US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
Wednesday, 15 January 2025 () The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts in Ukraine. The department is re-designating about 100 entities for sanctions and placing sanctions on 15 new entities. A senior Treasury Department official says that under the sanctions, any company that does meaningful business with parts of Russia’s military industrial complex would also risk penalties. The official insisted on anonymity to preview the announcement on a call with reporters Wednesday. The official says removal of the sanctions would require congressional notification. That step could potentially make it harder for the incoming Trump administration to change sanctions without drawing public scrutiny.
The U.S. and UK have intensified their crackdown on companies involved in supporting Russia's controversial Arctic LNG 2 project. In a major move, two Indian companies, Skyhart Management Services and Avision Shipping Services, have been sanctioned for their alleged role in aiding Russia's liquefied...
Russian Foreign Minister Sergey Lavrov has expressed his shock at the International Chess Federation’s (FIDE) strict enforcement of the dress code, leading to Magnus Carlsen’s controversial..
Germany’s air defense systems face an unprecedented challenge as Russia’s Oreshnik hypersonic missile demonstrates its devastating capabilities. First deployed in Ukraine, this missile travels at..
In a move that has sent shockwaves across Europe, Slovak Prime Minister Robert Fico visits Moscow to meet with Russian President Vladimir Putin. Defying EU sanctions and criticisms, Fico is pushing for..
Wednesday, 15 January 2025 ()
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