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James Cleverly, the UK's Foreign Secretary, has announced [https://www.gov.uk/government/news/uk-announces-new-sanctions-in-response-to-russian-sham-elections-in-ukraine] fresh sanctions in response to Russia's organized pseudo-elections in the occupied territories of Ukraine. Eleven new individuals will be added to the UK's sanctions list in light of Russia&
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Russian repair workshops and private technicians are experiencing a surge in demand, with service requests rising by 20-100% in the past year, depending on the type of device, CNews reports. This trend can be attributed to several factors, including the impact of the Russian war in Ukraine, as a result
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The Estonian government has voiced its support for a proposal within the European Union's twelfth package of sanctions, suggesting a full trade embargo with Russia. Estonian Minister of Foreign Affairs Margus Tsahkna stated that Tallinn is urging the European Union to impose a comprehensive trade embargo against Russia,
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Ingka, the owner of IKEA, has reached an agreement to sell its Russian portfolio of shopping centers, MEGA, to a subsidiary of Gazprombank, as stated in the company's announcement [https://www.ingkacentres.com/en/newsroom/ingka-centres-sells-its-russian-portfolio-of-shopping-centres/] . Delays in the asset sale were attributed to the scale of the
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Norway has now joined the list of countries implementing a ban on the entry of vehicles with Russian registration. The announcement [https://www.regjeringen.no/en/aktuelt/norway-is-tightening-its-restrictive-measures-against-russia/id2996416/] comes from the country's Ministry of Foreign Affairs. This ban went into effect on October 3. The ban specifically
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Binance has finalized an agreement to divest its entire Russian operations [https://www.binance.com/en/blog/all/binance-fully-exits-russia-with-sale-to-commex-8578760889994024403] to CommEX, marking the culmination of its exit strategy from the Russian market. In a concerted effort to ensure a seamless transition for its existing Russian user base, the off-boarding process
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Microsoft has announced that it will no longer extend licenses for Russian companies beyond October 1, as reported by TelecomDaily with reference to TASS. September 30th marked the final day when Russian corporate clients of Microsoft had the opportunity to renew official licenses for the company's products. While
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The US Department of Justice (DOJ) has intensified its investigation into Credit Suisse Group and UBS Group AG over potential compliance failures that enabled Russian clients to evade sanctions. The investigation, which began with subpoenas to several banks earlier this year, now focuses primarily on Credit Suisse. The DOJ'
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Packaging and paper manufacturer Mondi Group has announced the sale of its last remaining plant in Russia, Mondi Syktyvkar, to Sezar Invest LLC for 80 billion rubles (775 million euros). This decision comes amid controversy as Mondi Group faced accusations of indirectly sponsoring the war due to its continued business
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India has expressed concerns about the oversupply of diamonds in its market and has requested that the Russian diamond mining company ALROSA temporarily halt its diamond raw material shipments. This decision was announced by the Gem & Jewellery Export Promotion Council of India (GJEPC), India's regulatory body for
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Canada has announced [https://www.international.gc.ca/world-monde/issues_development-enjeux_developpement/response_conflict-reponse_conflits/crisis-crises/ukraine-sanctions.aspx?lang=eng] the imposition of sanctions on 63 Russian individuals and entities in response to the visit of Ukraine's President, Volodymyr Zelensky. According to the Canadian Prime Minister, the sanctioned
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South Korea has issued a warning [https://en.yna.co.kr/view/AEN20230915003300325?section=news] that it may consider unilateral sanctions against Russia after the meeting between North Korean leader Kim Jong Un and Russian President Vladimir Putin raised concerns about military cooperation between the two nations. South Korean Foreign