Russian companies find loophole in legislation
Companies linked to sanctioned Russian billionaires are avoiding financial audits by exploiting a loophole in Dutch legislation, Dutch public broadcaster NOS reported. According to the report, these billionaires are using a clause in Dutch law to classify their companies as micro-businesses, which allows them to hide the flow of money and avoid strict reporting requirements, […]
EU to Russia: Sanctions are coming to media companies
The European Union will include a ban on access to Russian propaganda media services in its 16th sanctions package. Russia under the leadership of Vladimir Putin, who launched an all-out attack and occupation attempt against Ukraine’s territorial integrity and sovereignty, continues to target defenceless civilians, critical infrastructure facilities, health and education institutions. ‘Russian state agency […]
EU plans sanctions on 50 Russian products in upcoming trade restrictions
The European Union has announced plans to impose sanctions on 50 types of Russian products, according to the EU’s Special Representative for Sanctions, David O’Sullivan. Citing the foreign media that during his visit to Astana, O’Sullivan discussed the potential inclusion of various products under 50 trade codes in the next package of sanctions against Russia. […]
Rosatom and 250 people: New targets of US’s sanctions
In his final days in the presidency, Joe Biden and his administration have implemented new sanction decisions against Russia due to its ongoing invasion of Ukraine. The sanctions announced on January 15 include significant restrictions aimed at Russia’s energy sector and military-industrial base. The U.S. Treasury Department announced that approximately 100 new targets, including previously […]
Sanctioned shadow fleet gas carrier zigzags between Norwegian oil platforms
Following the transshipment of natural gas from Russia’s sanctioned Arctic LNG 2 project, the Mulan has been sailing in circles in the North Sea. The 236-meter-long LNG carrier named Mulan has been sailing back and forth in the North Sea for more than a week. According to The Barents Observer, on December 20, the Mulan […]
South Korea Sanctions 15 Cyber Hackers Linked to North Korea’s Weapon Funding
South Korean government has announced it is imposing sanctions on 15 individuals linked to North Korea, accusing them of engaging in illegal cyber activities to steal money for the country’s weapons program. These sanctions are a response to the growing concerns over cyber theft and the role it plays in supporting North Korea’s pursuit of […]
Russia expanded entry ban list in response to new EU sanctions
Russia expanded its list of European officials banned from entering the country in response to the EU’s latest sanctions package against it. The EU’s new leadership, which took office earlier this month, continued to pursue aggressive policies against Moscow, said the Russian Foreign Ministry. The statement stressed that unilateral restrictive measures remain a tool of […]
China imposes sanctions on US that reminds red lines
The Chinese Foreign Ministry has imposed counter-sanctions on seven US military companies and related senior executives due to recent military aid and arms sales to Taiwan. China said in a statement that the US actions seriously violate the one-China principle and three China-US joint declarations, interfere in China’s internal affairs, and undermine China’s sovereignty and […]
US sanctions 21 senior Venezuelan officials over election pressure
In the US, the Joe Biden administration has sanctioned 21 Venezuelan officials for their role in the suppression of protests following the disputed presidential election in July. According to a senior representative of the administration, this group, which targeted innocent civilians for repression and retaliation, includes 15 leaders from the Bolivarian national guard, national police, […]
The EU announced the expected decision: Iran’s Censoring Tech Firm Removed from Sanctions List
Despite protests by Iranian democracy activists, the European Union has removed ArvanCloud, an Iranian technology firm accused of censorship, from its human rights sanctions list. According to the official gazette of the European Union, Arvan Cloud (also known as Abr Arvan; Noyan Abr Arvan Co.; Arwan Company; Arvancloud) has been removed from the sanctions list. […]