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The Latest Breaking News from Department of Treasury

US Sanctions Nine Entities of ‘Critical Role’ in Iranian Petrochemicals, Petroleum Trade

The United States on Thursday imposed sanctions on nine Iranian entities it accused of playing a critical role in the production of petrochemicals and petroleum. Secretary of State Antony Blinken said in a statement that the latest sanctions were part of “continued efforts to enforce US sanctions on Iran’s petroleum…

Asharq Al-Awsat

Kraken Exchange Fined By US Government For Allowing Crypto Transactions In Iran

Kraken, one of the top crypto exchanges by trading volume, agreed to pay up a settlement in violations of the sanctions policy.

Zenger

U.S. issues new Russia-related sanctions - website

The United States on Monday issued another round of Russia-related sanctions, targeting 14 people, 28 entities and eight aircraft, according to a notice posted on the Department of Treasury website.

Reuters

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US House of Representatives Urges EU to Designate 'Hezbollah' in its Entirety as Terrorist

The US House of Representatives approved a resolution "urging the European Union to designate Hezbollah in its entirety as a terrorist organization." The draft proposed by Democratic and Republican representatives aims to pressure the EU to follow the US and include Hezbollah's political wing in its terrorist lists. The bill's…

Asharq Al-Awsat

Public Trustee fee structure questioned in damning auditor-general report calling for urgent review

A damning auditor-general report finds WA's Public Trustee is only "partly effective" at carrying out its functions while questioning the way it charges for its services.

ABC News

Unions: Freeze contributions, use Covid relief funds to offset proposed hikes in public workers' health care premiums

Union leaders say the steep proposed rate increases to the State Health Benefits Program would “cause a financial crisis for New Jersey workers, the public and State and local governments.”

Politico

U.S. targets yachts, cellist linked to Putin over Russia's war in Ukraine

The Biden administration on Thursday issued a raft of new sanctions aimed at punishing Russia for its invasion of Ukraine, with targets including several yachts linked to Russian President Vladimir Putin, an oligarch who heads a major steel producer, and a cellist it says acts as a middleman for the…

Reuters

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UK Department Of Treasury Rushes To Regulate Stablecoins In The Wake Of The Terrapocalypse

The United Kingdom's Department of Treasury — or Her Majesty's Treasury — is regulating stablecoins following the collapse of TerraUSD (CRYPTO: UST) which brought down major cryptocurrency Terra (CRYPTO:

Benzinga

Australia is bringing migrant workers back – but exploitation is still rampant. Here are 3 changes needed now

If the COVID years have taught us anything about migration, it is that Australia depends on it. About 7% of our workforce holds a temporary visa. When many international students, backpackers and other temporary visa holders suddenly left during COVID, the ensuing staff shortages revealed how vital these workers are…

The Conversation

US government offers $5m reward for arrest of Kinahan crime family

Daniel Kinahan has been heavily associated with professional boxing over recent years

Liverpool Echo

India studying U.S. sanctions on Russian diamond major Alrosa

Diamonds have been a major component of trade between India and Russia in the recent years

The Hindu

U.S. seizes Russian oligarch's $90 million yacht in Spain

It's owner, a Russian oligarch and Putin ally, has been sanctioned by the Department of Treasury since at least 2018.

Axios

What are sanctions and how are they enforced?

An alternative to military action, sanctions are economic foreign policy tools.

USAFacts

U.S. Treasury imposes more sanctions on Lebanese individuals -website

The U.S. Department of Treasury has targeted three Lebanese nationals along with 10 entities under global terrorism related sanctions, it said in a post on its website on Friday.

Reuters

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