Canada and UK impose similar sanctions for Riad Salameh. The Department of the Treasury has sanctioned the former governor of Lebanon’s central bank Riad Salameh for secretly investing…
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Russia Refuses to Extend Ukraine Grain Export Deal
The Black Sea Grain Initiative allowed more than 32 million tons of grain and other food to be exported from Ukraine. Russia has announced its withdrawal from the…
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Treasury Department Official Returns to Southern Border
The intention is to disrupt illicit financial networks. Under Secretary of the Treasury for Terrorism and Financial Intelligence, Brian Nelson, met with law enforcement when he visited the…
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House Bill Addresses Chinese Exploitation of Congolese Children
China uses children to mine the cobalt used in EV batteries. U.S. Representative Chris Smith of New Jersey introduced legislation that would ban products containing minerals secured with…
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China Refuses Military-to-Military Meeting
The Pentagon had suggested a meeting between defense chiefs. The Pentagon invited Chinese Defense Minister Li Shangru to meet with Defense Secretary Lloyd Austin at an annual security…
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Treasury Reaches Settlement with British American Tobacco
Resolves alleged violations of U.S. sanctions against North Korea. The Department of the Treasury reached a legal settlement with British American Tobacco (BAT) on Thursday, allowing the company…
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Treasury Sanctions Russian Metals and Mining
Similar regulations are imposed by other G7 members. The Department of the Treasury announced a new determination last week that sanctions and blocks the import of Russian metals…
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Treasury Places Sanctions on MS-13 Gang Leaders
Drug trafficking, money laundering, and murder are some of the gang’s regular activities. The Treasury Department has imposed sanctions against two key members of the MS-13, an international…
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U.S. and Turkey Join Forces to Curtail Financing of ISIS
Turkey imposes a financial freeze while the U.S. implements sanctions. The governments of the United States and Turkey took simultaneous joint actions to disrupt an ISIS financial facilitation…
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OFAC Sanctions Companies Linked to Iranian Oil
Fifth round of designations against Iranian petroleum trade. The Office of Foreign Assets Control at the Department of the Treasury recently sanctioned 13 companies for their facilitation in…
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