sanctions

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Turkish Gold Trader Changes Sides in US Corruption Trial
Businessman's
US Testimony
Stuns Turkey
THE RUNDOWN

Businessman's US Testimony Stuns Turkey

Trader alleges ministers helped dodge Iran sanctions

(Newser) - Turkish-Iranian businessman Reza Zarrab was supposed to go on trial this week for conspiring to dodge American sanctions on Iran—but in a turn of events that has made the legal drama grip his homeland, it emerged that he has already pleaded guilty and is now the star witness for...

Trump Expected to Decertify Iran Deal on Friday

But he also will give Tehran a chance to 'fix' things

(Newser) - President Trump said last month he'd made up his mind about the Iran nuclear deal, and he is expected to reveal that decision on Friday. Officials tell USA Today Trump is set to announce that he will decertify what he's called "the worst deal ever," though...

How North Korea Sells Illegal Arms, Despite Sanctions

Capture of weapons cache in Egypt highlights how Pyongyang flouts UN

(Newser) - A major delivery of North Korean arms to Egypt last year was dashed only after American spies got wind of the illegal cache and, alerting officials in Cairo, essentially forced the US ally to seize the rickety ship. The dashed deal reveals the difficulty of stopping the illegal arms trade...

Trump Tightens &#39;Economic Noose&#39; on North Korea
Trump Shows
North Korea
His Bite

Trump Shows North Korea His Bite

Signs an executive order that widens sanctions

(Newser) - North Korea may have called President Trump a barking dog , but now it's seeing his bite. Trump on Thursday made a move to tighten the "economic noose" around the country, as the AP puts it, by ramping up sanctions against the Hermit Kingdom. The BBC reports he signed...

Despite Sanctions, S. Korea Lends Helping Hand to North

Via $8M in humanitarian aid, which some critics aren't happy about

(Newser) - Despite the UN approving new sanctions against North Korea this month, South Korea is offering its neighbor a helping hand. For the first time in nearly two years, the South Korean government says it plans to deliver $8 million in humanitarian aid to vulnerable groups in the North by way...

US Hits Venezuela With Sanctions
US Hits Venezuela 
With Sanctions

US Hits Venezuela With Sanctions

But US imports of Venezuelan oil are allowed to continue

(Newser) - The Trump administration on Friday slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA, per the AP . The sanctions Trump signed by executive order are bound to dramatically escalate tensions between Venezuela and the US and exacerbate the...

US Hits North Korea on Coal, Oil, and ... Statues
US Hits North Korea
on Coal, Oil, and ... Statues
the rundown

US Hits North Korea on Coal, Oil, and ... Statues

New sanctions penalize Chinese and Russian firms for dealing with Pyongyang

(Newser) - The Treasury Department applied new sanctions Tuesday intended to squeeze North Korea even tighter. The sanctions were mostly against Chinese and Russian companies and individuals that the US accuses of conducting illegal business with Pyongyang and thus helping its nuclear weapons program, reports the Washington Post . The big hits were...

Trump OKs Russian Sanctions, Calls Some 'Unconstitutional'

Congress passed them as retaliation for meddling in the 2016 election

(Newser) - As expected, President Trump signed new Russian sanctions into law on Wednesday—"quietly," reports the Hill . And, it turns out, with loud reservations. Both the House and Senate passed the sanctions by overwhelming, veto-proof margins—517 in favor, just 5 against across both houses—as retaliation for Russian...

Putin: US Must Cut 755 From Embassy After Sanctions

Foreign minister warned of retaliation early Sunday

(Newser) - Russian President Vladimir Putin says the US embassy in Moscow will have to cut staff by 755 under new Russian sanctions, reports the AP . The move comes swiftly after the sanctions were overwhelmingly approved by Congress and the White House announced that President Trump intends to sign the legislation. The...

