The Impact of International Companies Leaving the Russian Market: Alstom and Others
According to TMH CEO Kirill Lipa, by the end of the year the French concern must withdraw from the company’s shareholders by selling 20% of its shares. The remaining 80% of the shares of TMH’s main company, Transmashholding Limited, belong to Russian shareholders. In March 2022, Alstom announced the suspension of all supplies and future […]
Swiss Civil Aviation Service Provider SITA Decision to Stop Servicing Clients from Russia and Its Impact on Russian Aviation Industry
As pro-Kremlin media write, citing sources in the aviation industry, the Swiss civil aviation service provider SITA, which administers the .aero domain zone. , decided to stop servicing clients from Russia The companies received a corresponding message about this on November 10 from Ru-Center, one of the organizations authorized in Russia that registers the corresponding […]
New Economic Measures: Biden Administration Prepares Sanctions to Pressure Kyrgyzstan to Halt Trade with Russia
It is reported that a number of European and American diplomats visited the Kyrgyz capital Bishkek for several months, but the negotiations did not bring results. In this regard, the Biden administration is preparing new economic measures to put pressure on the country to stop trade with the Russian Federation. Sanctions or blacklisting of companies […]
U.S. Treasury Imposes Sanctions on Serbian Ex-Official Linked to Corruption and Russian Influence
The U.S. Treasury Department’s Office of Foreign Assets Control imposed sanctions on a Serbian ex-official, which the agency said underscores the United States’ determination to prosecute those involved in self-interested corruption and damaging peace and stability in the Western Balkans. . In addition, these corrupt operations, according to the US Treasury Department, contribute to Russian […]
Russian Oligarchs’ Hidden Assets and International Connections Revealed Amid Sanctions
Arkady and Boris Rotenberg, two influential oligarchs in Russia who have been supporters of Russian aggression against Ukraine, were included in the US sanctions list in 2014. The US Treasury stated that the Rotenbergs earned billions of dollars through contracts with Gazprom and the construction of Olympic facilities in Sochi. Following the US sanctions, the […]
Russian Sanctions Circumvention: How European Companies are Supplying Electronics for the War Against Ukraine
According to him, European companies sell electronics to other countries, which, in turn, resell it to Russia, and the sanctions do not yet take into account this supply channel. “Prior to early this year, Russia was able to reimport certain key categories of electronics at roughly pre-war levels,” O’Brien said. As they say, we are […]
Intensified Russia-Ukraine Conflict and Increasing Western Military Aid to Ukraine
[Voice of Hope, May 16, 2023](comprehensive report by our reporter Tang Jie) The war between Russia and Ukraine has intensified. After Russia and Ukraine claimed to have shot down each other’s fighter jets, the Russian Ministry of Defense said today that two Russian commanders were killed in battles near Bakhmut, Ukraine. Zelensky tweeted today (15th) […]
“New and Covert Tactics Used to Crack Down on Sanctions Evaders, Including Russian Oligarchs and Corporations”
New and secret tactics Adams’ comments could be seen as a warning against a broadening US crackdown on sanctions evaders, and underline a chronic problem: law enforcement’s struggle to limit the ability of wealthy Russians and corporations to hide their money. Investigators are also examining how cryptocurrencies were used to disguise transactions for illicit goods […]
UK Company Mykines Flouts Export Restrictions, Sends Banned Goods to Russia
The company sent to Russia, in particular, semiconductors, servers, laptops, computer components, telecommunications network equipment and consumer electronics. The entries list brands from Huawei and H3C to Intel, AMD, Apple and Samsung. According to customs documents, at least $982 million worth of goods shipped by Mykines are on the banned list for shipments to Russia […]
Tennis players from Russia and Belarus approved for participation in the Wimbledon tournament
The organizers of the Grass Major decided to remove the disqualification from the players representing Russia and Belarus. They will be able to play at the Grand Slam tournament in a neutral status. “We continue to fully condemn Russia’s illegal invasion, and our sincere support remains with the people of Ukraine. This decision was extremely […]