Restrictions

Russian gold and diamonds could still be sold in the U.S. despite being sanctioned, lawmakers and industry participants say, unless companies and governments tighten their controls.In theory, U.S. and European sanctions have outlawed the sale of gold and diamonds from Russia. In practice, Russian gems and precious metals are likely still entering Western markets, these people say, often via a hard-to-police global web of middlemen. Tougher controls are needed to “make sure Russia can’t use its gold reserves to fund the…

Breadcrumb Trail Links Toronto & GTA Music Celebrity Publishing date: Feb 11, 2022  •  February 11, 2022  •  2 minute read  •  Join the conversation Elton John performs during the Farewell Yellow Brick Road Tour at Smoothie King Center in New Orleans, Jan. 19, 2022. Photo by Erika Goldring /Getty Images Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.…

Sovcomflot has sold about a dozen ships to buyers in Asia and the Middle East, according to people familiar with the matter, as the Russian state-controlled company works to repay loans to Western banks ending business ties to comply with sanctions. The company, among the world’s largest tanker operators, sold five tankers to Dubai-based Koban Shipping and four natural-gas carriers to Singapore-based Eastern Pacific Shipping, the people said. Eastern…

The controversial Texas social media law HB 20 will take effect following a ruling today from a US appeals court. The tech industry trade groups NetChoice and the Computer and Communications Industry Association (CCIA) managed to block HB 20 in court last year, but that victory has been undone by the Fifth Circuit Court of Appeals, which today granted Texas Attorney General Ken Paxton’s request for a stay in NetChoice and CCIA v. Paxton. NetChoice and the CCIA were successful in blocking a similar law in Florida last…

The European Union is struggling to finalize the terms of an oil embargo on Russia amid resistance by Hungary, whose leader claimed Friday that the proposed embargo would hit his economy like an atomic bomb.Prime Minister Viktor Orban has long cultivated close ties with Moscow and hasn’t joined other EU and North Atlantic Treaty Organization countries in trying to arm Ukraine. He is insisting on more time and EU money if Hungary is to join the rest of the bloc in transitioning away from…

HONG KONG—Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coercion.Several major companies are curtailing shipments in Russia, where Chinese tech firms dominate the market for many products, without making any public announcements, according to interviews with people familiar with the matter. They include PC giant Lenovo Group Ltd. and smartphone and gadget maker Xiaomi Corp., the…

Image for representation. (File photo/News18)The ease of travel restrictions, endorsed by the country's operational headquarters for Covid-19 prevention and control, took effect on Friday, April 15.IANS Last Updated:April 17, 2022, 11:15 ISTFOLLOW US ON:Fully vaccinated people arriving in Azerbaijan will no longer have to take PCR tests, the country’s authorities announced. The ease of travel restrictions, endorsed by the country’s operational headquarters for Covid-19 prevention and control, took effect on Friday, April…

Image for representation.Asiana Airlines Inc., South Korea's second-biggest carrier, announced on Monday it will reopen the route to India this week as eased Covid-19 restrictions unleash pent-up demand.IANS Last Updated:April 26, 2022, 13:47 ISTFOLLOW US ON:Asiana Airlines Inc., South Korea’s second-biggest carrier, announced on Monday it will reopen the route to India this week as eased Covid-19 restrictions unleash pent-up demand.Asiana will offer one flight a week on the Incheon-Delhi route starting from Friday after…

The iPhone 14 series should get a September release date like most of its predecessors, but delays aren’t necessarily out of the question. We’ve seen Apple delay certain iPhone models in the past, although only the iPhone 12 launch triggered an announcement delay. That was back in 2020, the first year of the COVID-19 pandemic. The world was still dealing with widespread restrictions that impacted manufacturing and logistics. The iPhone 12 series was also a victim, and Apple postponed the launch event to October…

The US Senate voted unanimously on Thursday to approve legislation to prevent companies such as Huawei or ZTE that are deemed security threats from receiving new equipment licenses from US regulators.The Secure Equipment Act, the latest effort by the US government to crack down on Chinese telecom and tech companies, was approved last week by the US House on a 420-4 vote, and now goes to President Joe Biden for his signature."Chinese state-directed companies like Huawei and ZTE are known national security threats and have…