Page 2 - Us Sanctions

Russian, Chinese FM deem Western sanctions unacceptable during UNGA talks

During their discussion, both leaders reiterated the sanctions imposed by the Western countries' violated UN Security Council resolutions

US sanctions Russian state media over raising funds for troops in Ukraine

The US State Department announced new sanctions on Russian state media Friday, accusing a Kremlin news outlet of working hand-in-hand with the Russian military and running fundraising campaigns to pay for sniper rifles, body armour and other equipment for soldiers fighting in Ukraine. While the outlet, RT, has previously been sanctioned for its work to spread Kremlin propaganda and disinformation, the allegations announced Friday suggest its role goes far beyond influence operations. Instead, Secretary of State Antony Blinken said, RT is a key part of Russia's war machine and its efforts to undermine its democratic allies. RT has also created websites posing as legitimate news sites to spread disinformation and propaganda in Europe, Africa and elsewhere, officials said. They say the outlet has also expanded its use of cyber operations with a new unit with ties to Russian intelligence.

Sanctioned tanker with Arctic LNG 2 cargo moving east along Northern Sea

Washington has recently imposed additional sanctions against Russia for its war with Ukraine

Will take action against US media in response to charges, says Russia

The United States on Wednesday filed money-laundering charges against two employees of RT

India's US crude imports rebound as Washington tightens screws on Russia

India may have bought over $1 bn of US oil in August; increasing such shipments helps it to trim trade surplus with the US

India business booming despite Western sanctions, says Russia's Sberbank

Sberbank's branch in India has offices in Delhi and Mumbai, as well as an IT centre in Bangalore

China opposes US sanctions on firms over 'links to Russia's war efforts'

China on Sunday expressed its opposition to the latest US sanctions on Chinese companies over their alleged ties to Russia's war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country's businesses. The US on Friday announced sweeping sanctions on hundreds of firms in Russia and across Europe, Asia and the Middle East, accusing them of providing products and services that enable Russia's war effort and aiding its ability to evade sanctions. The US Department of State said it was concerned by the magnitude of dual-use goods exports from China to Russia. The Ministry of Commerce in China in its statement firmly opposed the US putting multiple Chinese companies on its export control list. The move bars such companies from trading with US firms without gaining a nearly unobtainable special license. The ministry said the US action was typical unilateral sanctions," saying they would disrupt global trade orders and rules, as well as affect

US sanctions hundreds of firms accused of supplying war machine for Russia

The US imposed sweeping sanctions Friday on hundreds of firms in Russia and across Europe, Asia and the Middle East, accusing them of providing products and services that enable Russia's war effort and aiding its ability to evade sanctions. Among those sanctioned by the Treasury Department were 60 Russian-based technology and defense companies, including three Russian financial tech companies. Also sanctioned were firms in Turkiye, France and Hong Kong that act as suppliers to Russia-based Promtekh, a wholesale distributor of transportation equipment, and an ammunition procurement network connected to Italian and Turkish nationals, who also face sanctions. Friday's action is the latest in a series of thousands of US sanctions that have been imposed on Russian firms and their suppliers in other nations since Russia's invasion of Ukraine in February 2022. The effectiveness of the sanctions has been questioned, especially as Russia has continued to support its economy by selling oil and

Southeast Asia's solar industry boom threatened by US-China trade tensions

Chinese firms that set up factories there over the last decade are now being accused of skirting US import levies on their home market

US imposes more sanctions targeting Houthi, Hezbollah trade networks

The US Treasury Department in a statement said it targeted companies, individuals and vessels accused of being involved in the shipment of Iranian commodities

India, Russia explore dynamic rupee-rouble rate to overcome trade issues

RBI deputy governor T Rabi Sankar and top officials of some public sector banks are visiting Moscow for a meeting of the India-Russia Joint Business Council for banking and finance

Sanctioned Iranian crude oil finds new markets in city of Dalian in China

Analysts estimate China imported 1.2-1.4 million bpd of Iranian crude during the period. Vortexa said the imports hit a record 1.52 million bpd last October

Russian firms find it difficult to get paid by China amid US sanctions

Those delays come after the US in June widened the parameters for determining whether to impose secondary sanctions by broadening the definition of Russia's military-industrial base

Amid Ukraine war, Russia upgraded to 'high-income' nation; here's why

Thriving in a war economy: Amid heavy sanctions, Russia's economy defied expectations, achieving a high-income status for the first time since 2014, according to the World Bank

Iran's presidential candidates debate sanctions, nuclear deal before runoff

Iranian presidential candidates on Tuesday discussed the impact of economic sanctions imposed on their country by the United States and other Western nations and presented their plans about reviving a nuclear deal with world powers. It was the second, and last, live debate on state television pitting little-known reformist Masoud Pezeshkian and Saeed Jalili, a hard-line former nuclear negotiator, ahead of Friday's runoff election aimed at choosing a successor for the late President Ebrahim Raisi, who died last month in a helicopter crash. Pezeshkian said that sanctions imposed by the West have badly hurt Iran's economy. He cited a 40 per cent inflation over the past four years and the increasing poverty rates. We live in a society in which many are begging on the streets," he said. Pezeshkian, a cardiac surgeon, said his administration would immediately work towards trying to get sanctions lifted and vowed to repair the economy. He also said he would find a solution to revive a ...

US sanctions Boeing for leaking information about 737 Max 9 probe to media

Boeing is being sanctioned by US investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9. The National Transportation Safety Board (NTSB) said Thursday that Boeing blatantly violated the agency's investigative regulations as well as a signed agreement by providing non-public investigative information to the media and speculating about possible causes of the January 5 door plug blowout on a Boeing passenger jet in Portland, Oregon. During the incident, a panel that plugged a space left for an extra emergency door blew off an Alaska Airlines Max 9. Pilots were able to land safely, and there were no injuries. The NTSB said that on Tuesday during a media briefing, a Boeing executive provided non-public investigative information to the media about the Alaska Airlines incident that the agency had not verified or authorized for release. The NTSB said that Boeing portrayed the NTSB's investigation as a search

EU leaders to agree on top jobs, strategic agenda amid Russia-Ukraine war

They will also ask EU institutions to work out the details of a 50 billion euro loan for Ukraine that would be serviced by profits generated by Russian central bank assets frozen in the West

Iran's supreme leader calls for maximum turnout for presidential election

Iran's supreme leader called Tuesday for maximum voter turnout in this week's presidential election to overcome the enemy," denouncing politicians who he described as believing that everything good comes from the United States. While not naming any particular candidates, the comments by Supreme Leader Ayatollah Ali Khamenei appeared to directly undercut the candidacy of the race's sole reformist candidate, 69-year-old heart surgeon Masoud Pezeshkian. In recent speeches, Pezeshkian has urged Iran to return to the 2015 nuclear deal and increase its outreach to the West. The one who has the slightest opposition to the revolution ... or the Islamic system, is not useful to you, Khamenei said. He will not be a good colleague for you. Khamenei's comments drew repeated cries of Death to America, death to Israel from a raucous crowd gathered to mark the Shiite holiday of Eid al-Ghadir. The 85-year-old Khamenei urged the crowd to quiet themselves several times during his remarks. Friday's

US expands Russia sanctions, targets chips sent via China amid Ukraine war

Separately, the Commerce Department said it was targeting shell companies in Hong Kong for diverting semiconductors to Russia

US slaps sanctions on Hong Kong, UAE firms for Russian-origin gold deals

Russia is the world's second-largest gold miner after China