DIRS.INFO The most relevant business & tech news

MEXICO CITY (AP) — The U.S. Treasury has announced sanctions against nine affiliates of Mexico’s Sinaloa drug trafficking cartel, as well as the current leader of Colombia’s powerful Clan del Golfo criminal enterprise. The Office of Foreign Assets Control designated all 10 for their roles in drug trafficking, meaning any of their assets in the United States will be blocked and U.S. citizens are generally prohibited from dealing with any of their assets. The nine affiliates of the Sinaloa cartel follow a U.S. indictment unsealed in April that targeted a branch of the Sinaloa cartel run by the sons of former leader Joaquín “El Chapo” Guzmán. Mexico extradited one of those sons, Ovidio Guzmán López, earlier this month to the United States. “Today’s actions reinforce the United States’ whole of government approach to saving lives by disrupting illicit drug supply chains,” U.S. Secretary of State Antony Blinken said in a statement.

Persons: del, Joaquín “, Ovidio Guzmán López, Antony Blinken, de Jesus Avila Villadiego, “ Chiquito, ”, U.S . Avila, Avila Organizations: MEXICO CITY, U.S . Treasury, Foreign Assets Control, Colombian, de, U.S ., Southern District of, of Locations: MEXICO, U.S, Sinaloa, United States, Guzmán, Mexico, Colombia, Bogota, Avila, Southern District, Southern District of Florida, Eastern, of New York

☆ AI deals give investment banks a glimmer of hope
▼ + stars: | 2023-09-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

About a third of all M&A deals in the first half of 2023 were technology deals, and a lot of that was related to AI, said Berlin. The success of these deals mean more M&A is likely on the horizon, said Dan Ives, a tech analyst at Wedbush. Costco members now have access to $29 online health care visitsCostco is known for its giant tubs of mac and cheese, cheap hotdogs and more-for-less warehouse deals. The retailer is offering the new service in partnership with Sesame, a direct-to-consumer health care marketplace that connects medical providers nationwide with consumers. Costco is among several retailers, including Amazon, CVS and Walgreens, who are directly providing health care to customers as the demand booms for urgent care access outside of a traditional hospital setting.

Persons: CNN —, Goldman Sachs, Goldman, ” Goldman, David Solomon, Instacart’s, ”, Mitch Berlin, “ You’re, Dan Ives, ” Ives, Taavon Naja, Ramishah Maruf, Parija Kavilanz, Sesame Organizations: CNN Business, Bell, CNN, Wall, Companies, Renaissance, Nasdaq, Cisco, Wedbush, of Foreign, Control, Costco, Costco Pharmacy’s, Amazon, CVS, Walgreens Locations: Americas, Berlin, Iran, Switzerland, United States, PFAS, New York

☆ US sanctions authority delayed KFC's Russia exit -franchise owner
▼ + stars: | 2023-09-25 | by ( Elena Fabrichnaya | ) www.reuters.com time to read: +3 min

It's OFAC office issued compliance guidance to the industry regarding the exit tax in the form of FAQs, or frequently asked questions, on Feb. 24, 2023, while negotiations on KFC's exit deal were still ongoing. The deal included all its Russian KFC restaurants, operating system and the trademark for the Rostic's brand. Once the buyers were approved, taking this new requirement into account, another one appeared - the budget contribution termed an "exit tax" by Washington - Levin said. "The closure was delayed again, the correct procedure on paying the exit tax was agreed," Levin said. Former KFC restaurants began opening in April as Rostic's, reviving a brand born soon after the collapse of the Soviet Union.

Persons: Maxim, Sergei Levin, Levin, McDonald's, It's, Konstantin Kotov, Andrey Oskolkov, Elena Fabrichnaya, Alexander Marrow, Matt Scuffham, Timothy Gardner Organizations: Brands Inc, KFC, REUTERS, U.S . Office, Foreign Assets Control, Brands, Treasury, Smart Service, Russian KFC, Washington, Soviet Union, Rostic's, Thomson Locations: Russia, Moscow, Ukraine MOSCOW, U.S, Unirest, KFC's U.S, Ukraine, Russian, Soviet

A woman walks in the Chevron office as the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela December 2, 2022. Current oil flows mark a 70%-increase from average output in 2022. But to go further requires large specialized drilling rigs that might be difficult to find in Venezuela, the people said. The California-based company's campaign calls for addition of at least two powerful drilling rigs. Other foreign oil companies in joint ventures with PDVSA also have begun early planning for possible drilling campaigns.

