EU imposes new sanctions on Belarusian officials and companies supporting
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EU imposes new sanctions on Belarusian officials and companies supporting Lukashenko regime

On Dec. 16, the Council of the EU adopted restrictive measures against 26 individuals and two companies linked to the regime of Belarusian dictator Alexander Lukashenko. The sanctions target judges who sentenced opposition figures, law enforcement officials involved in persecuting dissidents, and heads of penitentiaries where political prisoners are held. Additionally, the measures apply to […]
Poland signs deal with domestic companies to kickstart ammunition production
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Poland signs deal with domestic companies to kickstart ammunition production

Poland has signed a letter of intent with domestic companies to begin producing nitrocellulose and multi-base powders essential for ammunition manufacturing, according to a Polish government report published on Nov. 18. This marks a significant step in rebuilding Poland's ammunition production capabilities, which currently rely on imports from several European countries and Canada. The government […]
Russian companies increasingly using bitcoin amid sanctions, Reuters reports
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Russian companies increasingly using bitcoin amid sanctions, Reuters reports

Russian companies are increasingly using bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25. Once key facilitators of Russia’s trade, Chinese banks have significantly curtailed transactions over fears of losing access to U.S. financial markets. By mid-2024, roughly 80% of Russian payments in Chinese yuan were […]