Canada announces sanctions against Hamas leaders
The move comes two weeks after Britain and the United States unveiled new coordinated asset freezes and travel bans on the fighters. Hamas itself, along with several linked groups, is already listed by Ottawa as a banned terrorist organization.CBUAE ‘removes’ board of directors of insurance company
Abu Dhabi, UAE--The Central Bank of the UAE (CBUAE) has removed the board of directors of an insurance company operating in the UAE and replaced it with a temporary committee of experts for six months. The central bank, however, didn't disclose the name of the insurance company, and what led...US slaps fresh sanctions on Russia, Iran for ‘hostage-taking’
The US is "showing that one cannot engage in this sort of awful behavior of using human beings as pawns, as bargaining chips, without paying consequences," said a senior US official. Both agencies have already been hit with punitive measures by the US State and Treasury Departments in the past.After Netanyahu talks, Macron warns of Iran nuclear ‘consequences’
France agrees that "firmness" is needed in dealings with Iran, a diplomatic source told earlier, saying the nuclear program had reached "a dangerous point" and highlighting Tehran's role in the Ukraine war. Siding with Ukraine is not without risk for Netanyahu, as Russian air defences deployed in neighbouring Syria could...Iran denounces EU parliament for urging sanctions on Guards
Foreign Minister Hossein Amir-Abdollahian "strongly criticized the emotional approach of the European parliament and labelled the move inappropriate and incorrect" in a telephone call with EU foreign policy chief Josep Borrell, the ministry said.EU seeks more sanctions on Iran for Russian drone supply
The EU is set to impose more sanctions on Iran for drone supplies to Russia and a crackdown on protests over the death of Mahsa Amini, European diplomats said. The new measures will target around eight individuals and organizations involved in the manufacture and delivery of drones Moscow has used...EU passes resolution to sanction Russian allies
The European Union gave itself legal authority to take action against anyone who helps Russia avoid its sanctions, the EU presidency said. It said member states agreed that violating sanctions against Russia be considered an "EU crime". This would make it easier to add individuals and entities from outside the...US warns of sanctions over Iran drone ties after Kyiv strikes
State Department spokesman Vedant Patel told reporters that Russia deepening an alliance with Iran is something the whole world, especially those in the region and across the world, frankly should be seeing as a profound threat. Ukrainian officials said that the strikes killed four people in Kyiv and knocked out...Biden has ‘no plans’ to meet Saudi Crown Prince at G20 summit: US
Stormy US-Saudi relations have seen new strain over Riyadh's recent support for oil production cuts, with Biden warning of unspecified "consequences." The move last week by OPEC+ -- composed of the Riyadh-led OPEC cartel and a group of 10 exporters headed by Russia -- would reduce global output by up...Apple App Store pulls Russian social network VKontakte
The British government on Monday sanctioned 92 Russian individuals and entities after President Vladimir Putin's regime held referendums in Moscow-controlled areas of Ukraine -- denounced by Kyiv and its allies as a "sham" -- and stepped up threats against the West. "Sham referendums held at the barrel of a gun...Last three Turkish banks to drop Russia’s Mir bank cards
The decision follows weeks of intensifying pressure from Washington for NATO member Turkey to limit its booming economic relations with Russia. The US Treasury warned last week that Turkish banks working with the Russian cards "risk supporting Russia's efforts to evade US sanctions" and could be sanctioned themselves.Euro hits 20-year low against dollar amidst economic uncertainties
The euro fell 0.70 percent to 0.9884 dollars Monday at 0535 GMT, its lowest since December 2002. The European currency has continued to weaken against the dollar since the start of the year, hammered by economic turbulence and uncertainties sparked by Russia's invasion of Ukraine.US raids properties of sanctioned Russian billionaire: media
Federal agents and local police officers were spotted carrying boxes after they left an apartment in Manhattan's lavish Park Avenue and a house in the Hamptons, an upscale vacation destination near New York City, according to the report. Both properties are linked to Vekselberg, NBC said, citing US Treasury documents.Syrian ship accused of carrying stolen Ukranian grain leaves Lebanon
The Laodicea, which was docked in the northern port of Tripoli, was cleared to leave after investigations failed to prove it carried stolen goods, officials said. It set sail at 8:00 am (0500 GMT), according to Lebanese state media, and was later reported by authorities in Damascus to have arrived...UAE’s Central Bank sanctions 6 banks operating in the country
Financial sanctions covers banks’ failures to achieve appropriate compliance regarding required due diligence and reporting procedures and standards. All banks operating in the UAE were allowed ample time by the CBUAE to implement the CRS.High energy prices help Russia weather damaging sanctions: IMF
Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday. The sanctions were meant to sever Russia from the global financial system and...Turkey to drill for gas in Mediterranean early next month
Turkey will resume gas exploration off its coast in the Mediterranean on August 9, the energy ministry said Tuesday. "Turkish drilling ship Adbulhamid Han will start a mission in the Mediterranean on August 9 departing from the Mersin port" in the south of the country, it said in a statement.EU to propose phasing out Russian oil in new sanctions wave
The EU will propose a phased-out ban on Russian oil imports as part of a fresh round of sanctions against Russia for its invasion of Ukraine, sources said on Sunday. The European Commission, which draws up sanctions for the bloc, is currently preparing a text that could be put to...Warsaw seeks NATO ‘peace mission’ to help Ukraine
Polish Prime Minister Mateusz Morawiecki again called on the EU to "very quickly give Ukraine candidate status".Biden to assert ‘iron-clad commitment’ on NATO trip
US president will travel to Brussels to attend an EU summit to discuss Russia's invasion of Ukraine.






















