Tag: sanctions
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U.S. Sanctions Network Delivering Iranian Oil to China
The U.S. Treasury announced financial sanctions on Thursday, the first under the new administration of Donald Trump, that target an "international network" accused of shipping Iranian oil to China to fund Tehran's military activities. The sanctions target the network for "facilitating ...
U.S sanctions delay Mauritania Boat Contract With Chinese Company
The Mauritanian government canceled a contract with a unit of the Chinese state-owned conglomerate Poly Group to sell patrol boats in response to mounting pressure from the United States, according to a report in Africa Intelligence. The subsidiary, Poly Technologies, ...
FT: Ships Carrying Propellant for Iranian Ballistic Missles to Set Sail From China
Iran's beleaguered ballistic missile program will get a boost when a pair of container ships carrying more than 1,000 tonnes of sodium perchlorate, a key ingredient in missile propellant, depart from China in the coming weeks, according to a report in the Financial Times. ...
Trump Threatens 100% Tariff on BRICS Countries Over Currency Plans
President-elect Donald Trump on Sunday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the U.S. dollar. "We require a commitment... that they will neither create a new BRICS Currency, nor back any other Currency ...
Buy Now, Pay Later: Latin America Pressured by Chinese Online Shops
By Paulina Abramovich Isidora Olave opens a package containing a T-shirt, a skirt, and a handful of glitter stickers shipped to her front door in Santiago, Chile, all the way from China, almost 20,000 kilometers away.
Shanghai Cooperation Organization Decries Sanctions and Tariffs
China, Russia, and Iran’s ongoing disagreements with Western power provided the frame for this year’s heads of government meeting of the Shanghai Cooperation Organization. The ten-state Eurasian security grouping met in Islamabad, Pakistan, this week. The joint statement released at the end ...
Head of Iran’s Chamber of Commerce Pressures China to Implement Stalled Strategic Agreement
It's been four years since China and Iran signed the 25-year, $400 billion strategic cooperation agreement that has yet to get off the ground. That lack of progress in implementing the deal topped the agenda this week during a meeting between Samad ...
U.S. Sanctions Firms in China, Iran for Aiding Tehran’s UAV Program
The United States sanctioned five people and seven companies in China and Iran on Tuesday, accusing them of aiding Tehran's ballistic missile and drone programs. The U.S. Treasury Department said in a statement that the sanctions targeted individuals and companies in ...
U.S. Slaps Sanctions on Suspected Drug Cartel Money Launderers in China, Mexico
The U.S. Treasury Department on Monday imposed sanctions against three people in Mexico and China it accused of laundering money for the Sinaloa drug cartel. The sanctions targeted a Mexico-based man named Diego Acosta Ovalle, whom the Treasury accused of "hiding ...
Who Will Succeed Amidst Global Economic Fragmentation?
By Lukas Fiala It’s hard to go a day without reading about new economic security measures on either side of the Atlantic. From EU tariffs on Chinese electric vehicles to the U.S. Treasury’s sanctions on China’s dual-use trade with Russia, the ...
Zimbabwe’s Elite Share Their Views on China: What a New Survey Reveals
Across Africa, public opinion about China has been quite positive overall with favorability ratings surpassing those of other major powers, including the United States. But not in Zimbabwe, at least among the country's elites, according to a new survey.
U.S.-China Technology Competition in Africa
African telecom operators have resolutely opposed U.S. calls to stop using Chinese networking hardware. In fact, Huawei, ZTE, and other Chinese tech firms in recent years have significantly expanded their presence beyond networking to mobile money, data centers, and even new ...