Economy
In a significant legal breakthrough, a New York court has leveled serious charges against three individuals involved in a complex smuggling operation, ultimately benefiting the Russian military. Salimjon Nasridinov, a US citizen, along with Nikolai Goltsev and Kristina Puzyreva, both Canadian citizens of Russian origin, stand accused of smuggling electronics
Economy
On a quiet Monday morning, the tranquility in France was disrupted when authorities took Russian oligarch, Alexey Kuzmichev, into custody, sparking a series of events that sent ripples through the international community. The arrest, predicated on suspicions of tax fraud and violating European Union (EU) sanctions, has drawn attention to
Economy
In a significant development unfolding within the European Union, Ursula von der Leyen, the President of the European Commission, confirmed during a press conference in Brussels that the EU is currently working on its 12th sanction package against Russia. This upcoming package is set to include a critical element – a
Economy
In a significant development amidst ongoing international tensions, German authorities have arrested a central German entrepreneur on suspicion of supplying Russia with engines for Orlan-10 drones, in violation of sanctions. The suspect is currently under investigation. The Frankfurt Prosecutor's Office and the Main Customs Office in Bonn provided
Economy
On the night of October 25th, the quiet atmosphere in the Khmelnytsky region was disrupted by the ominous sound of drones in the sky. In a somber address, Ukrainian President Volodymyr Zelensky confirmed the fears of many: the Khmelnytsky Nuclear Power Plant (NPP) had been targeted. "The city of
Worldwide
In a stunning turn of events, Ukrainian President Volodymyr Zelensky has forced the Russian leadership to announce the creation of a new base for their Black Sea Fleet, effectively pushing the Russian naval presence out of the Western part of the Black Sea. This historic achievement by the Ukrainian Armed
Worldwide
The United States and the European Union are collaborating and mobilizing international partners to weaken Russia's economic ability to maintain and develop its military-industrial complex and continue its aggressive war against Ukraine. This collaborative effort aims to safeguard Ukraine's territorial integrity, sovereignty, and independence by targeting
Worldwide
The European Commission and EU member states have resumed discussions on the 12th package of sanctions against Russia, signaling a renewed effort to address the ongoing war in Ukraine. These consultations are set to take place over the weekend, with a focus on ironing out the details of the sanctions
Worldwide
This week, G7 nations are set to deliberate on four proposals for banning Russian diamonds from the markets of the "Group of Seven" starting from January 1. These proposals range from self-regulation to stringent import measures, revealing the discord that has made reaching a consensus on the ban
Worldwide
The Estonian government has given its approval to a bill that will be sent to parliament, amending the International Sanctions Act. This amendment outlines the domestic rules for utilizing frozen assets of individuals under sanctions to compensate for the damage caused by Russia's war in Ukraine. According to
Worldwide
In a collective effort, G7 countries have frozen approximately $280 billion in Russian assets with a commitment to maintain this freeze until Russia compensates Ukraine for the damage inflicted during the war. This resolute stance is articulated in a joint statement [https://www.consilium.europa.eu/en/press/press-releases/2023/
Worldwide
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&