Tag Archives: sanctions

Iran says it can handle fresh sanctions amid national strike

Iran says it can handle fresh sanctions amid national strikePresident Hassan Rouhani promised Iranians on Tuesday the government would be able to handle the economic pressure of new U.S. sanctions amid a second day of demonstrations in protest at financial hardship and a weakening rial. Parts of Tehran’s Grand Bazaar were on strike for the second day running, state media reported, after traders massed outside parliament on Monday to complain about a sharp fall in the value of the national currency. Video footage posted on social media showed protesters setting fire to garbage dumpsters in Tehran streets to block riot police from attacking them.



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France calls for sanctions as Italy defiant on stranded migrant ship

France calls for sanctions as Italy defiant on stranded migrant shipEU states that refuse to accept migrants should face financial penalties, French President Emmanuel Macron said Saturday, prompting a furious response from Rome on the eve of an emergency mini-summit in Brussels about the escalating crisis dividing Europe. Macron’s comments came after Italy’s new populist government defiantly declared that its ports were closed to foreign-flagged rescue ships, after accusing fellow EU members of failing to share the burden of migrant arrivals.



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Seoul says N. Korea sanctions may be eased before full denuclearisation

Seoul says N. Korea sanctions may be eased before full denuclearisationSouth Korea said Monday that sanctions against North Korea could be eased once it takes “substantive steps towards denuclearisation”, seemingly setting the bar lower than Washington for such a move. Last week’s Singapore summit between US President Donald Trump and North Korean leader Kim Jong Un produced only a vague statement in which Kim “reaffirmed his firm and unwavering commitment to complete denuclearisation of the Korean Peninsula”. Amid fears the summit would weaken the international coalition against the North’s nuclear programme, US Secretary of State Mike Pompeo stressed after the meeting that sanctions would remain in place until North Korea’s complete denuclearisation.



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Seoul says N. Korea sanctions may be eased before full denuclearisation

Seoul says N. Korea sanctions may be eased before full denuclearisationSouth Korea said Monday that sanctions against North Korea could be eased once it takes “substantive steps towards denuclearisation”, seemingly setting the bar lower than Washington for such a move. Last week’s Singapore summit between US President Donald Trump and North Korean leader Kim Jong Un produced only a vague statement in which Kim “reaffirmed his firm and unwavering commitment to complete denuclearisation of the Korean Peninsula”. Amid fears the summit would weaken the international coalition against the North’s nuclear programme, US Secretary of State Mike Pompeo stressed after the meeting that sanctions would remain in place until North Korea’s complete denuclearisation.



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West Bank Palestinians urge Abbas to ease sanctions on Gaza Strip

West Bank Palestinians urge Abbas to ease sanctions on Gaza StripBy Ali Sawafta and Nidal al-Mughrabi RAMALLAH/GAZA (Reuters) – Palestinian security forces on Wednesday used tear gas and batons against protesters calling on President Mahmoud Abbas to end financial sanctions on their fellow Palestinians in Gaza. Hundreds of protesters in the West Bank city of Ramallah faced down forces loyal to Abbas, who had banned such rallies earlier in the day. Abbas’s Western-backed Palestinian Authority (PA) has sought to use financial measures to isolate its chief rival Hamas, the Islamist movement which controls Gaza.



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John Bolton threatens sanctions for European companies operating in Iran

John Bolton threatens sanctions for European companies operating in IranJohn Bolton, Donald Trump’s hawkish National Security Adviser, on Sunday warned European companies they would face sanctions if they continued working in Iran, raising the prospect of a transatlantic rift over how to handle Tehran. However, at the same time, Mike Pompeo, the Secretary of State, said he was hopeful Washington could still strike a new nuclear deal with Europe. The diverging tones suggest splits within the administration about how to work with the international community in reining in Iran’s military and territorial ambitions. For its part, Iran at the weekend launched a diplomatic effort to keep the deal alive. President Hassan Rouhani said: “If the remaining five countries continue to abide by the agreement, Iran will remain in the deal despite the will of America.” Theresa May spoke with Mr Rouhani on Sunday afternoon to reiterate the UK's position of upholding the nuclear deal, Downing Street confirmed on Sunday night. “She said it is in both the UK and Iran’s national security interests to maintain the deal and welcomed President Rouhani’s public commitment to abide by its terms, adding that it is essential that Iran continues to meet its obligations," a No 10 spokesperson said. The US decision to withdraw from the Iran nuclear deal last week has angered European leaders, risking a transatlantic rift as they consider protecting companies against American sanctions. Mr Bolton said sanctions on European companies were “possible”. “I think the Europeans will see that it's in their interest ultimately to come along with us,” he told CNN. Iran nuclear deal | Related content But speaking on Fox News Sunday, Mr Pompeo offered more conciliatory language and insisted the decision to withdraw had not been aimed at the UK or the European Union. “I'm hopeful in the days and weeks ahead we can come up with a deal that really works, that really protects the world from Iranian bad behaviour, not just their nuclear programme, but their missiles and their malign behaviour as well," he said. In announcing his decision to withdraw, Mr Trump was making good on a campaign promise. He and American officials have long expressed concern that the nuclear deal did nothing to stem Iranian missile tests or thwart its activities supporting militias or proxies throughout the Middle East. Javad Zarif in Beijing as he attempts to shore up what is left of the nuclear deal Credit: Reuters For its part, Tehran has launched a diplomatic effort to keep the deal together. Javad Zarif, the foreign minister, has embarked on a tour of signatories aimed at persuading them to help protect Iran from US sanctions. After meeting his counterpart in Beijing, Mr Zarif said on Sunday: “We hope that with this visit to China and other countries we will be able to construct a clear future design for the comprehensive agreement.”



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John Bolton: Trump Sanctions On European Companies "Possible" Over Iran

John Bolton: Trump Sanctions On European Companies "Possible" Over IranWASHINGTON ― White House national security adviser John Bolton warned on



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China's ZTE says US sanctions have crippled operations

China's ZTE says US sanctions have crippled operationsChinese telecom giant ZTE said its major operations had “ceased” following last month’s US ban on American sales of critical technology to the company, raising the possibility of its collapse. ZTE, which makes telecoms equipment and handsets, is still “actively communicating” with the US side “to facilitate the modification or reversal” of the ban and “forge a positive outcome”, the filing said. US officials imposed the seven-year ban last month after ZTE allegedly made false statements regarding its settlement of a case involving the illegal sale of goods to Iran and North Korea.



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Explainer: If Trump revives Iran sanctions, they'll take time to come back

Explainer: If Trump revives Iran sanctions, they'll take time to come backBy Arshad Mohammed WASHINGTON (Reuters) – Reports of the Iran nuclear deal’s imminent demise might just be premature. President Donald Trump will decide by May 12 whether to restore U.S. economic sanctions on Tehran, which would be a severe blow to the 2015 pact between Iran and six major powers. Under the deal, Tehran agreed to curb its nuclear program in return for relief from economic sanctions.



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Trump squirming over Russia sanctions ties White House in knots

Trump squirming over Russia sanctions ties White House in knotsCarol Leonnig, national investigative reporter for The Washington Post, talks with Rachel Maddow about Donald Trump's panicked concern about appearing to sanction Russia more than other countries and turning back his own.



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