sanctions

UN Lifts Sanctions On Syria’s President Ahmed Al-Sharaa

UN Lifts Sanctions On Syria’s President Ahmed Al-Sharaa

The United Nations Security Council voted on Thursday to lift long-standing sanctions on Syrian President Ahmed al-Sharaa and Interior Minister Anas Khattab, paving the way for a major diplomatic thaw between Damascus and Washington.

The U.S.-drafted resolution passed with 14 votes in favor and one abstention from China, marking a decisive shift after more than a decade of punitive measures tied to Syria’s civil war.

The resolution comes days before President Ahmed al-Sharaa is set to meet U.S. President Donald Trump at the White House on Monday, the first such meeting between the two countries’ leaders since Syria’s political transition …

North Korea Speaks Against U.S. Sanctions Over Cybercrimes

North Korea Speaks Against U.S. Sanctions Over Cybercrimes

North Korea has condemned the latest round of United States sanctions targeting individuals and entities accused of funding its nuclear weapons program through cybercrime, calling Washington’s actions “wicked” and promising countermeasures.

The statement from North Korean Vice Foreign Minister Kim Un Chol on Thursday came two days after the U.S. Department of the Treasury sanctioned eight people and two companies allegedly linked to state-sponsored hacking and money laundering schemes.

According to the U.S. Treasury Department, North Korea’s hacking networks have stolen more than $3 billion in digital assets over the past three years, the largest amount attributed to any nation. …

How U.S. Sanctions Quietly Cripple African Economies

How U.S. Sanctions Quietly Cripple African Economies

“This investigation uncovers how restrictions designed in Washington ripple far beyond their intended targets—undermining financial systems, disrupting healthcare, dismantling trade networks, and eroding the very social fabrics of African states.”

 

By
Prof. MarkAnthony Nze
Investigative Journalist | Public Intellectual | Global Governance Analyst | Health & Social Care Expert

 

Editorial Statement

Sanctions are a weapon dressed up as diplomacy. Washington calls them “smart” and “targeted,” but in Africa their impact is anything but surgical. They bleed economies, choke small businesses, starve hospitals of medicine, and punish the powerless while leaving the powerful intact. The rhetoric of precision is a

FG Threatens Serious Sanctions On CCECC Over Rail Project

FG Threatens Serious Sanctions On CCECC Over Rail Project

The Federal Government of Nigeria has threatened to impose serious sanctions on a Chinese construction firm, China Civil Engineering Construction Corporation, over its alleged failure to meet up with the contract of providing 85 percent of rail project cost.

The Minister of Transportation, Mu’azu Sambo, made this known on Saturday in Lagos during the inspection of the Lekki Deep Seaport.

According to Sambo, the projects are the Kano-Kaduna and the Maiduguri-Port Harcourt rail lines.

The minister said he gave the construction firm till October 30th to comply.

“The CCECC has not brought anything to the table, I gave them a …

War Russia Blacklists 43 Canadians, Canada Fires Back

War: Russia Blacklists 43 Canadians, Canada Fires Back

Russia yesterday announced a ban on 43 more Canadians from entering its territory, in response to sanctions imposed by Ottawa over Moscow’s offensive in Ukraine.

Then, Canada retaliated by imposing further penalties on six Russian nationals as well as 46 businesses involved in the nation’s defence industry.

Both Mark Carney, the former governor of the British and Canadian central banks, and Suzanne Cowan, the head of Prime Minister Justin Trudeau’s Liberal Party, are named on the latest blacklist released by the Russian foreign ministry.

Additionally penalised are senior government employees, political advisors, and members of civil society.

Read Also: Outrage

War Zelensky Slams Israel Over Refusal To Sanction Russia

War: Zelensky Slams Israel Over Refusal To Sanction Russia

The president of Ukraine Volodymyr Zelenskyy on Thursday intensified his condemnation of Israel during the Jewish leader’s speech at the Hebrew University of Jerusalem.

A new political crisis in Israel means that Naftali Bennett will probably be replaced as prime minister by Foreign Minister Yair Lapid within days of Zelensky’s address, which comes four months into Russia’s war on Ukraine.

