Moscow Exchange plans to challenge US sanctions
Moscow Exchange plans to challenge US sanctions imposed against it. This was announced on August 19 at a meeting of the Investor Rights Protection Club. The club, which now has…
Musk denies gifting Tesla Cybertruck to Russian general Kadyrov
Elon Musk, an investor and CEO of Tesla, denied a report that he had presented the head of Chechnya, Ramzan Kadyrov, with a Tesla Cybertruck electric car. This suggestion was…
Belarus makes claims against Russian companies due to problems with sanctions
Belarus began to make claims against Russian companies due to problems that arose after the sanctions imposed by the European Union. The Mogilev Regional Prosecutor's Office, Belarus, said it had…
Kyrgyz MBANK suspends money transfers through Russian banks
"We inform you that, since August 16, 2024, money transfers via Russian banks, including Sberbank, Tinkoff, and MTS have been suspended both ways. This service will be temporarily unavailable indefinitely.…
Raiffeisenbank is leaving Russians without cross-border transfers in foreign currency
Raiffeisenbank, which is owned by Raiffeisen Bank International AG (RBI), has been closing cross-border transactions for Russians in foreign currencies since September 2, 2024. The bank has been operating in…
Switzerland aligned its sanctions with the EU’s sanctions against Belarus
The Swiss government has aligned its sanctions list with the latest update of EU sanctions against Belarus. The government added 27 individuals to the sanctions list. Among them were judges…
The court rejected the claim of the largest Russian shipbuilding corporation
The Moscow Arbitration Court refused to take interim measures against Arctech Helsinki Shipyard, a Finnish company, in the amount of 371.052.470 euros. According to the court's decision, the United Shipbuilding…
The Swiss government reveals the amount of Russian assets blocked in Switzerland
The State Secretariat for Economic Affairs (SECO), which is Switzerland's governmental center for expertise in economic policy, has updated its FAQ about sanctions against Russia. In this FAQ, SECO answered…
The U.S. indicts an Iranian national for exporting aircraft components to Iran in violation of sanctions
The U.S. Department of Justice has unsealed an indictment against U.S.-Iranian citizen Jeffrey Chance Nader (68) for crimes related to illegal exports of aircraft components from the United States to…
Russian businessman under sanctions sells TV channels
One of the largest media deals has been concluded in Russia. Kismet Capital Group (KCG), founded by Russian businessman Ivan Tavrin, has sold the Media1 group of companies, which includes…