US sanctions Iranian shadow banking network
The United States on sanctioned over 30 people and entities it said were tied to an Iranian shadow banking network used to launder billions of dollars for sanctioned institutions affiliated with the Islamic Republic. The network —run by Iranian brothers Mansour, Nasser and Fazlolah Zarringhalam— relied on front companies in Hong Kong and the United […]
US Sanctions 4 ICC members
US Secretary of State Marco Rubio announced sanctions on ICC members, in Response to the ICC’s illegitimate actions targeting the United States and Israel. Marco Rubio said that, “I am designating Solomy Balungi Bossa of Uganda, Luz del Carmen Ibáñez Carranza of Peru, Reine Adelaide Sophie Alapini Gansou of Benin, and Beti Hohler of Slovenia […]
UK considering sanctions on Ben-Gvir, Smotrich amid Gaza war
According to The New York Times, British officials are reportedly waiting to assess whether Israel allows enough humanitarian assistance into Gaza before taking further steps in imposing the sanctions. The United Kingdom is considering imposing sanctions on National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich. Ben-Gvir and Smotrich have both expressed strong support […]
US lawyer sanctioned after being caught using ChatGPT for court brief
As Guardian reports, Richard Bednar apologized after Utah appeals court discovered false citations, including one nonexistent case. The Utah court of appeals has sanctioned a lawyer after he was discovered to have used ChatGPT for a filing he made in which he referenced a nonexistent court case. According to court documents reviewed by ABC4, Bednar […]
Panama removes over 650 ships from registry amid sanctions
As Reuters reported Panama’s Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags. A total of 214 vessels have been withdrawn from Panama’s registry, among the world’s largest with more than 8,500 ships, […]
White House halts new Iran sanctions amid nuclear talks
The White House has issued a directive to pause all new sanctions activity toward Iran, according to The Wall Street Journal. According to the report, White House press secretary Karoline Leavitt issued the order last week, halting measures that had been part of President Donald Trump’s ongoing “maximum pressure” campaign. The directive was passed to […]
4 banks to get relief as Japan moves to partially lift sanctions on Syria
At least four banks will get relief from Tokyo as Japan on decided to partially lift sanctions on Syria. As NHK reported, top Japanese government spokesman Hayashi Yoshimasa told that Tokyo should “support positive efforts in Syria and help improve the lives of its people, who have been worn down by years of crisis, while […]
US Treasury Sanctions High-Ranking Members of Cartel del Noreste
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two high-ranking members of the Mexico-based Cartel del Noreste (CDN), formerly known as Los Zetas. CDN, one of the most violent drug trafficking organizations in Mexico and a U.S.-designated Foreign Terrorist Organization (FTO), exerts significant influence over the border region, especially near the […]
EU lifts economic sanctions on Syria, following US move
The European Union has lifted economic sanctions on Syria in a bid to help the war-torn country’s recovery, the 27-nation bloc’s foreign policy chief Kaja Kallas has said, offering the nation another critical lifeline after the ouster of Bashar al-Assad. “We want to help the Syrian people rebuild a new, inclusive and peaceful Syria,” Kallas […]
Mitsui OSK Seeks Japan’s Help as EU Sanctions LNG Tankers
Mitsui OSK Lines Ltd. is seeking help from the Japanese government after a surprise decision by the European Union to sanction three of its liquefied natural gas tankers linked to a Russian project. As Bloomberg reports, “We are not at all happy about this, so we are now lobbying the EU through various channels, including […]