While his administration has not placed sanctions on the administration of Russian President Vladimir Putin, Bennett has refrained from criticising Russia’s incursion and emphasised Israel’s close connections with Moscow and Kyiv.

Days after the February 24 invasion, Lapid condemned Russia’s …

War Heavy Sanctions Against Russia Harming Us - Germany

War: Heavy Sanctions Against Russia Harming Us – Germany

Olaf Scholz, the chancellor of Germany has claimed that sanctions imposed by the west on Russia were harming his nation and its allies.

However, he insisted that since freedom, democracy, and solidarity with friends and partners come at a cost, Europe and its allies would have to pay the price.

He promised that Germany will continue to support Ukraine during a speech at the Annual meeting of the Federation of German Industries on Tuesday, as reported by CNN.

Read Also: Majority Of China’s Oil Come From Russian Reserves – Report

‘Unprecedentedly tough sanctions’ were imposed on Russia. ‘These sanctions do …

UK Freezes Assets Of Abramovich, Six Others

UK Freezes Assets Of Abramovich, Six Others

Chelsea Football Club owner Roman Abramovich has been hit with an assets freeze and travel ban as part of new UK government’s new sanctions which targeted seven Russian oligarchs.

Africa Daily News, New York reports that among others sanctioned are leading industrialist Oleg Deripaska, Rosneft chief executive Igor Sechin and the head of Gazprom Alexey Miller, the government announced on Thursday.

end of list

Over the last couple of weeks, there has been a lot of speculations over Abramovich with some wondering whether he would be included in the targeted action against Russian billionaires perceived to be close to the …

Chelsea Owner, Abramovich Hands Over Club To ‘Trustees’

Chelsea Owner, Abramovich Hands Over Club To ‘Trustees’

Chelsea Football Club owner, Roman Abramovich on Saturday handed over the affairs of the club to trustees of Chelsea’s charitable Foundation following last week’s Russian invasion of Ukraine which has drawn heavy European sanctions.

The UK had on Thursday began issuing heavy sanctions against Russian entities after the invasion of Ukraine.

Mr Abramovich is a Russian oligarch, one of the groups targeted by western sanctions.

There had been uncertainty over Mr Abramovich’s continued control of one of the UK’s most successful clubs amid the crisis.

‘During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as

US Sanctions Won’t Create Leverage In Nuclear Talks – Iran

Iran and the United States exchanged strong words on Tuesday after the Biden administration imposed fresh sanctions on Iranian entities and officials, with Tehran warning Washington that the measures would not ‘create leverage’ in the ongoing nuclear deal talks.

The US Treasury Department blacklisted the Special Units of Iran’s Law Enforcement Forces and Counter-Terror Special Forces and several officials linked to the agencies, accusing them of human rights abuses.

Iranian Foreign Ministry spokesman Saeed Khatibzadeh rebuked Washington for announcing the sanctions while the two countries are engaging in indirect talks to revive a multilateral 2015 nuclear deal.

Read Also: Biden

Iran Unveils Budget Of ‘Resistance’ Against US Sanctions

Iran’s President Hassan Rouhani on Sunday presented to parliament what he called a “budget of resistance” against crippling sanctions imposed by arch-enemy the United States.

“Next year, similar to the current year, our budget is a budget of resistance and perseverance against sanctions,” Rouhani told parliament in remarks broadcast on state radio.

“This budget announces to the world that despite sanctions we will manage the country, especially in terms of oil,” he added.

Read Also: PG&E Agrees To $13.5 Billion Payout For California Fires

The budget for the financial year starting late March 2020 comes after fuel price hikes that …

WTO Panel: China May Levy Over $3bn In US Trade Sanctions

WTO Panel: China May Levy Over $3bn In US Trade Sanctions

A World Trade Organization (WTO) panel said on Friday that China is entitled to slap compensatory sanctions on United States imports worth $3.579bn annually.

The decision stems from the US failure to remove anti-dumping duties, but the monetary value is roughly half the total amount that China had sought.

The ruling came as the world’s two biggest economies try to clinch phase one of a trade deal.

US President Donald Trump and his negotiators are “very optimistic” about concluding it, White House adviser Larry Kudlow has said.

With the WTO announcement, a three-member WTO arbitration panel said Chinese exporters suffered