MOSCOW—The Kremlin said on Wednesday it had not yet seen any cases of price caps on Russian oil imposed by the West last month, in comments about possible losses from such measures. Some analysts have previously said that the caps will have little immediate impact on the oil revenues that Moscow is currently earning. Currently,…
Kremlin Says It Hasn’t Seen Cases of Oil Price Caps
January 11, 2023
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Capitol Report: Vaccine Mandate for Members of the Military Repealed; $1.7 Trillion Government Spending Bill Passed
December 23, 2022
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Military vaccine mandates are now to be repealed. President Joe Biden signed the annual defense funding bill. What does it say, and why do some Republicans say it’s not enough? It costs nearly $2 trillion to avert a government shutdown this year. The House sent the bill to the White House Friday afternoon. There are…
CCP Sanctions 2 Americans in Retaliation for US Action Punishing Beijing’s Rights Abuses
Beijing sanctioned two Americans in retaliation for U.S. measures against Chinese officials over human rights abuses earlier this month. The Chinese foreign ministry announced an order on Dec. 23 targeting Miles Yu, the principal China policy adviser to former Secretary of State Mike Pompeo, and Todd Stein, the deputy director at the U.S. Congressional-Executive Commission…
G-7 Considers More Air Defense for Ukraine as Fighting Rages
KYIV—Russian missiles, artillery, and drones hammered targets in eastern and southern Ukraine, the Ukrainian General Staff said, as global economic powers pledged to beef up Kyiv’s military capabilities with a focus on air defense. The Group of Seven (G-7) promised to “meet Ukraine’s urgent requirements” after President Volodymyr Zelenskyy appealed for modern tanks, artillery, and…
Biden Admin Sanctions Chinese Fishing Companies for Human Rights Abuses
December 9, 2022
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The Biden administration is imposing sanctions on several individuals and corporations related to what it describes as human rights abuses stemming from the Chinese regime’s illegal fishing. The Treasury Department announced on Dec. 9 that the measures would affect Chinese nationals Li Zhenyu and Zhuo Xinrong, as well as 10 entities linked to them, including Dalian…
Canada Imposes More Sanctions in Haiti, Targeting Country’s Wealthiest People
Canada is imposing more sanctions on Haitian elites it accuses of empowering gangs in the Caribbean country. The new sanctions freeze Canadian assets held by three of the country’s wealthiest people. They include Gilbert Bigio, who is often called the richest person in Haiti, as well as Reynold Deeb and Sherif Abdallah. Foreign Affairs Minister…
US and Asian Allies Impose New Sanctions on North Korea After ICBM Test
WASHINGTON—The United States, South Korea, and Japan have imposed sanctions on North Korean officials connected to the country’s weapons programs after Pyongyang’s latest and largest intercontinental ballistic missile test last month. The U.S. Treasury Department on Thursday named the individuals as Jon Il Ho, Yu Jin, and Kim Su Gil, all of whom the European…
Alabama Man Indicted for Bypassing US Sanctions on Iran to Sell Goods
An indictment was unsealed on Nov. 29 charging an Iranian man living in Alabama with federal offenses concerning the export of U.S.-origin goods to Iran, bypassing prevailing sanctions. According to the 15-count indictment charges announced by the Justice Department, Ray Hunt—who also uses the names Abdolrahman Hantoosh, Rahman Hantoosh, and Rahman Natoosh—of Madison County, Alabama,…
EU Preparing New Russia Sanctions Package, von Der Leyen Says
November 24, 2022
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HELSINKI—The European Union is pressing ahead with a ninth sanctions package on Russia in response to Moscow’s attack on Ukraine, European Commission chief Ursula von der Leyen said during a visit to Finland on Thursday. “We are working hard to hit Russia where it hurts to blunt even further its capacity to wage war on…
List of Global Sanctions Against Russia, the Impact on the Russian Economy, and Companies Fleeing the Country
November 22, 2022
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After Russia invaded Ukraine in late February, the Western world united to impose sanctions against Moscow in a bid to punish the country and force the government to pull back its forces. These sanctions have affected the Russian economy, with the country seeing a drop in imports and exports, as well as international firms shutting…
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