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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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Infamous private military company Wagner Group has been acting internationally in Russian interests for years
1 year, 5 months ago

Infamous private military company Wagner Group has been acting internationally in Russian interests for years

The Hindu  

Published : Jun 26, 2023 13:02 IST - 6 MINS READ The Wagner Group is not just active in Ukraine. According to observers, the main aim of the Wagner Group here is to secure Russian access to valuable raw materials including gold, manganese, silicon and uranium deposits “Yevgeny Prigozhin and his network are exploiting Sudan’s natural resources for personal gain …

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Ukrainian rescue teams hunt for survivors in Vinnytsia - The Hindu
2 years, 5 months ago

Ukrainian rescue teams hunt for survivors in Vinnytsia - The Hindu

The Hindu  

A day after Russian missiles struck Ukrainian city Vinnytsia, far behind the frontlines, in an attack Kyiv officials said killed at least 23 people and constituted another war crime against civilians, Western Finance Ministers condemned Moscow’s invasion of Ukraine at G20 talks in Indonesia on Friday, accusing Russian officials of complicity in atrocities committed during the war. She was joined …

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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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US seizes yacht owned by oligarch with close ties to Putin
2 years, 8 months ago

US seizes yacht owned by oligarch with close ties to Putin

Associated Press  

PALMA DE MALLORCA, Spain — The U.S. government on Monday seized a 254-foot yacht in Spain owned by an oligarch with close ties to Russian President Vladimir Putin, a first by the Biden administration under sanctions imposed after the Kremlin’s invasion of Ukraine and targeting pricey assets of Russian elites. The yacht is among the assets linked to Viktor Vekselberg, …

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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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Russian oligarch Oleg Deripaska's alleged money laundering and mafia links didn't get him sanctioned — but the war in Ukraine has
2 years, 9 months ago

Russian oligarch Oleg Deripaska's alleged money laundering and mafia links didn't get him sanctioned — but the war in Ukraine has

ABC  

Oleg Deripaska, the prominent billionaire Russian oligarch newly sanctioned by Australia over his ties to Vladimir Putin and his regime amid the war in Ukraine, has enjoyed a relatively untroubled time as an investor here until now, despite serious accusations against him. Key points: A company Mr Deripaska founded owns 20 per cent of Australian miner QAL The US Treasury …

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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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