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UK sanctions illicit gold trade, says it funds Russia's war
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UK sanctions illicit gold trade, says it funds Russia's war

The United Kingdom on Dec. 9 announced new sanctions targeting the illicit gold trade, which it said helps finance Russia's full-scale invasion of Ukraine. "Russia uses the illicit gold trade to launder money and evade sanctions, in doing so bolstering (Russian President Vladimir) Putin's war efforts," the U.K. government said in a press release. The […]
Ukraine
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Biden administration prioritized sanctions strategies over designating Russia as state
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Biden administration prioritized sanctions strategies over designating Russia as state sponsor of terrorism, US official says

The Biden administration believes that large-scale sanctions have been more effective politically than designating Russia as a state sponsor of terrorism, Ukrinform reported on Jan. 16, citing U.S. State Department spokesman Matthew Miller. "We do not consider this [recognizing Russia as a state sponsor of terrorism] to be the most effective way to achieve existing […]
Ukraine
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Hungary vows to block potential EU sanctions on Georgia over
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Hungary vows to block potential EU sanctions on Georgia over protest crackdowns

Hungarian Foreign Minister Peter Szijjarto has pledged to veto a proposal to impose EU sanctions on Georgian officials, for their crackdown on anti-government protests, the First Channel of Georgia reported on Dec. 10. Speaking alongside Georgian Foreign Minister Maka Bochorishvili, Szijjarto criticized the EU and the “international liberal elite” and claimed that he is “categorically […]
Ukraine
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Hungary's Orban urges EU to lift Russia sanctions, media reports
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Hungary's Orban urges EU to lift Russia sanctions, media reports

Hungarian Prime Minister Viktor Orban urged the European Union to lift sanctions on Russia, news portal Telex reported on Jan. 17. According to the Hungarian outlet, Orban said it's "time to throw sanctions out the window" and establish a sanctions-free relationship with Russia during a radio interview. He also described the European Union as being […]
Ukraine
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