About: US sanctions

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.
Global Europe 25-10-2018

EU mechanism for Iran trade to be symbolically ready on 4 November

A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by 4 November, when the next phase of US sanctions hit, but will not be operational until early next year, three diplomats said.
Central Asia 11-10-2018

Religious leaders raise their flags at Astana gathering

Kazakhstan got praise today (10 October) for hosting for the sixth time the Congress of the Leaders of World and Traditional Religions, which traditionally issues messages of peace, mutual respect and tolerance. A few religious leaders however defended their countries controversial policies.
Global Europe 20-09-2018

Russian oil firm seeks payments in euros amid US sanction threat

Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher US sanctions, traders who deal with the firm told Reuters.
Global Europe 24-08-2018

Air France, British Airways to end flights to Tehran

Air France and British Airways announced Thursday (23 August) that they will halt flights to Tehran next month, citing low profitability as the US reimposes sanctions on Iran.
Global Europe 23-08-2018

Defying US sanctions, EU unveils €18 million aid package for Iran

The European Commission approved an €18 million support package to Iran on Thursday (23 August) sending an important signal both to Teheran and Washington that Brussels will not back on its efforts to preserve the nuclear deal despite US sanctions.

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