Persons: Gaby Oraa, Petropiar, PDVSA, Chevron, Marianna Parraga, Sabrina Valle, Matt Spetalnick, David Gregorio Our Organizations: Chevron, REUTERS, Companies, Chevron Corp, OPEC, Treasury, U.S . Office, Foreign Assets, U.S, PDVSA, Thomson Locations: Venezuela, Caracas, HOUSTON, Washington, The California, Lake Maracaibo, U.S

☆ 3M agrees to pay almost $10 million to settle apparent Iran sanctions violations
▼ + stars: | 2023-09-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

CNN —3M has agreed to pay almost $10 million to settle apparent violations of Iranian sanctions, the US Office of Foreign Assets Control said last week. The agency said 3M had 54 apparent violations of OFAC sanctions on Iran. One US person employed by 3M Gulf, a subsidiary in Dubai, was “closely involved” in the sale, OFAC said. OFAC notes Iranian law enforcement stands accused of human rights violations both in Iran and Syria. 3M voluntarily self-disclosed the apparent violations after discovering the sale hadn’t been authorized, according to OFAC.

Persons: Taavon Naja, OFAC, ” OFAC, “ Organizations: CNN, of Foreign, Control, 3M, Law Enforcement Forces, “ Locations: Iran, Switzerland, Dubai, Syria, United States, PFAS

Compare Banco Popular de Puerto accounts Banco Popular de Puerto Rico U Save AccountBanco Popular de Puerto Rico e-accountBanco Popular de Puerto Rico CIMA CD Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $1,000 Start saving Banco Popular de Puerto Rico, FDIC insured Start banking Banco Popular de Puerto Rico, FDIC Insured Start saving Banco Popular de Puerto Rico, FDIC InsuredThe bottom line: Banco Popular de Puerto is a good option if you want a bank with a large presence around Puerto Rico. Banco Popular de Puerto Rico U Save Account review External link Arrow An arrow icon, indicating this redirects the user." Banco Popular de Puerto Rico CIMA CD review External link Arrow An arrow icon, indicating this redirects the user." How Banco Popular de Puerto Rico ComparesBanco Popular de Puerto Rico vs. Oriental BankBanco Popular de Puerto Rico has many more branches than Oriental Bank, so it may be the more convenient option.

WASHINGTON (AP) — President Joe Biden announced new U.S. sanctions Friday on “some of Iran's more egregious human rights abusers” as he marked the anniversary of the death of 22-year-old Mahsa Amini, who died while being held by the country's morality police. Amini had been detained for allegedly wearing her hijab too loosely in violation of laws that require women in public to wear the Islamic headscarf. Her death set off protests in dozens of cities across the country of 80 million people, with young women marching in the streets and publicly exposing and cutting off their hair. Taken in coordination with the U.K., Canada, Australia, and other nations, this is the United States' 13th round of sanctions designations in response to Iran’s crackdown on protests. The U.S. has already sanctioned over 70 Iranian people and entities “responsible for supporting the regime’s oppression of its people," Biden said.

Persons: Joe Biden, ”, Amini, Biden, Antony Blinken, ” Blinken, Jon Gambrell Organizations: WASHINGTON, Treasury’s, Foreign, Iran’s Prisons Organization, paramilitary Revolutionary Guard, Press, State Department, Associated Press Locations: Islamic Republic, Iran, Fars, U.S, Canada, Australia, United States, Dubai, United Arab Emirates

Nicholas O’Donnell, an art market lawyer in Boston who has been involved with efforts to get the industry to police itself without government regulation, said in the Ahmad case the market could have done a better job of reviewing its clients. When Mr. Ahmad was cited, the government issued a news release and his name and those of companies he was known to trade under were published on the database. The indictment cited relatives and associates of Mr. Ahmad who it said had helped him buy art in violation of sanctions and often dealt directly with the artists or galleries. Mr. Ahmad, who was born into a wealthy family of diamond traders, remains at large outside the United States, the authorities have said. The video shows a man it identifies as Mr. Ahmad firing a shoulder-launched rocket, in what the government presents as evidence of his connections to Hezbollah.

