Tag: Sanctions
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About 90 companies to be included in new package of sanctions against Russia
[ad_1] BAKU, Azerbaijan, Might 20. The EU will embrace greater than 90 firms from world wide within the eleventh bundle of sanctions towards the Russian Federation as a part of the battle towards bypassing restrictions already in place towards Russia, European Fee President Ursula von der Leyen informed ZDF TV firm, Development stories. “We’re critical…
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Hungary holds up EU sanctions on jailers of Russian dissident
[ad_1] Hungary is obstructing EU sanctions on the jailers of Russian dissident Vladimir Kara-Murza, amid a wider dispute involving its Russian banking arm. EU ambassadors had all however agreed on a listing of Russian officers to blacklist for sending Kara-Murza to a penal colony for 25 years in April — a de facto demise sentence…
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Details emerge of first-ever EU sanctions on corruption
[ad_1] New EU sanctions towards overseas kleptocrats ought to consider the dimensions of bribes taken and be determined by majority, as an alternative of unanimity, particulars of the proposals say. The measures are a part of wider efforts to crack down on graft, together with a brand new ethics physique to supervise EU establishments, introduced…
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Oilfield firm SLB retrenches as Russia sanctions squeeze: report
[ad_1] SLB has made a number of operational and structural modifications to maintain its Russian enterprise in compliance with Western sanctions on oil tools and know-how transfers, because it goals to experience out efforts to curb Russia’s use of vitality to finance its battle efforts. SLB, the world’s largest oil providers and tools supplier, final…
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Brussels eyes export curbs to close Russian sanctions loophole
[ad_1] Brussels is discussing restrictions on sure EU exports to international locations that it suspects are re-exporting sanctioned merchandise to Russia, in an effort to forestall crucial elements from ending up on the Ukrainian battlefield. The European Fee has privately examined a authorized mechanism that will allow it to limit gross sales of a slim…
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British American Tobacco To Pay $635 Million For Violating North Korea Sanctions
[ad_1] British American Tobacco would pay over $600 million for violating North Korea sanctions imposed by US. Washington: British American Tobacco has agreed to pay greater than $600 million to settle prices it bought cigarette supplies to North Korea for years in violation of US sanctions, the US Justice Division introduced Tuesday. In essentially the…
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Syrian Official Says US Imposes Sanctions to Steal Nations’ Assets and Exert Control – Economics Bitcoin News
[ad_1] The Syrian overseas minister says the U.S. imposes sanctions on Syria and Russia to steal their property and preserve them underneath its hegemony. The U.S. is “the most important beneficiary of wars and fueling world conflicts, with the intention of sustaining the dominance of the greenback within the world economic system and commerce,” stated…
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G7 vows to intensify sanctions on Russia over war in Ukraine
[ad_1] Article content material KARUIZAWA, Japan — Group of Seven overseas ministers vowed to accentuate sanctions in opposition to Russia over its conflict in Ukraine as they wrapped up their assembly in Japan on Tuesday. “We stay dedicated to intensifying sanctions in opposition to Russia, coordinating and totally imposing them,” the G7 ministers stated in…
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US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony – Economics Bitcoin News
[ad_1] U.S. Treasury Secretary Janet Yellen talked concerning the risks that sanctions based mostly on the U.S. greenback would possibly pose for the hegemony of the forex in worldwide markets. In response to Yellen, the federal government tries to make use of sanctions “judiciously,” as they’ll create a need to seek out alternate options to…
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Names thrown in hat for next EU sanctions on Russia
[ad_1] EU international locations are going through strain to strike a “hammer blow” towards Russia with new sanctions after their final “mosquito chunk”. Concepts for what to blacklist within the eleventh spherical of anti-war measures are already being whispered by diplomats to the European Fee in Brussels in conferences known as “confessionals” in EU jargon.…