"Evil Corp has used the Dridex malware to infect computers and harvest login credentials from hundreds of banks and other financial institutions in over 40 countries, resulting in more than $100 million in theft losses and damage suffered by U.S. and international financial institutions and their customers," said State Department spokesperson Matthew Miller.
Nikolai Patrushev, an advisor to Russian President Vladimir Putin, accused the West on Sept. 27 of attempting to isolate Kaliningrad Oblast by disrupting transportation links between the exclave and mainland Russia. Speaking at a meeting in Kaliningrad, a Russian exclave between Poland and Lithuania on the Baltic Sea, Patrushev claimed
The U.K. imposed sanctions on Sept. 25 against five vessels and two companies involved in the transportation of Russian liquefied natural gas (LNG) as it looks to exert more pressure on sources of revenue for the Kremlin, according to a statement. While LNG exports have been less heavily sanctioned
Returning from their summer recess, European Union leaders have a packed agenda. At the top of the list are strengthening the bloc’s readiness for conflict and bolstering its economic competitiveness. For decades, the EU relied on economic influence as a substitute for hard power. But in an era of
As the full-scale invasion continues, Western countries are imposing increasingly severe sanctions on Russia, forcing it to seek new partnerships with Asian powerhouses China and India.
Ukraine has imposed sanctions against six individuals and over 40 entities from Iran, China, and Russia.
"The U.S. remains strongly committed to leveraging all our available tools to disrupt this and other schemes intended to support Russia's war of aggression against Ukraine and enable (North Korea's) illicit access to the international financial system," said Treasury official Bradley Smith.
The International Monetary Fund's (IMF) planned visit to Russia has been "postponed indefinitely," Russian state-controlled news agency TASS reported on Sept. 17.
A group of 13 Ukrainian chess players has sent a letter to the International Chess Federation (FIDE), urging the continued ban on Russian and Belarusian players from competitions due to the ongoing invasion of Ukraine.
"Today's action underscores our concern about the consequences of anti-democratic actions in Georgia and efforts by key individuals to use violence and intimidation to achieve their aims," said Treasury official Bradley Smith.
Russia managed to import aircraft tires worth $30 million from Western and other foreign manufacturers last year despite sanctions, The Guardian reported on Sept. 12, citing a report from a Ukrainian agency it had obtained.
U.S. government legal actions targeting a network of Russian influence last week have exposed shortcomings in the country's laws designed to tackle the malign influence of foreign agents, experts told the Kyiv Independent. Treasury sanctions targeted leaders of Russian state-owned news outlet RT, formerly Russia Today, a media organization
The U.K. has sanctioned 10 Russian vessels that are part of the "shadow fleet" of ships that transport Russian oil around the world, the U.K. Foreign Office announced on Sept. 11.
China is supplying Russia with materials that directly boost Russia's war machine, and in return is receiving military technology support from Russia, U.S. Deputy Secretary of State Kurt Campbell told journalists on Sept. 10.
The three countries said that they have "privately and publicly been clear that we would take new and significant measures against Iran if the transfers took place."
Arctic LNG 2 was envisaged as Russia's largest LNG plant and a flagship project that was supposed to help the country become the world's leading LNG producer.
Dimitri Simes, once an adviser to former U.S. President Donald Trump, works as a presenter for Channel One Russia, a state-run television station sanctioned by the U.S. Treasury Department in May 2022.
The last IMF mission to Russia was in 2019, before the Covid-19 pandemic. "We were excluded from this process under pressure from our Western 'friends,' and there were no further missions in 2022-23," the IMF's Russian Executive Director Aleksei Mozhin said.
Ukraine has sanctioned 150 entities and individuals involved in Russia's aviation industry, President Volodymyr Zelensky said in his evening address on Sept. 1.
Russia has banned 92 individuals from entering the country, including journalists from The Wall Street Journal, The New York Times, and The Washington Post.
Banks in the United Arab Emirates (UAE) have been rejecting transactions from Russian companies for electronic components and consumer electronics from China since early August, the pro-Kremlin outlet Kommersant reported on Aug. 28.
"Money transfers through Russian banks, including Sberbank, Tinkoff, and MTS, have been suspended in both directions. This service is unavailable indefinitely," the bank's statement read.
Rosatom, the Russian state nuclear energy company, uses a Dutch subsidiary to move "hundreds of millions in profits," Dutch news outlet NOS reported, citing a report from Uranium One Cooperative.
Anna Tsyvilova has been sanctioned by both the United Kingdom and the European Union over her connections to Putin and her support for the invasion of Ukraine.
Much of the cash arrived in Russia via third-party countries such as the United Arab Emirates and Turkey, which have declined to join in such currency-related sanctions against Russia.
The missile that struck Okhmatdyt, Ukraine’s largest children’s hospital, on July 8 was manufactured in Russia only weeks, and possibly days, before the attack, the Conflict Armament Research (CAR) investigative outlet reported.
The British sanctions list includes Denis Tolstenkov, Andrei Palchyk, Filip Sturchanka, and Aleksey Lazarenko, the heads of four Belarusian penal colonies where political prisoners and activists are illegally detained.
Russia and China are discussing the possibility of a barter trade, with the first deal involving agriculture expected as early as this autumn, Reuters reported on Aug. 8, citing three undisclosed trade and payment sources.
The new measures are designed to prevent sanctioned goods from entering Russia, the ERR public broadcaster reported.
The Russian sailing frigate Shtandart arrived in the port city of La Rochelle overnight on Aug. 6 to replenish supplies and refuel, the source told AFP. The same day in the afternoon, the Standart departed in an unclear direction, the news agency wrote.
China adjusted its export controls on military drones amid growing criticism from the U.S. and its allies over support for Russia's war efforts in Ukraine.
Gazprom's revenue fell by 30% last year with a net loss of $6.9 billion, the largest in 25 years.
