US Sanctions
Economy
Greek Shippers Exit Russian Oil Trade Amid Growing US Scrutiny
Three major Greek shipping companies, Minerva Marine, Thenamaris, and TMS Tankers, have ceased transporting Russian oil in recent weeks to avoid US sanctions. They are aimed at targeting shipping firms engaged in the movement of Russian oil.
The move is...
Business
Largest Diamond in a Decade Discovered in Russia
Alrosa, the world's largest diamond-producing company, announced on Sunday that it has unearthed the largest gem-quality diamond in Russia in the past decade.
The 390.7-carat diamond was extracted from one of Alrosa's mines in the Republic of Sakha, also known...
Greece
American Producer Arrested for Trying to Set-up TV Station in Greece on Behalf of Russian Oligarch
American TV producer John Hanick aka “Jack Hanick,” United States citizen, has been charged with violating the Crimea-related United States sanctions in connection with his years-long work in Greece, Bulgaria and Russia for the sanctioned Russian oligarch Konstantin Malofeyev.
According...
Military
Turkey Reveals its New Advanced Laser Weapon System
Turkish defense firm Meteksan Defense Industry have revealed their latest piece of military technology, a new ground-based laser weapon system named NAZAR. The company said that the laser will have its public debut at the 2021 International Defense Industry...
Europe
Erdogan Claims US Sanctions Part of “Hostile Stance” Against Turkish Sovreignty
Turkish President Recep Tayyip Erdogan charged on Wednesday in a videoconference address that the sanctions imposed by the United States as punishment for his nation's purchase of the S-400 missile system from Russia last year was evidence of the...
Diplomacy
Greece Welcomes US Sanctions Against Turkey
Greece welcomed the United States sanctions to be levied against two ministries and three officials of Turkey on Monday.
According to the Treasury's Office of Foreign Assets Control, the action taken in response to Turkey’s military operations in Syria will affect Turkey’s...