Sanctions

German Businesses Pen Letter to Democrat Lawmakers Urging US to Lift Sanctions on Nord Stream 2
Washington already imposed sanctions on the Russian-German energy project late last year, tacking them on to the US National Defence Authorization Act. Now, a bipartisan group of lawmakers from both the House and Senate is reportedly looking to introduce additional restrictions against it before the end of the year. An influential group of German businesses has written a letter to Democra [...]
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Greenback at Risk? Dollar Loses Crown as World’s Payments Currency for First Time Since 2013
The ongoing US trade war with China has raised concerns about the United States deploying the ‘nuclear option’ of freezing China’s banking sector out of the global US dollar payments system, prompting the use of alternative currencies such as the euro and the yuan to settle financial transactions. The European Union’s single currency was the most used currency for global payments [...]
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Iran to Enjoy Free Arms Trade Under Nuclear Deal Starting on Sunday, President Says
Iran will become free to sell and buy weapons starting Sunday as the UN arms embargo will be terminated under the 2015 nuclear deal despite the active resistance from the United States, Iranian President Hassan Rouhani said on Wednesday. "This 10-year oppressive embargo will be lifted on Sunday, 18 October, with people’s resistance and the efforts of our country's diplomats, despite 4 yea [...]
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Navalny Accuses Putin of Poisoning: Why Claim Holds No Water and Who Could Benefit From It
Russian opposition figure Navalny, who has been discharged from the Charité hospital in Berlin where he was treated after an alleged poisoning, claimed in an interview with Der Spiegel that Putin "was behind the crime". But some analysts pour scorn on the suggestion that the Russian president ordered the political figure to be poisoned. Claims that the Russian leadership could be behind [...]
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Germany warns US against imposing sanctions on Nord Stream 2, says no country has right to ‘dictate’ its energy policy
German Foreign Minister Heiko Maas has warned the United States not to interfere with the completion of the Russian-led Nord Stream 2 gas pipeline project, stressing that Europe has the right to choose its own energy sources. “Sanctions between partners are definitely the wrong way to go,” Maas said during a joint press conference with his Russian counterpart Sergei Lavrov in Moscow, addi [...]
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US puts NEW sanctions on Iran, despite calls for relief amid massive coronavirus outbreak
The US Treasury Department has slapped fresh sanctions on Iran, accusing several Iranian firms of aiding terrorism. Meanwhile, Tehran and the UN have called for the easing of sanctions amid the Covid-19 pandemic. The Treasury sanctioned 15 individuals and five companies on Thursday, accusing them of supporting and acting “on behalf of the Islamic Revolutionary Guards Corps-Qods Force,” conside [...]
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Russian senator calls for ALL unilateral SANCTIONS to be lifted to prevent coronavirus causing global economic crisis
The spread of Covid-19 may send the global economy into a lengthy recession, but lifting sanctions that aren’t backed by the United Nations may help avoid a total catastrophe. That's according to a senior Russian senator. The drop in energy demand, unstable currency exchange rates, and the threat to people’s safety have put humanity at risk of a major economic crisis which “won’t spare any [...]
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“Price Prevails”: Why Australia, New Zealand, Canada Could Follow UK in Saying Yes to Huawei’s 5G
This week, in defiance of the Trump administration, London formally granted Chinese tech giant Huawei the right to build part of the UK’s 5G mobile internet network, albeit capping its UK market share at 35 percent and restricting involvement to “non-core” infrastructure. The US, which lobbied intensely to block Huawei, expressed disappointment. [...]
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UK Reportedly Set to Snub US Calls to Ban Huawei From Supplying 5G Equipment
For some time now, London has been deciding on whether to allow Chinese tech giant Huawei to participate in a national fifth-generation technology rollout, following calls from Washington to ban the company amid security and intelligence sharing concerns. A final decision is expected to be made soon. The United Kingdom will allow Huawei to supply 5G equipment for its national superfast next-genera [...]
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German Defence Minister Confirms Reports of Trump’s Threats to Slap EU With Higher Tariffs Over Iran
Three European signatories to the Joint Comprehensive Plan of Action, also known as Iran nuclear deal, initiated the accord's dispute mechanism on 14 January thus threatening to put an end to the agreement's existence following the US withdrawal from it in 2018. German Defence Minister and head of a governing coalition party, the CDU, Annegret Kramp-Karrenbauer has confirmed that the US indeed thr [...]
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Europe caved to US ‘bully’ by ‘selling out’ nuclear deal to avoid new Trump tariffs – Zarif
France, Britain and Germany have betrayed the 2015 nuclear deal after being threatened with US tariffs, Iranian Foreign Minister Mohammad Javad Zarif has claimed, noting that Europe has lost the moral high ground. The three European states accused Tehran of non-compliance with the accord after buckling under pressure from the United Sates, Zarif wrote in a tweet, citing a Washington Post report de [...]
