About: US sanctions

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.
Energy 13-07-2018

Kremlin accuses Trump of trying to bully Europe into buying US LNG

The Kremlin yesterday (12 July) rejected US President Donald Trump's description of Germany as a "captive" of Russia due to its energy reliance, saying his statement was part of a US campaign to bully Europe into buying American energy supplies.

Empower a German ‘Iran Bank’ to save Iran’s nuclear deal

The prospect of securing major private-sector investments could offer Iran an incentive to uphold its side of the nuclear agreement despite Washington’s withdrawal. Laura von Daniels argues that a private German Iran Bank could do the trick. Dr. Laura von...
Global Europe 22-05-2018

EU energy chief courts Iran after Trump’s withdrawal from nuclear deal

Europe's energy and climate chief sought to reassure Iran's top ministers on Saturday (19 May) that the European Union wants to keep trade open despite the US withdrawal from the nuclear deal.
Europe's East 12-09-2017

Russia sanctions should be phased out if Ukraine ceasefire holds: Germany’s Gabriel

European sanctions imposed on Russia over its role in the Ukraine crisis should be phased out gradually if an internationally agreed ceasefire deal was implemented, German Foreign Minister Sigmar Gabriel said yesterday (11 September). The conflict between Ukrainian forces and...
Global Europe 22-08-2017

Putin names ‘pragmatic’ ambassador to the US, blacklisted by the EU

Russian President Vladimir Putin has named Vladimir Antonov as Russia’s next ambassador to Washington, the Kremlin announced yesterday (21 August). Antonov is a former defence official who is subject to EU sanctions over his role in the conflict in Ukraine.
Global Europe 08-08-2017

Europe keeps its distance from growing US-Russia diplomatic spat

The European Union considers the ongoing diplomatic dispute between Moscow and Washington a “bilateral issue” and is keeping its distance, a European Commission Spokesperson told EURACTIV.com.
Energy 08-08-2017

US sanctions and Nord Stream 2: Every dog has its day?

The US’ new Russia sanctions only added fuel to the EU’s divisions over how to deal with Russian energy, write Aleksandra Gawlikowska-Fyk, Bartosz Wiśniewski.

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