China imposes sanctions on US that reminds red lines
The Chinese Foreign Ministry has imposed counter-sanctions on seven US military companies and related senior executives due to recent military aid and arms sales to Taiwan. China said in a statement that the US actions seriously violate the one-China principle and three China-US joint declarations, interfere in China’s internal affairs, and undermine China’s sovereignty and […]
US imposes sanctions on Georgian Dream party founder
The US said in a statement regarding the sanctions decision that Bidzina Ivanishvili, the founder and honorary chairman of the Georgian Dream party, has undermined the democratic and European future. “The US is imposing sanctions on Bidzina Grigoris Dze Ivanishvili, the founder and honorary chairman of Georgian Dream. His actions have enabled human rights violations […]
Treasury announces new US sanctions on North Korea and Russia
The United States has hit North Korea and Russia with new sanctions targeting Pyongyang’s financial and military support for Moscow as well as its ballistic missile programme. The sanctions, which cover North Korean banks, generals and other officials, as well as Russian oil shipping companies, are the latest US measure aimed at cutting North Korea’s […]
US sanctions Chinese cyber security company
The United States sanctioned Chengdu-based cybersecurity company Sichuan Silence Information Technology Company, Limited (Sichuan Silence) and one of its employees, Guan Tianfeng (Guan), for their role in compromising tens of thousands of firewalls worldwide, including firewalls at US critical infrastructure companies. Simultaneously, the US State Department announced a Reward for Justice offer of up to […]
US sanctions 5 individuals and 4 organizations over Russia
The United States has sanctioned five individuals and four entities linked to the TGR Group, a vast international network that circumvented sanctions on behalf of Russian elites. According to the official statement, this step is being taken in coordination with the UK National Crime Agency, as well as the US Drug Enforcement Administration and the […]
China sanctions 13 US firms over Taiwan
China has sanctioned at least 13 American defense firms and six executives over arms sales to Taiwan, which Beijing considers a ‘breakaway province’. Foreign Ministry spokesman Lin Jian said, “Taiwan independence and peace in the Taiwan Straits are fundamentally incompatible. The US insistence on using force to support Taiwan’s independence cannot change China’s firm determination […]
Trump may target Iraq’s oil sector to counter Iranian influence
US President-elect Donald Trump’s planned maximum sanctions against Iran could extend to neighbouring Iraq, targeting OPEC’s second largest crude oil producer and a known hotbed of oil smuggling, according to three sources familiar with the talks. According to S&P Global Commodity Insights, the imposition of secondary sanctions on Baghdad, similar to the US sanctions on […]
US sanctions 21 senior Venezuelan officials over election pressure
In the US, the Joe Biden administration has sanctioned 21 Venezuelan officials for their role in the suppression of protests following the disputed presidential election in July. According to a senior representative of the administration, this group, which targeted innocent civilians for repression and retaliation, includes 15 leaders from the Bolivarian national guard, national police, […]
The US will impose sanctions on 200 more Chinese chip companies: High-bandwidth memory may also face export ban
An e-mail sent by the US Chamber of Commerce, the largest lobby group in the US, to its members, indicating that High Bandwidth Memory (HBM) exports will also be banned, caused the leak of the sanctions plan. As is well known, the US has been engaged in a chip war with China for several years […]
EU Proposes Sanctions Against Chinese Firms Helping Russia’s War Efforts
The European Union is proposing to impose sanctions on a number of Chinese companies that it alleges helped Russian companies develop drones used against Ukraine. This would require the support of 27 member states. According to documents seen by Bloomberg, the European Commission is also considering restrictions on additional Russian oil tankers to hamper Moscow’s […]