China has decided to add two United States defense companies - Lockheed Martin Corp and Raytheon Missiles & Defense - to its Unreliable Entity List in response to their involvement in arms sales to Taiwan island, the Ministry of Commerce said on Thursday. This move is aimed at safeguarding China's national sovereignty, security, and development … Continue reading China sanctions U.S. companies over arms deal with Taiwan
Photo by Karolina Grabowska on Pexels.com Some €17 billion in assets of Russian oligarchs and entities have been frozen in the European Union across seven member states following sanctions against Russia in response to the war in Ukraine, according to Brussels. "So far, the assets of 90 people have been frozen, amounting to more than … Continue reading EU has ‘frozen €17 billion in assets’ of Russian oligarchs and elites
Russian sport has the strength to handle the current sanctions imposed by various federations and has already successfully implemented numerous "anti-crisis" measures, according to Sports Minister Oleg Matytsin. Speaking at a board meeting of his ministry on Monday, Matytsin outlined the pressures that Russian sport has faced since the International Olympic Committee (IOC) recommended a … Continue reading Russia’s brave response to global sports sanctions
A group of around 100 civilians have been evacuated from the besieged Azovstal steel plant, the last stronghold of Ukrainian soldiers in Mariupol. Moscow says some civilians were handed over to the Red Cross and the UN, who confirmed the operation. Ukrainian authorities started to evacuate more civilians from the city on Monday. U.S. Speaker of … Continue reading Ukraine Crisis: Mariupol evacuations continue as EU readies more sanctions on Russia
After new U.S. sanctions targeted Vladimir Putin's two adult daughters and other family members of prominent Russians, a Kremlin spokesman has lashed out at the West. In a newly released list of prominent Russians being sanctioned in response to the war in Ukraine, Putin's daughters, Maria Vorontsova and Katerina Tikhonova, were included in the latest … Continue reading Russia: Sanctions on Putin’s daughters ‘difficult to understand’
Despite the rhetoric of a strong friendship with Russia, China has chosen a low-profile strategy in the Ukraine-Russia war to protect its own interests as Beijing has shown little interest in providing Moscow with any actual economic lifelines, said a media report. While China has refused to abandon Moscow or yield to US threats of … Continue reading Ukraine Crisis: Why has China maintained a low-profile status?
Photo by Omkar Patyane on Pexels.com Russian regulators said Friday that the country's internet users will be blocked from accessing Instagram, saying it's being used to call for violence against Russian soldiers. In Moscow's latest move to restrict access to foreign social media platforms, communications and media regulator Roskomnadzor said in a statement that it's … Continue reading Russia takes down Instagram in latest social media crackdown
Image shows Russian President Vladimir Putin (left) with Russian billionaire Alisher Usmanov in 2018. Mikhail Svetlov/Getty Image President Joe Biden announced Tuesday that the US will ban Russian energy imports as part of sanctions responding to Russia's invasion of Ukraine. The embargo will include oil, liquefied natural gas and coal. "That means Russian oil will … Continue reading How US ban on Russian oil will affect consumers
The United States on Friday imposed sanctions on more Russian oligarchs and elites, increasing pressure on those close to Russian President Vladimir Putin in punishment over Moscow's invasion of Ukraine. Those hit with sanctions on Friday include 10 people comprising VTB Bank's board, 12 members of the Duma and the family of Kremlin spokesman Dmitry … Continue reading US targets Putin and Russian oligarchs in fresh sanctions
Britain set out ways it would crack down on "dirty money" on Monday, introducing new legislation to "hobble" Russian President Vladimir Putin by making it more difficult for those close to him to use London as their playground. The much-delayed Economic Crime Bill comes as lawmakers from across the political spectrum call on the government … Continue reading DIRTY MONEY: UK plots attack on Putin and Russian oligarchs
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist, citing "national security" and "human rights" issues. The U.S. Commerce Department said in a statement that it will add 24 Chinese governmental and commercial organizations to the Entity List "for engaging in activities contrary to the national security or … Continue reading Trade War: US to sanction more Chinese companies
China Friday said it had taken 'reciprocal' measures against US diplomats in the country, who will have to notify the foreign ministry before meeting with local officials. Foreign ministry spokeswoman Hua Chunying said China had notified the US embassy of the new measures Wednesday, which she said were a "countermeasure" to Washington's decision in October … Continue reading China issues new sanctions on US diplomats
US Secretary of State Mike Pompeo pledged that new sanctions would be imposed on Iran as he visited the UAE on Thursday. Mr Pompeo met Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, for talks on the regional situation and the attacks on oil centres in … Continue reading US government will increase sanctions on Iran – Mike Pompeo
Iran will never succumb to U.S. pressure, and if Washington wants talks with Tehran it should show respect, Foreign Minister Mohammad Javad Zarif said on Monday. Tensions between Tehran and Washington have risen sharply in recent weeks, a year after Washington exited a 2015 deal between Iran and world powers that curbed Tehran's nuclear program … Continue reading Iran demands more respect from the U.S.
As part of the actions, the U.S. barred Americans from doing business with and will seize any financial assets in the U.S. belonging to First Lady Cilia Flores, Vice President Delcy Rodriguez, Communications Minister Jorge Rodriguez and Defense Minister Vladimir Padrino. Image shows Venezuela's President Nicolas Maduro "We are continuing to designate loyalists who enable … Continue reading Trump says Venezuela is ‘a very sad case’