A massive money-laundering operation in the UK has been using cryptocurrency to move huge sums of cash. This scheme, which involved 28 towns and cities, turned profits from illegal activities like drug trafficking and gun sales into digital currency. Some of this money even ended up supporting Russia's war efforts, helping the country avoid international sanctions. ...
Donald Trump, the U. S. president, has had a change of mind about sanctions on Russia. He's now willing to sign a bill that enforces these penalties, but there's a catch. Trump insists on having the final say on any sanctions that get implemented. This shift comes after Trump supported Republican lawmakers crafting the sanctions bill. The bill aims to penalize count...
A meeting between President Trump and Hungarian Prime Minister Viktor Orban is set for Friday. It's expected to be a friendly chat between two leaders who often disagree with their European partners on Russia's actions in Ukraine. But there's a big issue on the table: U. S. sanctions on Russia's top energy companies. Hungary relies heavily on Russia for its energy n...
The United States is ramping up its economic pressure on Russia. The goal? To cut off the money flowing into Russia's military. This is all part of a new plan to force Russia to stop its aggression in Ukraine. The U. S. is targeting Russia's biggest oil companies. Rosneft and Lukoil are two of the largest. These companies, along with their overseas branches, are lik...
So, there's this big shot from the U. S. Treasury, Scott Bessent, who was chatting on TV recently. He's been busy talking to China about some serious stuff, like tariffs and trade deals. He said they might have worked out a truce, which is good news because the U. S. was threatening to slap a huge 155% tariff on China. That's a lot of extra money on imports! But now,...
President Donald Trump had a busy day of meetings and announcements. He sat down with NATO Secretary General Mark Rutte in the Oval Office. Rutte praised Trump's efforts to bring peace to the Middle East and offered NATO's support for Ukraine. This meeting happened just as the U. S. announced new sanctions against Russia's major oil companies, Rosneft and Lukoil. Tre...
Ukrainian President Volodymyr Zelenskiy is in London to meet with key allies, aiming to boost Ukraine's position in potential future peace talks with Russia. The British Prime Minister, Keir Starmer, is pushing for a group of supportive countries to implement tougher measures against Russia. These measures include cutting off Russian oil and gas from the global marke...
Russia's relentless attacks on Ukraine have pushed Europe and the U. S. to work together on new sanctions. This is a big deal because it's the first time since Trump's return that both sides are on the same page. The EU sent a team led by David O'Sullivan to Washington to discuss these measures. The goal? To hit Russia where it hurts and make Putin think twice about...
Russia was notably absent from the list of countries facing new trade tariffs from the US. This omission has sparked various reactions and interpretations. Some Western observers expressed disappointment, seeing it as a sign of favoritism. However, the reality is more nuanced. Existing US sanctions against Russia have already severely limited trade between the two na...
The European Union just rolled out its 16th round of sanctions against Russia. This time, they're really clamping down on crypto. It's been three years since the Ukraine war started, and the EU is getting serious about shutting down financial loopholes. The latest package targets 83 new names, including individuals and organizations. The big focus is on crypto trans...