Persons: Nicholas O’Donnell, Ahmad, ”, “ It’s, Mr, Ahmad’s, Hind Ahmad Organizations: U.S . Office, Foreign Assets Control, The State Department Locations: U.S, Europe, Boston, Lebanon, United States

☆ See inside President Vladimir Putin's opulent $100 million superyacht
▼ + stars: | 2023-08-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +5 min

Russian President Vladimir Putin spent $32 million refitting a superyacht, a new report suggests. AdvertisementAdvertisementWhile his troops flooded into Ukraine, Russian President Vladimir Putin was spending millions of dollars on an opulent refit of one of his superyachts, according to an investigation from opposition leader Alexei Navalny's team. Advertisement Advertisement Watch: Inside Putin's secret bunker and billion-dollar palaceThe total cost of the works came to $32 million, according to the investigation. AdvertisementAdvertisement"OFAC is identifying Russia-flagged Graceful and Cayman Islands-flagged Olympia, as blocked property in which President Vladimir Putin has an interest," the US Treasury website said in a June 2022 press release. The Russian president is reportedly also the owner of the 450-foot, $700 million Scheherazade, one of the largest yachts in the world.

Persons: Vladimir Putin, Alexei Navalny's, Pyotr Stolypin, Putin, Alyaksandr Lukashenka, Russian oligarch, Roman Abramovich Organizations: Morning, Russian, Blohm, Russian Federation, US Department of, Foreign, Control, US Treasury, Ukraine Locations: Ukraine, Russian, Saint Petersburg, Hamburg, Germany, Voss, Kaliningrad, Russia, Islands, Belarus, Cayman Islands, Olympia

☆ Tornado Cash founders charged with laundering more than $1 billion, including millions for North Korea
▼ + stars: | 2023-08-23 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +4 min

Two founders of Tornado Cash, the widely known Russian cryptocurrency mixer, have been charged with laundering more than $1 billion in criminal proceeds. Charges in the indictment include conspiring to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money transmitting business. The third co-founder, Alexey Pertsev, who is not mentioned in this action, faces trial in Amsterdam over his involvement with Tornado Cash. Tornado Cash is used by some people as a legitimate way to protect their privacy in the still-nascent crypto market. Using a crypto mixing service like Tornado Cash masks those details by anonymizing the funds and concealing the identity of the buyer.

Persons: Roman, Semenov, Storm, James Smith, Alexey Pertsev, Roman Semenov, Damian Williams, Brian Klein, Waymaker, Klein, Lazarus Organizations: Tornado, Lazarus, Justice Department, CNBC, Tornado Cash, Storm, Federal Bureau of Investigation, Foreign Assets, Lazarus Group, U.S . Treasury, Treasury Department Locations: Russian, Korean, Washington, York, Amsterdam, U.S, Harmony

☆ Treasury sanctions Russian FSB operatives in 2020 poisoning of opposition leader Alexei Navalny
▼ + stars: | 2023-08-17 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

WASHINGTON — The Treasury Department on Thursday issued new sanctions against Russian security operatives for the 2020 poisoning of Russian opposition leader Alexei Navalny. The sanctions come two weeks after a Russian court sentenced Navalny to an additional 19 years in prison on extremism charges. Panyaev is described by Treasury as an "FSB operative who reportedly tailed Navalny on multiple occasions prior to the attack." The sanctions complement the State Department's announcement of visa restrictions against the operatives for involvement in gross violations of human rights. FSB officers used the nerve agent Novichok, which was created by the Soviet Union, to poison Navalny, the Treasury memo said.

