The Biden administration said on Friday it has imposed new trade restrictions on 93 entities from Russia, China, Turkey, the United Arab Emirates, Kyrgyzstan, India and South Korea for supporting Russia’s war effort in Ukraine. The action, one day before the second anniversary of Russia’s invasion of Ukraine, essentially bans U.S. shipments to the targeted...
As the glittering skyscrapers of Dubai continue rising ever higher, new evidence shows this glitzy emirate has also constructed a massive offshore haven enabling some of the world’s most repressive regimes and drug cartels to shield wealth and escape consequences for human rights abuses. An in-depth investigation drawing on leaked property records and intelligence sources...
Britain imposed sanctions Monday against four Israeli nationals, accused of violently attacking Palestinians in the Israeli-occupied West Bank. British Foreign Secretary David Cameron called the four individuals “extremist Israeli settlers” and imposed strict financial and travel restrictions on them because of what was described as their “egregious abuses of human rights.” “Extremist Israeli settlers are...
Some Russian banks appear to have maneuvered around a ban on shipping dollars and euros to the country by trading gold in the United Arab Emirates and Turkey, according to research from a financial-intelligence company. The sanctions on export of banknotes were introduced after the Kremlin’s invasion of Ukraine. The report compiled by Sayari found...
A key US lawmaker is urging the Commerce Department to consider trade restrictions on Abu Dhabi artificial intelligence firm Group 42 Holdings over its ties to China. House China Select Committee Chairman Mike Gallagher, a Republican from Wisconsin, raised concerns about G42’s relationships with blacklisted Chinese companies including Huawei Technologies Co. and Beijing Genomics Institute, as well as risks to research...
PARIS – French sports retail giant Decathlon has secretly continued selling clothes in Russia despite officially pulling out in protest at Russia’s war in Ukraine, according to a media report on Dec 19. The multinational retailer, which posted sales of €15.4 billion (S$22.4 billion) in 2022, announced within weeks of Russia’s invasion of Ukraine that it...
Blood Gold Report: Key Findings The Kremlin has earned more than US$2.5 billion from trade in African gold since Vladimir Putin launched his full scale invasion of Ukraine in February 2022. In the Central African Republic (CAR), a Wagner front company has been awarded exclusive rights to the Ndassima mine, the country’s largest gold mine, in return...
His presence presented a symbolic split screen: Global climate talks in one frame, Putin’s oil negotiations in the other. DUBAI, United Arab Emirates — While everyone else was trying to rescue the world from climate catastrophe, Vladimir Putin was negotiating Russia’s oil exports down the road. As the COP28 climate talks in Dubai reached their...
Oil production cuts agreed by the OPEC+ group will take time to kick in, the Kremlin said on Tuesday as it confirmed that President Vladimir Putin would visit the United Arab Emirates and Saudi Arabia on Wednesday. Putin will also host Iranian President Ebrahim Raisi in Moscow the following day, Kremlin spokesman Dmitry Peskov said....
American spy agencies have warned about the Emirati firm G42 and its work with large Chinese companies that U.S. officials consider security threats. By Mark Mazzetti and Edward Wong Mark Mazzetti, an investigative reporter focusing on global intelligence, and Edward Wong, a diplomatic correspondent and former Beijing bureau chief, have reported together on Middle East...