Sweden’s Alecta can face sanction after $3.2 billion loss
The Swedish pension fund, which was affected by the US banking crisis in 2023, is at risk of possible sanctions for investment missteps that led to losses of $ 3.2 billion and write-downs. FSA spokesman Tomas Tolonen said Alecta had been notified by the Financial Supervisory Authority in Stockholm that a preliminary investigation into its […]
Don’t sanction cyberweapons. Sanction how they’re used
According to an analysis by Helene Pleil in Euronews, especially in the midst of the war in Ukraine, which is increasingly taking place in cyberspace, the challenge for countries is to prevent malicious technological actions rather than the weapons being used. According to Pleil, cyber security and cyber diplomacy have become essential. Pleil said: “Historically, […]
Japan’s first sanctions against Israeli settlers in the West Bank
The Japanese government has decided to freeze the assets of four Israeli settlers in the West Bank for violence against Palestinians. Yoshimasa Hayashi, Japan’s top government spokesman, announced the decision, saying the move came in the wake of a sharp increase in violence in the occupied West Bank after Hamas attacked Israel on 7 October. […]
Ukraine’s plea to Hong Kong: Don’t let Russia break sanctions
Ukrainian Foreign Minister Dmytro Kuleba visited Hong Kong and called on Hong Kong leader John Lee to prevent Russia from using Hong Kong as a way to circumvent Western sanctions imposed on Moscow over its wider war in Ukraine. This request is important because both Hong Kong and China are seen by the US government […]
A third of the world under US sanctions
Four successive US governments have increasingly relied on the US dollar as a weapon of war, forcing nations globally to create alternative financial systems and de-dollarise According to a Washington Post analysis of the White House’s economic warfare policy, the US government is currently sanctioning a third of all nations in the world, disproportionately affecting […]