Category: Embargoes and Sanctions

How Correspondent Banking Can Enable Sanctions Evasion

The New York Times – Business:
The correspondent system for banking has enabled globalism — and has been exploited by companies trying to skirt U.S. sanctions.
US Sanctions A7, a Russia Firm That Helps Sidestep Economic Restrictions

The New York Times – Business:
The move follows recent reports detailing how A7, a Russian financial firm, used shell companies around the world to move funds on behalf of restricted Russian businesses.
US Hits Canada With Ban on Some Dairy and Liquor Products

The New York Times – Business:
An outright ban on certain Canadian products took effect Tuesday, escalating a damaging trade fight between the two North American allies.
The ‘Monster’ Behind Russia’s Global Effort to Evade Western Sanctions

The New York Times – Business:
A Moscow firm uses shell companies and cryptocurrency to launder money, and a custom app to forge trade records, to help Russia bypass sweeping financial restrictions.
India Is Again Squeezed Between the Threat of Trump Tariffs and Russian Oil

The New York Times – Business:
India is trying to secure affordable energy while preserving a crucial relationship with Washington, a balancing act made harder by turmoil in global energy markets.
Trump Sanctions on Cuba Strands Thousands Of Shipping Containers

The New York Times – On the Runway:
The U.S. says its sanctions are not aimed at depriving Cuba of essential goods. Thousands of stranded shipping containers tell a different story.
The Hidden Human Cost of Kim Jong-un’s New Power

The New York Times – On the Runway:
The North Korean leader’s financial and diplomatic leverage rests on the brutal exploitation of his own people, from coal miners to diplomats, at home and abroad.
The Hidden Human Cost of Kim Jong-un’s New Power

The New York Times – On the Runway:
The North Korean leader’s financial and diplomatic leverage rests on the brutal exploitation of his own people, from coal miners to diplomats, at home and abroad.
The World Economy Is Becoming Wary of the U.S.

The New York Times – Business:
America’s position of global economic stability is starting to look shakier as the Trump administration piles on debt and doubles down on sanctions.
U.S. Imposes Sanctions on Russia’s VTB Bank Over Ties to Iran

The New York Times – Business:
The move, which targeted a bank that is already under U.S. sanctions, was part of the Trump administration’s Operation Economic Outcast initiative.
UK Sanctions Against Israeli Settlers Divide British Rabbis

The New York Times – On the Runway:
Prominent rabbis reacted with a mix of support, condemnation and concern about the ramifications for Jews in Britain.
Trump Takes No Position on Allies’ Sanctions Against Israeli Settlements

The New York Times – On the Runway:
The president declined to say whether the United States opposed measures taken by Britain, Canada and France over violence against Palestinians in the West Bank.