Us Sanctions

'Won’t hesitate to impose additional...': US warns Russia, North Korea of more sanctions over arms deal

"...with respect to what any outcomes might be, we have taken a number of entity – actions already to sanction entities that have brokered arms sales between North Korea and Russia, and we won’t hesitate to impose additional actions if appropriate," said State Department spokesperson Matthew Miller

US moves to advance prisoner swap deal with Iran and release $6 billion in frozen Iranian funds

The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of US sanctions

Apple stocks take a mighty tumble after China authorities banned iPhones in their offices

Apple Inc.'s stocks took a tumble earlier this week after authorities in China banned the use of iPhones for their personnel citing risks to national security. This is being seen as China take a leaf out of the US' playbook

Embarrassed by failed sanctions, US to launch investigation on how Huawei developed their own chip

Despite severe sanctions on Huawei by the US, the Chinese tech company was able to develop its own 7nm chip. Embarrassed by this breakthrough, the US Commerce Department is now planning a large scale investigation into how Huawei managed to make the new chip

‘Haven’t blocked AI Chip exports to West Asia’: US Department of Commerce

After reports surfaced that the US has blocked the sale of AI chips to countries in West Asia, the Joe Biden-led Administration has revealed that they have issued no such directives. NVIDIA and AMD both had revealed they had received directives that effectively banned such exports

Sudan warring generals agree to new 72-hour truce after fighting intensifies

Several truces have been agreed to and violated throughout the two-month conflict, notably when the US imposed sanctions on both generals after a previous attempt failed at the end of May

US blacklists flight schools across world for training Chinese pilots

The Test Flying Academy of South Africa is among the 43 other entities that have been added to an export control list by the US Department of Commerce’s Bureau of Industry and Security

Turkey's landmark elections: What’s at stake for the nation and the world?

The presidential and parliamentary elections, set for 14 May with a possible 28 May run-off, will decide not only who leads Turkey but also how it is governed, where its economy is headed, and the shape of its foreign policy

Hungary pulls out of Russia linked IIB, one day after US sanctions

Under Prime Minister Viktor Orban, who had strong connections with Russian President Vladimir Putin before the Ukraine conflict, the IIB relocated its headquarters to Budapest in 2019

US sanctions target Belarusian President Lukashenko's jet

The US Treasury, which administers sanctions, singled out Lukashenko's presidential aircraft, a Boeing 737 designated EX-001PA