Tag: US sanctions

Friday, March 15th 2019 - 09:21 UTC
US considering banning Visa and Mastercard transactions in Venezuela

The United States is considering imposing financial sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday. The move, which has not been finalized, would represent another step in tightening the financial noose on the government of President Nicolas Maduro and his supporters.
Tuesday, February 26th 2019 - 10:50 UTC
US imposes more sanctions to Maduro's allies; calls on Mexico and Uruguay to recognize Guaidó as president

The United States targeted Venezuela's government with new sanctions on Monday and called on allies to freeze the assets of its state-owned oil company PDVSA after deadly violence blocked aid from reaching the crisis-hit country during the weekend.
Monday, February 18th 2019 - 10:08 UTC
Russian bank freezes Venezuela's oil company accounts, fearing US sanctions

Russian lender Gazprombank has frozen the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under US sanctions, according to Reuters.
Saturday, February 2nd 2019 - 08:58 UTC
Oil traders anticipate they will comply with US Treasury sanctions on Venezuela

U.S. sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details posted by the Treasury Department.
Friday, February 1st 2019 - 10:34 UTC
France, Germany and UK agree on new channel to trade with Iran and avert US sanctions

France, Germany and Britain have opened a new channel for non-dollar trade with Iran to avert U.S. sanctions, although diplomats say it is unlikely to allow for the big transactions that Tehran says it needs to keep a nuclear deal afloat. Washington’s major European allies opposed last year’s decision by U.S. President Donald Trump to abandon the 2015 deal, under which international sanctions on Iran were lifted in return for Tehran accepting curbs on its nuclear program.
Friday, January 18th 2019 - 09:23 UTC
US investigating China's Huawei for “stealing trade secrets” from American partners

The United States is reportedly investigating Huawei for “stealing trade secrets” from American business partners in the latest action against the Chinese technology giant. The criminal inquiry was first reported by the Wall Street Journal (WSJ).
Monday, November 5th 2018 - 08:50 UTC
Pompeo defends sanctions on Iran, “the toughest ever”, but eight countries will enjoy waivers

United States Secretary of State Mike Pompeo on Sunday defended the White House’s move last week to reimpose sanctions against Iran amid criticism from some conservatives that the action does not go far enough to cripple the country’s economy.
Wednesday, August 22nd 2018 - 08:49 UTC
Oil price war to begin: Saudi Arabia and Iran reignites the market

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.
Thursday, June 14th 2018 - 08:23 UTC
Miami media says US$ 800 million in assets of Diosdado Cabello frozen in the US, but he flatly denies the version

The U.S. government has frozen about US$ 800 million in assets from senior Venezuelan leader Diosdado Cabello Miami journalist Oscar Haza reported Tuesday during his morning radio show on Miami’s Spanish-language Zeta 92.3.
Wednesday, June 13th 2018 - 08:19 UTC
Nike leaves Iran football national team without boots fearing US sanctions

Sportswear giant Nike says it has withdrawn its supply of boots to Iranian footballers ahead of the World Cup because of new US sanctions. The decision has frustrated Iranian players and head coach Carlos Queiroz, who asked FIFA to “help” his players.