TAG: Sanctions

2023: The year in figures and charts

2023 was marked by crisis, transition and conflict.As the war in Ukraine dragged into its second yea...

8 months ago

Germany aims to seize €720M of frozen Russian money

BERLIN — At a time when Germany’s ruling coalition is scrambling to find money due to its still-simm...

8 months ago

Iran’s allies are attacking the West. What happens next?

Tensions are soaring across the Middle East after Washington vowed to respond to a drone attack by I...

8 months ago

Middle East braces for chaos as Iran and West square up

Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Frid...

8 months ago

Turkey must stop blocking Ukraine minehunters, ex-NATO supreme commander warns

Turkey's decision to stop two naval ships from being handed over to Ukraine is at odds with its comm...

8 months ago

Poland edges closer to unblocking frozen EU funds

BRUSSELS / WARSAW ― Poland is confident it can unblock over €100 billion of frozen EU funds. The que...

8 months ago

Yemen: West ignored our warnings about Houthis to court Iran for nuclear deal

BRUSSELS — The U.S. and EU were so determined to court Iran for a nuclear deal over recent years tha...

8 months ago

Russian bombs failed to destroy Ukraine’s energy grid. Corruption could break its own

When Vladimir Putin landed in Khabarovsk on his tour of Russia’s Far East last week, he was given a...

8 months ago

US urges Ukraine to stop attacking Russian oil refineries, report says

The U.S. has pressed Ukraine to halt drone strikes on Russian energy facilities, fearing that it could provoke massive retaliation and drive up global oil prices.In recent months, Kyiv has ramped up its strikes against Russian energy infrastructure, hitti...

6 months ago

UK strikes energy deal with firm linked to Putin’s gas exports

LONDON — U.K. hospitals, town halls and government departments will be heated via a massive energy deal with a subsidiary of a firm still importing Russian gas to Europe — just days after U.K. ministers boasted they were “driving Putin out of the market.”...

6 months ago

EU will have to seize Russian assets eventually if it wants Ukraine to win, bank chief says

Policymakers need to stop worrying about the financial and legal ramifications of skimming proceeds from frozen Russian assets to arm Ukraine and must instead recognize Moscow's aggression poses a far greater risk to the European economy, a top European C...

6 months ago

Risk of ‘lost decade’ as EU countries face economic cliff edge

BRUSSELS — The year 2026 could be a defining moment for the European economy.The double blow of the introduction of reformed EU spending rules and the European Commission turning off the money taps may leave a black hole in the budgets of highly indebted...

6 months ago

US presses Austria’s Raiffeisen to quit Russia

Washington is tightening the screws on the last remaining banks in Europe still doing business with Russia. The Treasury's top sanctions enforcement official, Acting Assistant Secretary Anna Morris, met in Vienna on Friday with Austrian officials and repr...

6 months ago

How China ended up financing the Houthis’ Red Sea attacks

China is unwittingly helping Iran choke off ship traffic in the Red Sea, impairing global trade flows and damaging Beijing’s own interests in the process, Western intelligence officials say.China’s illicit purchases of Iranian oil are indirectly financing...

6 months ago