The practice of US regulators punishing specific companies for violating sanctions is of great interest
In 2018, the US Department of the Treasury announced a settlement of claims against four companies totaling $60.8 million. The number of companies and the amount of the fines are small compared with previous years. In ...
... Caught between a rock and a hard place – the United States and Germany (for which Nord Stream 2 is extremely beneficial) – Sweden has chosen to blindly execute the necessary procedures. It has reviewed the documents submitted for the presence of fire ... ...
It is still unclear whether or not Allseas will pull out of the contract in light of the U.S. ban. In any case, the American sanctions against Nord Stream 2 will be a blow not only to Russia, but (and perhaps more importantly) to Europe itself. After ...