SANCTIONS

  • G7 leaders warn Russia of more sanctions September 26, 2014

    United Nations: Leaders of the world's most developed economies on Friday warned Russia of more sanctions unless all fighting stops in Ukraine and vowed to stand by the war-torn country as winter approaches. "Sanctions are not an end in themselves; they can only be rolled back when Russia meets its commitments...
  • 16 names added to UN's al-Qaida sanctions list September 24, 2014

    United Nations: A UN Security Council committee has added 16 names to its al-Qaida sanctions list, including one with ties to the Islamic State group. Additions came after the council approved a resolution expanding the list's scope to include people affiliated with the extremist group that has taken over a...
  • US intensifies sanctions on Russia over Ukraine September 13, 2014

    Washington: The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for its intervention in Ukraine. The sanctions, coordinated with similar European Union steps, were triggered by what the West sees...
  • EU agrees to introduce new sanctions on Russia September 11, 2014

    Brussels: The European Union has decided to slap new economic sanctions on Russia over its actions in Ukraine, diplomats said on Thursday. The sanctions will further curb access to European capital markets for Russian firms and banks, limit exports of certain hightechnology goods and target several officials with travel bans and...
  • EU to unveil new Russia sanctions as Ukraine truce teeters September 8, 2014

    Mariupol (Ukraine): Ukraine accused proRussian rebels of waging fresh attacks in the restive east on Monday, further imperilling a fragile truce as EU leaders prepared to approve punishing new sanctions on Moscow. Russia warned it would retaliate against the new measures, which the EU has nevertheless said could be suspended if...
  • Russia vows to react to new European Union sanctions September 6, 2014

    Moscow: Russia will "certainly" react if the European Union (EU) imposes new sanctions against it for allegedly "destabilising eastern Ukraine", Russia's foreign ministry said on Saturday. The EU on Friday expressed its intention to formally adopt a new package of restrictive measures Monday against Russia, Xinhua reported. The statement also said the...
  • G7 warns Russia, faces more sanctions July 31, 2014

    London: The G7 leaders in a joint statement on Wednesday said Russia will face further economic sanctions if it continued to support rebels in Ukraine. The warning came after the EU added eight more Russians to its sanctions. The G7 nations of economic powers, comprising the US, Canada, France, Germany, Italy, Japan...
  • European Union expands sanctions on Syria July 22, 2014

    Brussels: European Union foreign ministers agreed on Tuesday to expand sanctions on Syria over the government's "violent repression" of its civilian population. The ministers added three people and nine entities to the current list of those subject to an asset freeze and a ban on entering the EU, a statement said. They...
  • European Union names latest Ukraine sanctions targets July 12, 2014

    Brussels: The European Union said on Saturday that it has extended sanctions to cover 11 leaders of the proMoscow rebellion in eastern Ukraine. ProRussian rebels in the east have declared independence and have been fighting government troops, leaving more than 400 dead. Tens of thousands have fled their homes. Targets...
  • US warns of more sanctions against Russia July 10, 2014

    Washington: The Obama administration on Wednesday threatened to slap additional sanctions against Russia "very soon", should Moscow fail to "change course" in eastern Ukraine. "We're ready to impose more costs, including targeted sector specific sanctions, very soon if Russia does not decisively change course and break its support for separatists,"...
  • Delhi government sanctions 10 school building projects July 2, 2014

    New Delhi: Delhi Government has sanctioned 10 senior secondary school building projects at various locations in Delhi, construction work of which will start within two months time. "The entire project will cost Rs 174 crore approximately and tender for these projects have been initiated. The work at site shall start...
  • New sanctions on Russia could impact growth: Economy minister June 28, 2014

    Moscow: A new round of Western sanctions on Russia over the crisis in Ukraine could seriously impact its already stalled economy, Economy Minister Alexei Ulyukayev said on Saturday. The minister said Russia has prepared for three possible scenarios in the event of tougher economic sanctions. The less severe one presumes...
  • Officials: Sanctions on Russia could be delayed June 25, 2014

    Washington: Sanctions aimed at key economic sectors in Russia because of its threatening moves in Ukraine might be delayed because of positive signals from Russian President Vladimir Putin, according to Obama administration officials. The United States and its European allies were finalising a package of sanctions with the goal of...
  • Obama suspends Iran oil sanctions for six months June 5, 2014

    Washington: With Iran complying the commitment on its controversial nuclear weapons programme, the US President Barack Obama has suspended his action on Iranian oil sanctions for the next six months. Even though there is enough oil in the international market for countries like India and China to reduce their dependence on...
  • Nigerian group calls for UN sanctions on militants May 11, 2014

    Lagos: The UN Security Council must impose sanctions on the Islamic extremists that abducted more than 300 schoolgirls, a leading Nigerian rights group said on Sunday, adding that expressions of concern and condemnation are not enough. The call comes as more experts are expected in Nigeria to help in the search,...
  • Putin formally gets Crimea; Ukraine, EU sign deal March 21, 2014

    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 contain...
  • After EU, US also announces sanctions against Russian officials March 17, 2014

    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 sanctions...
  • Tension escalates in Ukraine as EU imposes travel ban and asset freeze on Russians March 17, 2014

    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 in...
  • Army gets final nod for raising corps along China border November 19, 2013

    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, will...
  • India looks to cut oil bill by $25 billion by importing more from Iran September 23, 2013

    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 higher...
  • India seeks to pay Iran oil bill fully in rupees September 12, 2013

    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 western...
  • Zimbabwean President threatens British, US firms over Western sanctions August 26, 2013

    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 July...
  • North Korea objects to sanctions ban on ski resort equipment August 25, 2013

    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 to...
  • Iran, US signal will to engage as new president sworn in August 5, 2013

    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 rivals...
  • India now Nigeria's biggest crude oil buyer July 15, 2013

    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 will...
  • Iran: Rouhani hints will balance hardline, reformist demands June 30, 2013

    Dubai: Iran's presidentelect 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 June 22, 2013

    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 against...
  • For the first time US slaps sanction on Iran's currency June 4, 2013

    Washington: The US has slapped new sanctions on Iran for the third time in a week, targetting the country's alreadydevalued 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 penalties...
  • North Korea sends top official to China May 22, 2013

    Seoul: North Korea sent one of its top military officials to Beijing on Wednesday as a "special envoy" of its leader Kim Jongun, state news agency KCNA reported. There were few details of Choe Ryonghae's visit, which came amid strained relations between China and North Korea after Beijing backed UN...
  • North Korea seen readying for fourth nuclear test April 8, 2013

    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 it...