“Enforcement of the price cap on Russian oil is a top priority for the United States and our coalition partners,” said Deputy Secretary of the Treasury Wally Adeyemo.
It was only a slight increase from the amount the Swiss government announced in December 2022, $8.5 billion.
Cypriot President Nikos Christodoulides told the Associated Press on Nov. 20 that he had invited financial crime experts from an unnamed third-party country to assist with investigations into the use of Cyprus as a means of circumventing sanctions against Russia.
The existing sanctions against Russia simultaneously do not go far enough and are under-enforced, the European Parliament wrote in a statement about a resolution adopted on Nov. 9.
A U.S. court indicted seven individuals and three companies for their alleged role in the transportation of dual-use technologies to Russia, according to a press statement released by the Department of Commerce's Bureau of Industry and Security (BIS) on Nov. 7.
Editor’s Note: This story is the result of an investigation by StateWatch, a Ukrainian expert organization advocating for the principles of good governance, into how Ukraine imposes sanctions against high-profile pro-Russian individuals, many of whom are under sanctions in the U.S., UK or EU. The author, Hlib Kanevsky,
No nation can single-handedly cover all of Ukraine's reconstruction needs, and nor should it be expected to, considering the existence of frozen Russian assets worth billions worldwide. These funds will serve as the primary source for Ukraine’s recovery. To better grasp the situation, it is worth examining the numbers.
Last week, the U.K. co-hosted the Ukraine Recovery Conference in London. Held on June 20-21, the event was dedicated to mobilizing the public and private sectors for Ukraine’s recovery. While a lot of brilliant plans were voiced, the elephant in the room remained the question of who will
Hundreds of potential international investors met with top Ukrainian and Western officials in London in late June to discuss how to rebuild the country, ravaged by Russia’s war. Those attending the Ukraine Recovery Conference (URC) were unanimous — Russia should foot the bill. Said bill is devastatingly large. Ukraine needs
Destroyed apartments, burnt-out cars, lives upturned or extinguished altogether: Russia’s June 13 missile attack on the city of Kryvyi Rih was, in many ways, nothing out of the ordinary for wartime Ukraine. The evening after the attack, which killed 13 civilians, President Volodymyr Zelensky came out in his daily
London-based American investor Bill Browder says people call him the “number one enemy” of Russian President Vladimir Putin and, more recently, an official “Friend of Ukraine.” Browder has spent the last 13 years campaigning to freeze Putin’s assets hidden in the West. Now, he’s fighting for them to
The U.S. Department of the Treasury updated its list of sanctioned individuals on Jan. 20 by including four Ukrainian pro-Kremlin politicians to its Specially Designated Nationals and Blocked Persons List. The Kremlin-linked individuals were sanctioned because they “engaged in Russian government-directed influence activities to destabilize Ukraine,” according to the
As Ukraine is encircled by Russian forces, it’s relying on Western allies to send weapons or threaten Russia with extreme sanctions to hold an invasion at bay. Many people in the German government don’t want to do either. This weakens the West’s threat of economic retaliation and
Republican Senator Ted Cruz and Democratic Senate Majority Leader Chuck Schumer have reached an agreement to confirm more than 36 nominees for ambassadorships and senior positions in exchange for a vote on renewed sanctions on Russia’s Nord Stream 2 project. According to American publication Politico, the deal struck on
The U.S. imposed sanctions on Oleksandr Tupytskyi, chairman of the Constitutional Court of Ukraine, and Andriy Portnov, a former ally of pro-Kremlin Ex-President Viktor Yanukovych, on Dec. 9. Both were accused of engaging in corrupt practices including bribery, illicit influence over reforms and the judiciary, and misappropriation of assets.