Irish company claims US wrongly sanctioned them
Irish Company Claims Bank Account Freeze Due to Misapplied US Sanctions. Cubit, a company involved in the sale and supply of semiconductor equipment, was subjected to US sanctions for its dealings with Mikron KSC, a Russian entity. Cubit Semiconductor Limiter, which claims it was unfairly sanctioned by US President Joe Biden, filed a lawsuit in […]
Lithuania sanctions company for buying Russian goods
Lithuanian customs fined a Lithuanian company 329,944 euros for purchasing products subject to international restrictions from Russian firms. The protocol for the unnamed company was published on Tuesday, while the Lithuanian Customs Service announced that this was the first time such a step had been taken. The Lithuanian-registered company imported goods from Russian enterprises Nizhnekamskekhuglerod […]
Russians carry airplane parts in suitcases to circumvent sanctions
Russian passengers are carrying aircraft parts in their luggage to deliver to Russian airlines affected by sanctions. According to the Financial Times, aircraft parts are being delivered in hand luggage to Russian airlines affected by sanctions. According to the Financial Times, a Middle Eastern company sent $1.5 million worth of goods to Russia’s S7 airline. […]
UK sanctions LockBit’s Russian leader
The UK, US and Australia have sanctioned the Russian leader of cybercrime gang LockBit. LockBit was one of the most prolific ransomware groups in recent years and was responsible for attacks on more than 200 UK businesses and major utility providers. In a statement from the UK, the UK and its Allies took this decision […]
New sanctions from the USA: 37 Chinese companies added to the list
The US Department of Commerce announced that 37 Chinese companies operating in the fields of quantum and nuclear energy technologies and unmanned aviation were included in the ‘asset list’. Companies on the list cannot sell products or services without special authorisation from the government. The US reported that 37 Chinese companies operating in the fields […]