Persons: Alexei Navalny, WASHINGTON —, Navalny, Brian E, Nelson, Alexey Alexandrovich Alexandrov, Konstantin Kudryavtsev, Ivan Vladimirovich Osipov, Vladimir Alexandrovich Panyaev, Sergei Magnitsky Organizations: IK, WASHINGTON, Treasury Department, Treasury, Terrorism, Financial Intelligence, Russian Federal Security Service Criminalistics Institute, CNBC, Treasury's, Foreign Assets Control Locations: Russian, Moscow, Melekhovo, Vladimir, Tomsk, Novosibirsk, Navalny, Russia, Soviet Union, U.S

☆ Hindenburg Research targets $4.6 billion Kazakh brokerage for allegedly helping Russian oligarchs evade sanctions
▼ + stars: | 2023-08-15 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Timur Turlov, CEO of Freedom Finance brokerage speaks to Reuters during the interview in the office in Moscow, Russia October 10, 2019. Freedom Holding Corp. was founded in Moscow in 2008, before later moving to Kazakhstan, and listed on the Nasdaq in 2019. After Russia invaded Ukraine early last year, U.S. sanctions essentially severed ties between American and Russian banks and companies. But according to a report from Hindenburg on Tuesday, those ties remain tight. One former senior executive alleged to Hindenburg that Russian money laundering was rampant.

Persons: Timur Turlov, Jack Dorsey's Block, Carl Icahn, Freedom, Hindenburg's, Hindenburg, OFAC, I've Organizations: Freedom Finance, Reuters, Hindenburg Research, Freedom Holding, Nasdaq, Freedom, noncompliance, U.S . Treasury Department's, Foreign Assets, SEC, European Union, Freedom's, Ukraine Locations: Moscow, Russia, Kazakhstan, Ukraine, Hindenburg, Russian, United Kingdom, Belizean

Cuban tanker Petion is seen at a shipyard in Veracruz, Mexico April 9, 2021. Mexico has emerged as a top provider, sending oil on a vessel owned by state oil company Petroleos Mexicanos (Pemex) and ships managed by Cuba. The ship previously ferried Venezuelan crude and fuel oil to Cuba, according to Refinitiv Eikon data. Cuba-flagged tanker Delsa also delivered Mexican crude from Pajaritos to Cienfuegos in June, and then sailed to Venezuela, where it loaded oil, the data showed. HELP NEEDEDRussia supplied Cuba with some 12,000 bpd of oil, mostly crude, between February and July, according to the Eikon data.

Persons: Yahir, Vilma, Pemex, Delsa, Esperanza, Washington, Marianna Parraga, David Sherwood, Adriana Barrera, Marguerita Choy Organizations: REUTERS, HOUSTON, Cuban, U.S . Treasury Department's, Foreign Assets Control, U.S . State Department, Reuters, San, Thomson Locations: Veracruz, Mexico, Venezuela, Mexico Mexican, Cuba, Russia, Washington, Mexico's, Cienfuegos, Havana, U.S, San Jose

A Biden administration source said such conversations with service providers about their requirements have been constant during the implementation of the caps. The price cap bans Western companies from providing services such as transportation, insurance and financing for the oil sold above the cap. Treasury uses a monthly average of prices to calculate the Urals price, which means it may be a while before the Russian oil price can be considered over the cap. 'POLICY PICKLE'The administration, however, is set to move slowly, wary of creating ripples in a market that could send rising global oil prices higher. "But there won't likely be a dramatic change unless oil prices stay high for a while."

Persons: Biden, We’ve, Joe Biden, Wally Adeyemo, Elizabeth Rosenberg, Adeyemo, Ben Cahill, Cahill, Timothy Gardner, Marguerita Choy Organizations: Group, European Union and Australia, Treasury, Foreign Assets, RUSSIA, The State Department, EU, Center for Strategic, International Studies, Thomson Locations: Washington, Ukraine, U.S, Urals, India, China, Russia, Europe, Russian, Eastern

☆ Why are so many Western firms staying put in Russia, despite the rising risks?
▼ + stars: | 2023-07-26 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

London CNN —When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. Companies now find themselves caught between Western sanctions and public outrage on the one hand, and an increasingly hostile Russian government on the other. The Kremlin is making it more difficult for Western firms to sell their Russian assets — and imposing steep discounts and punitive taxes when they do. Both companies had been finalizing sales to local buyers when President Vladimir Putin signed an order nationalizing their local assets earlier this month. Spurred by sweeping Western sanctions, oil companies, automakers, technology firms, consultancies and banks led the initial wave of departures.

