The United Arab Emirates is considering introducing export licenses for a list of items including chips and other components that are sanctioned by the US and European Union and used by Russia’s military in Ukraine, according to people familiar with the matter. Read more: bloomberg.com Photo: bloomberg.com
Requests for emergency assistance have gone up by 400 per cent in the last two years. The EU urgently needs more funding to respond to climate change-fuelled crises, the European Commission has warned. Its emergency aid reserve was exhausted in both 2021 and 2022 and natural disasters have increased this year. Europe is emerging from...
EU Chief Presses UAE President on Russia Sanctions Evasion. The European Union’s top official met the leader of the United Arab Emirates on Thursday for talks on topics including the export of sanctioned goods from the Gulf state to Russia, according to people familiar with the matter. Ursula von der Leyen described her discussions with UAE...
Record-breaking heat in China. Wildfires forcing Swiss villages to evacuate. Drought ravaging Spanish crops. As the costs of climate change rack up, a debate is surging among governments: who should pay? The question has been in the spotlight amid this week’s climate talks between the U.S. and China, where the world’s two biggest economies tried to find ways to work...
SUN Ship Management has become one of the main transporters of Russian oil to countries including India and Cuba. BRUSSELS — The EU is discussing whether to sanction Dubai-based shipping company SUN Ship Management Ltd, which is suspected of helping Russia circumvent restrictions on its oil exports, three diplomats told POLITICO’s Brussels Playbook on condition of anonymity....
SUN Ship Management has become one of the main transporters of Russian oil to countries including India and Cuba. BRUSSELS — The EU is discussing whether to sanction Dubai-based shipping company SUN Ship Management Ltd, which is suspected of helping Russia circumvent restrictions on its oil exports, three diplomats told POLITICO’s Brussels Playbook on condition of anonymity....
Sıtkı Ayan, the businessman helping Tehran sell oil, dodged US sanctions for years On March 22 of 2021, several of the world’s most dangerous men descended on Beirut’s historic seaside Summerland Hotel — not to swim in the Mediterranean or explore the sumptuous resort’s “Le Beach Pop Up,” but to talk Turkey. The meeting was...
Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. Western countries including the US and UK hit Russia with stringent sanctions in February after Russia invaded Ukraine. This prompted some oligarchs to...
One is a sanctioned businessman. Another is a convict. Two more are celebrities with ties to political power. What unites these disparate individuals? They are all Belarusian politically exposed persons listed as owning real estate in Dubai, a kingdom in the United Arab Emirates that has become a playground for the global rich. In May,...
Call to Blacklist Dubai and UAE Over ‘Dirty Money’ and Oligarchs. Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. Western countries including the US and UK hit Russia with...