Search result for SANCTIONS
As a result of North Korea's missile testing, Japan plans to increase its sanctions against the country
To further punish North Korea for its nuclear and missile programs, Japan said on Tuesday that it will be freezing the assets of five additional companies.
Since late September, North Korea has repeatedly test-fired ballistic missiles, including a launch on October 4 of a ballistic miss...
Kremlin Decides to Cut Spending by 24 Billion Euros As it Continues to Face Western Sanctions
The Kremlin is set to cut its future spending plans by 24 billion Euros as sanctions from the West continue to hit Russia. The Russian media has claimed that the country will be cutting its defense, transport, and technology budgets in the future.
Over 1.6 trillion Rubles have been redu...
A Plan for India to Protect Itself from Future Tech Sanctions
Since the nation unilaterally opted to participate in a large-scale "military operation" in Ukraine, the US and its allies have been threatening Russia with sanctions as a possible deterrent device. It has been 49 days since the invasion began, and there are few indicators that the figh...
Switzerland Adopts Latest EU Sanctions Against Russia
Keeping Switzerland aligned with the European Union measures, the Swiss government announced on Wednesday that it was adopting the latest round of the EU sanctions against Belarus and Russia as the Kremlin continues its aggression against Ukraine.
Switzerland has also approved sanctioni...
Following the EU's coal sanctions on Russia, Germany is grappling with oil and gas
For some months, several German power plant owners have been prepared for the sanctions imposed last week. They said it was due to suspected Russian behaviour.
On April 7, late in the evening, the European Union imposed the fifth package of sanctions on Russia in response to its invasio...
Digital Warfare at Sea Assisting the Enemies of the US to Evade Sanctions
Technology is now allowing ships other than the ones in the world’s militaries to hide their locations. The governments from Venezuela to Iran are benefitting from this technology as their rogue shipping companies are moving petroleum products by circumventing US sanctions.
Windwa...
Russia proposes to lift several sanctions on US, which hampered diplomatic activities
Russia offered to roll back several sanctions that have hampered the diplomatic missions, and has agreed to carry out another round of talks to resolve the diplomatic tug-of-war with the US.
Highlights
- Russia offers to remove several sanctions <...
Britain has evidences of ships breaching the UN sanctions against North Korea
Highlights
- UN has imposed several sanctions on North Korea regarding its ballistic missile program,
- Britain has evidences of multiple ships breaching the United Nations sanctions
Britain said it has evidences of multiple ships breach...
Wang Yi demands humanitarian assistance for Afghanistan, says sanction should be lifted
Highlights
- Chinese Foreign Minister demanded humanitarian assistance for Afghanistan
- He said that sanctions on Taliban should be lifted
While addressing the G20 Foreign Ministers, Wang Yi, Chinese Foreign Minister demanded human...
US sanctions Over Cryptocurrency Exchange Suex OTC
Highlights
• Hackers take down systems that control everything
• Suex OTC is a private company trading in cryptocurrency
HUAWEI LAUNCHES OPERATING SYSTEM ‘HARMONYOS 2’ FOR SMARTPHONES
Highlights –
- Huawei launches operating system ‘HarmonyOS 2’ for smartphones.
- HarmonyOS is an open-source operating system designed for various devices and scenarios.
- With the launch of the new OS, it will no longer be whol...
HUAWEI’S Q1 REVENUE FELL 16.5% TO $23.5 BILLION
Highlights –
- Huawei’s Q1 revenue fell 16.5% to $23.5 billion.
- The company attributed the decline to lower revenue for its consumer unit.
- It is struggling to hold onto its global market share after U.S. sanctions that devastated ...
HUAWEI SALES SLUMP 16.5% COURTESY OF UNITED STATES SANCTIONS
Highlights
• The Chinese tech company had sold Honor in the month of November in an attempt to revive sales by separating it from the sanctions on its parent company
• Courtesy of these sanctions, Huawei is barred from accessing to US processor chips and services whi...
US SLAPS SANCTIONS ON PAKISTANI NATIONALS, FIRM FOR HELPING RUSSIA EVADE SANCTIONS
Highlights
• The companies are Second Eye Solution (SES), also known as Forwarderz, and its three other frontals Fresh Air Farm House, Like Wise and MK said the US Department of Treasury in a statement
• The statement further said the Pakistani nationals facing sanct...
RESPONDING TO US SANCTIONS, KREMLIN TO EXPEL 10 US DIPLOMATS
Highlights
• This move will restrict and stop the activities of US non-government organizations from intervening in Russian politics said Russian Foreign Minister Sergei Lavrov
• Lavrov said Russia has a possibility to take painful measures against the American busin...
US SANCTIONS: THE REASON BEHIND GLOBAL CHIP SUPPLY CRUNCH SAYS HUAWEI
Highlights
• Huawei Technologies has said that the sanctions imposed by the US against Chinese companies have caused panic in purchasing of semiconductors and other supplies
• Xu said “Clearly the unwarranted U.S. sanctions against Huawei and other companies ar...
IRAN WANTS US TO LIFT ALL SANCTIONS & REJECTS STEP-BY-STEP LIFTING OF RESTRICTIONS
Highlights
• On Saturday, Iranian foreign ministry spokesman Saeed Khatibzadeh said Tehran has opposed to any step-by-step easing of sanctions
• A US official on Friday had said that the US and Iran will be holding indirect talks in coming week on how to return to th...
UK GOVERNMENT HITS BACK AS CHINA IMPOSED SANCTIONS ON LAWMAKERS
Highlights:
- The government of United Kingdom hits back as the government of China imposed sanctions on the lawmakers of UK
- The government has been backing up its lawmakers and others, which were sanctioned by China
On Friday, the gov...
US SANCTIONS 24 CHINESE AND HONG KONG OFFICIALS OVER HUMAN RIGHTS VIOLATION
Highlights
• These sanctions are imposed at a time when two officials of Biden administration are set to meet Chinese officials
• The State Department said foreign financial institutions that deal with the 24 officials would be subject to the US sanctions
&...
US SANCTIONS AGAINST SYRIAN UNDERMINE REGIONAL RAPPROCHEMENT EFFORTS: UAE MINISTER
Highlights
• US sanctions against the government of Syrian President Bashar Assad undermine regional rapprochement efforts that are likely to help settle the Syrian conflict said UAE minister
• The UAE foreign minister pushed for collaborative action against Syria an...