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Thomson Reuters The US sanctioned Chinese and a Russian entities on Wednesday for helping service the illegal cigarette and alcohol trade in North Korea. According to the US Treasury, North Korea’s cigarette smuggling has reportedly netted the Kim regime over $ 1 billion per year. Profits from the cigarette trade and other smuggling schemes are […]
Enlarge / Daybreak’s story on the money behind this logo has been changing recently. Back in 2015, the former Sony Online Entertainment announced it was being bought by investment management firm Columbus Nova and changing its name to Daybreak Game Company (Everquest II, H1Z1, Planetside 2). Now that the US Treasury Department is sanctioning the […]
The US Department of Justice is reportedly investigating the tech company Huawei on accusations of breaching sanctions on Iran. The investigation, which sources say has been running since 2016, could anger China. Last week the US slapped restrictions on another Chinese smartphone maker, ZTE, for numerous infractions including breaching Iran sanctions. But China appears to […]
