Categories
Asia Pacific

China hits back at US and allies with anti-sanctions law | Source: Nikkei Asia

China retaliated against international sanctions, passing a law believed to provide legal tools for its officials and companies in responding to Western penalties. The law may be a “game-changer as it would provide a mechanism for targeted Chinese entities to file a lawsuit against a foreign company that is complying with foreign-imposed sanctions.

Source: Nikkei Asia


MORE NEWS ABOUT ASIA PACIFIC:

Asia Pacific

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Asia Pacific

China Boosts Support for Myanmar Army, Countering U.S. Sanctions | Source: Bloomberg

China says its policy toward Myanmar remains unaffected by the country’s domestic situation, bolstering support for a regime that has faced multiple rounds of sanctions from the U.S. and its Western allies following a coup four months ago.

Source: Bloomberg


MORE NEWS ABOUT ASIA PACIFIC:

Asia Pacific

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

EU envoys extend sanctions against Crimea | Source: Tass

The European Union has extended restrictions against Crimea for another year. The EU introduced restrictions against Crimea in June 2014 in response to what Brussels calls “the illegal annexation of Crimea and Sevastopol by Russia.

Source: Tass


MORE NEWS ABOUT EUROPE:

Europe

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Asia Pacific

Beijing ready to pass ‘anti-sanctions’ law against the US and the EU | Source: Asia News

The Standing Committee of the National People’s Congress (NPC) is preparing to pass a law to counter sanctions imposed by other countries on China. Beijing wants to give legal status to its countermeasures against the punitive actions taken against China by the United States, the European Union and their allies.

Source: Asia News


MORE NEWS ABOUT ASIA PACIFIC:

Asia Pacific

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
North America

Joe Biden Bans Investment in Dozens of Chinese Firms | Source: The Wire

U.S. President Joe Biden delivers remarks on the U.S. economy in the East Room at the White House in Washington, U.S., May 10, 2021.

President Joe Biden signed an executive order that bans US entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors, a move his administration says expands the scope of a legally flawed Trump-era order.

Source: The Wire


MORE NEWS ABOUT NORTH AMERICA:

North America

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Middle East

Russia’s Lukoil ‘happy’ to resume talks on Iranian projects once US sanctions lifted | Source: S&P Global

Russia’s Lukoil would be “happy” to return to talks on its Iranian oil projects, which were at an advanced stage, once US sanctions on the Middle Eastern country are lifted. Lukoil was in talks with Iran to develop the Ab Teymour and Mansouri oil fields, but had to put plans on hold in late 2018 after the US pulled out of the Iranian nuclear deal and reimposed sanctions on the country’s oil industry.

Source: S&P Global


MORE NEWS ABOUT MIDDLE EAST:

Middle East

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Middle East

EU renews sanctions against Syria for another year | Source: Common Space Eu

The European Union will renew its sanctions against the regime in Syria for another year. The sanctions include a freeze on European assets and a ban on oil imports from the country, among others.

Source: Common Space Eu


MORE NEWS ABOUT MIDDLE EAST:

Middle East

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Asia Pacific

China promises economic support for sanctions-hit neighbour North Korea | Source: South China Morning Post

North Korean ambassador to China Ri Ryong-nam (left) and Chinese Foreign Minister Wang Yi link arms in Beijing on Thursday. Wang reaffirmed Beijing’s commitment to “traditional friendship” with the North.

China has pledged to keep up strategic communication with North Korea and help the sanctions-hit nation cope with worsening economic problems amid a prolonged nuclear stalemate with the US, at a time when both are being targeted as security threats by the United States and its allies.

Source: South China Morning Post


MORE NEWS ABOUT ASIA PACIFIC:

Asia Pacific

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Middle East

US warns Gulf states against normalising ties with Syria regime, slam Assad’s sham election | Source: The New Arab

The Biden administration is seeking to separate itself from the policies of the previous administration.

The US State Department has branded the elections -held May 26- in Syria as a ‘sham’, while also warning Gulf allies of exposure to sanctions if they normalise ties with Damascus. U.S. government suggested that America’s Gulf allies “think carefully about their exposure to sanctions in dealing with this regime.”

Source: The New Arab


MORE NEWS ABOUT MIDDLE EAST:

Middle East

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

EU sanctions expected to hit Belarus’s potash, oil and finance | Source: Metro US

EU leaders summit in Brussels.

The European Union will look at hitting Belarus’s big potash exports as well as its oil and financial sectors with new sanctions, as punishment for forcing down a Ryanair flight to arrest a journalist. Since cracking down on pro-democracy protests last year, Belarus largely ignored three previous rounds of EU sanctions and comparable U.S. measures. Western countries are demanding free elections in Belarus.

Source: Metro US


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.