Sanctions

  • Putin formally gets Crimea; Ukraine, EU sign deal 21-03-2014 07:42 PM

    President Vladimir Putin completed his annexation of Crimea on Friday, signing the Black Sea peninsula into Russia just as Ukraine itself sealed a deal pulling the country closer into Europe's orbit. Putin said he saw no need to further retaliate against US sanctions, a newly conciliatory tone apparently aiming to...
  • After EU, US also announces sanctions against Russian officials 17-03-2014 08:38 PM

    In the most comprehensive sanctions against Russia since the end of the Cold War, President Barack Obama on Monday froze the US assets of seven Russian officials, including top advisers to President Vladimir Putin, for their support of Crimea's vote to secede from Ukraine. The Treasury Department also is imposing...
  • Tension escalates in Ukraine as EU imposes travel ban and asset freeze on Russians 17-03-2014 08:08 PM

    Brussels: The European Union is to impose sanctions including asset freezes and travel bans on 21 officials from Russia and Ukraine after Crimea applied to join Russia on Monday following a weekend referendum, Lithuania's foreign minister said. Crimea's leaders declared a Soviet-style 97-percent result in favour of seceding from Ukraine...
  • Army gets final nod for raising corps along China border 19-11-2013 05:58 PM

    The government has given its final go ahead to the Army for raising a corps along the China border which will include the deployment of 50,000 additional troops there at a cost of around Rs 65,000 crore. The 17 Corps, the latest and the 14th such formation of the Army,...
  • India looks to cut oil bill by $25 billion by importing more from Iran 23-09-2013 07:25 PM

    India's oil ministry wants to raise imports of Iranian crude, even though US sanctions call for a cut, and has argued its case in a memorandum ahead of President Barack Obama's meeting with Prime Minister Manmohan Singh on Friday. Oil accounts for about a third of India's total imports and...
  • India seeks to pay Iran oil bill fully in rupees 12-09-2013 06:23 PM

    Keen to reduce a record current- account deficit by raising oil imports from Iran, India is seeking to restart the mechanism of paying the Persian Gulf nation entirely in rupees. Iran had in July agreed to take payments for oil it sells to India entirely in rupees after US and...
  • Zimbabwean President threatens British, US firms over Western sanctions 26-08-2013 01:09 AM

    Zimbabwean President Robert Mugabe threatened "tit-for-tat" retaliation against companies from Britain and the United States on Sunday if the Western nations persisted in pressuring his government with sanctions and what he called "harassment". Mugabe's latest verbal broadside against his main Western critics followed their questioning of his re-election in a...
  • North Korea objects to sanctions ban on ski resort equipment 25-08-2013 04:52 AM

    North Korea objected on Saturday to a ban on imports of equipment for a luxury ski resort mainly for the ruling elite, indicating toughened UN sanctions are impacting the impoverished state. Under the leadership of North Korean leader Kim Jong-un, who studied in the Swiss capital Berne and is believed...
  • Iran, US signal will to engage as new president sworn in 05-08-2013 05:22 AM

    Dubai: Iran and the United States signalled a fresh will on Sunday to seek to end the dispute over Tehran's nuclear programme after Hassan Rouhani was sworn in as president and called for dialogue to reduce "antagonism and aggression". Hopes for a diplomatic resolution increased with Rouhani's win over conservative...
  • India now Nigeria's biggest crude oil buyer 15-07-2013 02:30 PM

    Abuja: India has overtaken the US as the top buyer of Nigerian crude oil, a top Indian diplomat here has said. Indian High Commissioner to Nigeria Mahesh Sachdev said recent statistics showed that India had been buying more of Nigeria's crude than the US over the last three months. "India...
  • Iran: Rouhani hints will balance hardline, reformist demands 30-06-2013 05:30 AM

    Dubai: Iran's president-elect Hassan Rouhani said on Saturday he would appoint ministers from across its political spectrum as Iranian voters had chosen a path of moderation over extremism. His victory in the June 14 vote has lifted hopes of a thaw in Iran's antagonistic relations with the West that might...
  • North Korean UN envoy urges end to economic sanctions 22-06-2013 06:37 AM

    United Nations: North Korea's envoy to the United Nations on Friday called on the United States to lift its economic sanctions against Pyongyang and urged UN members not to follow Security Council sanctions imposed over the North's nuclear and missile tests. "I urge the United States to stop economic sanctions...
  • For the first time US slaps sanction on Iran's currency 04-06-2013 12:16 PM

    Washington: The US has slapped new sanctions on Iran for the third time in a week, targetting the country's already-devalued currency and automobile industry, as it pressured Tehran to abandon its nuclear programme. This is the first time the US has directly targeted the Iranian currency as the sanctions include...
  • North Korea sends top official to China 22-05-2013 08:59 AM

    Seoul: North Korea sent one of its top military officials to Beijing on Wednesday as a "special envoy" of its leader Kim Jong-un, state news agency KCNA reported. There were few details of Choe Ryong-hae's visit, which came amid strained relations between China and North Korea after Beijing backed UN...
  • North Korea seen readying for fourth nuclear test 08-04-2013 09:10 AM

    Seoul: Activity in North Korea appears to show it is preparing for a fourth nuclear test, with movement at its atomic test site similar to events preceding earlier blasts, a newspaper reported on Monday, quoting a senior South Korean government official. North Korea has intensified warnings in recent weeks, declaring...
  • The Last Word: Is Tamil nationalism spiraling out of control? 28-03-2013 09:54 PM

    A Tamil Nadu assembly resolution calls for the government to stop regarding Sri Lanka as a friendly state, impose economic sanctions and ask the UN to pass a resolution demanding a referendum on eelam. ...
  • UN expands sanctions on North Korea 07-03-2013 11:30 PM

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  • Iran says may stop oil sales if sanctions tighten 24-10-2012 01:04 AM

    Dubai: Iran said on Tuesday it would stop oil exports if pressure from Western sanctions got any tighter and that it had a "Plan B" contingency strategy to survive without oil revenues. Western nations led by the United States have imposed tough sanctions on the Islamic Republic this year in...
  • US in consultations with India, China on Iran 07-01-2012 09:14 AM

    Washington: The United States is in close consultations with countries like India, China and Russia on implementing sanctions against Iran, a senior US official has said. "We are in close consultation with India, with China, with Russia, with countries around the world, about strengthening their implementation of the international sanctions...