Putin changes Russian gas payment laws after US sanctions Gazprombank
According to Putin's new law, gas purchases are no longer tied to Gazprombank and can be settled by offsetting mutual debts. The U.S. sanctioned Gazprombank on Nov. 21.
US sanctions
Russia's ruble sinks to 2022 March levels after US sanctions on Gazprombank
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.
US imposes sanctions on over 50 Russian banks, including Gazprombank
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.
Ukraine says it struck airfield and 'largest explosives factory' in Russia
The source told the Kyiv Independent the drones targeted the large state-owned Sverdlov Plant in the city of Dzerzhinsk in the Nizhny Novgorod region, some 900 kilometers deep into Russia.
Iran delivers satellites to Russia for rocket launch, media reports
Iran has delivered two domestically manufactured satellites to Russia for an upcoming launch, the semi-official Tasnim news agency reported on Oct. 12. This marks the latest instance of space collaboration between the two nations, both of which are under U.S. sanctions.
US-sanctioned ex-Ukrainian official wins defamation lawsuit against media, including Kyiv Independent
The Shevchenkivskyi District Court in Kyiv on Sept. 23 ruled in favor of Andriy Portnov, a former top official in ex-President Viktor Yanukovych’s administration, in a defamation case against several news outlets, including the Kyiv Independent. Portnov challenged a reference to him as a “pro-Russian” politician and a person
Commentator for Russian state TV charged with violating US sanctions
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.
Chinese banks curb Russian transactions as US sanctions bite
Chinese banks are shutting down transactions with Russia over worries about losing access to the U.S. dollar and being cut off from the international financial markets, experts told the Kyiv Independent. The U.S. issued an executive order in December 2023 warning that it would sanction any foreign financial
Ukraine war latest: US provides military aid, Norway to finance production of shells in Ukraine
Key developments on Aug. 23: * Ukraine withdraws from positions near Pokrovsk to avoid Russian encirclement, ISW says * Ukraine confirms sinking of Russian ferry in Kerch Strait * U.S. targets around 400 individuals, entities in Russia, third countries in new sanctions package * Norway to finance production of NATO-standard artillery shells in
US targets around 400 individuals, entities in Russia, third countries in new sanctions package
The U.S. Treasury Department imposed sanctions on around a dozen distinct networks, designating more than 100 targets across 16 jurisdictions, including China, Switzerland, Turkey, and the United Arab Emirates. They help Russia to evade sanctions, the Treasury said.
Russia revokes banking license of American Express subsidiary
Russia’s central bank canceled the banking license of American Express Co.'s Russian subsidiary on Aug. 13, following the unit's voluntary liquidation request.
As Ukraine banks on its young tech startups, Western banks are cutting them off
It was the night before Alyona Mysko’s birthday when she got the word from her financial manager. The founder of software company Fuel that provides financial planning for startups, Mysko was, she says, still working at home in Kyiv well into the night of July 22 when she learned
US official tasked with imposing Russian sanctions to join Harris campaign as first major hire, Axios reports
Brian Nelson, the U.S. Treasury Department's lead official tasked with imposing and enforcing sanctions against Russia, is preparing to leave the Biden administration to join Vice President Kamala Harris' presidential campaign, Axios reported on July 30.
US preparing new sanctions against China for supporting Russia's war efforts
The United States plans to impose new sanctions against Chinese entities that fuel Russia's war in Ukraine. Chinese banks may also be targeted.
US imposes sanctions against Russian hacktivist group Cyber Army of Russia Reborn
The restrictions were imposed against Yuliya Pankratova and Denis Degtyarenko, the group's leader and a primary hacker, respectively.
US bans Kaspersky antivirus software due to 'national security risk'
The Biden administration announced a ban on Kaspersky antivirus software on June 21, citing national security concerns due to the company's links with Russia.
US to ban sales of Kaspersky antivirus software, Reuters reports
The Biden administration will soon announce a ban on Kaspersky antivirus software due to its alleged ties to the Russian government, Reuters reported on June 20.
Moscow Exchange suspends trading in dollars, euros
A new tranche of U.S. sanctions against Russian financial institutions forcibly suspended the trade of dollars and euros on the country's main trading hub, the Moscow Exchange.
US sanctions pro-Russian Moldovan governor
The U.S. has imposed sanctions on Evghenia Gutul, the governor of Moldova's Gagauzia region, for her ties to pro-Russian oligarch and politician Ilan Shor, the U.S. Treasury announced on June 12.
US to announce new Russia sanctions at G7 summit
"We're going to continue to drive up costs for the Russian war machine," White House spokesman John Kirby said on June 11.
US imposes sanctions on Russians who helped transport weapons from North Korea to Russia
With Russia's military stocks running low and domestic production capacity simultaneously hampered by Western sanctions, North Korea has been shaping up as Russia's leading weapons supplier, reportedly providing Moscow with extensive military packages, including ballistic missiles and over 3 million artillery shells.
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.
Reuters: Russian court cancels confiscation of some JPMorgan assets in dispute with Russian bank
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.
US sanctions Russia, Chinese companies for war effort support
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.
New York businessman pleads guilty to attempting to sell drone parts to Russia despite sanctions
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.
US Senate approves ban on Russian uranium imports
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.
Reuters: Chinese companies go 'underground' on Russia payments
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.
Bloomberg: Russian aluminum company could lose 36% of sales due to sanctions
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.
Bloomberg: India set to receive Russian warships despite sanctions
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.
US lifts sanctions against former European branch of Russia's VTB Bank
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.
Samsung Pay will stop working with Russian Mir cards in April
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.
Reuters: US sanctions may threaten Russian oil sales to India
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.
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