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US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets
6 months, 3 weeks ago

US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets

Associated Press  

WASHINGTON — A senior U.S. Treasury official has met with Ukrainian officials in Kyiv to discuss U.S. financial support, enforcing sanctions on Russia and using frozen Russian assets for Ukraine’s benefit in the war with Moscow. The visit this week by Deputy Secretary Wally Adeyemo came as Russia gains territory after a lengthy delay in U.S. military aid left Ukraine …

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With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets
7 months ago

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Associated Press  

FRANKFURT, Germany — Ukraine’s allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv’s war effort, a debate getting more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier. “Securing Ukraine’s position in the medium-to-long term requires unlocking the value of immobilized Russian sovereign assets,” …

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Few customers but plenty of cash?: N Korean restaurants remain open in Laos
1 year, 3 months ago

Few customers but plenty of cash?: N Korean restaurants remain open in Laos

Al Jazeera  

Restaurants should have closed and analysts say they suspect their only purpose is to ‘launder money’. Accompanying this demise are reports of North Korean “IT workers” stationed in China, Russia and Laos. ‘More than restaurants’ On paper at least, the Lao government has expressed its commitment to adhering to the sanctions, saying in April 2018 in its mandatory UN implementation …

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G7 threatens Russia sanctions busters with 'severe costs'
1 year, 9 months ago

G7 threatens Russia sanctions busters with 'severe costs'

Firstpost  

Ukraine’s allies have sought to use sanctions and trade bans to choke off Russia’s ability to acquire more weapons or produce them domestically using imported components Washington, United States: G7 leaders issued a stern warning Friday to any country abetting Russia’s war in Ukraine and unveiled a raft of new sanctions aimed at intensifying Moscow’s economic pain. Ukraine’s allies have …

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Russia-Ukraine updates: Moscow says all war ‘goals’ must be met
2 years, 6 months ago

Russia-Ukraine updates: Moscow says all war ‘goals’ must be met

Al Jazeera  

Russia-Ukraine news from June 3: As conflict reaches grim 100 day milestone, Moscow vows to press on with its devastating offensive. 3 Jun 2022 - 19:28 GMT UN aid chief had ‘frank, constructive’ talks in Moscow on Ukraine grain exports UN aid chief Martin Griffiths “had frank and constructive discussions” with Russian officials in Moscow on facilitating exports of Ukraine …

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Putin's daughters were just sanctioned. Here's what we know about them
2 years, 8 months ago

Putin's daughters were just sanctioned. Here's what we know about them

NPR  

Putin's daughters were just sanctioned. "We believe that many of Putin's assets are hidden with family members and that's why we're targeting them," a senior Biden administration official said in a call with reporters on Wednesday. Putin has refused to publicly acknowledge the names of his children, but the Treasury Department identified the daughters being sanctioned as Maria Vladimirovna Vorontsova …

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Russia stashed away billions before invading Ukraine. China may have helped hide it
2 years, 8 months ago

Russia stashed away billions before invading Ukraine. China may have helped hide it

NPR  

Russia stashed away billions before invading Ukraine. China may have helped hide it The Kremlin stashed away billions before invading Ukraine. SHAPIRO: Well, worthless may be an overstatement because a new investigation finds that Russia may have stashed tens of billions of dollars of that war fund in offshore accounts and that China may be helping. The Chinese central bank …

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Russia sanctions over Ukraine largely spare energy sector, vital to Europe
2 years, 9 months ago

Russia sanctions over Ukraine largely spare energy sector, vital to Europe

Live Mint  

The West is rolling out increasingly tough sanctions on Russia but it is going out of its way to preserve the country’s biggest source of revenue: energy exports. In the latest example, the European Union said late Saturday that it had agreed with the U.S., the U.K. and Canada to eject some of Russia’s banks from the global financial system’s …

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How and where US, UK, EU and Australian sanctions are targeting Russia
2 years, 9 months ago

How and where US, UK, EU and Australian sanctions are targeting Russia

ABC  

Western leaders have revealed more sanctions on Russia after its forces invaded Ukraine. Banks and financial firms The US and UK announced restrictions that, combined with previous sanctions, would effectively kick the vast majority of Russian banking assets out of both countries. The UK had previously banned Russia from raising funds in the UK, Europe's major capital markets hub, and …

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Latest Ukraine updates: Biden announces new Russia sanctions
2 years, 10 months ago

Latest Ukraine updates: Biden announces new Russia sanctions

Al Jazeera  

US President Joe Biden has announced what he called the “first tranche” of sanctions against Russia, including steps to starve the country of financing, saying Moscow had started an invasion of Ukraine. 22 Feb 2022 - 22:01 GMT Blinken: ‘Greatest threat to security in Europe since World War II’ Blinken accused Putin of aiming to “destroy Ukraine’s democracy” and control …

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