SANCTIONS

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Jan 04 2025POLITICS

Diversity Matters: Lessons from a Diverse Administration

Imagine this: a key figure in the U. S. Treasury, born in Nigeria, uses his experience to shape policies that protect ordinary people from the harsh side effects of sanctions. That's exactly what happened under the Biden administration. As the most diverse administration in U. S. history comes to an

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Dec 31 2024POLITICS

US Hits Russia and Iran Groups with Sanctions for Election Meddling

On Tuesday, the US government took action against groups from Russia and Iran, accusing them of trying to interfere in the upcoming US election. The Treasury Department announced sanctions on an Iranian company linked to the Revolutionary Guards Corps and a Russian organization tied to the military

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Dec 15 2024TECHNOLOGY

Cyber Hacker's Day Job: Spying for China

Imagine finding out that the person trying to hack into your system is not just some unknown person, but works for a company linked to the government! That's what happened with Guan Tianfeng, a 30-year-old Chinese national. The U. S. says he worked with others to hack into firewalls made by U. K. co

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Dec 03 2024POLITICS

Ukraine Gets a Boost: Arms & Aid in Action

In recent months, the United States has significantly ramped up its support for Ukraine. Just announced was a $725 million package, which includes lots of weapons like artillery, rockets, and defenses against air attacks. The plan is to send these supplies quickly to help Ukrainian forces defend the

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Nov 28 2024FINANCE

Ruble's Rollercoaster: A Look into Russia's Economic Struggles

Russia's ruble has been on a wild ride, hitting a low not seen since the start of the Ukraine war. The central bank had to step in to shore up the currency, which slid to 114 against the dollar. This sharp fall has experts worried about the country's economic health. They see signs of a full-blown c

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Nov 26 2024BUSINESS

Hong Kong and Money Laundering: What's Changing?

Lawmakers in the US are raising concerns about Hong Kong becoming a hub for financial crimes like money laundering. They think this change started happening after Beijing introduced a new law in 2020. Now, Hong Kong might be helping countries like Russia, Iran, and North Korea avoid international ru

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Nov 18 2024FINANCE

The Secret Wealth Managers Behind Oligarchs

After Russia's invasion of Ukraine, many countries like the USA, UK, and EU imposed sanctions on wealthy individuals close to Putin. But these rich folks, known as oligarchs, seem to dodge these punishments like pros. How? It's all about the secretive experts who help them hide their money offshore.

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Nov 07 2024POLITICS

Iran's Uncertain Future: What If Trump Comes Back?

Iran's in a tricky situation. With the possibility of Donald Trump coming back to power, no one knows what's next. Some folks worry he might cause trouble, while others hope he'll go the peaceful route, like he did with North Korea. The U. S. and Iran have had a rocky relationship since 1979, but Tr

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Nov 06 2024TECHNOLOGY

Huawei's Big Hire Hunt: Poaching TSMC Engineers

You might have heard about the ongoing feud between Huawei and the US government. It's been a big deal in the tech world, with Huawei facing sanctions that make it tough for them to get the latest chips. But Huawei isn't letting that stop them. They're on a mission to expand their chip manufacturing

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Nov 04 2024POLITICS

Drone Barrage: Ukraine's Night Sky Lit Up with Russian Attacks

Imagine the night sky over Ukraine, filled with drones and missiles sent by Russia. That's what happened recently, with nearly 100 drones and one guided missile making their way into Ukrainian territory. But Ukraine's Air Force was ready, shooting down 66 of those drones and the missile. Some drones

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