EU sanctions five more Russian aerospace executives for their part in the Ukraine War
Though the action is mostly symbolic, the European Union (EU) on August 7, 2026 imposed personal sanctions on five executives who head important Russian aerospace companies, as part of an expanded effort by the EU to oppose Russia’s invasion of the Ukraine.
On Aug. 7, the European Union added five Russian defense industry executives to its sanctions list, including Viktor Ivanov, director general of Roscosmos subsidiary NII TP, the developer of the Kasatka-R synthetic aperture radar system. The designation builds on previous EU sanctions imposed on the company itself, extending the pressure beyond its limited commercial exposure to the individuals running Russia’s military-industrial organizations. … Under the sanctions, any assets Ivanov holds in the EU are frozen, EU persons and entities are prohibited from making funds or economic resources available to him, and he is barred from entering or transiting through EU territory.
…The EU also sanctioned Sergey Bashkov, director of Irz-Svyaz, which the bloc described as a systemically important Russian manufacturer of navigation receivers for GPS and the Russian GLONASS satellite navigation system. Aleksandr Dyukarev, director general of Krasnoyarsk Machine-Building Plant, was also listed. The company manufactures the RS-28 Sarmat intercontinental ballistic missile as well as modules for carrier rockets.
The full list of sanctioned individuals and what they do can be found here [pdf].
This EU action is mostly meaningless, because it is unlikely any of these Russians have significant assets outside of Russia. It is also not going to act to defer any other major players in Russia’s aerospace industry from doing war work against the Ukraine, because they are likely also as firmly locked into Russia. They wouldn’t have the security clearances to do their work otherwise.
This announcement however essentially doxxes these individuals, providing the Ukraine information that it could use against them in drone attacks. It is this fact only that makes these sanctions carry weight, but only if the Ukraine decides to use it.
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It, combined with previous actions of the sort, does carry cumulative weight. Russian higher ups will typically have tons of assets overseas. Russia is not the kind of place you keep your money if you have a choice. At least before the war, the favorite place to play and spend was indeed the EU. The shell game these people play to hide their assets become more difficult with these actions. They will find a way, but they will have to devote more attention to it. Many were burned in previous siezures. It is hard to avoid the western banking system if you have the big bucks.
Socialism was a failure because rich folks could run….urban flight, Caymans….cash.
Don’t be so quick to cheer this kind of thing:
https://nypost.com/2026/07/27/us-news/mamdani-names-all-nyc-property-owners-who-could-be-hit-with-new-pied-a-terre-tax/
I would ban the very concept of sanctions…which hurt poor people the most anyway.
If hounds can track even the richest…with no place left to hide… what chance do the rest of us have?
There are D/S types within the banking establishment…just in case voters won’t bite.
Sanctions are economic terrorism
Jeff Wright wrote: “Socialism was a failure because rich folks could run….”
Socialism, communism, and marxism fail because they are designed to fail. The designers did not intend to design them to fail, and they do not realize that their designs are failures, because they are using wishful thinking rather than intelligence, science, and facts. They wish that everyone would work to their ability, but when all you receive is the same whether you work hard or hardly work, it is just as rewarding — and easier on yourself — to hardly work. They wish that centralized planning were better than local adaptation to conditions, but it is worse, because it is always wrong and takes until the next time each poorly planned product comes around for review again to attempt another correction, whereas the local shopkeeper can make an adjustment the next morning. This wishful thinking is why they insist that men can be women; they cannot be, but the marxists wish it were true, therefore they declare it to be true and demand that everyone agree with them.
Marx was wrong when he concluded that the owners had the power. The managers have the power, and at Marx’s time, the owners were the managers. Today, marxist societies pretend that everyone has the power, because they all own the means of production, but it is the managers who still have the power. Besides, when everyone owns something, no one owns it.
The future North-Korean dictator Kim Jong-Un attended a private school in Switzerland.
Like most of us, these types want the best for kids and family. One of the major failure points of US sanctions on Venezuela, was to not include family, when individual perpetrators were targeted. The families quickly re-settled in Miami (it seems).
No more Kim Jong-Un’s. Bring the pain, holistically.