Keyword: sanctions

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  • House Votes to Have Treasury Publish Iranian Leaders’ Assets Over Objections of Maxine Waters

    12/14/2017 11:16:34 AM PST · by LSUfan · 50 replies
    Shariah Finance Watch ^ | 14 Dec 17 | Christopher Holton
    The US Treasury Department must publish a report listing the financial assets of Iran’s leaders, under a bill that passed the US House of Representatives this week. The bill, which passed by a vote of 289-135, must still pass the US Senate before President Trump can decide whether or not to sign it into law. This legislation previously was stymied when President Obama declared that he would veto it if it got to his desk. Leading the charge for the Iranian side was Maxine Waters…
  • Witness In Iran Sanctions Case Says Turkey's Erdogan Aided Evasion Scheme

    12/13/2017 2:35:10 PM PST · by Texas Fossil · 6 replies
    Radio Free Europe / Radio Liberty ^ | December 12, 2017 | With reporting by Bloomberg, Newsday, and Reuters
    Turkish President Recep Tayyip Erdogan was among the targets of an investigation in Turkey into suspected bribery and money laundering in connection with a scheme to help Iran evade sanctions, a former Istanbul police officer has testified. The officer, Huseyin Korkmaz, told a New York court on December 11 that the Turkish investigation that he led in 2012-2013 initially focused on Turkish-Iranian businessman Reza Zarrab, who U.S. prosecutors have said was the mastermind behind the Iran sanctions evasion scheme, but later grew to include dozens of others. He called Erdogan the "No. 1" target in a group that also included...
  • Clinton Foundation has bumpy record on donor disclosure

    11/28/2017 7:33:10 PM PST · by markomalley · 14 replies
    The Hill ^ | 11/28/17 | John Solomon
    In August 2016, then-Democratic presidential nominee Hillary Clinton took on critics of her husband’s charitable foundation by saying the former first family “went above and beyond” to disclose their donors to avoid even the appearance of a conflict of interest when she served as America’s top diplomat. On the face, Clinton’s statement is true. A December 2008 voluntary ethics agreement the Clinton Foundation and incoming secretary of State executed with the Obama administration, before called for, disclosed all donors to the Foundation and its various initiatives, something normal charities don’t have to do. But over the years, the Clintons’ compliance...
  • Air China suspends North Korea flights, deepening isolation

    11/22/2017 2:27:03 PM PST · by Eddie01 · 19 replies
    ABC News ^ | Nov 21, 2017 | Joe McDonald
    State-owned airline Air China suspended flights Tuesday between Beijing and North Korea due to a lack of demand, deepening the North's isolation amid mounting U.N. sanctions over its nuclear and missile programs. The move followed U.S. President Donald Trump's decision to add Pyongyang to a list of governments that support terrorism but there was no indication that prompted Air China's decision. A Chinese foreign ministry spokesman said he had no information. The suspension left North Korea's Air Koryo as the only airline with regularly scheduled service to the North. Its website lists flights to Beijing, Shanghai, Shenyang and Dandong in...
  • Trump administration announces sanctions against North Korea

    11/21/2017 8:09:53 AM PST · by yoe · 3 replies
    The News Tribune ^ | November 21, 2017 | Staff
    The Trump administration plans to announce Tuesday new sanctions on North Korea, after declaring it a state sponsor of terrorism in the latest push to isolate the pariah nation. North Korea has joined Iran, Sudan and Syria on America's terror blacklist, a largely symbolic step as the administration already has the authority to impose virtually any sanctions it wants on Kim Jong Un's government over its nuclear weapons development. As part of its "maximum pressure" campaign, President Donald Trump said the Treasury Department would impose more sanctions on North Korea and "related persons" starting Tuesday, without hinting who or what...
  • Baghdad Agrees To Ship Kirkuk Oil To Iran

    11/12/2017 1:35:44 AM PST · by BeauBo · 22 replies
    OilPrice ^ | 10 Nov 2017 | Zainab Calcuttawala
    Tehran and Baghdad have reached an agreement on a plan to export oil from Kirkuk in northern Iraq to Iran... Until recently, all oil from the fields around Kirkuk was shipped to the Turkish port of Ceyhan via a pipeline owned and operated by the Kurdistan Regional Government. ...With the Kurdistan autonomous region heavily dependent on oil revenues, chances are the government will seek to come to a mutually beneficial agreement with the central government in Baghdad.
  • Former Ukrainian leader said she was reassured by Trump

