Latest Sanctions and embargoes News
Europeans criticize US move to revoke Iran sanction waivers
BERLIN (AP) — The western European parties to the landmark nuclear deal with Iran on Saturday criticized a U.S. decision to end nearly all of the last vestiges of sanctions relief provided under the 2015 pact. The U.S. unilaterally withdrew from the deal with Iran in 2018, leaving the others involved...
UN extends arms embargo and other sanctions in South Sudan
UNITED NATIONS (AP) — The U.N. Security Council approved a resolution Friday extending for a year an arms embargo on South Sudan and a travel ban and financial sanctions for targeted individuals, with Russia, China and South Africa abstaining. The U.S.-drafted resolution welcomes “encouraging...
Hostel at North Korean embassy in Berlin closed for good
BERLIN (AP) — A hostel on the grounds of the North Korean embassy in Berlin accused of helping finance the East Asian country in violation of international sanctions has been closed, a city official said Friday. Stephan von Dassel, the head of the central district that is home to the embassy and...
Iran says it will continue nuclear work despite US sanctions
TEHRAN, Iran (AP) — Iran said Friday its experts would continue nuclear development activities, despite sanctions imposed earlier this week on their fellow scientists by the United States. State TV cited a statement from the country’s nuclear department saying the U.S. decision to impose sanctions...
EU renews Syria sanctions with conflict in its 10th year
BRUSSELS (AP) — The European Union is prolonging for another year its sanctions against Syrian President Bashar Assad and other top political officials, military officers and business people over the regime's continued crackdown on civilians in the conflict-torn country. The European Council, headquarters...
US clamps down on waivers tied to Iran's nuclear cooperation
WASHINGTON (AP) — The Trump administration announced Wednesday it is ending nearly all of the last vestiges of U.S. sanctions relief provided under the 2015 Iran nuclear deal. Secretary of State Mike Pompeo said he would revoke all but one of sanctions waivers covering civil nuclear cooperation. The...
Venezuela to escort Iranian tankers bringing needed fuel
CARACAS, Venezuela (AP) — Venezuela’s defense minister said Wednesday that planes and ships from the nation's armed forces will escort Iranian tankers arriving with fuel to the gasoline-starved country in case of any U.S. aggression. Defense Minister Vladimir Padrino López said Venezuela's...
UN official warns of escalating Libyan war citing foreigners
UNITED NATIONS (AP) — The top U.N. official in Libya warned Tuesday that the war in the North African country will “intensify, broaden and deepen” because of increasing foreign intervention and the influx of weapons, military equipment and mercenaries to both sides. Acting U.N. special envoy...
Iran stock market booms, but analysts fear a growing bubble
TEHRAN, Iran (AP) — Even as U.S. sanctions, unemployment, inflation and low oil prices batter the Iranian economy, there seems to be at least one refuge for investors. The Tehran Stock Exchange has seen gains of 225% in the last year, with sharp increases even as the country struggled with one of the...
US accuses Iran of defying UN resolution endorsing nuke deal
UNITED NATIONS (AP) — The United States accused Tehran on Wednesday of defying the U.N. resolution endorsing the 2015 Iran nuclear deal with a satellite launch last month and also argued it is continuing to violate a U.N. arms embargo. The U.S. Mission to the United Nations made the allegations at an...
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