US asks Panama to strip flags from Iranian ships sanctioned by Washington
PANAMA CITY (Reuters) – The United States has asked Panama to ban Iranian vessels sanctioned by Washington from using its flag, U.S. State Department special envoy Abram Paley said on Wednesday. Paley…
Two Men Found Guilty of Conspiracy to Sell Sanctioned Iranian Petroleum
Zhenyu “Bill” Wang, 42, of Dallas, and Daniel Ray Lane, 42, of McKinney, Texas, were convicted at trial on Nov. 15 on charges of attempting to violate the International Emergency Economic Powers…
Analysis-China saves billions of dollars from record sanctioned oil imports
By Chen Aizhu and Muyu Xu SINGAPORE (Reuters) – China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters’…
UAE mulls export controls on items sanctioned by US, EU – Bloomberg
(Reuters) – The United Arab Emirates is considering introducing export licenses for a list of items including chips and other components sanctioned by the U.S. and European Union and used by Russia’s…
US charges two founders of sanctioned virtual currency mixer Tornado Cash with money laundering
By Christopher Bing and Zeba Siddiqui (Reuters) -The United States on Wednesday indicted Roman Semenov and Roman Storm, two co-founders of the virtual currency mixer Tornado Cash, for their involvement with the…
UC Berkeley Failed To Disclose $220 Million Deal That Benefitted Sanctioned Chinese Companies: REPORT
UC Berkeley Failed To Disclose $220 Million Deal That Benefitted Sanctioned Chinese Companies: REPORT Philip Lenczycki on May 23, 2023 A California university did not report hundreds of millions of dollars in…
US Calls For Crackdown On ‘Ghost’ Ships Carrying Sanctioned Oil
US Calls For Crackdown On ‘Ghost’ Ships Carrying Sanctioned Oil John Hugh DeMastri on May 18, 2023 The U.S., alongside the U.K., Denmark and others, called for increased scrutiny of oil transfers…
Winn-Dixie sanctioned in Keurig US antitrust case
By Mike Scarcella (Reuters) – A U.S. magistrate judge said food retailer Winn-Dixie Stores Inc should be punished for failing to follow court orders in its U.S. lawsuit accusing coffee maker Keurig…
Chevron-chartered tanker involved in collision with sanctioned vessel in Venezuela
HOUSTON (Reuters) – A Liberia-flagged oil tanker chartered by Chevron Corp had a minor collision with another vessel, the Bueno, in Venezuelan waters on Sunday, according to sources and a shipping report…
Meta, law firm Gibson Dunn sanctioned in Facebook privacy case
By Andrew Goudsward (Reuters) – A U.S. judge on Thursday sanctioned Meta Platforms Inc and its law firm, Gibson, Dunn & Crutcher for “delay, misdirection and frivolous arguments” in a data privacy…
Sanctioned oligarch accuses U.S. of stealing his assets, vows to fight in Russian court
By Alexander Marrow MOSCOW (Reuters) – Konstantin Malofeyev, a Russian businessman who is under U.S. sanctions, on Thursday accused the United States of trying to steal $5.4 million of his assets, saying…
Associate Of Sanctioned Oligarch Indicted For Sanctions Evasion And Money Laundering
Damian Williams, the United States Attorney for the Southern District of New York, Andrew C. Adams, the Director of Task Force KleptoCapture, Ivan J. Arvelo, the Special Agent in Charge of the…
Texas may offer exit path for sanctioned financial firms
By Ross Kerber (Reuters) – A Texas official has offered big financial companies a potential avenue to leave an energy sanctions list if they drop out of corporate groups aiming to limit…
U.S. agents search New York properties linked to sanctioned Russian oligarch -NBC
NEW YORK (Reuters) – U.S. law enforcement agents on Thursday searched New York properties linked to Viktor Vekselberg, a sanctioned billionaire Russian oligarch, NBC New York reported, as Washington seeks to use…
Biden ‘Science Integrity’ Czar Sanctioned For Violating Scientific Integrity Rules
Biden ‘Science Integrity’ Czar Sanctioned For Violating Scientific Integrity Rules John Hugh DeMastri on August 16, 2022 White House climate aide Jane Lubchenco was sanctioned by the National Academy of Sciences (NAS)…
Sanctioned Venezuelan staves off auction of New York City apartment
By Luc Cohen NEW YORK – A Venezuelan media mogul sanctioned by the United States said he has received permission from Washington to make the payments necessary to avoid losing a luxury…
Sberbank CFO among latest senior resignations at sanctioned Russian lender
(Reuters) – Three board members of Russia’s Sberbank have left their posts, the bank said on Tuesday, the latest in a flurry of senior departures from the state-owned lender since Moscow sent…
Another Sberbank executive leaves the sanctioned Russian lender
(Reuters) – Russia’s dominant lender Sberbank said on Monday one of its senior vice presidents had left, the latest executive to resign since Moscow sent troops into Ukraine in February. Andrey Shemetov,…
Wells Fargo says its software was used for transactions with sanctioned entities
(Reuters) – Wells Fargo & Co has disclosed to the Office of Foreign Assets Control that certain foreign banks used its software to conduct transactions with sanctioned entities, the bank said in…
Deloitte, partner fined and sanctioned over Mitie audit
LONDON – Deloitte and audit partner John Charlton have been fined and severely reprimmanded over a 2016 audit of Mitie, a British outsourcing company, the Financial Reporting Council (FRC) auditing watchdog said…
$90 Million Yacht of Sanctioned Russian Oligarch Viktor Vekselberg Seized by Spain at Request of United States
WASHINGTON – Spanish law enforcement today executed a Spanish court order freezing the Motor Yacht (M/Y) Tango (the Tango), a 255-foot luxury yacht owned by sanctioned…
Sanctioned Russian bank VTB sees strong demand for gold bars
(Reuters) – Russia’s second-largest lender VTB, hit by Western sanctions over Moscow’s actions in Ukraine, has sold one tonne of gold to customers this month and expects demand to increase, the state-controlled…
Sanctioned or not, Russians abroad find their money is ‘toxic’
By Kirstin Ridley, Brenna Hughes Neghaiwi and Danielle Kaye LONDON/ZURICH/NEW YORK – Yevgeny Chichvarkin, a telecoms tycoon who fled Russia in 2008 and became a high-profile London restaurateur, has long been a…
Russian cenbank says client funds in sanctioned banks are secure
MOSCOW – Clients’ funds held by Russian banks that were hit with new Western sanctions are secure and are not affected by the sanctions, Deputy Central Bank Governor Vladimir Chistyukhin said on…
Russian sanctioned banks report enough liquidity to meet clients’ demands
MOSCOW – Russian banks sanctioned by the West have enough liquidity to meet clients’ demands and are doing everything possible to calmly make it through this volatile period, the banks said in…
Biden says VTB, other Russian banks to be sanctioned
WASHINGTON – U.S. President Joe Biden said on Thursday that Russia’s second largest lender VTB is among the Russian banks that will be sanctioned as a result of the conflict with Ukraine.…
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