    02/04/2017 7:31:36 AM PST · by GonzoII · 13 replies
    Stars & Stripes/The Washington Post ^ | February 4, 2017 | TOM HAMBURGER
    A Ukrainian political leader said she received assurances from President Donald Trump that he would look out for Ukraine in its ongoing dispute with Russia, according to people briefed in the aftermath of a quick, informal conversation between the two political figures. Former Prime Minister Yulia Tymoshenko had a momentary meeting with Trump just before he spoke to the National Prayer Breakfast at the Washington Hilton on Thursday. Tymoshenko and a group of supporters who traveled with her from Kiev this week quickly relayed word of the exchange, telling allies in Washington that Trump had said he would not abandon...
  • Turkey bank regulator dismisses 'rumors' after Iran sanctions report (Halkbank lawsuit)

    10/21/2017 11:04:01 AM PDT · by Texas Fossil · 2 replies
    Reuters ^ | October 21, 2017 / 8:30 AM / Updated an hour ago | Orhan Coskun
    U.S. prosecutors last month charged a former Turkish economy minister and the ex-head of a state-owned bank with conspiring to violate Iran sanctions by illegally moving hundreds of millions of dollars through the U.S. financial system on Tehran’s behalf.
  • Maduro faces financial nightmare in Venezuela — just in time for Halloween

    10/15/2017 12:55:19 PM PDT · by 2ndDivisionVet · 10 replies
    The Miami Herald ^ | October 12, 2017 | Antonio María Delgado
    With its coffers empty and its financial moves restricted by U.S. sanctions, Venezuelan President Nicolás Maduro’s government is facing a nightmarish scenario with the approach of Halloween, when a series of debt payments totaling more than $3.5 billion are due. Analysts said the government will do everything possible to make the payments, even if it means further cuts in already reduced food imports, which would deepen shortages in a country where a majority of people cannot get three meals a day. But a default cannot be ruled out because of the precarious state of the country’s finances, the low level...
  • McCain scolds Trump for missing Russian sanctions deadline

    10/11/2017 6:05:59 PM PDT · by Drew68 · 63 replies
    The Hill ^ | 11 Oct 2017 | Joe Uchill
    Sens. John McCain (R-Ariz.) and Ben Cardin (D-Md.) slammed the Trump administration on Wednesday for missing a key deadline in implementing sanctions against Russia. “The delay calls into question the Trump administration’s commitment to the sanctions bill which was signed into law more than two months ago, following months of public debate and negotiations in Congress. They’ve had plenty of time to get their act together," the pair said in a joint statement on Wednesday. By Oct. 1, the McCain and Cardin-penned sanctions bill required the administration clarify which targets would be identified and punished as part of Russia's defense...
  • Hosting Proms and Selling Cows: North Korean Embassies Scrounge for Cash

    10/08/2017 7:28:12 AM PDT · by TigerLikesRooster · 10 replies
    NYT ^ | OCT. 7, 2017 | DAVID SEGAL
    Hosting Proms and Selling Cows: North Korean Embassies Scrounge for Cash By DAVID SEGAL OCT. 7, 2017 SOFIA, Bulgaria — While the embassies of most countries promote the interests of companies back home, North Korea’s are in business for themselves. A series of tough sanctions by the United Nations and an executive order recently signed by President Trump have sought to economically isolate the nuclear-armed regime of Kim Jong-un. But Pyongyang has held on to an array of profit-making ventures, some of which operate in the roughly 40 embassies of the hermit kingdom. Many of these enterprises are hard to...
  • Venezuela Prepares for War With U.S. With ‘Rifles, Missiles and Well-Oiled Tanks at the Ready’

    09/27/2017 8:25:58 PM PDT · by 2ndDivisionVet · 26 replies
    Newsweek ^ | September 26, 2017 | Cristina Silva
    Venezuela's President Nicolas Maduro called on his nation's military leaders Tuesday to prepare for war against the U.S. days after the Trump administration banned Venezuelan officials from entering the nation. "We have been shamelessly threatened by the most criminal empire that ever existed and we have the obligation to prepare ourselves to guarantee peace," said Maduro, who wore a green uniform and a military hat as he spoke with his army top brass during a military exercise involving tanks and missiles. "We need to have rifles, missiles and well-oiled tanks at the ready....to defend every inch of the territory if...
  • 5 things to know about Trump's new North Korea sanctions

    09/21/2017 9:49:21 PM PDT · by TigerLikesRooster · 20 replies
    The Hill ^ | 09/21/17 | JONATHAN EASLEY AND REBECCA KHEEL
    5 things to know about Trump's new North Korea sanctions BY JONATHAN EASLEY AND REBECCA KHEEL - 09/21/17 05:45 PM EDT /snip “Foreign financial institutions are now on notice that, going forward, they can choose to do business with the United States, or with North Korea, but not both,” Treasury Secretary Steven Mnuchin told reporters at a briefing on the sanctions. The executive order does that by giving the Treasury Department the authority to suspend U.S. correspondent account access to any foreign bank that knowingly conducts or facilitates significant transactions tied to trade with North Korea. /snip In another move...
  • President Trump Eyeing Major Changes to Disastrous Nuclear Deal with Iran

