Belarusian authorities raid Russia-owned bank in money laundering probe
16th June 2020
Belarusian authorities raid Russia-owned bank in money laundering probe
AP — Belarusian authorities on Monday took control of a Russia-owned commercial bank that was led by a man who is now running to challenge Belarus’ authoritarian leader. President Alexander Lukashenko, who is seeking a sixth term in an Aug. 9 election, has accused Belgazprombank chief executive Viktor Babariko of… Read More
Fresh Swiss Investigation Targets Ex-FIFA President Blatter
15th June 2020
Fresh Swiss Investigation Targets Ex-FIFA President Blatter
AP – Former FIFA president Sepp Blatter is the target of a criminal investigation in Switzerland for suspected mismanagement of a $1 million payment from soccer funds. Blatter has been notified by Swiss federal prosecutors he is an “accused person” over a loan FIFA gave in 2010 to the… Read More
US ‘Caesar Act’ sanctions could devastate Syria’s flatlining economy
15th June 2020
US ‘Caesar Act’ sanctions could devastate Syria’s flatlining economy
Its currency has plunged by 70% since April, more than half its people face food scarcity, and hopes of rebuilding a country shattered by war continue to ebb. Syria seems barely able to absorb new shocks, but new US sanctions that take effect next week, could devastate what is left… Read More
Germany Seeks EU Sanctions for 2015 Cyberattack on Its Parliament
12th June 2020
Germany Seeks EU Sanctions for 2015 Cyberattack on Its Parliament
Germany is urging its fellow European Union governments to impose the bloc’s first-ever sanctions for hacking on a Russian suspect in the 2015 cyberattack on the German parliament. An EU sanctions framework for cyberattacks took effect last year, allowing the imposition of travel bans to the EU and the freezing… Read More
Corruption trial points to origins of Russian doping saga
12th June 2020
Corruption trial points to origins of Russian doping saga
AP – A lawyer who worked for track and field’s governing body when it first started to receive waves of new evidence pointing to a massive doping problem in Russia testified Wednesday in a Paris court that the sport’s then-president quickly decided to soft-pedal the problem. Habib Cisse’s testimony… Read More
Steering clear of Iran petroleum sanctions
11th June 2020
Steering clear of Iran petroleum sanctions
July 14, 2015 was a landmark date in the long-running feud between Europe, the US and Iran. Iranian officials agreed to terminate the country’s nuclear programme, and in exchange, would benefit from the removal of crippling sanctions – including on petroleum exports. Trade with the EU soared. Over the following… Read More
Russian Billionaire Fights to Avoid Jail by Decrying ‘Vendetta’
10th June 2020
Russian Billionaire Fights to Avoid Jail by Decrying ‘Vendetta’
The long-running legal spat between billionaire Oleg Deripaska and Vladimir Chernukhin took another twist after the former Russian government minister demanded Deripaska be put in jail. Chernukhin, whose wife is one of the largest donors to the Conservative Party in the U.K., claims Deripaska breached a commitment to court… Read More
Russia, China build case at U.N. to protect Iran from U.S. sanctions threat
10th June 2020
Russia, China build case at U.N. to protect Iran from U.S. sanctions threat
Russia and China have started making the case at the United Nations against Washington’s claim that it can trigger a return of all sanctions on Iran at the Security Council, with Moscow invoking a 50-year-old international legal opinion to argue against the move. Russian Foreign Minister Sergey Lavrov and the… Read More
Ex-athletics chief Diack faces court over corruption
8th June 2020
Ex-athletics chief Diack faces court over corruption
AFP – Lamine Diack, the disgraced former head of athletics’ world governing body, goes on trial in Paris on Monday facing a potential 10-year prison sentence on charges of accepting millions of dollars to cover up Russian doping tests. Diack, the Senegalese who was in charge of the International… Read More
Senators to Back Expanding Nord Stream 2 Sanctions to Insurers
5th June 2020
Senators to Back Expanding Nord Stream 2 Sanctions to Insurers
A bipartisan group of senators is planning to introduce legislation that would expand U.S. sanctions against Gazprom PJSC’s Nord Stream 2 pipeline between Russia and Germany by taking aim at insurance companies that work with Russian vessels on completion of the project. Senator Ted Cruz, one of the… Read More
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