sanction
London (AFP) - The UK on Thursday joined the United States and Canada in announcing a fresh set of sanctions against Iran's drone and missile industries after its recent attack on Israel. Tehran launched its first direct military assault on Israeli territory nearly two weeks after an April 1 air strike -- widely blamed on Israel -- that killed seven members of the Islamic Revolutionary Guard Corps in Damascus. Iran's large-scale attack involved more than 300 drones and missiles, most of which were shot down by Israel and its allies including Washington and London, causing little damage. The U...
AFP
Los Angeles (AFP) - North Korean animators appear to have worked on upcoming Amazon and Max cartoons, without the knowledge of either US-based Hollywood studio and in violation of sanctions against Pyongyang, a new report has found. The respected North Korea tracking website 38 North found evidence that animators from the isolated country may have been outsourced by third parties to provide images for Amazon Prime Video series "Invincible," and the Max streaming service's superhero anime "Iyanu, Child of Wonder." Pyongyang is under multiple international sanctions over its banned nuclear weapo...
AFP
Washington (AFP) - The United States and Britain announced widespread sanctions against Iran's military drone program on Thursday, in response to its weekend attack against Israel. "Today, we are holding Iran accountable -- imposing new sanctions and export controls," US President Joe Biden said in a statement. Tehran launched its first-ever direct military attack on Israel late Saturday in retaliation for an April 1 air strike on the Iranian consulate in Damascus -- widely blamed on Israel -- that killed seven members of the Islamic Revolutionary Guard Corps, including two generals. The la...
AFP
Washington (AFP) - US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented weekend attack on Israel, saying she expects Washington will take added action "in the coming days." US authorities have been using economic tools to counter Iran's activities, taking aim at its drone and missile programs, as well as its financing of groups like Hamas. But from the weekend's attack to "the Huthi attacks in the Red Sea, Iran's actions threaten the region's stability and could cause economic spillovers," Yellen warned at a press briefing. "I fully ...
AFP
Washington (AFP) - The United States sanctioned three Israeli settlers and two farming outposts Thursday, accusing them of undermining stability in the West Bank. The move marks the second time this year that Washington has sanctioned Israeli settlers, as it looks to respond to the rise in West Bank settler violence since Hamas's attacks on southern Israel on October 7. "Today, we are taking further action to promote accountability for those perpetuating violence and causing turmoil in the West Bank," US State Department spokesman Matthew Miller said in a statement. The US Treasury Department ...
AFP
Sao Paulo (AFP) - US Treasury Secretary Janet Yellen said Tuesday it was urgent for G7 nations to jointly seize profits from frozen Russian assets and redirect them to Ukraine, as the group prepared to meet on the issue. Calls have been mounting in the United States and Europe to set up a fund for Ukraine using billions of dollars in bank accounts, investments and other assets frozen by the West over Russia's 2022 invasion. "It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine's continued resistance and long-term reconstr...
AFP
Sao Paulo (AFP) - US Treasury Secretary Janet Yellen said Tuesday it was urgent for G7 countries to jointly seize profits from frozen Russian assets and redirect them to Ukraine, as the group prepared to meet on the issue. Calls have been mounting in the United States and Europe to set up a fund for Ukraine using billions of dollars in bank accounts, investments and other assets frozen by the West over Russia's 2022 invasion. "It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine's continued resistance and long-term recons...
AFP
Washington (AFP) - US President Joe Biden announced sanctions against Russia Friday, on over 500 targets, to mark the second anniversary of Moscow's invasion of Ukraine while vowing sustained pressure to stop President Vladimir Putin's "war machine." The sanctions, described as the largest single tranche since the start of the war, also seek to impose a cost for the death last week in a Siberian prison of Putin's most vocal critic, Alexei Navalny -- with measures taken against three officials. But they stopped short of potentially game-changing moves under consideration such as funding Ukraine...
AFP
Washington (AFP) - A key US lawmaker has called on Washington to mull trade curbs on Emirati artificial intelligence firm Group 42 Holdings (G42) over its ties with China, according to a letter released Tuesday. Mike Gallagher, the Republican chair of the House Select Committee on the Chinese Communist Party, raised concerns over the firm's business links with Chinese military companies, state-owned entities and intelligence services. "G42 maintains active relationships with blacklisted entities including Huawei and Beijing Genomics Institute," said Gallagher in a letter to the Department of C...
AFP
Mexico City (AFP) - The United States and Mexico plan to form a working group on foreign investment screening to guard against national security threats, officials said Thursday, as Washington pushes to shift supply chains toward trusted partners. US Treasury Secretary Janet Yellen and Mexican Finance Minister Rogelio Ramirez de la O reached the agreement as she ends a three-day visit to Mexico City, where she also sought to further the fight against fentanyl trafficking and deepen economic ties. The working group will exchange technical knowledge and best practices, Yellen said. She drew para...
AFP
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