U.S. Threatens Algeria with CAATSA Sanctions over Russian Jet Fighter Deal
The United States has warned it could impose sanctions on Algeria over reports the North African country is moving ahead with a purchase of Russia’s Sukhoi Su-57E stealth fighter jets.
Trump Administration Readies License to Extract Venezuelan Oil
The Trump administration is preparing to issue a broad Treasury Department license as soon as this week that would allow companies to pump oil in Venezuela, a move aimed at easing U.S. sanctions and jump-starting investment in the country’s decaying energy infrastructure.
African Wealth is Increasingly Flowing to Asian Financial Hubs
African elites and companies are increasingly routing money through Dubai, Singapore and Hong Kong as traditional offshore centers such as Switzerland tighten scrutiny, according to a new University of Oxford working paper reported by the International Consortium of Investigative Journalists.
EPPO Launches Investigation into Customs Fraud, Corruption at the Port of Antwerp
The European Public Prosecutor’s Office (EPPO) has launched an investigation into suspected customs fraud, corruption and document forgery linked to operations in the Port of Antwerp, alleging a scheme that caused an estimated €11.3 million in lost EU import duties.
Thai Military Uncovers Trove of Evidence on Cambodian Scam Compound
The Thai military said it has recovered extensive evidence of transnational online fraud from a Cambodian “scam compound” seized during border clashes last year, including target lists, scam scripts, and equipment used to disguise operations, Reuters said.
Stepping Back from Military Threats, U.S. Imposes Fresh Sanctions on Iran
The White House imposed new sanctions on Iran even as the Trump administration appeared to step back from its threat of military action in response to Tehran’s ongoing crackdown on Iranian protestors, according to The Wall Street Journal.
EU’s Kallas Threatens New Iran Sanctions over Protestor Crackdown
European Union foreign policy chief Kaja Kallas is preparing to push for new sanctions on Iran following a security crackdown that has “reportedly claimed hundreds of lives” since protests began nearly two weeks ago, Euronews reported Monday.
Congress Repeals ‘Caesar’ Sanctions in Shift Toward Post-Assad Syria
U.S. lawmakers have voted to repeal the 2019 Caesar Civilian Protection Act, ending a far-reaching sanctions regime that broadly targeted any entity providing goods or services to Syria’s government, the Financial Times reported.
U.S. Targets Alleged Financial Network Tied to Colombian Mercenaries in Sudan
The United States has imposed sanctions on four individuals and four companies it says helped recruit, pay and deploy Colombian mercenaries to fight for Sudan’s Rapid Support Forces (RSF).
U.S. Lawmakers Weigh Lifting ‘Caesar’ Sanctions on Syria
Tough U.S. sanctions imposed on Syria under former president Bashar al-Assad are on track to be lifted within weeks, after lawmakers folded their repeal into a sweeping annual defense policy bill.