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Tag: SANCTIONS

As banks pull plug on Russia payments, China firms go ‘underground’
Business

As banks pull plug on Russia payments, China firms go ‘underground’

May 5, 2024May 5, 2024

In southern China, an equipment producer is dealing with hurdles in delivery its merchandise to Russia, not due to any issues with the devices however

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US drafts sanctions aimed at Chinese banks over Russia aid: Report
Business

US drafts sanctions aimed at Chinese banks over Russia aid: Report

April 28, 2024April 28, 2024

The United States is making ready sanctions aimed toward disconnecting sure Chinese banks from the worldwide monetary community, in a transfer officers say is meant

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US commerce secretary plays down chip in advanced Huawei model
Technology

US commerce secretary plays down chip in advanced Huawei model

April 23, 2024April 23, 2024

The chip powering the Mate 60 Pro mannequin of sanctioned Chinese firm Huawei is just not as superior as American chips, U.S. Commerce Secretary Gina

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Lebanon’s ex-central bank chief slapped with US, UK, Canada sanctions
Business

Lebanon’s ex-central bank chief slapped with US, UK, Canada sanctions

August 10, 2023August 10, 2023

Lebanon’s embattled former central financial institution governor and a handful of shut family and associates had been on Thursday slapped with sanctions by the United

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BRICS bank looks to local currencies as Russia sanctions bite
Economy

BRICS bank looks to local currencies as Russia sanctions bite

August 10, 2023August 10, 2023

Hobbled by the affect of sanctions towards founding shareholder Russia, the New Development Bank (NDB) arrange by the BRICS nations wants to extend its native

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West slaps fresh sanctions against Iran, N. Korea
Economy

West slaps fresh sanctions against Iran, N. Korea

April 24, 2023April 24, 2023

The European Union, the United States and the United Kingdom scaled up tensions in opposition to Iran’s Islamic Revolutionary Guard Corps (IGRC), whereas Washington additionally

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Hungary quits Russia-linked bank after US sanctions
Business

Hungary quits Russia-linked bank after US sanctions

April 13, 2023

Hungary’s authorities introduced Thursday it’s withdrawing its membership from a Russia-controlled funding financial institution a day after the United States issued sanctions in opposition to

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US expects to see fall in Türkiye-Russia trade activity
Economy

US expects to see fall in Türkiye-Russia trade activity

April 7, 2023April 7, 2023

The U.S. anticipates seeing a lower in commerce ties between Türkiye and Russia after Ankara agreed to cease the transit of sanctioned Western items to

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Russia’s economy weathers sanctions but tougher tests await Putin
Economy

Russia’s economy weathers sanctions but tougher tests await Putin

March 13, 2023March 13, 2023

After a 12 months of far-reaching sanctions aimed toward degrading Moscow’s warfare chest, financial life for atypical Russians would not look all that totally different

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‘Red lines’: Musk warned of EU ‘sanctions’ after Twitter suspensions
Technology

‘Red lines’: Musk warned of EU ‘sanctions’ after Twitter suspensions

December 24, 2022

Elon Musk was warned on Friday by the European Union that Twitter might be topic to sanctions underneath a future media regulation after the “worrying”

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