Former Haitian president sanctioned for alleged drug trafficking
The US Treasury Department said Michel Joseph Martelly ‘abused his influence’ to facilitate drug trafficking into the United States. Martelly, who served as president of the Caribbean nation from 2011 to 2016, also worked with Haitian drug traffickers, sponsored numerous gangs and was involved in laundering illicit drug proceeds, the department said. ‘The resolution against […]
Japan sanctions Indian tech company linked to government
Japan became the latest country to sanction an Indian technology company for allegedly helping Russia evade sanctions imposed over its war in Ukraine. The sanction was part of trade restrictions, including an asset freeze, against 11 entities in five countries, including China, Kazakhstan, the UAE and Uzbekistan. It is the first time Japan has sanctioned […]
EU rejects Hungarian and Slovak requests for talks with Ukraine on oil sanctions
Hungary and Slovakia have turned down a request by Ukraine to hold consultations with Kiev on the sanctions imposed by Ukraine on Russia’s oil giant Lukoil, a European Commission spokesman said. ‘The Commission services have concluded that urgent consultations are not necessary in the first place,’ the spokesman said in a statement. As Russian oil […]
US threatens sanctions against countries hosting Russian banks
Washington will ‘go after’ branches used by Moscow to circumvent trade restrictions, US Deputy Treasury Secretary Wally Adeyemo said. The US is warning countries that trade with Russia that they risk secondary sanctions if they allow Russian banks to open local branches to finance the supply of goods to Vladimir Putin’s war machine. The move […]
More than 400 sanctions from the USA: 8 of them are Turkish companies
Biden administration announced new sanctions on some companies and suppliers, claiming that Russia fuelled the invasion of Ukraine. Among these companies are 8 companies from Turkey. The Biden administration said it would add more than 100 companies and organisations in Russia, China and several other countries to the restricted trade list and take other measures […]