Estonia sanctions 19 more Georgian officials over democratic crackdown
Estonia has slapped entry bans on 19 high-ranking Georgian officials responsible for the persecution of peaceful protesters, journalists, and opposition representatives. Those on the latest list include Georgia’s minister of justice, prosecutor general, members of parliament, prosecutors, judges, and a former police chief. “These individuals are directly or indirectly responsible for the persecution of peaceful […]
Family-based sanctions legal under IEEPA, says US court
A federal judge has ruled that US authorities can legally sanction adult children of designated individuals under emergency powers legislation, rejecting a challenge from the family of sanctioned Cypriot businessman Christodoulos Vassiliades in a decision that clarifies the scope of presidential emergency authorities. According to the World Ecr, The DC District Court found that the […]
Ship registry and 105 vessels among entities listed in EU’s latest Russian sanctions
The European Union officially rolled out its 18th sanctions package, overcoming opposition from Slovakia. The sanctions are aimed squarely at crippling Moscow’s revenue streams and tightening the noose on its shadow fleet of sanctioned tankers Under the new measures, the oil price cap for Russian crude will be tightened—reduced to roughly $47–$48 per barrel, or […]
UK Sanctions Russian Spies
The British Foreign Office has also linked Russia’s intelligence agency to a cyber-sabotage campaign targeting institutions, elections, and public health programs across Europe and the US. The UK imposed sanctions on 18 officers and three units of Russia’s military intelligence agency for their roles in a 2022 airstrike on a theatre in Ukraine that killed […]
UK imposes 137 new sanctions on Russia
The UK has announced 137 new sanctions targeting Russia’s energy sector. The UK Foreign Office stated that the new sanctions will disrupt Russia’s oil revenues and render a larger portion of its already struggling stay-behind fleet dysfunctional. The statement noted that the 137 new sanctions against Russia further increase pressure on Russia’s stay-behind fleet operations. […]
Sanctioned Russian Giant Rostec Bypasses Banks with Tron-Based RUBx Stablecoin
According to Cryptonews, Rostec, a major Russian state-owned defense conglomerate, has found a way to bypass traditional banking systems. It has revealed its intention to introduce its RUBx stablecoin alongside RT-Pay, a specialized platform designed for cryptocurrency-based transactions. The RUBx token, which maintains a 1:1 peg to the Russian ruble, will function on the TRON blockchain […]
US sanctioned 12 tankers and Iraqi terminal in first Iran sanctions since bombing nuclear sites
After bombing Iran’s nuclear facilities in late June amid the 12-day Israel-Iran war, the US resumed its ‘maximum pressure’ sanctions campaign on Iran. US sanctioned an Iraqi oil terminal and more than 30 individuals, entities and ‘shadow fleet’ tankers on Thursday as the “maximum pressure” sanctions campaign on Iran resumed for the first time since […]
USA sanctioned Sanctioning Senior Members of Longstanding Hizballah Financial Institution Al-Qard Al-Hassan (AQAH)
The United States sanctioned seven senior officials and one entity linked to Al-Qard Al-Hassan (AQAH), a Hizballah-controlled financial institution. These officials, through their management roles, have facilitated Hizballah’s evasion of sanctions, enabling AQAH to conduct millions of dollars in transactions through “shadow” accounts. In addition to this, the Department’s Rewards for Justice (RFJ) program is […]
USA sanctions three Mexican financial firms over suspected links to drug cartels
The Trump administration on Wednesday restricted US banks from making transactions with three Mexican financial firms over concerns that they are laundering money for drug cartels. The sanctions – the first implemented under the Fentanyl Sanctions Act and the FEND Off Fentanyl Act – targeted Mexican banks CIBanco and Intercam Banco and the brokerage firm […]
China sanctions former Filipino lawmaker over South China Sea claims
China sanctioned a former Filipino lawmaker Tuesday over legislation that marks out the Philippines’ territorial claims in the disputed South China Seas. Francis Tolentino, who has just finished serving his term as majority leader of the Philippine Senate, is prohibited from entering China as well as the territories of Hong Kong and Macau, according to […]