EU prepares to intensify sanctions against Russia
The European Union (EU) is preparing to increase pressure on Russia by changing the sanctions adoption procedure – the bloc’s foreign policy chief Kaja Kallas proposed to compile monthly…
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Sanctions tailored for companies also affect employees: what is important to know?
When companies apply international sanctions, employees can find themselves in very different situations. In some cases, company representatives communicate with employees and resolve…
Unexpected prediction from a powerful Kremlin banker: “We will not win”
The chief economist of the main Russian state bank “Vnešekonombank” (VEB), Andrey Klepach, stated that Russia will not be able to win a long-lasting war against the West…
Blow to the Kremlin: the last remaining Russian TV manufacturer is going bankrupt
Moscow court declared bankruptcy for the company “Kvant” – the only television manufacturer in the country included in the Ministry of Industry and Trade of Russia’s radio electronics…
Belarusian company supplied equipment for missiles to Russia: Lithuania also mentioned
A company based in Vienna, violating EU sanctions through various countries, including Lithuania, supplied equipment to Russia for the production of EU missile and fighter jet engines.
After the “Mere” closure – first movements: several suppliers allowed to retrieve goods
After the European Union (EU) imposed sanctions on the owners of the Russian capital retail chain “Mere” and all stores were closed across Lithuania in one day, huge losses were suffered…
European Union approved new sanctions against Russia
The European Union (EU) on Friday approved new sanctions against five Russian citizens supporting the country’s military-industrial complex, EU foreign policy chief Kaja…
FNTT froze the funds of “Valientė”, the company controlling “Mere”, and two other companies
At the end of July, after the European Union sanctioned the owners of the retail chain group “Svetofor Group,” which also owned the “Mere” stores operating in Lithuania, Financial…
JT experts: US sanctions push Cuba into deep crisis
United Nations (UN) human rights experts on Thursday warned the international community to take urgent action to prevent US sanctions that are pushing Cuba into “…
A painful blow to Russia that wanted to bypass sanctions
Considering the sanctions imposed by many countries around the world on Russia due to its initiated invasion of Ukraine, the Kremlin is implementing a large-scale import reorganization program. However…