Persons: —, Vladimir Putin, Carlsberg, Maria Shagina, Andrey Rudakov, Konstantin Zavrazhin, Hein Schumacher, Schumacher, ”, ” Procter, Gamble, ” Mondelez, Fortum Oyj, Jeffrey Sonnenfeld, ” Sonnenfeld, — Olesya Dmitracova Organizations: London CNN, Nestlé, Heineken, Companies, Danone, Carlsberg, Breweries, International Institute for Strategic Studies, CNN, Bloomberg, Getty, Yale University, Yale, Unilever, UL, Procter, Gamble, Treasury, Foreign, Control, Carlsberg — Locations: Russia, Ukraine, Lyubuchany, Rosneft, Moscow, Russian

☆ Treasury Taps Sanctions Architect to Lead Financial Crimes Team
▼ + stars: | 2023-07-13 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

The Treasury Department said on Thursday that Andrea Gacki, an architect of the Biden administration’s sanctions program, would become the director of the Financial Crimes Enforcement Network in September. Her appointment is expected to bolster an agency that is central to the U.S. government’s efforts to crack down on money laundering and sanctions evasion, particularly given the number of new penalties imposed in the wake of Russia’s invasion of Ukraine. That has led to a vast effort by Russia to evade sanctions using shell companies, foreign exchange transactions and other complex financial maneuvers that the Financial Crimes Enforcement Network, known as FinCEN, is trying to stop. Ms. Gacki is currently the director of the Office of Foreign Assets Control, a unit within the Treasury Department where she has designed and imposed sanctions on countries such as Iran, North Korea and, most recently, Russia. In her new role at FinCEN, she will be leading another division within the Treasury that is responsible for cracking down on money laundering, cybercrime and sanctions evasion.

Persons: Andrea Gacki, Gacki Organizations: Treasury, Biden, Network, United, Foreign Assets Control, Treasury Department Locations: Ukraine, United States, Russia, Iran, North Korea

☆ US slaps sanctions on Sinaloa Cartel fentanyl network
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, July 12 (Reuters) - The U.S. Treasury Department on Wednesday imposed sanctions on 10 Mexican nationals and one company in the country for their alleged involvement in the Sinaloa Cartel's vast illicit fentanyl trafficking network. The sons, known as "Los Chapitos," are accused of leading a faction of the Sinaloa Cartel after their father's 2016 capture and extradition to the U.S. a year later. The U.S. Treasury also sanctioned an import-export company, REI Compania Internacional, and its majority shareholder for allegedly receiving chemical shipments from China. Lopez Obrador added that his Security Minister Rosa Icela Rodriguez would meet this month with U.S. U.S. President Joe Biden's administration has been seeking increased cooperation from Mexico and China in stemming the flow of fentanyl and its precursor chemicals.

Persons: Noel Lopez Perez, Joaquin, El, Ricardo Paez Lopez, El Chapo's, Ovidio Guzman Lopez, Andres Manuel Lopez Obrador, Lopez Obrador, Rosa Icela Rodriguez, Elizabeth Sherwood, Randall, Joe Biden's, Kylie Madry, Stefanie Eschenbacher, Raul Cortes, Sarah Morland, Mark Heinrich, Josie Kao Organizations: MEXICO CITY, U.S . Treasury Department, Treasury, Foreign Assets, U.S . Treasury, REI Compania Internacional, U.S . Homeland Security, Thomson Locations: MEXICO, Sinaloa, U.S, United States, Mexico, China, Mexican

RBI has not yet outlined its plan to supervisors at the European Central Bank (ECB), two people with knowledge of its dealings with the central bank said, making a spin-off unlikely by September. Furthermore, the approval of Russia's central bank, finance ministry and, in the event of a sale, even Russian President Vladimir Putin, will be needed before RBI acts. The ECB urged RBI not to pay a dividend this year because of its concerns over Russia, one of the people said. Austria's central bank and the ECB declined to comment. Another source said he has urged the U.S. not to pressure RBI.

