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Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a Chinese company responsible for a wide range a wide of "malicious cyber operations" targeting high-ranking U.S. government officials including staff at the White House; the Departments of Justice, Commerce, the Treasury, and State; members of Congress, including both Democrat and Republican Senators; the United States Naval Academy; and the United States Naval War College’s China Maritime Studies Institute.
The organization also is responsible for cyber attacks on multiple Defense Industrial Base victims, including a defense contractor that manufactured flight simulators for the U.S. military, a Tennessee-based aerospace and defense contractor, and an Alabama-based aerospace and defense research corporation. Additionally, APT 31 actors gained unauthorized access to a Texas-based energy company, as well as a California-based managed service provider.
Treasury’s Office of Foreign Assets Control (OFAC) sanctioned thirteen entities and two individuals for operating in the financial services and technology sectors of the Russian Federation economy including persons developing or offering services in virtual assets that enable the evasion of U.S. sanctions.
“Russia is increasingly turning to alternative payment mechanisms to circumvent U.S. sanctions and continue to fund its war against Ukraine,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence, Brian E. Nelson.
The Commerce Department has announced significant updates to its antidumping and countervailing duties (AD/CVD) regulations.
In voluminous revisions to the proposed rule of May 2023, Commerce is revising some of its procedures, codifying certain areas of its practice, and enhancing certain areas of its methodologies and analyses to address price and cost distortions, as well as certain countervailable subsidies, in different capacities.
In this final rule, persons blocked under fourteen OFAC sanctions programs will be subject to stringent export controls under the EAR.
Each program is listed below with the corresponding sanctions authority and program code or “identifier,” arranged by thematic program to assist understanding.
Related to Russia’s invasion of Ukraine:
For the first time in history, the Chiefs of Navy for the AUKUS countries will convene at a public forum during the Indian Ocean Defense & Security Show (IODS) in Perth, scheduled from July 24 - 26, 2024.
This forum will focus on discussions regarding AUKUS Pillars 1 & 2, including but not limited to the Nuclear Submarine program. Moreover, it will serve as a platform for AUKUS experts to delve into the opportunities emerging as these nations progress.
Rep.Mike Gallagher (R-WI) the 40 year old former Marine Intelligence officer with a PhD in international relations will leave the House of Representatives after the Easter Recess.
Gallagher has found himself at odds with mainstream Republicans, angering his caucus last month by refusing to impeach Homeland Security Secretary Alejandro Mayorkas.
When Gallagher steps down, the Republican majority will be 217-213, meaning that Speaker Mike Johnson can only afford to lose one vote in order to pass legislation if Democrats remain united in opposition.
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