Trump says final Nippon Steel deal not yet approved, addresses Russia sanctions and foreign policy
WASHINGTON, D.C. — President Donald Trump told reporters Friday that the Nippon Steel acquisition is not finalized and requires his approval, while also commenting on sanctions legislation against Russia and the prospects…
New U.S. sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver
By Daphne Psaledakis and David Brunnstrom WASHINGTON -The United States on Wednesday imposed sanctions on dozens of people and entities, including a Russian commercial bank and a virtual currency mining company, hoping…
New UK trade sanctions hit Russian caviar and diamonds
LONDON -Britain ramped up trade sanctions on Russia, targeting luxury goods including caviar, silver and diamonds through import bans and higher tariffs, seeking to punish Moscow for its invasion of Ukraine. Latest…
China’s March alumina exports to Russia soar as sanctions over Ukraine bite
BEIJING – China’s alumina exports to Russia surged over 90 times in March from the same period a year earlier, customs data showed on Wednesday, as sanctions against Russia for its invasion…
Russia to spend over $32.3 billion to support economy under sanctions
(Reuters) – Russia plans to spend over 2.5 trillion roubles ($32.3 billion) on supporting its economy that has been targeted by unprecedented western sanctions, Finance Minister Anton Siluanov said on Tuesday. Russia…
New Zealand imposes new sanctions on Russian banks
WELLINGTON – New Zealand unveiled new sanctions on Tuesday targeting Russia’s largest banks and financial institutions, in its response to the invasion of Ukraine. “We are deeply concerned at the reports of…
Ships carrying Russian fertilizers find way to Brazil despite sanctions
By Ana Mano SAO PAULO – Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data shows orders being fulfilled and vessels heading for Brazil,…
New EU sanctions on Russia to target Sberbank, Commission head tells paper
FRANKFURT – The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank, as well as oil, the head of the European Commission Ursula von der Leyen told a German…
Ukraine’s Zelenskiy and Biden discuss defensive aid and sanctions
(Reuters) – Ukrainian President Volodymyr Zelenskiy and U.S. President Joe Biden discussed additional defensive and financial aid for Kyiv as well as sanctions and alleged Russian war crimes, the Ukrainian president said…
Analysis-Russian workers face new reality as Ukraine war sanctions sap job prospects
LONDON – The phone call telling Oleksandr Kyryliuk he was losing his job came just hours after Russian troops stormed into Ukraine. His employer, beermaker Samuel Smith, had decided to pull out…
U.S. crypto researcher sentenced to five years for helping North Korea evade sanctions
By Jody Godoy (Reuters) – A former researcher at a high-profile cryptocurrency group was sentenced to five years and three months in prison on Tuesday for conspiring to help North Korea evade…
United States Citizen Who Conspired To Assist North Korea In Evading Sanctions Is Sentenced To More Than 5 Years And Fined $100,000
Damian Williams, the United States Attorney for the Southern District of New York, announced today that VIRGIL GRIFFITH, a U.S. citizen who conspired to provide services to the Democratic People’s Republic of…
Russia’s LNG plans face rethink after EU sanctions on equipment -analysts
(Reuters) – Russia will need to rethink its aim of a 20% share of the global LNG market after EU sanctions targeted equipment it needs to expand production, analysts said. Russia had…
Ukraine’s Zelenskiy urges quick EU sanctions on Russian oil, all banks
VILNIUS – Ukrainian President Volodymyr Zelenskiy urged the European Union on Tuesday to impose sanctions on all Russian banks and Russian oil and to set a deadline for ending imports of Russian…
Analysis-Even with sanctions, Russia can afford to feed its war machine
By Mark Trevelyan and Jacob Gronholt-Pedersen LONDON – Russia can afford to wage a long war in Ukraine despite being hammered by Western sanctions aimed at crippling its ability to sustain the…
Hungary says roubles-for-Russian gas plan breaches no EU sanctions
BUDAPEST – Hungary plans to pay for Russian gas in euros through Gazprombank, which will convert the payment into roubles to meet a new requirement set by President Vladimir Putin, Foreign Minister…
EU sanctions on Russian rubber to hit Nokian Tyres output
HELSINKI – Finnish tyre maker Nokian Tyres said on Monday new sanctions imposed by the European Union (EU) on Russia will have a significant impact on its production. The sanctions, announced on…
Capacity crunch may abort U.S. satellite boom as sanctions threaten Russia launches
By Akash Sriram (Reuters) – Houston, we have a problem! U.S. rocket companies are facing the daunting task of ferrying hundreds of satellites to space in the coming years as sanctions sideline…
Saxo Bank terminates Russian, Belarussian clients following sanctions
COPENHAGEN – Danish investment bank Saxo Bank said on Saturday it had terminated clients from Russia and Belarus in response to sanctions imposed on those countries following Russia’s invasion of Ukraine. “It…
Airbus sees raw material supply secured even in case of sanctions -FAS
(Reuters) – Airbus said its production targets are not affected by the war in Ukraine as it sees raw material supplies secured even if Russian exports are embargoed, the Frankfurter Allgemeine Sonntagszeitung…
Factbox: How Western sanctions target Russia
By John McCrank NEW YORK – The West’s punishment of Moscow over its invasion of Ukraine ramped up this week following the discovery of civilians shot dead at close range in the…
U.S. farmers, in Havana, say sanctions stymieing food sales to Cuba
By Dave Sherwood HAVANA – U.S. farmers, on a trade tour in Cuba, said on Wednesday they would like to sell more wheat and other farm products to the impoverished Caribbean island…
Amplats CEO says carmakers looking for palladium after Russia sanctions
By Helen Reid JOHANNESBURG – South Africa’s Anglo American Platinum (Amplats) has received enquiries from manufacturers and carmakers seeking palladium in the wake of Western sanctions on top producer Russia, CEO Natascha…
Russian Oligarch Charged With Violating United States Sanctions
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation, announced…
Russia Expects To Get Richer Despite Being Slapped With Western Sanctions
Russia Expects To Get Richer Despite Being Slapped With Western Sanctions Thomas Catenacci on April 5, 2022 The Russian government is projecting an increase of nearly $10 billion in energy revenue in…
U.S. accounting watchdog sanctions KPMG’s ex-vice chair of audit
By Chris Prentice and Susan Heavey WASHINGTON -The Public Company Accounting Oversight Board (PCAOB) on Tuesday said it has sanctioned KPMG LLP’s former vice chair of audit for his role in a…
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