Latest Sanctions and embargoes News

US levels new sanctions after North Korea missile launches

May. 27, 2022 11:25 AM EDT

WASHINGTON (AP) — The U.S. targeted two Russian banks Friday as part of new sanctions over alleged support for North Korea and its nuclear and ballistic missile programs. The sanctions come after what the U.S. says were three new ballistic missile launches by North Korea on...

China and Russia veto new UN sanctions on North Korea

May. 26, 2022 23:03 PM EDT

UNITED NATIONS (AP) — China and Russia vetoed a U.N. resolution sponsored by the United States on Thursday that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches that can be used to deliver nuclear weapons. The vote...

China, Russia veto UN resolution sponsored by the United States that would impose new sanctions on North Korea

May. 26, 2022 17:07 PM EDT
UNITED NATIONS (AP) — China, Russia veto UN resolution sponsored by the United States that would impose new sanctions on North Korea.

UN votes narrowly to extend arms embargo on South Sudan

May. 26, 2022 14:34 PM EDT

UNITED NATIONS (AP) — The U.N. Security Council voted by a narrow margin Thursday to extend an arms embargo on South Sudan and a travel ban and financial sanctions for targeted individuals for a year. For a resolution to be approved by the 15-member council, it needs at least nine...

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...