Russian-Dutch Businessman Jailed 18 Months for Sanctions Violations

A court in the Netherlands has sentenced a dual Russian-Dutch citizen to 18 months in jail for violating EU sanctions by selling computer chips to companies linked to Russia’s defense sector.  The Rotterdam District Court said Tuesday that the unidentified businessman exported dual-use electronic goods to companies “closely related to” Russia’s arms and defense industry.…

Russia Introduces New Currency Controls for Exiting Companies to Prop Up Ruble – FT

Moscow has introduced strict new currency controls for foreign companies selling off their Russia-based assets as it attempts to shore up a weakening ruble, the Financial Times reported Tuesday, citing anonymous sources familiar with the matter. The new restrictions add to existing rules requiring foreign companies that seek to leave the country to sell their Russian…

Russia to Spend Funds From Seized Zelensky Apartment on Ukraine War

Russian authorities will spend the earnings from the sale of Ukrainian President Volodymyr Zelensky’s apartment in annexed Crimea on Moscow’s war effort in Ukraine, a Russian-installed official said Tuesday. Crimea’s Kremlin-backed government auctioned off Zelensky’s confiscated apartment for 44.3 million rubles ($481,500) on Monday, with its buyer identified as Moscow resident Olga Lipovetskaya. “We unequivocally determined that the…

Chechnya’s Kadyrov Orders Police to Shoot Protesters Amid Anti-Israeli Unrest

Chechen leader Ramzan Kadyrov has issued shoot-to-kill orders against protesters to prevent unrest similar to Sunday night’s anti-Israeli riot in neighboring Dagestan, state media reported Tuesday. The RIA Novosti news agency said Kadyrov had instructed Interior Ministry and National Guard forces to detain anyone who takes to the streets in the Muslim-majority republic of Chechnya…