To Bypass Russia Sanctions, Newly Sold Foreign Cars Often Take a Detour in China
Tens of thousands of foreign-brand cars are reaching Russia via China through gray-market channels that often circumvent sanctions and automakers’ pledges to exit the Russian market.
Bipartisan Bill Would Make Russian Mercenaries Foreign Terrorists
A bipartisan coalition of U.S. House lawmakers has introduced legislation that would order the State Department to add Russian mercenary groups to its list of Foreign Terrorist Organizations (FTOs).
EU May Ban Crypto Payments Tied to Russia, Restrict Exports for Kyrgyzstan
The European Commission has proposed a blanket ban on cryptocurrency transactions linked to Russia and new trade restrictions on Kyrgyzstan in an effort to close loopholes used by Moscow to fund its war in Ukraine.
U.S. Targets Hezbollah Ties to Gold Exchange and Financiers
The U.S. Treasury Department imposed sanctions on a Lebanon-based gold exchange company and a network of individuals behind a procurement and commodities shipping scheme purportedly tied to Hezbollah.
OFAC Lets U.S. Firms Supply Equipment and Tech for Venezuela Oil
The Trump administration on Tuesday authorized U.S. companies to supply Venezuela with equipment, technology, and other support for oil and gas production, issuing a new general license that expands what American firms can do in the country’s energy sector.
Two Wall Street Firms Continued to Work with Russian Oligarch Despite Sanctions
Two Wall Street firms continued to manage a trust held on behalf of Suleiman Kerimov even after the Russian oligarch was blacklisted under U.S. sanctions in 2018, Bloomberg reported Tuesday.
Trump Imposed Terrorist-Grade Sanctions on U.N. Rapporteur and ICC Staff
The Trump administration placed a U.N. human-rights expert and multiple International Criminal Court officials on a U.S. sanctions blacklist typically reserved for terrorists and major criminals, according to a Reuters investigation.
How Funny Money Helps Russia Skirt Western Sanctions
Fake banknotes resembling Monopoly money are being used to move rubles over borders as part of an effort to circumvent Western sanctions on the Russian Federation, according to new reporting by the Financial Times.
U.N. Exempts 17 Humanitarian Aid Projects from Sanctions on North Korea
A United Nations committee has approved exemptions from North Korea sanctions to allow a new round of humanitarian aid projects to proceed, Reuters reported on Friday, citing an unnamed diplomatic source.
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.