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EU imposes sanctions on Chinese companies, North Korean minister over Ukraine war

The EU imposed fully fledged sanctions on Dec. 16, including asset freezes and visa bans, on Chinese firms for supplying Russia's military for the war against Ukraine. The bloc has also added North Korea's defense minister to its sanctions blacklist after the secretive state sent troops to Russia to reinforce its military. The move — […]

Ukraine

December 16, 2024

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US weighs sanctions on Russia's shadow fleet, Chinese banks supporting war effort, Reuters says

Washington is considering more sanctions on "shadow fleet" tankers and has not ruled out targeting Chinese banks if they are found to be involved in Russia’s war effort, U.S. Treasury Secretary Janet Yellen told Reuters in an interview on Dec. 13. The U.S. is weighing additional measures against entities facilitating sanctions evasion in oil trade […]

Ukraine

December 14, 2024

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Chinese man arrested in US on suspicions of arms shipments to North Korea

A Chinese man illegally residing in the U.S. was arrested for allegedly shipping weapons to North Korea from the U.S., the Justice Department said in a statement on Dec. 3. "Shenghua Wen, 41, of Ontario, California, was arrested today on a criminal complaint alleging that he exported shipments of firearms, ammunition, and other military items […]

Ukraine

December 4, 2024

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US announces new sanctions against Chinese, Russian producers of drones used in Ukraine

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced on Oct. 17 new sanctions against two Chinese entities and one Russian company, as well as one Russian national, involved in the production of Russian Garpiya drones used to attack Ukraine. Reuters reported in September that Russia had secretly established a development and production […]

Ukraine

October 17, 2024

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