Tag: sanctions regime
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Blockade Could Worsen Venezuela Economy, Not Topple Maduro
Overview: A sanctions move with limited political leverage The Trump administration’s order to block all sanctioned oil vessels in and out of Venezuela aims to choke the revenue that underpins the Maduro regime. In theory, cutting off a primary source of hard currency could destabilize the Venezuelan economy and intensify domestic pressure. Yet historical precedent…
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EU Court Advocate General Urges Dismissal of Latvia’s Appeal in Aven and Fridman Sanctions Case
Background: Aven and Fridman Sanctions in the EU The EU has maintained targeted sanctions against Russian-born financiers Pyotr Aven and Mikhail Fridman in response to geopolitical tensions surrounding Russia’s actions in Ukraine. Latvia, as an EU member state, has a stake in how these sanctions are administered and challenged within the Union’s legal framework. The…