Tag: Region Europe

The investigation and enforcement of potential sanctions violations by crypto exchanges is an area of focus in the US at present.  The US Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) recent settlement with Kraken, a global virtual currency exchange, is the most recent OFAC case demonstrating the risks for virtual currency platforms that process transactions without comprehensive sanctions controls.  Kraken agreed to pay USD 362,158.70 to settle its potential civil liability for alleged breaches of the Iranian…

States must apply effective arms-control measures to prevent the diversion of weapons supplied to Ukraine, a senior United Nations official told the Security Council today, as some Council members defended their decision to continue providing military support to Kyiv while others detailed the danger of doing so. Izumi Nakamitsu, High Representative for Disarmament Affairs, said that the transfer of materiel to Ukraine by several States since the Russian Federation’s invasion on 24 February is a matter of public record.  Information from…

Prosecutors on Wednesday moved to confiscate $5.4 million from a U.S. bank account belonging to Russian businessman Konstantin Malofeyev, who Washington has accused of financing separatists in eastern Ukraine and Crimea and imposed sanctions on him. (Reuters) Konstantin Malofeyev is the founder of Tsargrad TV, and has been reported in western media to be a regular “consultant” to the Kremlin. He is the “Orthodox oligarch” behind Tsargrad TV, a channel he founded “with the help of the Fox News ex-director…

On November 15, 2022, the Italian Supreme Court held that an Italian court or competent data protection authority has jurisdiction to issue a global delisting order. A delisting order requires a search engine to remove certain search results about individuals if the data subject’s privacy interests prevail over the general right to expression and information, and the economic interest of the search engine. The case was brought by an Italian individual, who requested a worldwide delisting order, concerning all versions…

French financial prosecutors say a Paris court has approved an agreement with Airbus that will see the plane maker pay a 15.8-million-euro ($16.3 million) fine A Paris court on Wednesday approved an agreement under which Airbus will pay a 15.8-million-euro ($16.3 million) fine to end a corruption probe focusing on sales to Libya and Kazakhstan over a decade ago, French financial prosecutors said. The agreement comes as an extension to a previous deal in 2020 that led Airbus to pay…

Haaretz Daily Newspaper reports: Documents reveal that a corporation implicated in corruption, served as a middleman between Israel Aerospace Industries (IAI), Elbit (publicly traded co), Israel Shipyards (publicly traded co) and Myanmar’s brutal junta, despite international sanctions over the Rohingya genocide. Company Company Relation Location Industry Description Israel Aerospace Industries Ltd. (IAI) Parent Israel Aircraft Engines Elta Systems Ltd Subsidiary of Parent Israel Electronic Navigation/Tracking Systems Iai Asia Pte. Ltd. Subsidiary of Parent Singapore Wholesalers Iai North America Inc. Principal…

Miami – It was a deal that brought together oligarchs from some of America’s top adversaries. ‘The key is the cash,’ the oil broker wrote in a text message, offering a deep discount on Venezuelan crude shipments to an associate who claimed to be fronting for the owner of Russia’s biggest aluminum company. ‘As soon as you are ready with cash we can work.’ The communication was included in a 49-page indictment unsealed Wednesday in New York federal court charging…

Ukraine throws damns this treaty to hell [less dramatic translation: violates the treaty] a year later, and begins attacking the borders of the two republics…Desperate, the two republics send a delegation to Moscow and finally manage to talk to Putin.

“Russia should not benefit from European knowledge and expertise.”  That is the view of European Commission (“EC”) President Ursula von der Leyen, who recently proposed an eighth package of sanctions against Russia in response to “escalation” in Ukraine. Among the “biting” new sanctions will be a wider ban on the provision of European services to Russia.  The list of banned services has not yet been announced, but there are multiple reports circulating that this may include legal services.  Watch this…

Russia claims that Ukrainian forces have repeatedly launched targeted attacks hitting the Zaporizhzhia nuclear power plant, a sensitive area known as the largest nuclear power plant in Europe with at least six operating reactors. On August 7, the military-civilian administration of Energodar city, located in the north-western part of Zaporizhzhia Oblast in Ukraine, accused Ukrainian forces of launching a 220 mm Uragan rocket with a cluster warhead. The Russian officials said that Ukraine’s strike has damaged the station’s administrative buildings…

Aug 5, 2022. The US-Led Drive to Isolate Russia and China Is Falling Short While the US and its allies have sanctioned Russia for its invasion of Ukraine, half of the countries in the Group of Twenty have not signed up. When Group of Seven leaders gathered in the Bavarian Alps in June, they pledged to stand with Ukraine for the long haul. Their Group of 20 counterparts are proving less supportive. Comprising nations that account for some 85% of…

Jun 27, 2022. The European Union’s governing body has published a list of new sanctions against Moscow, accusing Russia of a “continuing war of aggression against Ukraine.” The sixth batch of restrictions since February contains a phased embargo on oil imports, restrictions against some Russian banks and broadcasters, and the blacklisting of people Brussels accuses of war crimes. The Council of the European Union officially announced the sanctions package on Friday. EU High Representative for Foreign Affairs and Security Policy…

June 26, 2022. Are Twitter, TikTok, Facebook and other social media platforms hiring from the FBI, military, NATO, CIA and U.S. State Department? It seems they are. This hiring tendency has not been widely reported in mainstream news because the revelation seems to have originated in an investigation by Russian media sources. Much of the evidence for the claim, however, is publicly verifiable. Here are some examples you can verify for yourself.

2022-06-01. Russia is cutting off more gas supplies to Europe. On Tuesday, the state energy company Gazprom cut off some gas to the Netherlands, Denmark and Germany. This came hours after the EU banned most Russian oil imports. (Democracy Now) Denmark Denmark’s largest energy company said Russia cut off its gas supply Wednesday because it refused to pay in rubles, the latest escalation over European energy amid the war in Ukraine. Russia previously halted natural gas supplies to Finland, Poland…

May 31, 2022. The Department of Justice, together with the Federal Trade Commission (FTC), announced a settlement that, if approved by a federal court, will require Twitter Inc. to pay $150 million in civil penalties and implement robust compliance measures to protect users’ data privacy. The settlement will resolve allegations that Twitter violated the FTC Act and an administrative order issued by the FTC in March 2011 by misrepresenting how it would make use of users’ nonpublic contact information. In…