#sanctions
88 articles with this tag
PoliticsRubio Slams Cuba for Aiding Iran and 'Malign Actors' Against US, Imposes Sanctions
Senator Marco Rubio has accused Cuba of aiding Iran and other adversaries against the US, leading to sanctions on a Cuban bank for providing financial services to an Iranian lender. The US aims to dismantle Cuba's financial links with hostile states.
PoliticsUS Tightens Grip: Iran-Linked Iraq Development Bank Hit with New Sanctions
The US has imposed new sanctions on the Iraq Development Bank for its ties to Iran, as part of the 'Economic Outcast' program. This move targets illicit revenue and sanctions evasion schemes, impacting Iraq's banking sector which is under scrutiny for corruption and illicit finance.
MiscellaneousUK Charity Trustee Linked to Sanctioned Iranian Morality Council Fights 12-Year Ban
Ahmad Vaezi, a trustee of the Al-Tawheed Charitable Trust, is appealing a 12-year ban from his position due to his alleged ties to a sanctioned Iranian morality council and propaganda body. The Charity Commission argues his connections to the Iranian regime make him unfit to serve.
PoliticsUS Eases Sanctions on Venezuela's National Assembly President Jorge Rodriguez Amidst Diplomatic Talks
The United States has lifted sanctions on Jorge Rodriguez, the head of Venezuela's National Assembly and brother of interim President Delcy Rodriguez. This move comes amid ongoing energy pacts and diplomatic talks between the US and Venezuela.
EconomyInternational Law in Action: Navigating the Seas to Intercept Sanctioned Russian Oil
Western allies are increasingly using the Law of the Sea to inspect and board vessels suspected of circumventing Russian oil sanctions, applying Article 110 of UNCLOS to disrupt the 'shadow fleet'. This strategy, particularly evident in the Baltic Sea, is pressuring Russia's oil trade and economy.
EconomyNavigating Sanctions: How Iranians Move Money Abroad Amidst Financial Restrictions
Decades of international sanctions have forced Iranians to rely on informal and often risky alternative channels, including currency exchangers, intermediary firms, private arrangements, and cryptocurrency, to move money abroad due to restricted access to the global financial system. These methods, while circumventing some restrictions, come with significant costs, delays, and security risks, further exacerbated by the depreciating Iranian rial and geopolitical disruptions.
EconomyBank of America Hit with Over $1.2 Billion in Fines for Anti-Money Laundering and Sanctions Violations
Bank of America has been fined over $1.21 billion by the U.S. Treasury Department for failing to comply with anti-money laundering and sanctions laws. The penalties address significant deficiencies in reporting suspicious transactions and mitigating national security risks.
EconomyBank of America Slapped with $1.2 Billion Fine for Sanctions and Anti-Money Laundering Violations
Bank of America has been fined over $1.2 billion by the Treasury Department for violating anti-money laundering and sanctions laws. The bank also agreed to a $750 million penalty from the OCC and an $11.6 million settlement related to sanctions breaches.
MiscellaneousUS Sanctions on ICC: A Dangerous Path with No Good Outcome
The US government's sanctions against the International Criminal Court set a dangerous precedent, potentially undermining global cooperation and discouraging professionals from contributing to international efforts. This action risks a decline in ethical participation and could lead to a more confrontational global landscape.
EconomyIran Grapples with Billions in Missing Oil Revenue Amidst Sanctions
Iran is facing a significant financial shortfall as billions of dollars in oil revenue, owed by a network of intermediaries known as 'trustees,' have reportedly gone missing. This crisis is exacerbated by US sanctions, which complicate the recovery of these funds and have led to accusations of corruption.
PoliticsUK Accuses Iran of Directing RAF Fairford Airbase Plot, Imposes New Sanctions
Britain has accused Iran's Islamic Revolutionary Guard Corps (IRGC) of directing a plot against RAF Fairford airbase and has imposed sanctions on two Iranian nationals. Iran has categorically denied any involvement, while 29 countries have issued a joint statement blaming Tehran for the attempted infiltration.
PoliticsUK Prime Minister Challenged on Iran's IRGC After Airbase Plot: 'Iran Smells Weakness'
UK Prime Minister Andy Burnham has been urged to take direct action against Iran following alleged involvement in plots targeting British airbases. Sanctions have been imposed on two Iranian nationals linked to the IRGC, with accusations that Iran 'smells weakness' in the UK's response.
PoliticsUS Imposes Sweeping Sanctions on International Criminal Court Following Nobel Prize Award
The United States has enacted sanctions against the International Criminal Court, targeting the institution directly following the Nobel Peace Prize award given to a former judge.
PoliticsGlobal Allies and UN Rally Behind ICC Following Harsh US Sanctions
International allies, the United Nations, and rights groups have strongly condemned new US sanctions against the International Criminal Court, pledging their support for the war crimes tribunal.
PoliticsICC President Condemns US Sanctions as an Assault on Sovereign States
The President of the ICC has criticized US sanctions, labeling them as an attack against sovereign states in a recent video report.
PoliticsUS Imposes Sanctions on ICC Following Former Judge's Nobel Prize Victory
The United States has sanctioned the ICC shortly after a former judge was awarded the Nobel Prize.
PoliticsTrump Administration Imposes Unprecedented Sanctions on Entire International Criminal Court
The Trump administration has escalated its campaign against the International Criminal Court by imposing sanctions on the entire tribunal for the first time. The move has drawn sharp criticism from the court, the European Union, and the United Nations.
PoliticsSenate Democrats Push for Sanctions Over Israeli Settlements in the West Bank
Senate Democrats have introduced legislation to sanction individuals and entities involved in Israel’s E1 settlement project in the occupied West Bank, testing whether Washington is willing to attach tangible consequences to its objections.
EconomyIranians Rush to Secure Food and Medicine Amid Heightened Fears of Escalated Conflict with the US
Iranians are rapidly stocking up on food and vital medicines as escalating tensions and a tightening US embargo spark severe fears of shortages. Citizens and local merchants express growing anxiety over rising prices, blocked trade routes, and pharmaceutical scarcities as the conflict enters its eighth month.
PoliticsSouth Sudan Urges UNGA to Lift Sanctions as Video Highlights Developments
South Sudan has called for the removal of sanctions during the UNGA, as featured in a short video report.
PoliticsHope for Iranians as Flights to Holy Iraqi City Set to Resume Amid UN Diplomatic Push
Flights from Iran to the holy city of Najaf in Iraq could resume soon as diplomats make a final push at the UN General Assembly amidst ongoing US sanctions.
PoliticsBritish Legal Experts Push Labour Party for Harder Stance and Broader Sanctions on Israel
British legal experts and campaigners are urging the Labour party to implement broader sanctions on Israel at its annual conference, while also facing pressure regarding UK foreign policy and domestic protest bans.
EconomySevere US Aviation Sanctions Cripple Iran Flights and Force Travelers onto Dangerous Overland Routes
Severe US aviation sanctions and airspace bans have grounded Iranian carriers, forcing civilians to endure grueling overland journeys and pushing up travel and import costs.
PoliticsTrump Administration Prepares Sweeping Sanctions Targeting the International Criminal Court
The Trump administration is reportedly preparing sweeping sanctions against the International Criminal Court, marking a major escalation in Washington's campaign against the tribunal.