Category: Sanctions News

ZURICH (Reuters) – Switzerland has expanded its sanctions against Russia to include additional measures recently taken up by the European Union against Moscow over its ongoing aggression against Ukraine, the Swiss government said on Tuesday. Pointing to a package of measures adopted by the EU against Russia on June 24, the Swiss economy ministry said in a statement that it…

WASHINGTON, July 6. /TASS/. The US administration views Moscow’s cooperation with Beijing which Washington alleges has supported Russia’s defense industry as a long-term challenge for security in Europe. Speaking at a special press briefing in the run-up to NATO’s summit in Washington on July 9-11, a senior US official said that the summit communique would have “strong language” on China….

Russia’s state financial watchdog Rosfinmonitoring has added journalist Artyom Kriger to its list of “terrorists and extremists,” his employer SOTAvision reported on Thursday. Russia’s state financial watchdog Rosfinmonitoring has added journalist Artyom Kriger to its list of “terrorists and extremists,” his employer SOTAvisionreported on Thursday. Kriger, 23, was arrested last week on charges related to the “extremism” case against late…

MOSCOW, June 24. /TASS/. The International Boxing Federation said it lifted sanctions against Russian athletes. “Restrictions against Russian boxers have been lifted, and they can be rated,” a representative of the organization told TASS. Russian boxers were earlier excluded from IBF ratings in connection with the special military operation in Ukraine. The IBF light-heavyweight champion is Russian national Artur Beterbiev.

BRUSSELS, June 24. /TASS/. At a regular meeting of the EU Council foreign ministers of 27 EU countries approved the decision to transfer 1.4 billion euros of profits from Russia’s frozen assets to the European Peace Facility for military assistance to Ukraine, EU foreign affairs chief Josep Borrell told a press conference following the results of the meeting. “The ministers…

BRUSSELS (AP) — The European Union on Monday slapped new sanctions on Russia over its war on Ukraine, targeting Moscow’s shadow fleet of tankers moving liquefied natural gas through Europe as well as several companies. At a meeting in Luxembourg, where the sanctions were endorsed, EU foreign ministers also agreed on new financial support to help Ukraine defend itself. Some…

BEIJING (AP) — China said Friday it has banned a number of business units of American aviation manufacturer Lockheed Martin Corp. and three of its executives over arms deals the company has signed with Taiwan, the self-ruling island it claims as its own territory. The statement from China’s Foreign Ministry said the company’s cooperation with Taiwan had violated the country’s…

WASHINGTON – The US Treasury on June 20 said no major trading partner appeared to have manipulated its currency in 2023, but it added Japan to a foreign exchange “monitoring list”, alongside Singapore, China, Malaysia, Vietnam, Taiwan and Germany, which were on the previous list. The Treasury’s semi-annual currency report found that none of the countries examined met all three…

MOSCOW (Reuters) -Russia-China trade options have narrowed since the U.S. imposed sanctions last week on the only Russian bank branch in China, but President Vladimir Putin’s Chinese visit last month has helped ensure the two countries have payment alternatives for now, three sources said. Since Putin’s visit, specially authorised banks have been set up in border regions which allow Russian…

WASHINGTON (AP) — The Transportation Department said Thursday that it fined Middle Eastern airline Emirates $1.8 million for flights in regions off-limits to U.S. airlines while it allowed JetBlue Airways to sell seats on the planes. The fine involves a “significant number” of flights from December 2021 to August 2022 that passed over Iraq on their way between the United…

Washington is “extremely hypocritical” for arming Kiev while pushing for peace, Beijing’s foreign ministry has said. The US is using the Ukraine crisis as an opportunity to impose sanctions while continuing to pump Kiev with weapons, Chinese Foreign Ministry spokesman Lin Jian said on Thursday. Lin made the remarks after the US State Department and Treasury Department announced a new…

The envoy made the statement during an address dedicated to Russia Day, which was celebrated on Wednesday. Earlier the same day, Washington announced more restrictions on Moscow over its military operation against Ukraine. “The US administration congratulated the Russian people with the announcement of yet another sanctions package,” Antonov said. Russia will not insist on being a US partner, but…

The United States on Wednesday announced a raft of new sanctions aimed at constraining Moscow’s ability to wage war on Ukraine while raising the stakes for foreign banks that still do business with Russia. The Treasury Department and State Department’s sanctions impacted more than 300 targets, including entities in Russia and countries like China, Turkey and the United Arab Emirates….

OFAC has designated (notice) 2 companies and 4 individuals allegedly involved in malicious cyber activity on behalf of the Iranian Islamic Revolutionary Guard Corps Cyber Electronic Command: Mehrsam Andisheh Saz Nik, formerly known as Mahak Rayan Afzar, allegedly an IRGC-CEC front company associated with a multi-year campaign targeting over a dozen US companies and government entities, including the Treasury, and 2 employees, Alireza…

As part of the US national security package, the US House of Representatives has passed the 21st Century Peace through Strength Act, section 3111 of which extends the statute of limitations for civil and criminal sanctions violations from 5 years to 10 years. The extension will not apply to already-expired sanctions violations.

Serbia is close to signing a deal on the purchase of 12 French Rafale multi-purpose fighter jets, the Serbian president announced Tuesday, in what would mark a shift from its traditional military supplier Russia. President Aleksandar Vucic spoke during his two-day visit to Paris and talks with French President Emmanuel Macron as well as French defense officials including Rafale manufacturer…