Tag: US sanctions

US sanctions on Russian oligarchs miss richest of rich

WASHINGTON — The term Russian oligarch conjures images of posh London mansions, gold-plated Bentleys and sleek superyachts in the Mediterranean, their decks draped with partiers dripping in jewels. But the raft of sanctions on oligarchs announced by President Joe Biden this week in response to the invasion of […]

Russia starts missile supplies to India despite U.S. sanctions risk

MOSCOW, Nov 14 – Russia has started supplying India with S-400 air defence missile systems, Russian news agencies reported on Sunday citing Dmitry Shugayev, the head of the Russian military cooperation agency. The supplies put India at risk of sanctions from the United States under a 2017 U.S. […]

Venezuela’s moribund economy shows a pulse amid US sanctions

CARACAS, Venezuela — Errol Irausquin is carving out a profitable niche with his burgeoning Fat Panda restaurant business in Venezuela’s capital, despite an economic collapse that has driven millions from their crumbling homeland. Capitalizing on his success selling from a food truck, Irausquin brought his Asian-influenced menu to […]

Iran warns over ‘economic war’ waged through US sanctions

Iran’s foreign minister warned Monday of the consequences of waging “economic war” against the Islamic republic through US sanctions, saying those conducting and supporting it could not expect to “remain safe”. “One cannot expect an economic war to continue against the Iranian people and that those waging this […]

Iran inches away from nuclear deal amid US sanctions

TEHRAN, Iran — Iran’s president said Wednesday that it will begin keeping its excess uranium and heavy water from its nuclear program, setting a 60-day deadline for new terms to its nuclear deal with world powers before it will resume higher uranium enrichment. Hassan Rouhani’s address to the […]

North Korea warns on US sanctions

Nuclear-armed North Korea condemned the United States over its latest sanctions measures, warning Washington’s approach could “block the path to denuclearisation on the Korean peninsula forever”. After a rapid diplomatic rapprochement this year that culminated in the Singapore summit in June between North Korean leader Kim Jong Un […]

US sanctions: SWIFT network suspends Iran banks

The SWIFT banking network, the backbone for international monetary transfers, said Monday it has suspended several Iranian banks from its service, after the United States reimposed nuclear sanctions on Tehran. “In keeping with our mission of supporting the resilience and integrity of the global financial system as a […]

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