The European Union is preparing a broad sanctions package ahead of the third anniversary of Russia's invasion of Ukraine. The 16th package will target banks, aluminum, and shadow fleet vessels, ...

The European Union is preparing another package of sanctions against Russia. It is expected that more banks will be cut off from the SWIFT system. Additionally, there is discussion about targeting ...

The European Union’s next sanctions against Russia will include restrictions on several popular pro-Kremlin media outlets.

Zhoushan Wison Offshore & Marine was sanctioned in January by the US, which claimed the Chinese yard built and supplied power ...

“Sanctions are an arms race,” said Cecchetti ... exclude most Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) — the global messaging network used by ...

The European Union is proposing a phased ban on imports of Russian aluminum as part of a broad sanctions package ahead of the ...

If you’ve been paying attention to the news for the last couple of weeks, you’d know that Russia has invaded Ukraine with plans to eventually take over the country and either annex it ...

Brussels, November 19, 2024 Dear Mr. Wiedner, We are writing to urge swift action from the European Commission to defend and protect the International Criminal Court (ICC) from the effects of ...

In one of his first actions as president, Donald Trump canceled sanctions targeting dozens of far-right Israeli individuals and settler organizations accused by the Biden administration of violent ...

Mr. Olayemi Cardoso yesterday said that the apex bank will soon commence final settlements of the outstanding amount from the $7 billion foreign exchange obligation backlog.

Since the US Dollar is the default currency of trade globally, and SWIFT is the method or channel of settlement, sanctions are imposed by controlling these two. Sanctions are imposed via SWIFT by ...