Tag Archives: sanctions

Sanctions against Russian companies and individuals have become a common tool for Western governments to exert pressure on the country’s domestic and foreign policy. However, a new study published in Russia’s main business daily Kommersant finds that sanctions targeted against executives – as opposed to oligarchs or politicians – may have unintended and long-term… Source link

(Bloomberg) — Most Read from Bloomberg An unprecedented chunk of the global diesel market, the workhorse fuel of the global economy, is just weeks away from being subject to aggressive sanctions. From Feb. 5, the European Union, the G-7 and its allies will attempt to impose a cap on the price of Russia’s fuel exports — the latest punishment for its invasion of Ukraine. That will coincide with an EU prohibition on almost all imports of Russian oil products. Similar measures are already in… Source link

Russian tech giant Yandex has registered holding companies in Armenia and the U.S. in order to bypass international sanctions on Russia over the invasion of Ukraine, Russian-language TV channel RTVI reported on Thursday. Senior Yandex managers Maxim Zagrebin and Dmitry Stepanov registered Beyond ML, a company that itself owns a dozen technology startups, in Armenia in August, according to RTVI, while a second legal entity called Beyond ML Inc. was registered in the U.S. at the same… Source link

Summary Companies Law firms Related documents Epic Games, others accuse Google of deleting evidence Google’s lawyers call bid “meritless” (Reuters) – Google parent Alphabet Inc on Thursday denied claims in an antitrust case in California federal court that the company had deleted employees’ electronic “chats” to deprive plaintiffs of evidence in their case alleging anticompetitive conduct within the Google Play Store. Lawyers for Google at law firms Morgan, Lewis & Bockius and at Munger, Tolles &… Source link

Russian billionaire Arkady Volozh still owns property in Amsterdam even though the European Union sanctioned him. The founder of the Russian search engine Yandex managed to avoid the Dutch government’s detection through a property construction, according to NRC and De Groene Amsterdammer. Volozj owns a mansion on Vossiusstraat right next to the Vondelpark. He bought it in two transactions from 2018 to 2019, paying a total of 3.4 million euros. He purchased the house through Paraseven… Source link

Russian billionaire on sanctions list owns multimillion euro home in Amsterdam: Report | NL Times Skip to main content Source link

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link

Russian President Vladimir Putin visits the Laura Cross-country Ski and Biathlon Center at the 2014 Sochi Winter Paralympic Games March 15, 2014. REUTERS/Michael Klimentyev/RIA Novosti The only thing stopping Nord Stream 1 gas flows are Western sanctions, the Kremlin said ahead of the three-day shutdown. “There are guarantees that, apart from technological problems caused by sanctions, nothing hinders the supplies,” a spokesperson said. Europe has still been preparing for a total shutoff of… Source link

The former head of Russia’s top tech firm Yandex Tigran Khudaverdyan has challenged sanctions against him over the Ukraine war in a European Union court. Khudaverdyan filed a lawsuit on June 7 demanding the European Council lift its “discriminatory and disproportionate” sanctions against him. The lawsuit was first reported by TV channel RTVI on Monday evening.  Khudaverdyan quit as Yandex executive director and deputy CEO in March after being hit with an EU asset freeze and… Source link