Latest Sanctions and embargoes News

As Ukraine war grinds, world pushes for way to get grain out

May. 26, 2022 07:06 AM EDT

KYIV, Ukraine (AP) — Russia pressed Thursday for the West to lift sanctions imposed because of its war in Ukraine, claiming without proof that the punitive measures are preventing millions of tons of grain and other agricultural products from leaving Ukrainian ports, exacerbating a global food...

US sets Thursday vote on new UN sanctions on North Korea

May. 25, 2022 20:07 PM EDT

UNITED NATIONS (AP) — The United States called for a vote Thursday on a U.N. resolution that would impose tougher sanctions on North Korea for its recent launches of intercontinental ballistic missiles that can be used to deliver nuclear weapons. The U.S. Mission to the United...

Hungary proposes removing Russian oil embargo from EU agenda

May. 25, 2022 07:10 AM EDT

BUDAPEST, Hungary (AP) — European Union efforts to impose an embargo on Russian oil faced more roadblocks Wednesday as Hungarian officials said they would not back the plan in its current form and recommended removing the topic from the agenda of an EU leaders' summit next week. ...

US threatens sanctions on Sudanese blocking democracy return

May. 24, 2022 20:11 PM EDT

UNITED NATIONS (AP) — The United States on Tuesday urged rapid progress from military to civilian rule in Sudan and threatened sanctions on anyone impeding or blocking the transition to democracy. Richard Mills, deputy U.S. ambassador at the United Nations, said Washington supports...

Economy bigger priority than punishing Russia: AP-NORC poll

May. 24, 2022 13:10 PM EDT

WASHINGTON (AP) — Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges, according to a new poll. While broad support for U.S....

Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

May. 23, 2022 13:26 PM EDT

DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Forum gathering in Davos. He said...

Inflation, Russia-Ukraine war draw G7 finance leaders' focus

May. 19, 2022 14:48 PM EDT

KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies grappled Thursday with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U.S. Treasury Secretary Janet Yellen promising that the allies would put together enough...

Biden has an eye on China as he heads to South Korea, Japan

May. 19, 2022 14:29 PM EDT

WASHINGTON (AP) — President Joe Biden embarked Thursday on a six-day trip to South Korea and Japan aiming to build rapport with the two nations’ leaders while also sending an unmistakable message to China: Russia’s faltering invasion of Ukraine should give Beijing pause about its own...

UN envoy: US sanctions on Iran worsen humanitarian situation

May. 18, 2022 13:08 PM EDT

TEHRAN, Iran (AP) — Sweeping U.S. sanctions imposed on Iran have badly impacted the country’s economy and worsened the humanitarian situation in the Persian Gulf nation, a United Nations special envoy said Wednesday. According to Alena Douhan, the U.N. special rapporteur on...

US to ease a few economic sanctions against Venezuela

May. 17, 2022 19:51 PM EDT

CARACAS, Venezuela (AP) — The United States government is moving to ease a few economic sanctions on Venezuela in a gesture meant to encourage resumed negotiations between the U.S.-backed opposition and the government of President Nicolás Maduro. The limited changes will allow...