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USA imposes sanctions against Russian company for illegal transfer of funds to North Korea
On September 13th, the US Treasury Department imposed sanctions against two companies registered in Russia and China using North Korean capital. Both companies are engaged in the field of information technology.
According to US Secretary of the Treasury Steven Mnuchin, Chinese company China Silver Star, established by a North Korean citizen, Jong Song Hwa and its Russia-based sister company Volasys Silver Star, registered in Vladivostok, were engaged in the transfer” of “illicit revenue to …
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Gazprom loses appeal in court case with Ukraine's Naftogaz
The Svea Court of Appeal has re-authorized the seizure of Gazprom’s assets in order to collect $2.6 billion in favor of Naftogaz Ukraine.
On Thursday, the Swedish court removed the temporary suspension of the fine enforcement measures, which had been introduced in June at Gazprom’s request, Reuters reports.
The Russian gas company asked to have the original ruling of the Stockholm Arbitration Institute revoked on the basis of external interference in the process. Citing a “world renowned …
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Czech authorities do not see reasons to lift sanctions from Russia
The authorities of Czech Republic are convinced that there is not yet a reason to lift anti-Russian sanctions of the EU. The Czech leadership came to this conclusion during consultations regarding the implementation of the course of foreign policy of the country, held on Wednesday, in the presidential residence, reports Ceske Noviny.
During a meeting held at the Prague Castle, all politicians agreed that the reasons, on which anti-Russian sanctions were introduced, still exist. In a joint …
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Russian ‘spam king’ pleads guilty to cyber fraud in US court
38-year-old Russian citizen Peter Levashov pleaded guilty to charges of cyber fraud in US District Court in Hartford, Connecticut, as stated in a press release published on the website of the US Justice Department.
“Levashov pleaded guilty before US District Judge Robert N. Chatigny to one count of causing intentional damage to a protected computer, one count of conspiracy, one count of wire fraud and one count of aggravated identity theft,” the press release stated. “Judge Chatigny scheduled …
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Russia: Joint exercises with China will be held regularly
Beijing sent 3,000 troops to take part in Vostok-2018 (East-2018) military exercises.
Russian Defense Minister Sergey Shoygu said that Moscow and Beijing plan to hold regular joint military exercises, similar to the exercises that are held this week.
On Wednesday, Shoygu and his Chinese counterpart General Wei Fenghe visited Tsugol training range in eastern Siberia, where joint military exercises with 300,000 Russian and 3,200 Chinese soldiers are held.
The weekly military exercises Vostok-20 …