Friday, 10 April 2020

Tag Archives: sanctions

Standard Chartered faces fine for sanctions breaches

LONDON: Banking group Standard Chartered (STAN.L) is facing a fine for failing to prevent sanctions breaches, Sky News reported. Britain s Office of Financial Sanctions Implementation, which includes police and intelligence officers as well as finance ministry officials, has notified the lender that it aims to impose a penalty of ...

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US imposes sanctions on Iranian Foreign Minister Zarif

WASHINGTON: Mohammad Javad Zarif, with a senior official saying that Washington would not consider him a primary point of contact if it were to negotiate a new nuclear deal with Tehran. Iranian President Hassan Rouhani has ridiculed the United States for its “childish” sanctions on the country’s Foreign Minister Javad Zarif following ...

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Iran FM at UN accuses US of ‘economic terrorism’

UNITED NATIONS: Iran´s foreign minister renewed accusations that the United States was waging “economic terrorism,” on a visit to the United Nations during which Washington has sharply curtailed his movements. After months of soaring tensions, Foreign Minister Mohammad Javad Zarif came to New York for a UN session on sustainable ...

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Chinese court bans iPhone sales in patent dispute

BEIJING/WASHINGTON: A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between US chipmaker Qualcomm and Apple, according to a Qualcomm statement. The statement said the Fuzhou Intermediate People’s Court had granted Qualcomm’s request for two preliminary injunctions against four subsidiaries of Apple, ordering ...

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Trump aides caught in web of deception over Russia contacts

WASHINGTON-AP: One lied about his knowledge of Russian-hacked emails, another about a Russian real estate deal, a third about dialogue over sanctions with a Russian ambassador. A pattern of deception by advisers to President Donald Trump, aimed at covering up Russia-related contacts during the 2016 campaign and transition period, has ...

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United States imposes ‘toughest ever’ sanctions on Iran

WASHINGTON DC: The United States is reimposing punitive measures targeting the Iranian oil and financial sectors in what US Secretary of State Mike Pompeo called “the toughest sanctions ever placed” against Iran. Taking effect Monday, the measures are the most concrete result yet of US President Donald Trump’s controversial decision in ...

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Australia hits five Myanmar generals with sanctions

SYDNEY: Australia’s government unveiled sanctions against five officers in Myanmar’s powerful military who are accused of overseeing barbaric violence against members of the Rohingya ethnic group. Following similar actions by the United States and the European Union, Australia announced it would freeze the assets of officers including a Lieutenant General ...

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ICC to tighten sanctions on leagues

DUBAI: World cricket’s governing body will discuss ways to tighten up how various Twenty20 and T10 leagues are sanctioned in the future when it meets next week, a top official said. Since the inception of a lucrative Indian Premier League, many ICC member countries have launched their own leagues in ...

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US, Russia clash at UN over North Korea sanctions

NEW YORK: The United States accused Russia of “cheating” on UN sanctions against North Korea with plans for a railway project, oil transfers and ongoing business dealings with Pyongyang. Russia shot back and charged that Washington was blocking steps to foster cooperation between North and South Korea and using a ...

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Trump trade rows are ‘destroying’ growth, says German minister

BERLIN: Germany’s economy minister on Sunday lashed out at US President Donald Trump, slamming his global trade rows and efforts to “dictate” Europe’s dealings with Iran through renewed US sanctions. In an interview with German weekly Bild am Sonntag, Peter Altmaier warned of the damaging consequences of a full-blown US-China ...

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