The US will impose sanctions on 200 more Chinese chip companies: High-bandwidth memory may also face export ban
An e-mail sent by the US Chamber of Commerce, the largest lobby group in the US, to its members, indicating that High Bandwidth Memory (HBM) exports will also be banned, caused the leak of the sanctions plan. As is well known, the US has been engaged in a chip war with China for several years […]
EU Proposes Sanctions Against Chinese Firms Helping Russia’s War Efforts
The European Union is proposing to impose sanctions on a number of Chinese companies that it alleges helped Russian companies develop drones used against Ukraine. This would require the support of 27 member states. According to documents seen by Bloomberg, the European Commission is also considering restrictions on additional Russian oil tankers to hamper Moscow’s […]
US sanctions Gazprombank and 6 partners
The US Treasury Department announced sanctions against Gazprombank along with 6 of its foreign subsidiaries. In addition to Gazprombank, more than 50 Russian banks with international links were added to the sanctions list to further restrict Russia’s links to the international financial system. Foreign banks are as follows: Luxembourg-based bank GPB International SA, Hong Kong-based […]
The largest sanctions package against Russia’s shadow fleet
The UK has imposed sanctions on 30 ships belonging to Russia’s shadow fleet, said to be carrying more than billions of dollars worth of oil and products. This is the UK government’s largest sanctions package of its kind, aimed at limiting the Kremlin’s ability to finance the war in Ukraine. Only half of these ships […]
UK sanctions on kleptocrats this time
The UK has sanctioned kleptocrats and announced the launch of the Foreign Office’s new campaign against dirty money. ‘Sanctions have been imposed on three notorious kleptocrats who siphoned off their fortunes from their countries, and on their friends, family and fixers who helped them,’ the UK Foreign Office said in a statement. The following statements […]