Britain removes Turkish company from sanctions list
Active Shipping has been removed from UK’s sanctions list for 1 year as part of the sanctions imposed on Russia. The UK Treasury said that the company was being removed from the list and was no longer subject to an asset freeze. Following the presidential decree that revealed US could initiate sanctions against financial institutions […]
EU will sanction 9 individuals in Congo
European Union is expected to sanction nine individuals in connection with violence in the Democratic Republic of Congo. The sources close to the list did not identify those who would be listed because of the practice of not disclosing such details before sanctions are formally approved. EU foreign ministers are expected to approve the sanctions. […]
EU to remove 4 Russian nationals from sanctions list
Hungary lifted its objection to the EU’s renewal of sanctions on Russian individuals and entities after several names were taken off the list. After a week of haggling, EU ambassadors reached a compromise over the six-month extension of the EU’s individual sanctions framework after Budapest removed its blockage. Hungary had initially sought to remove eight […]
Iranian Petroleum Minister is in sanctioned people list
The US Treasury Secretary, in announcing sanctions on Iran, said that Iran continues to use revenues from its vast oil resources to ‘advance its narrow and alarming interests’. The US Treasury Department on Thursday announced that it sanctioned the Iranian petroleum minister: “The Department of the Treasury’s Office of Foreign Assets Control is designating Iran’s […]
US sanctions Foxtrot Network
The United States announced they are sanctioning the Foxtrot Network, a transnational criminal organization, and its fugitive leader, Rawa Majid. The Foxtrot Network is a notorious criminal gang based in Sweden and a prominent drug trafficking organization in the region. The group is involved in arms trafficking and contributes to rising violence in Northern Europe, […]