Equatorial Guinea Saturday slammed as “unilateral and illegal” British sanctions against the son of the country’s veteran president, known for his wildly extravagant lifestyle, over corruption allegations. The UK on Thursday imposed sanctions on Teodorin Obiang, the vice president of the central west African country and the president’s son, for his involvement in the misappropriation […]
sanctions
Brazil at diplomatic impasse with Iran over US sanctions
RIO DE JANEIRO: Brazil is entangled in a diplomatic spat that could potentially damage a long-standing commercial relationship with Iran, which is the biggest buyer of Brazilian corn. Seyed Ali Saqqayian, Iran’s ambassador to Brasilia, was quoted Wednesday in Iran’s semi-official Fars news agency saying that Tehran could reconsider imports from Brazil if it continues […]
Despite Turkey’s assurances, US still eyes sanctions, F-35 exit
The Trump administration still plans to impose sanctions on Turkey and remove it from a critical fighter jet program if the NATO ally acquires Russian air defenses, US officials told Reuters, despite the Turkish president’s assurances to the contrary. After meeting US President Donald Trump over the weekend in Japan, Turkish President Tayyip Erdogan said […]
North Korea: US extension of sanctions ‘a hostile act’
The recent US extension of sanctions against North Korea was an act of hostility and an outright challenge to a historic summit between the two countries in Singapore last year, a spokesman for Pyongyang’s foreign ministry said on Wednesday. The White House last week extended six executive orders containing sanctions imposed over North Korea’s nuclear […]
Russia to counter new US sanctions on Iran: reports
Russia and its partners will take steps to counter new sanctions that Washington has said it will impose on Iran, Deputy Foreign Minister Sergei Ryabkov was quoted as saying by Russian news agencies on Monday. In the comments reported by TASS and RIA, Ryabkov did not specify what those steps would be. He said the […]
Russia, China block UN from saying North Korea violated sanctions
UN diplomats say Russia and China have blocked the UN Security Council committee monitoring sanctions against North Korea from declaring that Pyongyang breached the annual limit for importing refined petroleum products. Two diplomats said Tuesday that the Russians and Chinese notified the committee before Tuesday’s deadline for objections. The United States and 25 other countries […]
EU urges Iran to respect nuclear deal, regrets US sanctions
The European Union on Thursday urged Iran to respect the international agreement curbing the Islamic Republic’s nuclear ambitions, and added that the bloc aims to continue trading with the country despite US sanctions. The EU and major European powers — Britain, France and Germany — also said that they “note with great concern the statement […]
Oil prices spike as US prepares to end waiver of Iran sanctions
The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent rise in crude prices. The source confirmed a report by a Washington Post columnist that the administration will […]
Cubans steeled to resist latest US sanctions
The United States may have announced a raft of measures that could hamper investment in Cuba in a bid to ramp up pressure on the communist government, but in Havana life is trundling along with the usual serenity. The peace is only broken by the mention of US President Donald Trump’s name. “It’s a constant […]
Iran looks to remote port to beat US sanctions
With the web of US sanctions tightening, Iran faces a host of challenges as it looks to an isolated port in the country’s far southeast to maintain the flow of goods. The port in Chabahar, only about 100 kilometers (62 miles) from the Pakistan border and located on the Indian Ocean, is Iran’s largest outside […]