U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies
Posted inBanking and Financial Institutions Biden, Joseph R Jr Defense and Military Forces Executive Orders and Memorandums Russia Russian Invasion of Ukraine (2022) Supply Chain Treasury Department United States International Relations United States Politics and Government

U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies

President Biden will sign an executive order granting the Treasury Department broader powers to curb the flow of weapons components.
U.S. Prepares to Lift Ban on Sales of Offensive Weapons to Saudi Arabia
Posted inBiden, Joseph R Jr Civilian Casualties Embargoes and Sanctions Gaza Strip Houthis Israel Mohammed bin Salman (1985- ) Peace Process Red Sea Saudi Arabia Senate Committee on Foreign Relations United States International Relations United States Politics and Government War Crimes, Genocide and Crimes Against Humanity

U.S. Prepares to Lift Ban on Sales of Offensive Weapons to Saudi Arabia

Some lawmakers are likely to oppose the move, but officials said the Biden administration has noted the kingdom’s de facto cease-fire with the Houthi militia in Yemen.
U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
Posted inBanking and Financial Institutions Credit and Debt Defense and Military Forces Embargoes and Sanctions International Relations Politics and Government Russian Invasion of Ukraine (2022) United States International Relations US Dollar (Currency)

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.