America Faces Increasing Risks from Russia and North Korea

The U.S. Treasury Department noted in a new report on national risk assessments released on Wednesday, addressing money laundering, terrorism financing, and the financing of weapons proliferation, that "the United States faces increasing risks from Russia, which is attempting to acquire goods for military use." The department stated that "Russia has intensified efforts to illegally purchase U.S.-origin goods that can be used for military purposes to support its invasion of Ukraine, and has concealed transactions using obfuscation methods such as front companies and transshipment points." It added that "the United States is also facing increasing risks from North Korea, as networks linked to Pyongyang increasingly exploit the digital economy, including infiltrating the systems of companies that provide virtual asset services." The United States seeks to cut funding to "Hamas" following the attack it launched in southern Israel on October 7th.