White House: Trump Supports Sweeping Russia Sanctions

Press secretary indicates he will sign the measure

(Newser) - The White House has indicated that President Donald Trump would sign a sweeping Russia sanctions measure that requires him to get Congress' permission before lifting or easing the economic penalties against Moscow, the AP reports. The House was scheduled to consider the sanctions package as early as Tuesday, and the...

Dems, GOP Agree on Bill That Weakens Trump on Sanctions

Legislation subjects president to congressional review on sanctions

(Newser) - It turns out Democrats and Republicans can work together to get legislation done. Reuters reports representatives on both sides of the aisle have agreed on legislation that allows for new sanctions against Russia, Iran, and North Korea. The legislation also makes it harder for President Trump to single-handedly relax or...

Exxon Fined $2M for Sanctions Breach Under Tillerson

Company says it did nothing wrong

(Newser) - Exxon Mobil Corp. must pay a $2 million fine for showing "reckless disregard" for US sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday. Exxon sued the US government to stop the fine. The Treasury said that Exxon...

Sudan Retaliates Against the US
Sudan Retaliates
Against the US

Sudan Retaliates Against the US

It freezes negotiations with US after White House postpones sanctions move

(Newser) - Sudan on Wednesday announced it was freezing negotiations with the United States in retaliation for the Trump administration's move to postpone permanently lifting US sanctions on the African country. Earlier, Washington said it wanted more time to determine whether the government of President Omar al-Bashir had made enough progress...

US May Retaliate Alone Against North Korea

Feds reportedly lining up sanctions against Chinese banks and businesses

(Newser) - China appears to be tired of the US and other nations blaming Beijing for not reining in North Korea. "The 'China responsibility theory' on the peninsula nuclear issue can stop," said Foreign Ministry spokesman Geng Shuang, per Reuters . He didn't name names, but he said that...

New Sanctions on Syria Among Biggest Ever by US

White House announces 271 penalties, cites chemical weapons attack

(Newser) - The White House accuses Syrian leaders of gassing their own civilians , and it's looking to punish anyone in the nation connected to the weapons. On Monday, the Treasury Department announced sanctions against 271 employees of a Syrian agency believed to have developed and produced chemical weapons, reports USA Today ...

N. Korea Propaganda Clip Shows US Warship 'Exploding'

Happy Tuesday from Pyongyang

(Newser) - North Korea wasn't shy about disseminating apocalyptic (and even just plain weird ) propaganda during former President Obama's tenure, and it appears that President Trump is going to get equal time. Per the Telegraph , Pyongyang released a fiery clip on YouTube over the weekend depicting a US aircraft...

Trump Allows Business Deals With Russian Spy Agency

But that may not be as nefarious as it seems

(Newser) - The Trump administration finally did what many feared it would do: rolled back sanctions on Russia. Or did it? USA Today reports the Treasury Department on Thursday granted an exemption that allows US businesses or individuals to do business with Russian spy agency FSB, as long as payments are less...

Trump Signals Policy Shifts on Russia, China

He's keeping sanctions, but maybe not for long

(Newser) - Donald Trump dropped some big hints about changes to US policy on its biggest world rivals in a Wall Street Journal interview released Friday evening. On Russia, Trump said he is planning to keep the latest American sanctions in place "at least for a period of time," but...

Putin's Surprise Move: He Won't Deport US Diplomats

Despite recommendation from Foreign Ministry head, Putin says he won't partake in 'irresponsible diplomacy'

(Newser) - Not many would be surprised if Moscow retaliated for fresh US sanctions over what it calls "groundless" accusations of election hacking, and one proposal seemed to point in that direction: Foreign Minister Sergei Lavrov said he wants to expel 35 American diplomats in return for the US expulsion of...

Obama Hits Russia With New Sanctions

But Trump could lift them once he's in office

(Newser) - The Kremlin is threatening to respond in kind after the US imposed new sanctions against Russia on Tuesday. The sanctions go after several businessmen and companies—and they're not over allegations of hacking . Instead, the US is punishing Moscow for what it sees as Russia's illegal incursions in...

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