Latest Sanctions and embargoes News
US rejects Venezuelan President Maduro's reelection, but keeps financial lifeline for his government
CARACAS, Venezuela (AP) — Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial...
Treasury levels sanctions tied to a massive hack of telecom companies and breach of its own network
WASHINGTON (AP) — The Treasury Department announced sanctions Friday in connection with a massive Chinese hack of American telecommunications companies and a breach of its own computer network. The sanctions target a Chinese hacker who officials say is affiliated with Beijing's...
Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
MOSCOW (AP) — Russian President Vladimir Putin and his Iranian counterpart, Masoud Pezeshkian, signed a broad cooperation pact Friday as their countries deepened their partnership in the face of stinging Western sanctions. Russian and Iranian officials say the “comprehensive...
Russia and Iran have a troubled history despite their current alliance
MOSCOW (AP) — Russian President Vladimir Putin hosted his Iranian counterpart Friday for the signing of a broad pact between Moscow and Tehran. The Kremlin says the “comprehensive strategic partnership” agreement between Putin and Iranian President Masoud Pezeshkian will take...
Hungarian minister sanctioned by US 'strengthened' by the penalty, Prime Minister Orbán says
BUDAPEST, Hungary (AP) — Sanctions issued by the United States last week against a powerful Hungarian official with close ties to Prime Minister Viktor Orbán have “strengthened” that official's standing within the populist government, Orbán said Friday. Speaking on state...
Biden's new executive order aims to shore up US cyber defenses
WASHINGTON (AP) — President Joe Biden issued an executive order Thursday aimed at strengthening the nation's cybersecurity and making it easier to go after foreign adversaries or hacking groups that try to compromise U.S. internet and telecommunication systems. The order calls for...
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut. And in turn, Bessent...
New US sanctions target Sudan's warring military leader
WASHINGTON (AP) — The U.S. imposed sanctions on the leader of Sudan's military Thursday, saying he was blocking humanitarian aid and bombing hospitals, schools and markets in a war against an armed rival that has created a widening famine and the world's largest displacement crisis. ...
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
WASHINGTON (AP) — The U.S. Treasury Department said Wednesday that it's expanding the web of sanctions on companies and institutions supporting Russia's war efforts in Ukraine, re-designating about 100 entities for sanctions and placing sanctions on 15 new entities. A senior...
UN human rights chief calls for lifting Western sanctions on Syria as country rebuilds after Assad
DAMASCUS, Syria (AP) — The United Nations human rights chief on Wednesday called for the lifting of Western sanctions imposed on Syria over its yearslong civil war, now that former leader Bashar Assad has been ousted and sent into exile. While visiting Syria, Volker Türk also...
