Worldwide
The United Kingdom has announced [https://www.gov.uk/government/news/uk-announces-new-sanctions-in-response-to-russias-forced-deportation-of-ukrainian-children] sanctions against 14 Russians, 11 of whom are believed to be involved in the unlawful deportation of Ukrainian children. > “Today’s sanctions hold those who prop up Putin’s regime to account, including those who would see
Worldwide
Japan has decided to expand the ban on exporting vehicles to Russia, extending the sanctions to include the supply of used cars to the aggressor country. Kyodo reports [https://english.kyodonews.net/news/2023/07/b1ce5b70e140-japan-to-expand-russia-automobile-export-ban-in-line-with-g-7-peers.html] that the relevant restrictions will take effect from August 9. In April 2022,
Worldwide
One of Switzerland's largest banks, Julius Baer, has issued a warning to its clients residing in Russia about the upcoming closure of their accounts. The bank informed clients that all business relations will be terminated no later than December 31, according to the message. Additionally, all transactions and
Worldwide
Orion Pharma, a Finnish pharmaceutical company, has announced its exit from the Russian market after 15 years of operations. The decision was revealed in the company's report [https://www.orion.fi/en/newsroom/newsroom-listing/releases/stock-releases/2023/orion-group-half-year-financial-report-162023/] for the first half of 2023, citing a 33.5%
Worldwide
Swedish personal hygiene products manufacturer Essity, known for its popular Zewa toilet paper, Libresse sanitary pads, and Libero diapers, has officially left the Russian market [https://www.essity.com/media/press-release/essity-has-exited-the-russian-market/13ed54a1aedb2ef7/] . The company completed the sale of its Russian business for SEK 1.2 billion to Russian billionaire
Worldwide
The European Council has decided to extend [https://www.consilium.europa.eu/en/press/press-releases/2023/07/20/russia-eu-renews-sanctions-over-russia-s-military-aggression-against-ukraine/?utm_source=dsms-auto&utm_medium=email&utm_campaign=Russia%253a+EU+renews+sanctions+over+Russia%25u2019s+military+aggression+against+Ukraine] economic sanctions against Russia for another six months, targeting
Worldwide
SLB, the world's largest oilfield services company, has announced that it is ceasing all product and technology deliveries to Russia from all of its facilities due to the expansion of Western sanctions. > The company's statement [https://www.slb.com/resource-library/updates/2023/update-on-slbs-russia-operations] reads, "
Worldwide
The official "MegaFon" app, belonging to the telecommunications operator, has been removed from Google Play. The link that previously directed users to the app in the store is now inactive as well. However, the app is still available on the App Store. In addition to the main "
Worldwide
Italy has frozen the assets of Russian oligarchs amounting to approximately $2.5 billion following Russia's invasion of Ukraine in February 2022. As part of the European Union's sanctions against the Kremlin and its supporters, Italy has seized assets including bank accounts, luxury villas, yachts, and
Worldwide
Apple has started blocking the ability to purchase subscriptions on Russian user accounts, according to iPhones.ru. This restriction applies specifically to subscriptions for software such as Logic Pro and Final Cut Pro for iPad. Users who had previously paid for these applications are receiving emails from Apple indicating an
Worldwide
In June, another thirteen international companies, including one of the world's largest tire manufacturers, Michelin Group, German company Bosch, and American chemical corporation 3M, exited the Russian market, according to a new report by the Kyiv School of Economics. The report reveals that a total of 254 international
Worldwide
The UK Foreign Secretary has announced plans to introduce a new sanctions regime targeting Iran, which would include restrictions on hostile activities, including military support to aggression. The statement [https://www.gov.uk/government/news/uk-steps-up-action-to-tackle-rising-threat-posed-by-iran] issued by the British Foreign Secretary highlights Iran's intensified campaign of targeting