Forwarders vexed by the many updates to Russian sanctions regime
Forwarders say they are finding it increasingly difficult to keep up with changes in European ...
An Israeli forwarder has been handed a two-year jail stretch for breaching US sanctions on Russia by sending some 160 shipments of aircraft parts and avionics worth $2m.
49-year-old Gal Haimovich was given the custodial sentence on Friday, and also faces three years of supervised release and forfeiture of the more than $2m he made in the scam, which involved deceiving US companies on the true destination of shipments.
A US Department of Justice statement said ...
Comment on this article
Dwight Campbell
February 28, 2025 at 6:52 pmRussia is focusing on BRICS. I notice this is the 16th time this is being done. What makes anyone believe that this is the feather that will break down the Russians and have them running to Europe asking for relief from this.
Russia has done quite well for itself, and is now welcoming negotiations with the previously unrelenting US regime. The threat of NATO on their border is almost over with as I write this. The US has capitulated militarily on this front. The US is now desperately looking for compensation from a country that has no means to pay for the ridiculous amount of money/arms/blood spent on it.
If Europe had no will to build up it’s military to enforce it’s will, and relied almost 100% on the US to determine EU foreign policy, how does sanction #16 just throw fear into the Russians to the point of surrendering to the imaginary European military?