Browsing Tag
Sanctions against Russia
236 posts
sanctions against Russia
FT: China ramps up machine tool exports to Russia’s defense industry
July's Russian customs returns revealed a significant increase in CNC tool imports from China, amounting to $68 million, compared to $6.5 million in February 2022.
IStories: Russia imports Western-made rifle scopes
Russia has reportedly imported hunting rifle scopes worth $174 million from Western countries in 2022-2023, with some being used in the war against Ukraine.
Media: Foreign companies exit major Russian LNG project due to sanctions
Foreign shareholders in Russian Arctic LNG-2 project, including TotalEnergies and Chinese firms, declare force majeure and suspend involvement, prompted by US sanctions on Russia's Novatek, Russian media says.
US sanctions to hit foreign financial institutions dealing with Russia
The White House announced a new executive order that allows the US to sanction any foreign financial institutions that provide assistance to Russia’s military-industrial base.
Russo-Ukrainian war, day 666: Western companies supply spare parts for Russian tanks, investigation reveals
The Insider's investigation exposes a global supply chain supporting Russia's military enterprises.
“20 Days in Mariupol,” a documentary film by photojournalist and filmmaker Mstyslav Chernov, has been shortlisted for the Oscars Awards.
Upgraded Russian guided bombs suggest ongoing access to foreign electronics
Conflict Armament Research analysis uncovers upgraded electronics in Russian guided bombs, manufactured in July 2023 and deliberately stripped of identifying marks, likely to protect suppliers from sanctions circumvention allegations.
Insider: Western companies supply spare parts for Russian tanks
The Insider's investigation exposes a global supply chain supporting Russia's military enterprises.
US strengthens sanctions on Russian oil
The US Treasury updated recommendations for capping Russian oil prices, but the impact on the effectiveness of these sanctions remains uncertain.
German prosecutors break new ground with request to seize Russian entity’s €720 million
Germany's Chief Federal Prosecutor takes a historic move to seize €720 million in Russian assets held by a Moscow exchange subsidiary in a German bank account. This comes in response to a company's attempt to hide funds, signaling a major shift from asset freezing.
NYT: Russia bypasses sanctions for Western electronics via Morocco
Correspondence obtained by The New York Times reveals Russia's strategy of using Morocco's ports to circumvent sanctions and acquire Western electronics.
Austria clears EU’s Russia sanctions after Ukraine removes Raiffeisen from blacklist
Austria supports the 12th EU sanctions package on Russia, after Ukraine removes Raiffeisen Bank International from a symbolic blacklist. The bank was the only Austrian company on the list.
Russia seeks to expand aviation partnership with seven countries to bypass sanctions
Major Russian airlines are seeking cooperation with Indonesia, Ethiopia, Hong Kong, Singapore, South Korea, Malaysia, and Pakistan to enhance their aircraft repair capabilities, bypassing Western sanctions.
Japan expands sanctions over Russia’s war in Ukraine
In response to Russia's ongoing invasion of Ukraine, Japan has expanded sanctions, targeting additional firms and entities, including export bans beyond Russia and its ally Belarus.
UK escalates sanctions against Russia, targeting metal and diamond imports
In a bid to starve Russia's war machine, the UK is extending its export bans on dual-use items to Russia, in addition to banning certain metal and diamond imports, while also imposing stricter reporting rules on Russian assets held in the UK.
UK launches new unit to intensify pressure on Russian sanction evaders
The Office of Trade Sanctions Implementation is set to bolster enforcement of trade sanctions against Russia. Announced by Minister Nusrat Ghani, this unit will focus on civil enforcement, aiding compliance, and cracking down on sanction evasion.
Bloomberg: Russia’s oil export income surges despite sanctions, fueling war effort
Russia's monthly net oil revenues nearly doubled between April and October, reaching levels comparable to those before its invasion of Ukraine.
Russia, Iran sign declaration to counter Western sanctions
"We have signed the declaration on ways and means of countering, mitigating, and compensating for the negative consequences of unilateral coercive measures," Russian Foreign Minister said.
US imposes sanctions on companies and vessels ignoring price limits on Russian oil
The U.S. sanctioned three companies and their vessels, including HS Atlantica Limited and Sterling Shipping Incorporated, for surpassing G7 limits on Russian oil prices.
Lithuania, Latvia leaders: Sanctions should affect grain from Russian-occupied territories
Latvian President and Lithuanian Prime Minister urge sanctions on goods from Russian-occupied Ukrainian areas, stressing EU cooperation and origin verification.
Russian civil aviation nearing collapse due to sanctions, Ukraine intelligence says
Newly obtained documents by Ukraine's Main Directorate of Intelligence reveal that over 35% of Russia's civilian aircraft have been scavenged for parts due to shortages caused by Western sanctions.