Russia’s fines against Google exceeded 20 decillion dollars
The amount of fines imposed by Russian courts on Google for removing channels belonging to Russian organisations and individuals on YouTube has exceeded 20 decillion dollars. Speaking to the Russian news agency TASS, legal expert Ivan Morozov said that administrative fines were imposed on Google in the country for removing some channels on YouTube. Pointing […]
New sanctions against Belarus from the USA, Canada and the UK
The US Treasury Department has announced sanctions against individuals and entities in Belarus that support Russia’s war in Ukraine through military funding and production of goods. The sanctions, imposed on a total of 19 individuals, 14 entities and one aircraft, reportedly target individuals who circumvented sanctions on behalf of Belarusian defence organisations and provided income […]
Russia does not expect sanctions to be lifted quickly after Trump’s victory, union leader says
The head of the Russian Union of Industrialists and Entrepreneurs says that Russian entrepreneurs are cautious in relations with the West, hoping for the best but preparing for the worst. The president of the association, Aleksandr Shohin, says that although sanctions against Russia are being imposed quickly, they will be lifted gradually. According to him, […]
Taiwanese businessman Tsao to sue Chinese authorities over sanctions
Taiwanese businessman Robert Tsao announced that he will sue senior Chinese officials in a Taiwanese court over sanctions imposed on him. Tsao said he is trying to counter China’s intimidation of his legal activities. China, which claims Taiwan as its territory, said last month that it would punish and sanction Tsao, the retired founder of […]
EU sanctions 30 individuals and organizations after Navalny’s death
EU foreign ministers have pledged political support for new sanctions after the murder of Russian opposition leader Alexei Navalny in an Arctic penal colony. “We have agreed to impose sanctions under the US global human rights sanctions regime on 30 individuals and organizations responsible for the killing of Alexei Navalny,” Josep Borrell said after the […]
SEC to be sanctioned over DEBT Box decision
A federal judge in the US sanctioned the Securities and Exchange Commission for improper actions against Utah-based crypto company DEBT Box. In the ruling, the SEC’s actions were characterized as a ‘gross abuse of authority’. According to the court ruling, the regulator will also have to pay DEBT Box’s legal costs. The judge’s decision included […]
Sanction against F1 driver Nikita Mazepin canceled
The EU Court has ruled that sanctions against Nikita Mazepin, whose contract with Formula 1 team Haas was terminated following Russia’s invasion of Ukraine, were unjustified. The judges said the economic freeze imposed on the driver in response to the invasion of Ukraine was not justified simply because he is the son of Russian oligarch […]
US may also sanction those involved in Huawei’s secretive chip network
The US Government intends to escalate Washington’s chip wars strategy. Bloomberg claims that sanctions are imminent against a number of Chinese semiconductor companies linked to tech giant Huawei. Leaked reports show that the Chinese companies or entities under scrutiny include some that were highlighted last year in allegations that Huawei was trying to set up […]
Largest Western bank under pressure to cancel investment in Russia
The US is pressuring Raiffeisen Bank, the largest Western bank in Russia, to cancel a $1.6 billion industrial investment. According to Reuters, the bank has chosen an interesting exit strategy from Russia. In its plan to repatriate its remaining $1.6 billion assets in Russia, it planned to buy shares in the Austrian construction company Strabag, […]
Russia imposes retaliatory travel bans on Australian officials & private sector.
Russian foreign ministry bans 39 Australian officials and contractors from entering the country.