Measures and sanctions targeting Russia's economy and banking system because of its military invasion of Ukraine, are having a great impact in world trade but the situation is anticipated will be particularly worse for some Latin American countries close to Moscow and the Vladimir Putin regime.
China's foreign ministry spokesperson during the daily media conference called for an end to the Cold War mentality and emphasized that Beijing does not agree to resolve issues with sanctions that lack the basis of international law.
The US Treasury Department and the United Kingdom announced new sanctions against members of the Nicaraguan government in retaliation for the controversial presidential elections held on 7 November.
The United States sanctioned on Thursday three high ranking Cuban officials, the fourth round of punitive measures, in reply to the violent repression of anti-government protests that started on 11 July and shook the island's elite.
The United Kingdom Foreign, Commonwealth and Development Secretary announced travel bans and asset freezes for 11 Russian, Venezuelan, Gambian and Pakistani human rights violators.
The U.S. Transportation Department said on Wednesday it is denying exemptions for two charter flight companies to deliver humanitarian cargo to Cuba, the latest crackdown by the Trump administration.
An oil tanker is expected to load crude at Libya's Marsa el-Hariga terminal this week, the first since a blockade by eastern forces in January slashed the OPEC member's oil production to a trickle.
The United States said on Monday it was imposing sanctions on Iran's defense ministry and Venezuelan President Nicolas Maduro under a contested UN authority and demanded that Europe follow suit.
Venezuela President Nicolas Maduro on Monday gave the head of the European Union mission in Caracas, Isabel Brilhante Pedrosa, 72 hours to leave the country after the bloc announced sanctions against 11 Venezuelan officials.
The Mexican government’s financial crime department has frozen the bank accounts of companies and people blacklisted by the United States under accusations of having evaded the sanction regime imposed on Venezuela, its chief said on Friday.