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War: US Unveils New Round Of Sanctions Against Russia

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The United States Treasury, on Wednesday, announced a new round of sanctions against Russia, singling out individuals and entities involved in attempts to evade previous sanctions imposed by the U.S. and its allies.

“Today, the U.S. is targeting Russian financial and operational support networks that attempt to evade international sanctions,’’ the Treasury Department stated on its Twitter page@USTreasury.

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The sanctions target a key commercial bank, a virtual currency mining company and a “global network of more than 40 individuals and entities led by US-designated Russian oligarch Konstantin Malofeyev.”

The Treasury is also sanctioning 635 Russian nationals who are involved in suppressing dissent in Russia and abroad, who have been involved in activities that threaten the territorial integrity of Ukraine.

It also stated that it is sanctioning those who have been involved in human rights abuses in prison facilities and places of unofficial detention in Russia-controlled areas of the Donbas region of Ukraine.

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READ ALSO: Russia, Ukraine War: Poland Releases 13 Out Of 19 Detained Nigerians

Three Russian officials are targeted for involvement in gross violations of human rights and 17 individuals who are responsible for undermining democracy in Belarus.

The sanctions mean that all U.S. property and interests in property of the targeted individuals are blocked.

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All U.S. transactions involving the individuals are also now prohibited unless authorized by the Treasury.

The United States will work to ensure that the sanctions we have imposed, in close coordination with our international partners, degrade the Kremlin’s ability to project power and fund its invasion,” It added.

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Vietnam Eases Citizenship Rules To Attract Global Talent

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Vietnam’s National Assembly has officially approved amendments to the Law on Nationality, simplifying the process for overseas Vietnamese and eligible foreign nationals to acquire or restore Vietnamese citizenship.

The revised legislation aims to attract high-level talent and enhance national human resource development, according to the Vietnam News Agency (VNA), a partner of TV BRICS.

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Vietnam’s Minister of Justice, Nguyen Hai Ninh, stated that applicants may be exempted from certain requirements such as language proficiency, duration of residency, and proof of financial self-sufficiency.

READ ALSO:US Visa Adjudication Sparks Concerns Over Diplomatic Relations

Under the amended law, foreign nationals and stateless individuals who have lived in Vietnam for at least five years and can demonstrate financial stability may qualify for citizenship.

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Additional exemptions may apply to those with close family ties to Vietnamese citizens, such as a spouse, parent, child, or grandparent, or individuals whose citizenship is considered beneficial to national interests.

All applicants must still respect the Constitution, adhere to Vietnamese laws, and demonstrate cultural understanding and basic language skills to support integration.

The changes align with Vietnam’s broader strategy to attract foreign investors, experts, and scientists, reinforcing the country’s socio-economic growth

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Over 400 Earthquakes Rattle Japanese Island Chain

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A remote island chain in southern Japan has been rattled by more than 470 earthquakes since Saturday, the national weather agency said on Thursday, calling for residents to stay alert.

No major damage has been reported from the series of quakes with a strength of at least one — slightly perceptible to people seated quietly indoors — on Japan’s seven-point seismic intensity scale.

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As of Thursday morning, 474 such earthquakes had been observed around the Tokara island chain, south of Kyushu, the Japan Meteorological Agency (JMA) said.

Seismic activity has increased. As this region has experienced extended periods of earthquake activity in the past, please be vigilant against earthquakes that cause strong shaking,” it said in a statement.

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The largest tremors recorded since Saturday were two magnitude-5.1 quakes, one on Sunday and one on Tuesday.

They had a seismic intensity of four on the Japanese scale — described as an earthquake in which “most people are startled”, dishes rattle and “hanging objects such as lamps swing significantly”.

A similar period of seismic activity in the Tokara area was seen in September 2023, when 346 earthquakes were recorded within 15 days, according to public broadcaster NHK.

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Seven of the 12 remote Tokara Islands are inhabited, with around 700 residents in total.

READ ALSO:Japan Plane Turns Back After Man Bites Cabin Attendant

The islands, some of which have active volcanoes, are reached by a ferry that runs twice weekly in good weather.

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An earthquake of up to magnitude-6 strength could take place, so please be vigilant,” Hisayoshi Yokose, a marine volcanology specialist and associate professor at Kumamoto University, told NHK.

Japan is one of the world’s most seismically active countries, sitting on top of four major tectonic plates along the western edge of the Pacific “Ring of Fire”.

The archipelago, home to around 125 million people, experiences around 1,500 jolts every year and accounts for around 18 percent of the world’s earthquakes.

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READ ALSO:2023: UK, Japan, Others Urge Parties To Accept Election Results

The vast majority are mild, although the damage they cause varies according to their location and the depth below the Earth’s surface at which they strike.

On New Year’s Day 2024, more than 400 people died after a massive earthquake hit the Noto Peninsula in central Japan, including “quake-linked” deaths as well as those killed directly in the disaster.

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The January 1 quake and its aftershocks toppled buildings, caused fires and knocked out infrastructure at a time when families were celebrating the new year.

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Trade Volume Between Vietnam, Nigeria Surpasses $1bn – Envoy

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The Vietnamese Ambassador to Nigeria, Mr Bui Quoc Hung, said trade between Vietnam and Nigeria reached an all-time high of 1 billion dollars in 2024, making it the first time the trade volume between the two countries exceeded 600 million dollars.

Bui stated this in an interview with the News Agency of Nigeria (NAN) in Abuja on Wednesday.

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He expressed enthusiasm at the historical increase in trade volume, saying, “It’s a very remarkable achievement because, in the past, our trade volume typically ranged between 500 and 600 million dollars and last year, for the first time, it reached one billion dollars.”

The envoy noted the positive relationship enjoyed between Vietnam and Nigeria, Africa’s largest economy, in various fields.

READ ALSO:Meet Nigerian-British Florence Eshalomi, New UK Trade Envoy To Nigeria

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He highlighted areas of trade, indicating that Vietnam exports electronic products, garments, and textiles to Nigeria while importing raw materials, particularly cashew nuts.

Bui acknowledged the enormous opportunities for agricultural cooperation between the two countries, saying that Nigeria’s ongoing challenges with food security and Vietnam’s strengths in agricultural development could work for the mutual benefit of both countries.

The opportunity for agri-cooperation is huge between our two countries.

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READ ALSO:FG Spent N14bn On 16 Foreign Missions Without Envoys — Report

“Vietnam has a strong economy, particularly in agriculture, which can significantly contributes to addressing Nigeria’s food security challenges,” he said.

The ambassador underscored the importance of fostering cultural exchange between the two countries.

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We need to have more exchanges of delegations and programmes between our specific artist groups or delegations from various countries and in different fields, particularly concerning art and culture,” he added.

He affirmed that the two countries would celebrate the 50th anniversary of diplomatic relations and emphasized the need to capitalize on such momentum to further strengthen cooperation.

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