UK and allies sanction leader of Russian ransomware group
The U.K., U.S., and Australia announced sanctions on the Russian leader of the cyber-crime gang, LockBit, the U.K.'s National Crime Agency (NCA) announced on May 7.
The U.K., U.S., and Australia announced sanctions on the Russian leader of the cyber-crime gang, LockBit, the U.K.'s National Crime Agency (NCA) announced on May 7.
A Russian court canceled the seizure of some of JPMorgan funds in Russia as part of a lawsuit with the Russian state-owned bank VTB, Reuters reported on May 2.
The U.S. imposed new sanctions on May 1 against nearly 300 companies and individuals in Russia and third countries, including Chinese companies, for aiding Moscow's war effort, the Treasury Department announced.
Nikolay Grigorev, a 36-year-old Brooklyn resident, pleaded guilty to shipping components to companies affiliated with the Russian military. Co-defendants Nikita Arkhipov and Artem Oloviannikov remain at large, the statement read.
The U.S. Senate on April 30 voted unanimously to approve legislation banning imports of enriched uranium from Russia. The legislation will now advance to the White House, where U.S. President Joe Biden must sign the bill in order for it to become law.
Some Chinese banks Major Chinese are limiting payments for transactions with Russia due to concerns about U.S. sanctions, Reuters reported on April 29, citing unnamed trading and banking sources familiar with the matter.
Nearly 40% of sales at Russia's largest aluminum producer, Rusal, are at risk due to sanctions imposed by the U.S. and U.K., Bloomberg reported on April 16.
India will receive two Russian-made warships in the next few months as the two countries work around U.S. sanctions that have complicated purchases of Russian arms, unnamed Indian officials told Bloomberg.
Ost-West Handelsbank has been removed from the list, according to the information on the office's website. The names under which the bank used to operate earlier – VTB Bank Deutschland and VTB Bank Europe – were also struck down.
The move was likely spurred by the announcement of new U.S. sanctions against the Russian National Payment Card system (NSPK) in February 2024, which coincided with the second anniversary of the full-scale war and the death of Russian opposition leader Alexei Navalny at a penal colony in Russia.
A new U.S. sanctions package against Russia may threaten Russian oil exports to India, a major source of funding for its invasion of Ukraine, Reuters reported on Feb. 28.
“Today, I am announcing more than 500 new sanctions against Russia for its ongoing war of conquest on Ukraine and for the death of Aleksei Navalny, who was a courageous anti-corruption activist and Putin’s fiercest opposition leader,” U.S. President Joe Biden said in a statement published by the White House.
U.S. President Joe Biden said on Feb. 22 he will announce sanctions against Russian leader Vladimir Putin in response to the death of Russian opposition figure Alexei Navalny.
The White House says it is preparing “major sanctions” against Russia in response to opposition leader Alexei Navalny’s murder in an Arctic penal colony late last week, U.S. National Security Council spokesperson John Kirby said on Feb. 20.
This comes shortly after the EU proposed to include similar measures in its 13th sanctions package, making it the first time the European bloc has directly targeted entities in mainland China.
Editor’s Note: This op-ed was published by Atlantic Council. It is republished here with permission. With Russian troops massed along Ukraine’s borders and Vladimir Putin threatening a potentially devastating new invasion of the country, the drumbeat of Kremlin propaganda is also becoming noticeably louder. This is no surprise.