Zelensky announces new sanctions on Russian financial sector
President Volodymyr Zelensky signed a decree on Jan. 13 imposing new sanctions on the Russian financial sector. The sanctions target 140 distinct entities.
President Volodymyr Zelensky signed a decree on Jan. 13 imposing new sanctions on the Russian financial sector. The sanctions target 140 distinct entities.
Three sanctioned tankers carrying over 2 million barrels of Russian crude oil are floating off China's coast after they were hit by fresh U.S. sanctions last week, Bloomberg reported on Jan. 13.
"The towing convoy is moving eastwards to a position northeast of Cape Arkona (Rügen)," Germany's Central Command for Maritime Emergencies (CCME) said, referring to the German island in the southwestern part of the Baltic Sea.
The new measures targeted individuals and entities from Russia, China, the United Arab Emirates, Kazakhstan, Kyrgyzstan, Thailand, Turkey, and North Korea.
The U.S.'s planned sanctions would aim at targeting tankers carrying Russian oil above the imposed price cap and individuals working in schemes to sell crude above the cap, Reuters reported.
While the diamond industry markets itself as a beacon of luxury, the complex web of global trade hides dark, brutal reality. Despite sanctions and growing scrutiny, Russian diamonds continue to enter the global market, funding Moscow’s war against Ukraine.
The declaration comes after President Volodymyr Zelensky confirmed during a press conference on Dec. 19 that Ukraine would not extend the transit agreement for Russian gas through its territory, which is set to expire on Dec. 31.
According to reports, 14 crew members were rescued, and two remain missing.
The U.S. is planning to impose additional sanctions on Russian oil by the end of the year, particularly targeting Russia's so-called "shadow fleet," Vladyslav Vlasiuk, the Ukrainian president’s commissioner for sanctions, told public broadcaster Suspilne on Dec. 23.
Ukraine has said it will not extend the transit agreement for Russian gas through its territory, set to expire on Dec. 31.
Orban "surprised" his fellow EU leaders by deciding to block the extension during a summit in Brussels on Dec. 19 in what is considered a "routine" step, Bloomberg wrote.
South Korea imposed sanctions on 11 individuals and 15 entities "engaged in illegal military cooperation between Russia and North Korea," the South Korean Foreign Ministry said in a statement on Dec. 17.
Russia uses Western sniper rifles and ammunition despite sanctions, obtaining the arms via third-party countries, according to a joint media investigation published by The Insider on Dec. 11.
Russia's Comprehensive Program for the Development of the Air Transport Industry until 2030 envisioned producing 1,032 passenger aircraft between 2022 and the end of the decade.
EU ambassadors agreed on a 15th package of sanctions against Russia, the Hungarian Presidency of the Council of the EU announced on Dec. 11.
Although no concrete decisions have been made on the potential sanctions, sources familiar with the discussions told Bloomberg that a number of avenues are being explored, including sanctions on Russia's so-called 'shadow fleet.'
The latest round of sanctions imposes asset freezes on five individuals involved in the illicit gold trade, including the CEO of Paloma Precious, which has purchased more than $300 million of Russian gold.
The European Union has failed to approve its 15th sanctions package on Russia, which included an extension for Czechia to import Russian oil products through Slovakia, Reuters reported on Dec. 6, citing unnamed diplomatic sources.
Russia's largest airline Aeroflot plans to purchase five Boeing 737-800BCF freighters to disassemble for spare parts, Russian state media outlet Kommersant reported on Dec. 6. The planes are expected to be transferred to Aeroflot's low-cost subsidiary Pobeda, but converting them from cargo to passenger use under Western sanctions would be
Hungary has requested the United States to provide the country with a sanctions waiver to further continue payments for Russian natural gas imports through Gazprombank, Foreign Minister Peter Szijjarto said on Dec. 4.
The latest Western sanctions against 50 Russian banks forced Russian importers to use complex and underhand schemes to pay their Chinese sellers, the Moscow Times reported on Dec. 2, citing undisclosed business sources.
Russia’s ruble took a blow following the news of the U.S. imposing sanctions on 50 Russian banks, including Gazprombank, hitting 108 against the U.S. dollar during early morning trade on Nov. 27.
The United Kingdom sanctioned 30 oil tankers of Russia's "shadow fleet" that carried billions of dollars worth of oil and oil products last year, the government said on Nov. 25.
Luxury perfume seller David Crisp is alleged to have hidden over $2.1 million in illegal sales to Russia. He admitted on camera to "ignoring government edicts."
An American-made HIMARS artillery system races down a Ukrainian road as a kamikaze drone hunts it down. The drone flies into the vehicle, followed by an explosion. The scene was caught on video by a Russian reconnaissance drone in mid-November. The drone that hit the HIMARS was a Lancet — one
The U.S. Treasury Department imposed sanctions on dozens of Russian banks, including Gazprombank, securities registrars, and financial officials, according to a Nov. 21 statement.
Leaders of the Group of Seven (G7) released a statement reaffirming their "unwavering support for Ukraine for as long as it takes" and commitment to "severe costs" for Russia on Nov. 16.
About thirty Russian airlines, accounting for 26% of domestic passenger traffic, may go bankrupt in 2025, Russia's Izvestia newspaper reported on Nov. 13.
The fields supplying the plant pumped an average of 0.4 million cubic meters of gas per day in the first ten days of November, Bloomberg reported, citing a person with knowledge of industry data.
The U.K. government on Nov. 7 announced its largest package of sanctions against Russia since May 2023, focusing on the Russian defense industry and mercenary groups.
The recent limitations are applied to companies involved in sanctions evasion networks in 17 jurisdictions, including China, India, Malaysia, the United Arab Emirates (UAE), Thailand, and Turkey, according to the U.S. Treasury Department.
Gazprombank, one of Russia's largest banks that is also under heavy U.S. sanctions, is reportedly poised to acquire the Russian operations of the Auchan retail chain, according to sources cited by Le Monde on Oct. 25.