Britain removes Turkish company from sanctions list
Active Shipping has been removed from UK’s sanctions list for 1 year as part of the sanctions imposed on Russia. The UK Treasury said that the company was being removed from the list and was no longer subject to an asset freeze. Following the presidential decree that revealed US could initiate sanctions against financial institutions […]
EU will sanction 9 individuals in Congo
European Union is expected to sanction nine individuals in connection with violence in the Democratic Republic of Congo. The sources close to the list did not identify those who would be listed because of the practice of not disclosing such details before sanctions are formally approved. EU foreign ministers are expected to approve the sanctions. […]
EU to remove 4 Russian nationals from sanctions list
Hungary lifted its objection to the EU’s renewal of sanctions on Russian individuals and entities after several names were taken off the list. After a week of haggling, EU ambassadors reached a compromise over the six-month extension of the EU’s individual sanctions framework after Budapest removed its blockage. Hungary had initially sought to remove eight […]
Iranian Petroleum Minister is in sanctioned people list
The US Treasury Secretary, in announcing sanctions on Iran, said that Iran continues to use revenues from its vast oil resources to ‘advance its narrow and alarming interests’. The US Treasury Department on Thursday announced that it sanctioned the Iranian petroleum minister: “The Department of the Treasury’s Office of Foreign Assets Control is designating Iran’s […]
US sanctions Foxtrot Network
The United States announced they are sanctioning the Foxtrot Network, a transnational criminal organization, and its fugitive leader, Rawa Majid. The Foxtrot Network is a notorious criminal gang based in Sweden and a prominent drug trafficking organization in the region. The group is involved in arms trafficking and contributes to rising violence in Northern Europe, […]
Switzerland lifts some sanctions against Syria
Switzerland lifted the measures against the Syrian energy and transportation sectors, as announced by the Federal Council. Certain financial services and banking relationships are also permitted again. The suspension of sanctions is intended to support a peaceful and orderly political transition process in Syria. The remaining provisions of the Ordinance on Measures against Syria, including […]
Trump threatens to impose ‘large scale’ sanctions on Russia until a peace agreement with Ukraine is reached
After weeks of distancing the U.S. from Ukraine, President Donald Trump threatened to impose expanded ‘large scale’ sanctions and tariffs on Russia until it reaches a peace agreement with Ukraine. Trump’s statement in Truth Social is as follows: “Based on the fact that Russia is absolutely ‘pounding’ Ukraine on the battlefield right now, I am […]
US Sanctions China-Based Hacker and Data Broker
The Department of Justice unsealed indictments charging Zhou Shuai and Yin Kecheng, eight employees of i-Soon, a Chinese technology company, and two officers of China’s Ministry of Public Security (MPS) with a variety of hacking-related offenses. Further, the Diplomatic Security Service’s Rewards for Justice Program (RFJ) is offering up to $10 million for information on […]
USA sanctions South Africa
US President US President Donald Trump stated that farmers in South Africa are mistreated and said, “South Africa treats long-term farmers in the country horribly. They are confiscating their land and farms and it is much worse than that. It’s a bad place to be right now and we’re stopping all federal funding,” he said. […]
UK lifts sanction on 24 entities of Syria
The UK Foreign Office spokesperson said in a written statement that sanctions on 24 Syrian entities, including the Central Bank of Syria, Syrian Arab Airlines and energy companies, which were previously used to finance the Assad regime’s repression of the Syrian people, have been lifted. ‘This underscores our determination to help the Syrian people rebuild […]