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The United States imposes sanctions on Iran’s shadow fleet

The Treasury Department's Office of Foreign Assets Control (OFAC) and the US Department of State have sanctioned more than 30 individuals and ships in several countries for their involvement in…

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Business, NewsS7 Airlines

Israeli businessman sentenced to prison for exporting aircraft parts from the US to Russia

Israeli businessman Gal Haimovich, aged 49, has been sentenced to two years' imprisonment for bypassing US sanctions and exporting aircraft parts and aviation equipment from US suppliers to Russia. He…

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Business, News, Russia, TOP news

The largest Russian pipe manufacturer wants to bankrupt entities associated with the PSI Group

The largest Russian pipe manufacturer, PJSC Pipe Metallurgical Company (TMK), has officially announced its intention to file lawsuits declaring the Russian companies PSI LLC, Orekhsoft LLC and Progress LLC bankrupt.…

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Business, News, Russia, TOP newsOleg Deripaska

Deripaska sues online media over a publication regarding circumventing sanctions

Russian billionaire Oleg Deripaska has filed a lawsuit with a court to protect his honour, dignity and business reputation from The Insider, a Latvian-registered media outlet. The businessman has demanded…

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Business, News, Russia, TOP newsVolga-Dnepr

Canada imposes sanctions on entities linked to the Russian Volga-Dnepr

On February 14, the Government of Canada imposed sanctions on two subsidiaries of the Russian airline Volga-Dnepr: Volga-Dnepr Airlines (Ireland) Limited and Volga-Dnepr Logistics B.V Volga-Dnepr is one of the…

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Business, News

US supplier of aircraft parts charged for trade sanctions skirt

The US Department of Justice stated that FlightTime Enterprises Inc., an American subsidiary of a Russian aircraft parts supplier, and its current and former employees - Daniela Friery, Pavil Iglin…

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Business, News, TOP newsAleksandr Lukashenko

Lukashenko’s acquaintances were refused in London

The High Court of London has rejected a claim of the Belarusian Dana Astra IOOO for the lifting of sanctions against the company. The company was considered to be connected…

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Business, News, Russia, TOP news

Kazakhstan Stock Exchange changes a shareholder from Russia due to sanctions

Raiffeisenbank JSC, a Russian bank, has become the nominal owner of the second-largest block of shares in the Kazakhstan Stock Exchange (KASE). According to information on the exchange website, the…

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Business, News

OFAC updates its License Application Portal

The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has updated its license application portal required for frozen asset withdrawal transactions. Now on the portal…

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