Sanctions News

U.S. authorities are investigating whether two French banks violated anti-money laundering rules and economic embargoes on countries like Iran, according to a person familiar with the investigation.

A group of United Nations sanctions experts has been investigating former basketball star Dennis Rodman because of gifts he brought to North Korea during his visits to the reclusive state, ac...

Washington - The United States pressed Iraq to explain media reports that it had signed a contract to buy arms from Iran, a move forbidden under a United Nations embargo."We've certainly seen those reports.

Washington - President Barack Obama said Tuesday that foreign firms testing commercial prospects in Iran did so at their own peril and vowed to come down like a "ton of bricks" on sanctions violators.Obama spoke alongside French President Francois Hollande a week a...

Washington - Luxembourg financial clearing house Clearstream Banking will pay the United States $152 million to settle accusations it illegally helped Iran's central bank access the US financial system, the Treasury announced Thursday.

Tehran - Iran's oil minister will hold a "face-to-face" meeting at Davos with major oil companies to try to coax them back to the sanctions-hit Islamic republic, media reported Wednesday.

Brussels - The European Union will begin lifting sanctions against Iran on Monday, January 20, the minute it receives word that Tehran has begun implementing a deal to curb its nuclear programme.

The United States government has announced that American citizens, business and banks can send money to the ragtag rebel opposition in Syria that are currently undertaking an armed struggle to oust the Assad regime.

The United States Treasury is leveling new sanctions against North Korea's Foreign Trade Bank under the pretext that this institution is supporting North Korea's nuclear weapons program.

After weeks of threatening to end a peace pact with the South Koreans, the North Koreans have followed through with their threat, ending all non-aggression acts with the South.