Tag: Sanctions
MPs probe impact of UK’s sanctions on Russia – POLITICO
— Treasury Committee launches probe into effectiveness of Russian sanctions.
— Banks criticized for debanking SMEs while keeping fraudsters on the books.
— City minister piles pressure on PRA over bank capital reforms.
Good morning and happy leap day! It’s Thursday and you all know what that means….this is the second last MFS U.K. newsletter of the week!
Today we have the deets of the Treasury Committee’s very timely inquiry into the effectiveness of U.K. sanctions on Russia — including
The $2.8 Billion Hole in U.S. Sanctions on Iran
Tugboats maneuvered the tanker Eternal Fortune into a berth at the Kharg Island oil terminal on Oct. 28, 2023, while it was falsely broadcasting its location as in the Gulf of Oman. The vessel was insured by an American company.
Maxar Technologies
Tug boats maneuvered the tanker Eternal Fortune into a berth at the Kharg Island oil terminal on Oct. 28, 2023 while it was falsely broadcasting its location as in the Gulf of Oman. The vessel was insured by
Taiwan at election crossroads as war threat looms – POLITICO
This story was originally published in German by WELT, a sister publication of POLITICO in the Axel Springer Group.
Nate Lin wants to be prepared for war.
On a Saturday morning in November, Lin, a 35-year-old Taiwanese man, practices how to apply a tourniquet to his right arm. In this fictive scenario, he’s been shot and is in danger of bleeding to death.
“It has to be pulled tighter to stop the bleeding,” warns the instructor.
It’s not the kind
Putin rakes in extra €1B for his war chest via Bulgaria sanctions loophole – POLITICO
BRUSSELS — The Kremlin raked in an extra €1 billion for its war effort this year after Russia’s largest private oil firm exploited loopholes in EU sanctions rules — with help from Bulgaria.
Taking advantage of a unique exemption to the EU’s Russian oil ban, Bulgaria allowed millions of barrels of Russian oil to reach a local Russian-owned refinery, which then exported various refined fuels abroad including to EU countries, according to an investigation by the NGO Global Witness, the
Every bill in the King’s Speech, reviewed and rated – POLITICO
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LONDON – This is the list of new laws Rishi Sunak hopes will save his skin come election-time.
Tuesday’s King’s Speech — in which King Charles III read out the British government’s legislative agenda for the crucial pre-election term ahead — was packed with promises from Sunak’s Conservative Party.
With the clock ticking down to an election which must be held before the end of January 2025, the King’s
The secret, slipshod evidence the EU uses to sanction Russian oligarchs – POLITICO
BRUSSELS
BY LEONIE KIJEWSKI
IT WAS AN UNUSUAL APOLOGY: from the office of the president of the European Council to a sanctioned Russian oligarch.
In a confidential evidence packet used by the European Union to justify freezing his assets, Viatsheslav Moshe Kantor’s nationality had been listed as “Jewish/Russian.”
A 70-year-old billionaire who once headed the Russian fertilizer giant Acron, Kantor stepped down as president of the European Jewish Congress after being sanctioned by the EU and the United Kingdom
Niger faces more sanctions as junta rebuffs latest diplomatic mission – EURACTIV.com
Niger was slapped with more sanctions on Tuesday (8 August), hours after its new military leaders rejected the latest diplomatic mission aimed at restoring constitutional order following a 26 July coup.
Nigeria’s President Bola Tinubu ordered the new sanctions through Nigeria’s central bank, aimed at squeezing entities and individuals involved in the takeover, a presidential spokesperson said.
It came after Niger’s junta denied permission to enter Niger to a joint delegation from West African states, the African Union (AU) and
UK Expands Sanctions List to Target Russia’s Weapons Suppliers
Britain moved to curb the supply of military and other vital equipment for the Russian war effort in Ukraine by expanding sanctions on Tuesday to include 22 individuals and companies based outside Russia.
The new measures will affect businesses in Turkey, Dubai and Iran and target Slovakian and Swiss nationals that Britain says have supplied weaponry or components, including electronics, needed to sustain Russia’s invasion of Ukraine.
“Today’s landmark sanctions will further diminish Russia’s arsenal and close the net on
Putin could visit Erdoğan at end of August: Turkish media – POLITICO
Russia’s President Vladimir Putin could visit his Turkish counterpart Recep Tayyip Erdoğan at the end of this month, Turkish media reported Monday, as Ankara seeks to revive the Black Sea grain deal.
Erdoğan’s Cabinet will meet Monday to discuss “Russian President Vladimir Putin’s possible visit to Turkey at the end of this month,” pro-government daily Hürriyet reported.
During Ukrainian President Volodymyr Zelenskyy’s visit to Istanbul last month, the Turkish president announced Putin would travel to Turkey in August to discuss
Iceland, Hungary helped shelter Belarusian businessman from EU sanctions – EURACTIV.com
Iceland has used its lobbying power vis-à-vis the EU to shelter Alexander Moshensky, a Belarusian oligarch close to Alexander Lukashenko, from sanctions, with Hungary also using its veto in his favour, fresh analysis from a consortium of investigative websites has revealed.
Moshensky, a Belarusian businessman whose assets include the prominent food manufacturers Santa Bremor and Savushkin Produkt – earning him the nickname of the “fish king” of Belarus – has for two decades enjoyed diplomatic and business relations with Iceland.