Page 5 - Us Sanctions

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

US Treasury official visits Ukraine to discuss sanctions on Russia

A senior US Treasury official is in Kyiv this week to talk with government officials about US financial support for Ukraine, efforts to tighten sanctions on Russia and plans to use immobilized Russian sovereign assets for the benefit of Ukraine as it fends off Russian forces. Deputy Secretary Wally Adeyemo's trip comes as Russia gains territory on the battlefield after an especially lengthy delay in US military aid left Ukraine at the mercy of Russia's bigger army and as the outlook for Ukraine's state finances is on shakier ground. Adeyemo is set to meet with officials in Ukraine's finance ministry and president's office. He's also planning a stop at the Kyiv School of Economics to speak with faculty and civil society groups working on sanctions policy and ways to make sanctions on Russia more effective. President Joe Biden signed legislation in April that allows the administration to seize the roughly USD5 billion in Russian state assets located in the US. However, a majority of t

Yellen urges German banks to boost compliance with US sanctions on Russia

"Russia continues to procure sensitive goods and to expand its ability to domestically manufacture these goods. We must remain vigilant and be more ambitious," Yellen said

India's Russian oil imports rise to 9-mth high in April as shipments resume

India, the world's third-biggest oil importer and consumer, is the top client for Russian seaborne oil

India-Iran Chabahar deal: How Jaishankar responded to US sanctions warning

After India and Iran signed a long-term deal for running the Chabahar port, the US warned that any country having business dealings with Tehran ran the 'potential risk of sanctions'

US Treasury imposes sanctions after aborted sale of Russian tycoon stake

Treasury will continue to take action to ... stop evasion by the Kremlin and its oligarch enablers, said US Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson

New tariff walls

US tariffs will further increase trade friction

Chabahar: Once exempt from US sanctions, why the port is again under threat

India and Iran have signed a long-term contract for the operation of the Shahid Beheshti Port terminal at Chabahar in Iran

India-Iran Chabahar port deal: US State Dept warns of potential sanctions

Any entity, anyone considering business deals with Iran, they need to be aware of the potential risk they are opening themselves up to, potential risk of sanctions, US State department said

Here's how Western sanctions are strangling Russia's Arctic gas ambitions

Russia has long sought to increase its share of the global LNG market, but the war and the subsequent sharp drop in overland exports to Europe have reinforced the importance of these ambitions