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Sanction News

Turkey in US talks to avoid 'negative impact' from Iran sanctions

Ankara - Turkey on Friday hosted an American delegation for talks to address concerns about the potential negative impact on its economy of the looming reimposition of US sanctions against Iran.

Iran lodges complaint against US over renewed sanctions

Tehran - Iran has lodged a complaint with the International Court of Justice against the United States' reimposition of sanctions, the foreign ministry said on Tuesday.

Italy's Salvini calls for Russia sanctions to be lifted by year end

Moscow - Italy's far-right Interior Minister Matteo Salvini said during a visit to Moscow on Monday that he wanted to see EU sanctions against Russia dropped "by the end of the year".

US will block F-35 sale if Turkey buys Russian missile

Washington - The United States could still block the delivery of F-35 stealth jets to Turkey if Ankara buys Russia's S-400 air defense system, a senior official said Wednesday.

Russia says UN should consider sanctions relief for N. Korea

New York - The UN Security Council should consider steps toward lifting sanctions on North Korea following its agreement with the United States to scrap its nuclear program, Russia's UN ambassador said Wednesday.

US blacklists Russian firms tied to FSB hacking ops

Washington - The United States placed five Russian companies and three individuals on its sanctions blacklist Monday for allegedly supporting the FSB intelligence agency's hacking operations, including a firm involved in subsea operations.

China's gateway to N. Korea pins hopes on Kim-Trump summit

Dandong - After a sanctions-driven hiatus, dozens of North Korean women are again cutting cloth, pedalling sewing machines and manning production lines at a garment factory in a Chinese city buoyed by hopes of peace across the border.

Canada imposes new sanctions on Venezuela

Ottawa - Canada announced Wednesday further sanctions against associates of President Nicolas Maduro, including his wife, in response to what it called "illegitimate and anti-democratic" presidential elections in Venezuela last week.

Iran sets sanctions waiver deadline for oil giant Total

Tehran - Iran's oil minister on Wednesday gave French energy giant Total 60 days to win a sanctions waiver from Washington or it would lose its stake in a multi-billion-dollar gas project.

Turkish banker files appeals notice against US conviction

New York - A Turkish banker sentenced to 32 months in prison for plotting to help Iran evade US sanctions on billions of dollars of oil proceeds took steps Friday to appeal his conviction in New York.

Magnate Deripaska resigns from Rusal board over US sanctions

Moscow - Russian aluminium giant Rusal said Friday that Oleg Deripaska has resigned his seat on the board, a key step in the company's efforts to escape US sanctions targeting its founder and key shareholder.

Deripaska resigns from Rusal board over US sanctions

Moscow - Russian aluminium giant Rusal said Friday that Oleg Deripaska has resigned his seat on the board, a key step in the company's efforts to escape US sanctions targeting its founder and key shareholder.

Iran's first female manufacturer, a victim of Trump

Tehran - She fought through a male-dominated world to become perhaps Iran's first female manufacturing boss, and was on the cusp of major success with the help of a European investor.Until Donald Trump brought her crashing back to earth.

For many ordinary Iranians, US threats barely register

Tehran - While some US officials hope their increasingly aggressive measures could trigger some kind of new Iranian revolution, they are unlikely to get much take-up at Tehran's Tajrish bazaar.

US Treasury sanctions Venezuelan leader's top aide Cabello

Washington - The US Treasury on Friday slapped sanctions on Venezuelan President Nicolas Maduro's powerful deputy Diosdado Cabello, just two days before the crisis-hit country goes to the polls for an election Maduro is widely expected to win.

France freezes company assets over Syria chemical weapons

Paris - France on Friday imposed a six-month asset freeze on several international companies allegedly linked to a chemical weapons programme in Syria, as ministers meeting in Paris vowed that governments that gas their own people would not go unpunished.

France freezes company assets over Syria chemical weapons

Paris - France on Friday imposed a six-month asset freeze on companies based in Syria, Lebanon and China after they were linked to an alleged chemical weapons programme in Syria.

US, Gulf Arab states place sanctions on Hezbollah leadership

Washington - The United States and six Gulf Arab states announced sanctions Wednesday on the leadership of Hezbollah, as Washington seeks to step up economic pressure on Iran and its allies in the region.

Turkish banker sentenced to 32 months in US prison

New York - A Turkish banker was sentenced Wednesday to 32 months in a US prison for plotting to help Iran evade American sanctions on billions of dollars of Iranian oil proceeds, earning swift rebuke from Ankara.

Iran says central bank sanctions only make it 'more determined'

Tehran - Iran said Wednesday that new US sanctions on its central bank governor would only make Iranians "more determined, patient and resistant than ever".

Russian companies to benefit from US Iran withdrawal

Moscow - While Russia has condemned Washington for its withdrawal from the Iran nuclear deal, Moscow remains less exposed to the economic consequences of US sanctions than Europe and its companies could even benefit from the move.

US sanctions hit Iran Revolutionary Guard currency network

Washington - The US Treasury together with the United Arab Emirates announced action to disrupt an alleged "large scale" currency exchange network run by Iran's powerful Islamic Revolutionary Guard Corps.

US slaps more sanctions on Venezuela, urges halt of 'sham' vote

Washington - US Vice President Mike Pence on Monday urged Venezuela to suspend a divisive May 20 election he denounced as a "sham," as Washington slapped fresh sanctions on Nicolas Maduro's regime.

Iran: what can Trump do, and with what consequences?

Washington - Donald Trump has threatened to pull out of the nuclear deal with Iran. But he has a range of options at his disposal as he makes his decision this week on whether to scrap the 2015 accord to curb Iran's nuclear program in return for lifting sanctions.

White House says no decision yet on fresh Russia sanctions

Washington - The White House on Monday said it was weighing fresh Russia sanctions for Moscow's role supporting Syria's chemical weapons program, but officials cautioned that no decision has yet been taken.

US calls for additional sanctions on Venezuela

- US Vice President Mike Pence on Friday called for more sanctions on Venezuela to isolate President Nicolas Maduro and his administration, overshadowing the opening of a summit in Peru with Latin American leaders.

Panama suspends Venezuelan airlines in tit-for-tat move

Panama - Panama announced Tuesday it was suspending Venezuelan airlines from flying into the country in a tit-for-tat move after Caracas last week barred its main carrier Copa.

Three groups hit by the US-Russia sanctions

Moscow - Washington on Friday imposed a raft of new sanctions on Russia over its alleged interference in the 2016 US presidential election, as well as its interventions in Ukraine and Syria.

US imposes sanctions on Putin's oligarch allies

Washington - The United States struck President Vladimir Putin's inner circle Friday, imposing sanctions on seven of Russia's most influential oligarchs and stoking a diplomatic crisis some have dubbed a new Cold War.

US imposes sanctions on Putin's oligarch allies

Washington - The United States on Friday imposed sanctions on seven Russian oligarchs accused of supporting and profiting from President Vladimir Putin's efforts to undermine western democracies.
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