Since the United States and EU prohibited the export of their banknotes to Russia in March 2022 following the invasion of Ukraine, approximately $2.3 billion in dollar and euro bills have been transported to Russia, according to customs data reviewed by Reuters. The data, which was previously unreported, indicates that Russia has found ways to … Read more
LONDON: British MPs have called on govt to take action over blatant evasion of sanctions on Russia by companies in Europe.UK purchases of fuel from China, India and Turkey — much of which originates from Russian oil — have shot up since the sanctions regime began. From 2021 to 2023, purchases from India went up … Read more
WASHINGTON – US president Joe Biden on Friday will sign an executive order allowing Washington to impose sanctions on financial institutions that help Russia evade sanctions, US Treasury Secretary Janet Yellen said. The executive order, part of a wider US crackdown on sanctions evasion, also gives Washington the ability to ban products originating in Russia … Read more