Russia announced sanctions against Biden and Trudeau for ‘Russophobic attacks’

U.S. 03/15/22, 22:45

On Tuesday, March 15, Russia sanctioned U.S. President Joe Biden, Canadian Prime Minister Justin Trudeau, and several other U.S. officials from entering the country, according to Reuters. Among the high-ranking officials blacklisted by the Kremlin is Secretary of State Antony Blinken, Secretary of Defense Lloyd Austin, CIA chief William Burns, National ...

US-sanctioned Chinese business may assist Russia in evading sanctions

China 03/02/22, 04:00

The Financial Times reported on Feb. 27 that Chinese companies already sanctioned by the United States, such as Huawei and SMIC, may help Russia evade sanctions in semiconductors and telecommunications over the series of restrictions the Biden administration announced on Feb. 24. According to the Atlantic Council, one possible economic sanction ...

Biden condemns Russia’s backers in Ukraine

Economy 03/01/22, 21:28

According to Reuters, after China refused to term Moscow's move an invasion and instead urged all sides to exercise patience, President Joe Biden said on Feb. 25 that any country that backed Russia's offensive in Ukraine would be "stained by association." On Thursday, the Ukrainian military fought Russian invaders on three ...

Huawei cuts dividends for staff as revenue falls due to US sanctions

Economy 02/10/22, 21:31

According to a local media China Business News report, Chinese telecoms giant Huawei Technologies Co will pay a reduced cash dividend to employee shareholders for 2021. Huawei hasn't made its dividend strategy public, but the paper wrote that its 1.58 yuan (US$0.25) dividend per share for 2021 was nearly 15% lower ...

US finalizes sanctions options in case Russia invades Ukraine after failed talks

D.C. 01/13/22, 17:54

White House officials said that the United States had finalized sanctions if Russia invades Ukraine after NATO and Russia met for "make or break" talks on the Ukraine crisis that ended without Russia's commitments on de-escalation. U.S. Deputy Secretary of State Wendy Sherman told reporters on Wednesday, Jan. 12, that Russian President Vladimir ...

Will the US enact a series of sanctions and gather democrats to bring down the CCP?

D.C. 12/08/21, 03:54

On Dec.3, a spokesman for the U.S. Treasury Department said a series of sanctions would be announced next week to commemorate the Democracy Summit. The sanctions target those involved in corruption, severe violations of human rights, and the destruction of democracy. It is still unclear if these sanctions will turn into actions.  Moreover, ...

Huawei no longer considers itself dominant: Fighting for survival

China 09/27/21, 19:31

In 2020, Huawei had control of 31% of the global telecommunications infrastructure market. The group has more contracts to build 5G networks than any other company. However, Huawei is entangled in a global counterattack against China's belligerent behavior. At the same time, they are also affected by U.S. diplomatic and sanctions ...

House Republicans try to cripple the CCP military by further extending sanctions

China 10/01/20, 15:22

Lawmakers in the U.S. Congressional Task Force on China announced further sanctions for companies working on orders from the Chinese Communist Party (CCP) military. "We cannot allow the Chinese Communist Party's military aggression and ambitions to go unchecked on the world stage," said Rep. Michael McCaul (R-Tex.), the leading member ...

The Chinese Communist Party increased the purchase of agricultural machinery from the US by over 4500 percent fearing stricter sanctions

China 08/08/20, 18:46

Despite increased friction with the U.S., companies linked to the Chinese Communist Party (CCP) increased their purchases of high-tech cotton harvesting machinery by 4,355 percent in anticipation of increased sanctions for human rights violations. In particular, machines produced by the John Deere brand are the favorites of companies that grow cotton ...

Treasury chief: No sanctions relief for Russian oligarch

Politics 01/10/19, 18:59

Treasury Secretary Steven Mnuchin plans to tell lawmakers in a classified briefing Thursday that the Trump administration will keep strict U.S. sanctions on the Russian oligarch Oleg Deripaska and any companies he owns. In one of Democrats' first oversight moves as the new majority in the House, seven committee chairmen wrote ...

Russian space agency bemoans head’s canceled US trip

Politics 01/06/19, 09:22

Russia's space agency is complaining that the invitation for its head to visit the U.S. has been cancelled without informing the organization. NASA Administrator Jim Bridenstine told The Washington Post in a story Saturday that he has rescinded the invitation to Roscosmos head Dmitry Rogozin after several senators raised complaints. Rogozin is ...

Thomas to lead Rusal as part of deal with US

Business 12/27/18, 21:55

US Treasury said last week it would remove sanctions against Rusal and its parent if they restructured to reduce the controlling stakes of businessman Oleg Deripaska, who is on Washington's sanctions list

Turkey’s president criticizes US sanctions on Iran

Europe 12/20/18, 07:54

Turkey's president has again criticized U.S. sanctions on Iran and vowed to continue to cooperate with Tehran. Recep Tayyip Erdogan made the comments on Thursday at a joint news conference with Iranian President Hassan Rouhani. Erdogan says Turkey aims to increase bilateral trade with Iran to $30 billion from the current $11 ...

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