Sanctions

    • US threatens new tariffs on $4bn of EU goods

      US threatens new tariffs on $4bn of EU goods

      The United States threatened on Monday to impose tariffs on $4bn in European Union goods, citing vague “additional analysis” ostensibly over the lengthy dispute involving subsidies for the world's two largest plane manufacturers. The decision though also came mere days after the bloc restarted trade in essential goods with Iran.

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    • US further tightens sanctions on Iran

      US further tightens sanctions on Iran

      The United States is today due to further tighten sanctions on Iran, as relations between the two countries continue to deteriorate. Washington has previously sanctioned economically significant sectors of Iran such as oil, banks, aircraft and steel, leaving smaller targets including certain exports not restricted so far as well as government officials unaffected by previous measures.

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    • EU agrees new cyber sanctions

      EU agrees new cyber sanctions

      The EU adopted a mechanism to impose new sanctions regime on individuals and legal entities for cyberattacks, the EU Council said in a statement Friday. Aimed at detering future attacks by hostile state and non-state actors and pushed by the UK, the sanctions regime will impose tougher consequences for those behind cyber attacks such as asset freezes and visa bans, which will replace the old, country-based sanctions.

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    • North Korea's Kim arrives in Russia before summit with Putin

      North Korea's Kim arrives in Russia before summit with Putin

      North Korean leader Kim Jong-un arrived in Russia on Wednesday morning for his much-anticipated summit with President Vladimir Putin in the Pacific port city of Vladivostok. Photos, published by North Korean media showed the leader saluting an honor guard and waving to people carrying flowers at a rail station before boarding his khaki-green armored train for the lengthy journey. Russian news agency TASS also confirmed Kim's arrival at the Hasan train station after crossing the border.

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    • US will sanction all countries importing Iranian oil

      US will sanction all countries importing Iranian oil

      In a move intended to further ramp up pressure on Iran by strangling the revenue it gets from oil exports, The US State Department is poised to tell five nations, including allies Japan, South Korea and Turkey, that they will no longer be exempt from US sanctions if they continue to import oil from the Islamic country. The plans to not renew sanctions waivers for the five countries when they expire on 2 May are expected to be announced today by Secretary of State Mike Pompeo. The other countries no longer exempt would be China and India.

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    • Kim Jong-un tightens leadership over North Korea

      Kim Jong-un tightens leadership over North Korea

      North Korean leader Kim Jong-un has further cemented his grip on power, in a big reshuffle of the country's leadership this week. Kim, however, didn't signal a retreat, either from negotiations with the US or a self-imposed moratorium on testing of missiles and nuclear bombs, something Pyongyang said last month he had been considering. Instead, Kim's remarks pointed to economic belt-tightening in an attempt to ride out economic sanctions - and perhaps the Trump administration, too - while hanging on to his country's nuclear arsenal.

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    • Violating international law, Russia isn't partner any more

      Violating international law, Russia isn't partner any more

      The EU should remain open to imposing further sanctions if Russia continues to violate international law, MEPs stated last Tuesday in a resolution adopted by by 402 votes to 163, with 89 abstentions, the EP press service reported. MEPs noted that new areas of tension between the EU and Russia have arisen since 2015, including Russia’s intervention in Syria, interference in Libya and the CAR, and continuous aggressive action in Ukraine.

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