clearn.png
Tuesday March 28th, 2023 4:17AM

US sanctions non-Russians linked to military suppliers

By The Associated Press

WASHINGTON (AP) — The U.S. said Monday it was imposing sanctions on a list of people and firms around the globe that it alleged are involved in supporting Russia's military as it wages war on Ukraine.

Unlike recent packages of sanctions imposed on Russia-based firms and people, the latest financial and diplomatic penalties are aimed at a range of entities including French real estate companies, a group of Swiss nationals and a Taiwanese microelectronic component purchaser.

They are all accused of being financial facilitators or enablers of Russia's military supply chain, which U.S. officials committed to disrupting after the invasion of Ukraine began in February.

“Businesses worldwide are advised to do their due diligence in order to avoid being targeted for sanctions," Secretary of State Antony Blinken said in a statement. He said the U.S. “will continue to crack down on Russia’s attempts to evade international sanctions to fund its war machine.”

The Treasury Department’s Office of Foreign Assets Control and the State Department designated 14 people, 28 entities and eight aircraft identified as being part of a transnational network that procures technology meant to build up Russia's military.

Additionally, family members of U.S.-sanctioned Russian elite Suleiman Kerimov were targeted for sanctions, as well as Russian businessman and investor Murat Aliev, a former executive at a Kerimov investment firm, and seven related companies.

“Together with our broad coalition of partners, we will continue to use our sanctions and export controls to weaken Russia’s military on the battlefield and cut into the revenue Putin is using to fund his brutal invasion,” Treasury Secretary Janet Yellen said in a statement.

In October, Treasury, Commerce and National Intelligence officials met with representatives from finance ministries from 33 countries to discuss the impact of international sanctions and export controls on Russia’s critical defense supply chains.

At that meeting, information from the Office of the Director of National Intelligence said Russia had lost more than 6,000 pieces of equipment since the beginning of the war and was turning to Iran and North Korea for supplies.

Russia last week retreated from the southern Ukrainian city of Kherson, which ended Russia’s eight-month occupation of the city.

The Biden administration also in October announced a round of criminal charges and sanctions related to a complicated scheme to procure military technologies from U.S. manufacturers and illegally supply them to Russia for its war in Ukraine.

Some of the equipment was recovered on battlefields in Ukraine, the Justice Department said, and other nuclear proliferation technology was intercepted in Latvia before it could be shipped to Russia.

___

Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine

  • Associated Categories: Associated Press (AP), AP Online Headlines - Washington, AP Business, AP Business - Economy
© Copyright 2023 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
High court rules against Arizona GOP leader in records fight
The Supreme Court has cleared the way for the House committee investigating the Jan. 6, 2021, insurrection at the U.S. Capitol to get phone records belonging to the leader of the Arizona Republican Party
11:37AM ( 21 minutes ago )
Sam Bankman-Fried's downfall sends shockwaves through crypto
Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire
11:33AM ( 24 minutes ago )
For Machine Gun Kelly in 'Taurus,' art imitates life
Popularly known as his rockstar persona Machine Gun Kelly and for his high-profile relationship with Megan Fox, Colson Baker stars as “Taurus” in a new film that he says draws inspiration from his own life
11:33AM ( 24 minutes ago )
Associated Press (AP)
Biden: Still not enough votes to codify abortion rights
President Joe Biden says he doubts there are enough votes in Congress to codify abortion rights
11:07AM ( 50 minutes ago )
After election, marijuana advocates look to next states
Marijuana advocates are looking toward their next states to target after experiencing some mixed results in the recent elections
10:31AM ( 1 hour ago )
Biden discusses Taiwan with Xi in effort to avoid 'conflict'
The White House says President Joe Biden has objected to what it says is China's “coercive and increasingly aggressive actions” toward Taiwan
10:15AM ( 1 hour ago )
AP Online Headlines - Washington
EU targets Iran's Revolutionary Guard over Russia war drones
The European Union has imposed sanctions on the chief of Iran’s Revolutionary Guard, the corp’s Aerospace Force and a company making drones that the bloc says have been used by Russia in its war against Ukraine
11:08AM ( 49 minutes ago )
Insurance fund for climate impacts announced at UN talks
The Group of Seven leading economies launched a new insurance system Monday to provide swift financial aid when nations are hit by devastating effects of climate change
11:08AM ( 49 minutes ago )
FTX bankruptcy also endangers founder's philanthropic gifts
The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX founder Sam Bankman-Fried in the “effective altruism” movement
10:53AM ( 1 hour ago )
AP Business
Ukraine, China-US frictions dominate at G-20 summit in Bali
Discord over Russia's war on Ukraine and festering tensions between the U.S. and China are ominous backdrops for world leaders gathering in Indonesia's tropical Bali island for a summit of the Group of 20 biggest economies
9:24AM ( 2 hours ago )
Sri Lanka aims to hike taxes in budget to soften crisis
Sri Lanka’s president has proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst economic crisis
7:39AM ( 4 hours ago )
Global stocks mixed amid inflation hopes, virus unease
Asian stocks have declined while Europe opened higher as optimism about lower U.S. inflation competed with unease over Chinese virus cases
4:01AM ( 7 hours ago )
AP Business - Economy
High court rules against Arizona GOP leader in records fight
The Supreme Court has cleared the way for the House committee investigating the Jan. 6, 2021, insurrection at the U.S. Capitol to get phone records belonging to the leader of the Arizona Republican Party
11:37AM ( 21 minutes ago )
Sam Bankman-Fried's downfall sends shockwaves through crypto
Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire
11:33AM ( 24 minutes ago )
For Machine Gun Kelly in 'Taurus,' art imitates life
Popularly known as his rockstar persona Machine Gun Kelly and for his high-profile relationship with Megan Fox, Colson Baker stars as “Taurus” in a new film that he says draws inspiration from his own life
11:33AM ( 24 minutes ago )
Zelenskyy calls liberation of Kherson 'beginning of the end'
Ukrainian President Volodymyr Zelenskyy has made a triumphant visit to the newly liberated city of Kherson
11:26AM ( 31 minutes ago )
Suspect in deadly U.Va. shooting taken into custody
Authorities say the suspect in the shooting at the University of Virginia that killed three members of the football team has been taken into custody
11:19AM ( 39 minutes ago )