About: US sanctions

Global Europe 05-11-2019

Awaiting IAEA report, EU admits preserving Iran nuclear deal ‘increasingly difficult’

President Hassan Rouhani said Tuesday (5 November) that Iran would resume uranium enrichment at an underground plant south of Tehran in its latest step back from a troubled 2015 agreement with major powers.
Global Europe 15-10-2019

VW puts on hold plan for €1 bln car factory in Turkey over Syria incursion

Volkswagen has postponed the decision on opening a new car factory in Turkey against the background of the Turkish military offensive in Syria. "The final decision for the new plant was postponed by the Board of Management of Volkswagen AG," a company spokesman said on Tuesday (15 October), confirming media reports.
Global Europe 15-10-2019

Russia-backed Syrian army sweeps in to fill US-left vacuum

Russia-backed Syrian forces took rapid advantage of an abrupt US retreat from Syria on Monday (14 October), deploying deep inside Kurdish-held territory south of the Turkish frontier less than 24 hours after Washington announced a full withdrawal.
Global Europe 14-10-2019

Trump prepares to drop sanctions hammer on Turkey

President Donald Trump’s administration is set to impose economic sanctions on Ankara, potentially as early as this week, for its incursion into northern Syria, one of the few levers the United States still has over NATO-ally Turkey.
Global Europe 01-10-2019

France offers a conference on Sudan’s debt if US lifts sanctions

France will host a conference with Sudan's international creditors to help Khartoum address debt issues as soon as the United States removes the country from its state-sponsored terrorism list, French President Emmanuel Macron said on Monday (30 September).
Global Europe 13-09-2019

Cubans fear return to 90s austerity amid cuts

Havana awoke Thursday (12 September) to long lines at gas stations and public transportation stops after President Miguel Díaz-Canel warned fellow Cubans to expect fuel shortages and blackouts that he blamed on US sanctions.
Global Europe 09-09-2019

Iran slams European powers as nuclear deal unravels

Iran's atomic agency chief hit out Sunday (8 September) at European powers, saying their broken promises gave the Islamic republic little choice but to scale back its commitments under a nuclear deal.
Global Europe 27-08-2019

Trump ready to meet Iranian president in potential breakthrough

US President Donald Trump said Monday (26 August) at the G7 summit that he is prepared to meet his Iranian counterpart within weeks in what would amount to a stunning change of direction in the two countries' smouldering standoff.
Global Europe 31-07-2019

Germany ‘very sceptical’ about US mission for Strait of Hormuz

Germany's Vice Chancellor and Finance Minister Olaf Scholz said on Wednesday (31 July) he was very sceptical about a request by the United States to join a military mission for the Strait of Hormuz.
Global Europe 10-05-2019

Mogherini puts hopes in China and India to save Iran deal

The European Union will defend the Iran nuclear accord despite Tehran's decision to backtrack on its commitments in response to US sanctions, diplomats believe, but European powers expect it to collapse without a deal to sell Iranian oil to China or India.

US deploying carrier, bombers to Middle East to deter Iran

The Trump administration is deploying a carrier strike group and bombers to the Middle East in response to troubling "indications and warnings" from Iran and to show the United States will retaliate with "unrelenting force" to any attack, national security adviser John Bolton said on Sunday (5 May).
Global Europe 12-04-2019

Russia cashes in as European oil refiners pay for US sanctions

European refiners are paying the price for US oil sanctions on Venezuela and Iran as they scramble to replace the sour crude Washington has blocked from the global market with increasingly expensive Russian oil, trading sources said and data showed.
Global Europe 04-03-2019

US threat looms over foreign firms trading with Cuba

US President Donald Trump's administration is brandishing the threat of sanctions against foreign companies "trafficking" with Cuba, a move hitherto mothballed by Washington so as not to offend allies.
Energy 08-02-2019

Nord Stream 2 in dire straits after French U-turn

France plans to back an EU proposal to regulate Russia's Nord Stream 2 pipeline, its foreign ministry said on Thursday (7 February), potentially threatening its completion and dealing a blow to Germany which has been trying to garner support for the project.
Global Europe 01-02-2019

Europeans open new trade channel to Iran, bypassing US sanctions

Britain, France and Germany on Thursday (31 January) launched a trade mechanism to bypass US sanctions on Iran, drawing praise from Tehran – and a warning from Washington.
Global Europe 29-01-2019

EU’s Iran payments vehicle ready – but stuck

A payment mechanism the EU hopes will save the Iran nuclear deal by bypassing US sanctions is ready, diplomats said Monday (28 January), but is held up by disagreements among European countries.
Global Europe 23-01-2019

Azov Sea blaze illustrates that US sanctions work

Two ships ablaze in the Black Sea region, leaving at least 10 crew members dead, caught fire while transferring fuel mid-sea after one vessel was barred from using its usual port in southern Russia due to US sanctions risk, two sources told Reuters.
Global Europe 17-01-2019

US discourages foreign companies from doing business in Cuba

US Secretary of State Mike Pompeo warned foreign businesses Wednesday (16 January) to steer clear of formerly private properties seized by Cuba -- and said he was considering allowing lawsuits over such assets in US courts.
Global Europe 14-01-2019

Trump threatens Turkey with economic devastation if it attacks Syrian Kurd militia

President Donald Trump threatened Turkey with economic devastation if it attacks a US-allied Kurdish militia in Syria, weakening Turkey's currency and prompting sharp criticism from Ankara on Monday (13 January).
Global Europe 14-01-2019

US threatens EU companies with sanctions over Nord Steam 2, Turkish Stream

A transatlantic tiff over Europe’s natural gas supply came to the boil on Sunday (13 January), as Donald Trump’s ambassador to Germany threatened firms involved in a pipeline from Russia with sanctions. At stake is a mixture of economic and security interests...
Economy & Jobs 11-01-2019

Russia ditches dollar, opts for euro and yuan

A report by the Bank of Russia published late on Wednesday (9 January) reveals that the country dumped $101 in US holdings from its reserves, shifting into euros and yuan last spring amid a new round of US sanctions.
Global Europe 23-11-2018

Spain’s premier breaks ice in Cuba after three decades

Spanish premier Pedro Sánchez has embarked on the first official bilateral visit by a Spanish leader to Cuba in 32 years on 22-23 November, at a time when the Communist-run island is looking towards Europe as its ties with the United States fester.
Global Europe 13-11-2018

US belittles EU’s ‘special purpose vehicle’ as companies flee Iran

The United States is not too concerned by Europe's idea for a special purpose vehicle (SPV) to get around US sanctions with Iran as companies are already withdrawing from the country in droves, the senior official for financial intelligence said.
Global Europe 26-10-2018

France expels Iranian diplomat over planned terrorist attack

France has expelled an Iranian diplomat in response to a failed plot to carry out a bomb attack at a rally near Paris organised by an exiled Iranian opposition group, diplomatic and security sources say.

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