Economic Sanctions

The curious case of the US Treasury and Gaz Group

By Brian O’Toole

The US Treasury Department’s Office of Foreign Assets Control (OFAC) very quietly issued two extensions of general licenses on July 22 related to Vladimir Putin-tied oligarch Oleg Deripaska’s Gaz Group that, while apparently going unnoticed, constitute a significant change in the sanctions on Gaz, which can now seemingly operate according to something like business as usual.

US opens door to Nord Stream II sanctions and transatlantic tensions

By Brian O'Toole and Daniel Fried

While nominally targeting Nord Stream II, Pompeo's sanctions announcement may pit the United States against its NATO ally Germany in a stand-off over the long-disputed project.

Ambassador Fried testifies to House Committee on Foreign Affairs on exposing and demanding accountability for Kremlin crimes abroad

Exposing and demanding accountability for Kremlin crimes abroad

Can Washington avoid a China “shake and bake”?

By Julia Friedlander

Washington is mounting a regulatory onslaught in response to China’s transgressions with no defined trajectory. The coming weeks will be a test whether US actions will send a clear message, or whether we’ll have a China shake-and-bake.