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Trump’s threat to freeze Iraq’s US bank account over request to withdraw troops is pure mobster-style intimidation
Donald Trump’s threat to cut off Iraq’s access to its account at the Federal Reserve Bank of New York if Baghdad insists on a withdrawal of US troops from its soil is bare-faced, modern-day colonialism. Let’s set the scene. On January 5, the Iraqi parliament voted to approve a resolution calling for the removal of US troops. A day later, Donald Trump threatened to hit Iraqis with deadly ec [...]
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How Europe betrayed Iran: By triggering JCPOA dispute mechanism, EU helps Trump finish job of killing the Iran nuclear deal
Europe could have saved the Iran nuclear agreement. Instead, it abused the rule of law by inappropriately triggering its dispute mechanism, all but ensuring the agreement’s demise. On January 5, 2020, Tehran announced that it would no longer comply with its obligations under the Iran nuclear agreement, officially known as the Joint Comprehensive Program of Action (JCPOA). Iran’s actions are in [...]
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US Sanctions Against Nord Stream 2 ‘Unacceptable’, Austrian Foreign Minister Says
In December, US President Donald Trump signed the National Defence Authorization Act for Fiscal Year 2020, which, among other things, stipulates sanctions against the Nord Stream 2 gas pipeline. The US also threatened to sanction any company or individual involved in providing services on the project. Austrian Foreign Minister Alexander Schallenberg has lashed out at the US over its push for sanct [...]
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US Media Reveals Putin’s ‘Most Remarkable’ Achievement in 20 Years
During the 19 December end-of-the-year press conference, President Vladimir Putin specifically underscored Moscow’s assertiveness in the face of the West’s ongoing sanctions pressure against Russia, saying that the country’s “economy has adapted to foreign shocks”. [...]
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Egypt Puts Itself at Risk of US Sanctions by Purchasing Russian Figher Jets, American Official Says
Russia intends to start deliveries of nearly two dozen Su-35E air superiority fighter planes to Egypt between 2020-2021 in a deal worth the equivalent of over $2 billion. US officials have repeatedly warned that the deliveries could lead to sanctions against Cairo. Egypt's decision to purchase Russian-made fighter aircraft may result in sanctions and a halt in the delivery of US military equipment [...]
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Europe must wean itself off US ‘dictate’ or it will ‘lose’, Iran supreme leader’s adviser tells RT
Europe’s total dependence on Washington would lead it nowhere other than to its own demise, a senior adviser to Iran’s Supreme Leader Ali Khamenei has alleged, calling on Europeans to break free from America’s grip. Europe is a major political force on the international arena, yet it prefers to “quietly follow the policy imposed” by Washington, Ali Akbar Velayati told RT Arabic. [...]
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Timeline of US’s Nord Stream 2 Sanctions Screw-up: Why Russia, Germany Will Come Out Stronger
On Friday, US President Donald Trump signed the FY2020 National Defence Authorisation Act into law, with its provisions including sanctions against the Nord Stream 2 gas pipeline project. A day later, the Treasury confirmed that the restrictions had snapped into place. [...]
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Turkish MP on US Senate Turkey Sanctions Bill: ‘This is an Irresponsible Move’
Turkish President Recep Tayyip Erdogan has threatened to close US and NATO military bases in Turkey after the US Senate Foreign Relations Committee, on Wednesday, approved a bill imposing sanctions on Ankara after its offensive in Syria and purchase of Russian S-400 missile systems. 'If necessary, we can close Incirlik, and we can close Kurecik", Erdogan told Turkish channel Haber TV on Sunday. [...]
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Nord Stream 2 Sanctions Reflect How US, Despite $22 Trillion Debt, Prevents Others From Developing
Earlier US President Donald Trump enacted the $738 billion National Defence Authorization Act (NDAA), a military budget package for the coming year that includes sanctions against the Nord Stream 2 gas pipeline. Russian Foreign Ministry spokeswoman Maria Zakharova commented on new US sanctions against the Nord Stream-2 and Turkish Stream pipelines, saying that the state, with its historically unpr [...]
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Big bully at work: Firm laying Nord Stream 2 pipeline halts all ‘activities’ faced with ‘crushing sanctions’ by US
Allseas, a Swiss-Dutch company laying the Nord Stream 2 pipeline off the Danish coast, has announced it is suspending its work and will pull out of the project after being faced with an avalanche of sanctions by the US. The company, which operates two vessels installing deep-sea pipes for Nord Stream 2 on the bottom of the Baltic Sea, released its statement just before US President Donald Trump si [...]
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Germany ‘won’t back down’ under threat of US sanctions over Nord Stream 2 pipeline with Russia – Merkel
Chancellor Angela Merkel has insisted that Berlin will not give into pressure from Washington after the US Senate approved a bill sanctioning German companies working on a pipeline that will deliver natural gas from Russia. During Wednesday’s Q&A session in parliament, lawmakers asked Merkel about the possibility of the US slapping sanctions on German companies building the Nord Stream 2 pip [...]
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