Persons: Raiffeisen, Vladimir Putin, UniCredit, month's Wagner, Robert Holzmann, Christine Lagarde, Magnus Brunner, Brian Nelson, Francesco Canepa, John O'Donnell, Alexander Smith Organizations: Raiffeisen, Reuters, Austrian, European Central Bank, ECB, Treasury, Foreign Assets, OFAC, U.S, Thomson Locations: VIENNA, Russia, Austria, Moscow, U.S, Ukraine, Europe, Washington, Vienna, Soviet, Austrian, United States, Frankfurt

Flightradar24 showed an Embraer Legacy 600 business jet appeared in Rostov region at 0232 GMT and began a descent at 0420 GMT near Minsk. The identification codes of the aircraft match those of a jet linked by the United States to Autolex Transport which is linked to Prigozhin by the U.S. Office of Foreign Assets Control. Under a deal mediated by Belarusian leader Alexander Lukashenko on Saturday to halt a mutiny by Prigozhin's mercenary fighters, Prigozhin is meant to move to Belarus. Prigozhin, who has bragged about meddling in U.S. elections, said last week his fighting force was 25,000 strong. Speaking from the Kremlin on Monday, Putin vowed to stand by his promise to allow Wagner fighters to leave for Belarus, though he did not mention Prigozhin by name.

Persons: Putin, Wagner, Yevgeny Prigozhin, Vladimir Putin's, Flightradar24, Dmitry Peskov, Flightradar, Alexander Lukashenko, WAGNER'S, Prigozhin, Sergei Shoigu, Shoigu, Russia's, Gleb Stolaryov, Guy Faulconbridge, Angus MacSwan, Jon Boyle Organizations: Belarus Russia, Prigozhin, Embraer, U.S . Office, Foreign Assets Control, Kremlin, Central African Republic, Federal Security Service, Thomson Locations: Belarus, Russia, Prigozhin MOSCOW, Prigozhin, Russian, Rostov, Minsk, United States, Belarusian, Africa, Central African, Mali, Ukraine, Kremlin

☆ US sanctions Chinese and Mexican firms over fentanyl making equipment
▼ + stars: | 2023-05-31 | by ( Laura He | ) edition.cnn.com time to read: +3 min

“Counterfeit pills laced with fentanyl constitute a leading cause of these deaths, devastating thousands of American families each year,” he said. Officials also accused Chinese company Yason General Machinery of working with a Mexican supplier and contact who previously provided pill equipment to a person linked to the Sinaloa Cartel. That individual used the machines to create superlabs in Mexico with the capacity to produce millions of fentanyl-laced pills weekly, Treasury said. The Chinese Embassy in the United States condemned the US move late Tuesday. “The US sanctions against Chinese companies and citizens will add more obstacles to China-US counter-narcotics cooperation,” it added.

Persons: “, Brian Nelson, ”, Biden Organizations: Hong Kong CNN, United, US Treasury Department, Treasury, Terrorism, Financial, Foreign Assets Control, Youli Technology, Machinery, Solutions, Embassy, US Centers for Disease Control Locations: Hong Kong, United States, China, Mexico, Mexican, Sinaloa

The latest surge of dark fleet ships began after Russia invaded Ukraine and the West tried to limit Moscow’s oil revenue with sanctions. The ships most likely sell their Russian oil to China above a price limit set by the sanctions. “The price cap is achieving its dual goals: restricting Russia’s oil revenues while keeping Russian oil flowing, and markets stable and well-supplied,” a U.S. Treasury spokesperson told The Times. The spoofing tankers using American insurance show that the practice is not limited to Russian oil alone. The company, Gatik Ship Management, owns a fleet of 50 newly acquired tankers dedicated to the Russian oil trade, the report said.

