US Treasury Department

The new round of US sanctions on the war in Ukraine is targeting a major Russian commercial bank and a "global network" of more than 40 individuals and entities.

According to the announcement of the US Treasury Department, the specific network was under the leadership of the Russian oligarch, Konstantin Malofeev, whose activities had extended to Greece.

The United States and the European Union are almost ready with a comprehensive package of sanctions that Russia will impose if it invades Ukraine, Reuters reported, citing US and European official sources.

Senior US senators have called for "full accountability" in the World Bank case involving Kristalina Georgieva.

The chairman of the Senate Foreign Relations Committee, Democrat Robert Menendez, and James Rich, who is the highest-ranking Republican on the committee, sent a letter to President Joe Biden.

World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied "undue pressure" on staff to boost China's ranking in the bank's "Doing Business 2018" report, according to an independent investigation released Thursday.

Acting on its own initiative, Bulgaria's prosecution service has instituted six case files after the US Treasury Department and State Department announced on Wednesday that they are sanctioning a total of six Bulgarians over their involvement in significant corruption. 

The Prosecutor's Office announced today that it is launching an investigation into the information disclosed by the State Department of the United States on corruption activities involving Vasil Bozhkov, Delyan Peevski, Ilko Zheliazkov, Alexander Manolev, Petar Haralampiev and Krasimir Tomov.

The Movement for Rights and Freedoms (MRF) issued a statement this morning responding to yesterday's news concerning the sanctions against its member and longtime MP Delyan Peevski imposed by the Office of Foreign Assets Control (OFAC) of the US Treasury Department.

The Islamic State terror group was largely defeated through a coordinated international effort almost two years ago.

Surviving networks of the Islamic State terror group still seem to have access to an estimated 100 million dollars in cash reserves hidden across the Middle East, according to a US Treasury Department report cited by Al-Monitor on Monday.

Surviving networks of the Islamic State terror group still seem to have access to an estimated 100 million dollars in cash reserves hidden across the Middle East, according to a US Treasury Department report cited by Al-Monitor on Monday.