The US hits Hizballah finances
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on five individuals who helped to Hizballah money exchanger Hassan Moukalled and his company, CTEX…
The U.S. has sanctioned over 240 entities and individuals linked to Russia’s military-industrial complex
The United States Department of the Treasury impose sanctions on these entities, individuals and vessels in order to block Russia's weapons programs, including chemical and biological weapons. The sanctions affected…
The U.S. has blocked unlawful exports of dual-use electronics to Russian military drones
The Department of Justice announced that it has blocked the unlawful export of dual-purpose electronics used in Russian military drone operations. According to a release from the department, Nikolay Grigorev,…
U.S. Senators asked the Biden administration about Russia’s use of cryptocurrency to evade sanctions
U.S. Senators Elizabeth Warren and Roger Marshall have sent a letter to the Biden Admininstration regarding the threat posed by the Tether cryptocurrency (USDT), the value of which is pegged…
The U.S. has imposed sanctions on the Iranian UAV industry
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed financial sanctions on individuals, companies, and vessels that help with the sale of Iranian Unmanned Aerial Vehicles (UAVs). According to the OFACs statement, Sahara Thunder is the…
The U.S. inhibits the Pakistan’s Ballistic Missile Program by sanctions
The U.S. has imposed sanctions on four entities that have supplied Pakistan's ballistic missile program. These entities were added to the US sanctions list: Minsk Wheel Tractor Plant, also known as Volat, is a Belarusian company that as worked…
The U.S. prepares new sanctions on Iran
National Security Advisor Jake Sullivan has announced new sanctions on Iran after its unprecedented air attack against Israel. "In the coming days, the United States will impose new sanctions targeting…
China imposes sanctions on two US companies supporting Taiwan
The Ministry of Foreign Affairs of the People's Republic of China announced sanctions against two US companies - General Atomics Aeronautical Systems and General Dynamics Land Systems. The ministry stated…
Janet Yellen threatens Chinese companies and banks with sanctions
The Secretary of the Treasury of the US, Janet L. Yellen, has made a strong statement at a press conference in Beijing. She warned Chinese companies and financial institutions against…
The US imposes sanctions on Bashar Al-Assad’s supporters
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 11 individuals and entities supporting the regime of Syrian President Bashar Al-Assad. “The Assad regime continues to employ…