Latest Sanctions and embargoes News

North Korea opens mountain spa, ski resort in tourism push

Dec. 9, 2019 3:07 AM EST

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un opened a new mountain spa and ski resort that's intended for people to enjoy “high civilization under socialism” in another example of the country using tourism exemptions in sanctions to build revenue for its broken economy. Kim cut...

STORY REMOVED: AP-NABE Economic Outlook

Dec. 8, 2019 4:12 PM EST
WASHINGTON (AP) — The Associated Press has withdrawn its story about the United States' economic outlook because the report has an embargo of 12:01 a.m. Monday, Dec. 9. AP will resend the story when the embargo has lifted.

Iran says new budget bucks US oil embargo, uses Russian loan

Dec. 8, 2019 11:18 AM EST

TEHRAN, Iran (AP) — Iran's president said on Sunday his country will depend less on oil revenue next year, in a new budget that is designed to resist crippling U.S. trade embargoes. Iran is in the grip of an economic crisis. The U.S. re-imposed sanctions that block Iran from selling its crude oil abroad,...

Iran frees Chinese-American scholar for US-held scientist

Dec. 7, 2019 3:55 PM EST

DUBAI, United Arab Emirates (AP) — A Princeton scholar held for three years in Iran on widely criticized espionage charges was freed Saturday as part of a prisoner exchange that saw America release a detained Iranian scientist, a rare diplomatic breakthrough between Tehran and Washington after months of...

World powers press Iran to reverse nuke deal violations

Dec. 6, 2019 11:37 AM EST

VIENNA (AP) — World powers pressured Iran on Friday to reverse recent atomic activities that violate the landmark 2015 nuclear deal, but stopped short of deciding on whether to proceed with a move that could see the case brought before the UN Security Council and a “snapback” of sanctions...

Europeans rap Iran for working on nuclear-capable missiles

Dec. 4, 2019 8:47 PM EST

UNITED NATIONS (AP) — France, Germany and the United Kingdom say “Iran’s developments of nuclear-capable ballistic missiles” go against a U.N. Security Council resolution calling on Tehran not to undertake any activity related to such missiles. Ambassadors from the three European...

Israeli PM, meeting Pompeo, calls for more pressure on Iran

Dec. 4, 2019 2:19 PM EST

LISBON, Portugal (AP) — Israel’s prime minister on Wednesday praised the tough U.S. sanctions on Iran, saying the financial pressure has sparked protests against Tehran’s influence across the region and urging even stronger action. Speaking alongside U.S. Secretary of State Mike Pompeo before...

Rio Treaty nations move to further isolate Venezuela

Dec. 3, 2019 7:56 PM EST

BOGOTA, Colombia (AP) — Representatives from over a dozen nations that are signatories to a Cold War-era defense treaty for the Americas moved Tuesday to further isolate close allies of Venezuelan President Nicolás Maduro with targeted sanctions. The 1947 Rio Treaty signatories vowed to cooperate in...

Iran says it killed ‘rioters’ in deadliest unrest in decades

Dec. 3, 2019 11:53 AM EST

DUBAI, United Arab Emirates (AP) — Iran acknowledged for the first time Tuesday that its security forces shot and killed protesters across the country to put down demonstrations last month over the sharply spiking price of gasoline, the deadliest unrest to hit the country since the turmoil of the 1979...

China to suspend US Navy visits to Hong Kong over new law

Dec. 2, 2019 8:10 AM EST

HONG KONG (AP) — China said Monday it will suspend U.S. military ship and aircraft visits to Hong Kong and sanction several American pro-democracy and human rights groups in retaliation for the signing into law of legislation supporting anti-government protests in the semi-autonomous territory. While the...