CARACAS, Venezuela — The U.S. government on Monday pulled back part of the sanctions relief it granted Venezuela last year, following through on its threat after the South American country’s highest court blocked the presidential candidacy of an opposition leader. The Department of the Treasury gave companies transacting with Venezuela’s state-owned mining company until Feb. … Read more
CARACAS, Venezuela — The U.S. government and nearly 30 conservative world leaders on Saturday condemned the decision of Venezuela’s highest court to block the presidential candidacy of opposition leader María Corina Machado. The Biden administration, however, remained noncommittal about reimposing economic sanctions on Venezuela, which it has threatened to do if the government of President … Read more
Comment on this storyCommentAdd to your saved storiesSave MOSCOW — Over the first eight days of December, civilian Russian airplanes experienced at least eight serious mechanical failures, terrifying many passengers as pilots were forced to make emergency landings in cities across the country. The incidents did not kill anyone, but they illustrate the rising peril … Read more
BEIJING — China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals. The sanctions will freeze any property the companies have in China and prohibit organizations and individuals in China from doing business with them, the Foreign Ministry said in … Read more
The U.S. on Thursday imposed sanctions on a group of money exchange services from Yemen and Turkey alleged to help provide funding to Iranian-backed Houthi rebels who have been launching attacks on commercial shipping vessels in the southern Red Sea. Included in the sanctions are the head of a financial intermediary in Sana’a, Yemen, along … Read more
BEIJING — China says it is banning a United States research company and two analysts who have reported extensively on claims of human rights abuses committed against Uyghurs and other Muslim minority groups native to the country’s far northwestern region of Xinjiang. Foreign Ministry spokesperson Mao Ning was quoted as announcing late Tuesday night that … Read more
Abramovich, who is known to be a close contact of President Putin, was sanctioned by EU and U.K. authorities in March, causing his assets to be frozen and travel restricted. Cem Ozdel | Anadolu Agency | Getty Images A European Union court on Wednesday upheld sanctions imposed on Russian billionaire Roman Abramovich following a legal … Read more
Western sanctions against Russia in the wake of Vladimir Putin’s full-scale invasion of Ukraine in February 2022 came hard and fast. Moscow lost access to a staggering $300 billion of its foreign exchange reserves held by G7 countries overnight, the ruble sank almost a quarter of its value against the U.S. dollar, and Russia’s industrial … Read more
Comment on this storyCommentAdd to your saved storiesSave Inside her home in Caracas, Venezuela, a mother’s heart swelled with hope — an optimism so tangible, it brought her down to her knees. “Gracias, dios mío,” — thank you, God — Wendelin Peña repeated as tears streamed down her face that Oct. 18 afternoon. The Biden … Read more
West Africa’s top court has rejected a request by Niger’s junta for a lifting of coup-related sanctions imposed by its neighbors ByCHINEDU ASADU Associated Press December 7, 2023, 9:54 AM FILE – Mohamed Toumba, one of the soldiers who ousted Nigerian President Mohamed Bazoum, addresses supporters of Niger’s ruling junta in Niamey, Niger, Sunday, Aug. … Read more