Browsing Tag
Sanctions against Russia
236 posts
sanctions against Russia
Samsung Pay to drop Russian Mir payment card in April
Joining Apple and Google, Samsung will sever support for Russia's Mir payment system, disabling the use of those cards in its Samsung Pay wallet starting April 3.
94 tankers violated the embargo and brought Russian oil to the EU during the last three months
68% of the oil was brought to the Laconian Gulf in Greece for transshipment, while the rest was directly exported to the EU ports amid poor sanctions management.
Bloomberg: Russian oil exports finally facing real sanctions squeeze
Western sanctions have begun to disrupt Russia's oil exports, with recent developments indicating growing challenges for Moscow's efforts to maintain its crucial energy sales.
European Parliament votes to criminalize violation and circumvention of EU sanctions
The European Parliament has passed a directive to criminalise the violation and circumvention of EU sanctions, seeking to close existing enforcement gaps.
Switzerland aligns with EU’s 13th sanctions package against Russia
Switzerland's latest sanctions include a ban on the export of drone components to Russia, as part of efforts to curb its military capabilities.
EU Parliament urges EU to give Ukraine whatever it needs, including Taurus
European Parliament resolution calls for unlimited military support to Ukraine to defeat Russia, including advanced weapons and a minimum of 0.25% GDP annually from allies.
New Zealand expands sanctions on 61 more Russian individuals, entities
The sanctions target those procuring weapons and technologies for Russia's defense industry, including people involved in the purchase of weapons from North Korea.
Latvia bans Russian grain, calls EU to do same measures
Citing the need to stop "Russia's war machine," Latvia's farm minister is demanding the EU replace grain and food imports from Russia with Ukrainian goods and put sanctions on Russian grain & foodstuffs.
UK’s Sunak calls for bolder seizure of frozen Russian assets, two years into war
The G7 countries have access to nearly $300 billion of Russian reserves frozen two years ago. However, they have not used them to pay for Ukraine's aid yet.
Biden unveils over 500 new sanctions against Russia
With the Ukraine war approaching its second year, Biden also revealed new export restrictions on nearly 100 Russian entities supporting the invasion.
UK imposes new sanctions against Russia to mark two years of full-scale war
The UK government has announced over 50 new sanctions targeting Putin's war efforts, including munitions manufacturers, diamond and oil traders.
EU agrees on new sanctions, targeting Russia’s drone production
CNN says the EU's newest Russia sanctions bundle, to be finalized on 24 February, marking two years since Russia's Ukraine invasion, will newly blacklist Russian drone producers and global procurement networks supplying components to Moscow's military.
FT: Hungary stalls approval of EU’s latest Russia sanctions
Hungary objected to the presence of Chinese companies on the list of the 13th package of EU sanctions aimed at Russia, according to an unnamed official reported by the Financial Times.
Politico: EU seeks action to stop illegal exports of Western goods to Russia
The European Commission has notified EU countries of the problem of illegal exports to Russia, which has been exploiting sanctions loopholes to fuel its war machine.
Media: Italy’s weapon manufacturer Beretta uses loophole to send guns, ammo to Russia
Major Italian firearms manufacturers, including Beretta, continue funneling rifles, pistols, and hundreds of thousands of rounds of ammunition into Russia, exploiting sanctions loopholes nearly a decade after EU restrictions banned small arms sales following the 2014 invasion of Ukraine.
Switzerland bans import of Russian diamonds
Yet Switzerland still refuses sending arms to Ukraine, citing neutrality.
EU extends sanctions against Russia over Ukraine invasion
The EU has renewed its economic sanctions against Russia, which were first imposed in 2014.
Avon continues doing business in Russia despite Russia’s ongoing war in Ukraine
BBC investigation shows Avon expanding Russia operations - UK-headquartered cosmetics firm still making products outside Moscow and recruiting Russian sales agents during Russia's ongoing war in Ukraine.
Ukraine identifies US-made components in Russian missile used in Chernihiv attack
The investigation by Ukraine’s anti-graft agency revealed that the missile was manufactured no earlier than March 2023.
EU countries buy refined Russian oil from India at record rates — Independent
India reaps additional profits from importing cut-price Russian oil and reselling refined oil to the EU markets at full price.