Persons: ”, David Tannenbaum, it’s, Samir Madani, Daniel Tadros, Russia Lady Ella, Russia Snow, Price, Konstantin Zavrazhin, Tannenbaum, Mr, Tadros, what’s, Min Chao Choy Organizations: Cathay, Labs, Copernicus Sentinel, Maxar Technologies, The New York Times, The Times, U.S . Treasury, Times, American Club, Club’s, Alma, Cargo, Russia Cathay Phoenix, Hong, International Maritime Organization, American, ”, AIS, telltale, Treasury’s, Foreign, Control, Maritime, C4ADS, Gatik Ship Management Locations: Japan, Kozmino, China, U.S, Russia, Venezuela, Iran, Ukraine, ”, Hong Kong, Niigata, Russia Ginza, Varna, Bulgaria, Taman, Niigata Port, Siberia, Cathay Phoenix, O.F.A.C, South Korea, Washington, Ginza, Oman, India

☆ How the U.S. and South Africa ended up in a dispute over Russian gunrunning allegations
▼ + stars: | 2023-05-18 | by ( Elliot Smith | ) www.cnbc.com time to read: +7 min

WASHINGTON, D.C - Sep. 16, 2022: U.S. President Joe Biden meets with South African President Cyril Ramaphosa (L) in the Oval Office of the White House. SAUL LOEB/AFP via Getty ImagesRelations between the U.S. and South Africa frayed last week, when U.S. South Africa's Department of International Relations and Cooperation (DIRCO), released a rather different interpretation of the conversation in its readout. RICHARDS BAY, South Africa - Feb. 22, 2023: Russian military frigate "Admiral Gorshkov" docked at the port in Richards Bay on February 22, 2023. South Africa drew criticism from the U.S. and Europe for holding 10 days of joint naval exercises with Russia and China.

☆ UFC maintains links with Russian fighters and fighters connected to sanctioned Chechen warlord despite Ukraine invasion
▼ + stars: | 2023-05-17 | by ( Ben Morse | ) edition.cnn.com time to read: +17 min

We have been saying for some time that these sports organizations need to prohibit Kadyrov’s fighters to perform,” he said. There’s also its decision to allow Russian fighters in general to compete in the world’s premium mixed martial arts organization. Some critics have suggested Russian fighters in general should be suspended, like has happened in some other sports, for the country’s involvement in the invasion of Ukraine. Chris Unger/Zuffa LLC/Getty ImagesUFC’s primary focusThere are 20 active Russian fighters currently competing in their organized events, according to the UFC website. CNN approached all 20 of those Russian fighters, only two responded initially and ultimately none of them agreed to an interview.

[1/2] Oil tanker Kerala, chartered by Chevron, is loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023. To back up its license application, Chevron last year signed an oil-for-debt swap with Venezuela's state-run PDVSA. The initial exports have rapidly drained the ventures' oil inventories, which had built up for years. Chevron plans to continue pushing up heavy crude output mainly at oilfields in eastern and western Venezuela belonging to its Petropiar and Petroboscan projects, according to the sources. GOLDEN TICKETChevron's license broke a four-year U.S. prohibition on Venezuelan oil exports to the United States designed to oust President Nicolas Maduro.

☆ Crypto Exchange Poloniex to Pay $7.6 Million to Settle Probe Into Sanctions Violations
▼ + stars: | 2023-05-02 | by ( Mengqi Sun | ) www.wsj.com time to read: 1 min

The settlement agreement alleged that Poloniex processed digital assets transactions worth a total of more than $15.3 million for customers in sanctioned regions between 2014 and 2019. Photo: Patrick Semansky/Associated PressCryptocurrency exchange Poloniex LLC has agreed to pay about $7.59 million to settle allegations it allowed users in sanctioned regions to trade digital assets on its platform, the U.S. Treasury Department said. The settlement agreement, which became public Monday, alleged that Poloniex processed digital assets transactions worth a total of more than $15.3 million for customers in sanctioned regions between 2014 and 2019, despite the platform having know-your-customer information and internet protocol address data that told them otherwise, according to the Treasury’s Office of Foreign Assets Control, which enforces U.S. economic sanctions.

Search resuls for: "Foreign Assets Control"

25 mentions found