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Brussels, Belgium | AFP | The EU on Tuesday extended its sanctions on Myanmar’s junta, targeting 19 more individuals and entities including a minister and a chief justice. The measures against Myanmar were announced by the European Council because of “the continuing escalation of violence and grave human rights violations following the military takeover two years ago”. It was the fifth package of EU sanctions on the southeast Asian country, under military rule since […]
by Paul Handley Agence France-Presse WASHINGTON, United States (AFP) — The Russian economy has been deeply damaged by sanctions and the exit of international business since the country invaded Ukraine, according to a new report by Yale University business experts and economists. Even though Moscow has been able to pull in billions of dollars from continued energy sales at elevated prices, largely unpublished data shows that much of its domestic economic activity has stalled since […]
BAMAKO, Mali (AFP) — Mali’s junta said Monday it was “satisfied” by the lifting of “illegal and inhumane” sanctions imposed by West African states in January after two coups in the country. The military-dominated government said in a statement it “notes with satisfaction a convergence of views that has allowed us to reach a compromise” that led to the lifting of the embargo against Mali. It thanked the Malian people for their “sacrifice and resilience” […]
WASHINGTON, June 28, 2022 (AFP) – Washington announced steps Tuesday to implement the new sanctions on Russia as agreed by G7 leaders, targeting Moscow’s defense industry, raising tariffs and banning gold imports from the country. The latest moves “strike at the heart of Russia’s ability to develop and deploy weapons and technology used for Vladimir Putin’s brutal war of aggression against Ukraine,” the US Treasury Department said in a statement. The sanctions target Rostec, Russia’s […]
Russian President Vladimir Putin on Tuesday said the oil sector was undergoing a “tectonic change”, but claimed Europe would be committing “economic suicide” with its sanctions on Moscow over Ukraine. By seeking to phase out Russian energy supplies, Europe will only hurt itself, Putin said, urging state officials to use “ill-thought-out” moves by the West to the country’s advantage. He told an energy meeting that Europe would see higher energy prices and higher inflation as […]
WASHINGTON, United States (AFP) — Authorities in Fiji have seized the $300 million yacht of Russian oligarch Suleiman Kerimov after the US Justice Department requested the vessel be held for violating sanctions and for alleged ties to corruption, the department said Thursday. The five-year-old, 348-foot (106 meter) “Amadea” was berthed in Lautoka, Fiji in the South Pacific when local authorities took control of it based on a US warrant and a Justice Department request. “The […]
BERLIN, Germany (AFP) — Germany has officially confiscated the world’s largest superyacht owned by Russian oligarch Alisher Usmanov, as part of sanctions against Moscow following the outbreak of war in Ukraine, police sources said Thursday. The 156-metre (1,680-feet) long “Dilbar” has an estimated value of $600 million ((555 million euros) according to Forbes magazine. Since last October the boat has been docked for repairs in a Hamburg shipyard. German customs had been eyeing the superyacht […]
NEW YORK, United States (AFP) — A US cryptocurrency expert was sentenced Tuesday to 63 months in prison for advising North Korea on how to create cryptocurrency services and blockchain technology to circumvent US sanctions over its nuclear program, court officials in New York said. Virgil Griffith, 39, had pleaded guilty to conspiring to violate US law, in a bid to reduce the sentence for a crime that can carry up to 20 years behind […]
WASHINGTON, United States (AFP) — Little is known publicly about Russian President Vladimir Putin’s daughters, sanctioned on Wednesday by the US government over Moscow’s “atrocities in Ukraine.” The US Treasury identified the daughters as Katerina Tikhonova, “a tech executive whose work supports … the Russian defense industry” and Maria Vorontsova, who leads state-funded genetics research programs “personally overseen by Putin.” A senior US official said Washington believes “Putin’s assets are hidden with family members.” […]
THE HAGUE, Netherlands (AFP) — Dutch customs authorities have impounded 14 yachts in shipyards, including 12 still under construction, as part of Western sanctions imposed over Russia’s invasion of Ukraine, the government said Wednesday. European and US authorities have seized several yachts with links to Russian tycoons under the unprecedented sanctions that followed the February 24 invasion. “Given the current measures, these vessels cannot be delivered, transferred or exported for the moment,” Foreign Minister […]
by Danny KEMP Agence France Presse KYIV, Ukraine (AFP) — Russian and Ukrainian negotiators are to sit down for a fresh round of talks this week in an attempt to end the war in Ukraine that the UN estimates has killed at least 1,100 civilians and sent more than 3.8 million fleeing to other countries. Kyiv said the negotiations would start Monday in Turkey, while Russia’s lead negotiator said they would begin on Tuesday […]
WASHINGTON, D.C., United States (AFP) – The United States announced new sanctions Thursday on entities and people in Russia and North Korea after Pyongyang’s new ICBM missile test. The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said in a statement. “These measures are part of our ongoing efforts to impede the DPRK’s ability to advance its missile program and they highlight the negative role […]
