by WorldTribune Staff, March 12, 2020 The U.S. Treasury Department is working with the International Monetary Fund (IMF) and the World Bank to ensure that funds from the IMF and World Bank aren’t used to pay off debts which nations have incurred due to China’s Belt and Road infrastructure initiative, Treasury Secretary Steven Mnuchin said […]
by WorldTribune Staff, October 31, 2019 The United States and six of its Gulf allies on Oct. 30 announced sanctions on 25 entities linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) and Lebanon-based Iranian terror proxy Hizbullah. The sanctions were set by Riyadh-based Terrorist Financing Targeting Center (TFTC), a two-year-old group that includes Saudi Arabia, […]
by WorldTribune Staff, September 6, 2019 As the United States ramped up its “maximum pressure” campaign against Iran via energy sector sanctions, Russia said it was considering offering a $10 billion lifeline to Teheran’s vital oil industry. The U.S. Treasury Department on Sept. 4 announced sanctions on 25 Iranian entities and 11 vessels while offering […]
FPI / June 16, 2019 Geostrategy-Direct.com Only months after the signing of the 2015 Iran nuclear deal, British security forces found several Hizbullah weapons caches which held thousands of explosives in northwest London. The discovery was kept “hidden from the public” so as not to “raise eyebrows,” the Daily Telegraph reported on June 10. Meanwhile, […]
by WorldTribune Staff, March 22, 2019 The United States on March 21 imposed new sanctions on two Chinese shipping companies which the U.S. Treasury Department said helped North Korea evade sanctions. But on Friday, President Donald Trump in a tweet walked back the decision after North Korea removed its representatives from the inter-Korean liaison office […]
by WorldTribune Staff, October 22, 2018 The U.S. Treasury Department said it has notified South Korean banks that “UN and U.S. sanctions on North Korea remain valid” after media reports surfaced saying the South was planning renewed financial cooperation with the North. A document drafted by South Korea’s Financial Services Commission (FSC) that was released […]
by WorldTribune Staff, October 5, 2018 The United States has sanctioned a Turkish company which attempted to sell weapons and luxury goods to North Korea, the U.S. Treasury Department said on Oct. 4. Sanctions were imposed on SIA Falcon International Group along with its CEO and general manager and a North Korean diplomat for breaching […]
by WorldTribune Staff, August 16, 2018 The U.S. Treasury Department on Aug. 15 announced new sanctions on a Russian port service agency which aided North Korean ships and a Chinese firm and its Singapore affiliate which sold alcohol and tobacco products to Pyongyang in breach of current U.S. sanctions. Russian-based Profinet Pte Ltd and its […]
by WorldTribune Staff, September 21, 2017 U.S. President Donald Trump on Sept. 21 signed an executive order that he said would “cut off sources of revenue” that fund North Korea’s nuclear weapons program. At a press conference, Trump said the new order enhances the Treasury Department’s authority to “target any individual or entity that conducts […]
by WorldTribune Staff, August 7, 2016 U.S. policy has always strictly prohibited the payment of a ransom to terrorists who take hostages as such a precedent encourages more terrorism. However, anti-terrorism sanctions prohibit the United States from “U.S. dollar- or other-currency denominated transactions” with Iran, a report said, meaning the Obama administration’s shipment of $400 […]
