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.'
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.
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 U.S. Treasury Department imposed sanctions on dozens of Russian banks, including Gazprombank, securities registrars, and financial officials, according to a Nov. 21 statement.
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 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.
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
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 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
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
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’s central bank canceled the banking license of American Express Co.'s Russian subsidiary on Aug. 13, following the unit's voluntary liquidation request.
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
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.
The United States plans to impose new sanctions against Chinese entities that fuel Russia's war in Ukraine. Chinese banks may also be targeted.
The restrictions were imposed against Yuliya Pankratova and Denis Degtyarenko, the group's leader and a primary hacker, respectively.
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.
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.
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.
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.
"We're going to continue to drive up costs for the Russian war machine," White House spokesman John Kirby said on June 11.
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.
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.
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