    09/22/2017 10:35:43 AM PDT · by Sean_Anthony · 5 replies
    Canada Free Press ^ | 09/22/17 | Joseph Klein
    President Trump may be maneuvering towards a position that uses the threat of restoring sanctions, and imposing new secondary sanctions on firms doing business with certain individuals and entities in Iran. President Trump used his address to the United Nations General Assembly on September 19th to lash out at Barack Obama’s nuclear deal with Iran, known as the Joint Comprehensive Plan of Action (JCPOA). He called it an “embarrassment” and “one of the worst and one-sided transactions the U.S. has ever entered into,” warning the General Assembly that “you haven’t heard the last on it, believe me.” President Trump said...
  • Israel air force strikes targets near Damascus airport-reports

    09/22/2017 6:58:43 AM PDT · by Nextrush · 19 replies
    DEBKAfile ^ | 9/22/2017 | DEBKAfile
    Lebanese and Syrian media report Israeli aerial attacks early Friday on targets near Damascus airport. Explosions were heard coming from the airport.....
  • North Korea claims sanctions threaten the survival of its children

    09/21/2017 7:48:41 PM PDT · by SeekAndFind · 33 replies
    American Thinker ^ | 09/21/2017 | Rick Moran
    Han Tae-song, Pyongyang's ambassador to the United Nations in Geneva, took advantage of a hearing by a U.N. committee on children to whine about how sanctions "seriously threaten" the health and well-being of North Korea's children. What's ironic about the ambassador's warning is that the hearing he was testifying at was held to look into independent allegations of forced child labor, sexual abuse, and trafficking in North Korea. Reuters: Han said North Korea, whose population is 26 million, is a "people-centered socialist country... where protection and promotion of the rights and welfare of the child are given top priority ......
  • Trump unveils sweeping sanctions to shut down North Korea's economy

    09/21/2017 12:33:55 PM PDT · by DFG · 15 replies
    UK Daily Mail ^ | 09/21/2017 | David Martosko and Francesca Chambers
    President Donald Trump signed an executive order on Thursday designed to choke North Korea's economy by penalizing nations that trade with the communist dictatorship. The order enables the Treasury Department to ramp up punishing sanctions in an effort to dissuade Pyongyang from pursuing its nuclear missile program. 'Our new executive order will cut off sources of revenue that fund North Korea's efforts to develop the deadliest weapons known to humankind,' the president told reporters ahead of a luncheon meeting with the leaders of Japan and South Korea. Trump warned that Pyongyang's textiles, fishing, information technology and manufacturing industries were potential...
  • Donald Trump is ‘the new Hitler’: Venezuelan president Maduro

    09/20/2017 11:50:33 PM PDT · by 2ndDivisionVet · 40 replies
    Samaa TV International ^ | September 21, 2017 | Staff
    Venezuelan President Nicolas Maduro has called Donald Trump “the new Hitler” of international politics, responding to the US President’s call for world leaders to help ‘restore’ democracy in the South American country, reported The Independent. Mr Trump had used a portion of his stark address to the United Nations General Assembly to single out Mr Maduro’s regime, which the US leader has called a “dictatorship”. “The magnate thinks he is the owner of the world, but no one threatens Venezuela,” said Mr Maduro, who did not attend the annual gathering of world leaders and diplomats. Mr Maduro also accused Mr...
  • US sanctions 4 countries for not accepting deportees

    09/14/2017 8:16:53 AM PDT · by SeekAndFind · 8 replies
    American Thinker ^ | 09/14/2017 | Rick Moran
    The Department of Homeland Security announced that the US would impose sanctions on 4 countries for not accepting their nationals who have been deported from the United States. Cambodia, Eritrea, Guinea, and Sierra Leone will not be allowed to issue visas for various classes of individuals. The sanctions had been discussed for several months as the US is at odds with several countries over returning their nationals who entered the country illegally.  Fox News: “International law obligates each country to accept the return of its nationals ordered removed from the United States,” Acting Secretary of Homeland Security Elaine Duke...
  • North Korea promises ‘ultimate great pain’ following UN’s strongest sanctions yet on its exports

    09/12/2017 7:38:49 AM PDT · by SeekAndFind · 27 replies
    American Military News ^ | 09/12/2017 | Melissa Leon
    The United Nations Security Council on Monday voted unanimously to pass its strongest sanctions yet on North Korea following its sixth ever successful nuclear missile launch and claims that the country now has a Hydrogen bomb it can place on an intercontinental ballistic missile (ICBM). The sanctions, while watered down from original drafts, fully ban the country’s textile exports and reduce its oil and petroleum exports. This means about 90 percent of North Korea’s exports are now banned, as well as a complete ban on the country’s overseas laborers that provide nearly $500 million in revenue. Additionally, all foreign investment...