shown little interest in providing Moscow with any actual economic lifelines, said a media report. While China has refused to abandon Moscow or yield to US threats of…
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