Étiqueté : sanctions

Iran considered to hang on to nuclear deal amid US sanctions, threats 0

Iran considered to hang on to nuclear deal amid US sanctions, threats

On May 15, the US Treasury Department announced it was imposing sanctions against Iran’s central bank governor and another senior bank official, accusing them of involvement in the transfer of millions of dollars on behalf of the Revolutionary Guard to Hezbollah, and designating them « terrorists ». The sanctions did not directly target Iran’s central bank. But…

EU moves to block US sanctions on Iran 0

EU moves to block US sanctions on Iran

The European Commission will launch the process of activating a law that bans European companies and courts from complying with US sanctions against Iran, after Washington pulled out of the landmark 2015 nuclear deal. Jean Claude Juncker, president of the European Commission, said on Thursday the commission has a « duty to protect European companies » from American…

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Russia ‘is just not any longer going to lengthen’ primarily based on US sanctions: Deputy FM

Russian Deputy Foreign Minister Sergei Ryabkov has said Moscow will not delay its response to new US sanctions, according to Russian state news agency RIA.  Ryabkov’s comments on Monday came in response to remarks made by Nikki Haley, the US ambassador to the UN, who said on Sunday that Washington will impose new economic sanctions on Russia for…

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Iran scrambles to discontinue rial’s stride amid chance of US sanctions

Iran will enforce a 42,000-rial exchange rate for the US dollar as of Tuesday, in a move expected to end a currency crisis that has angered Iranians. The Iranian rial hit an all-time low against the dollar on Monday, when the majority of exchange offices in Tehran turned off their indicators amid fluctuating rates. Each…

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US targets Russian oligarchs, officials with new sanctions

The US Department of Treasury has announced new sanctions against seven Russian oligarchs, as well as several officials and business entities for their alleged roles in what the US called « worldwide malign activity ».  Included in the list of individuals being targeted in the sanctions announced on Friday are Oleg Deripaska, a billionaire businessman and friend…

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Trump waives Iran nuclear sanctions ‘for closing time’

US President Donald Trump has decided he will continue sanctions relief for Iran, keeping the landmark 2015 nuclear deal in place for the time being.  The White House said on Friday that Trump will waive the sanctions on Iran for the « last time », unless an agreement can be reached between the US and Europe within…

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Worries in Iran as Trump mulls contemporary nuclear sanctions

US President Donald Trump is set to decide whether or not to reimpose wide-ranging sanctions on Iran, the latest in a series of actions that put into question the survival of the 2015 nuclear agreement between world powers and the Islamic Republic. Trump, who has repeatedly vowed to « rip up » the deal signed by his…

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North Korea slams contemporary UN sanctions as ‘act of conflict’

North Korea has slammed the latest round of UN Security Council (UNSC) sanctions against Pyongyang as « an act or war » and vowed to consolidate its nuclear programme. In a statement published by the state-run KCNA news agency on Sunday, the foreign ministry said new measures proposed by the US infringe North Korea’s sovereignty and violate…