The International Olympic Committee (IOC) has not made a commitment to lift sanctions on Russia in case of a ceasefire or peace deal following its invasion of Ukraine, IOC President Thomas Bach said on Wednesday. The IOC said on Monday it was recommending that sports organizations do not allow the participation of Russian and Belarusian…
No Commitment to Lift Russia Sanctions in Case of Peace Deal: IOC
March 3, 2022
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S&P 500 Ends Lower as West Hits Russia With Sanctions
February 28, 2022
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The S&P 500 ended lower after a volatile session on Monday, with investors wrestling with uncertainty and bank stocks dropping following powerful Western sanctions against Russia as it continued its invasion of Ukraine. Helping the Nasdaq close in positive territory after opening at a loss, electric car makers Tesla and Rivian Automotive jumped 7.5 percent…
Russia Braces for Economic Hardship; Lawmakers Call on Biden to Boost U.S. Energy | NTD Business
Russians bracing for economic hardship as the Russian Ruble plunges and their key interest rate goes all the way to 20 percent. Sanctions continue to grow. U-S lawmakers calling on President Biden to boost domestic energy production, and reopen the Keystone XL Pipeline. We hear from a couple of them. And New York City soon easing up…
New York Orders Russia Sanctions, Invites Ukrainian Refugees
February 28, 2022
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NEW YORK—New York Gov. Kathy Hochul signed an executive order Sunday forbidding her state from doing business with Russia, including cancelling its investments there. The governor also said New York will welcome Ukrainian refugees in response to Russia’s invasion, noting at a press conference in Albany that her state is home to the largest Ukrainian…
China Sanctions US Arms Suppliers Over Sales to Taiwan
China is imposing new sanctions on two U.S. military contractors, Raytheon and Lockheed Martin, for supplying weapons to Taiwan, its latest move retaliating against Washington’s support of the self-ruled island. Wang Wenbin, a spokesperson for China’s foreign ministry, announced the move at a regular press briefing on Feb. 21, citing China’s Anti-Foreign Sanctions Law. He…
Sanctions on Russia Likely to Backfire Against US and to the Benefit of China
Commentary “Tactics is knowing what to do when there is something to do. Strategy is knowing what to do when there is nothing to do.” ― Savielly Tartakower, International Chess Grandmaster of the 1950 Inaugural Class “The enemy gets a vote.” — General James Mattis, U.S. Marines (Ret.) Chess is a metaphor—and even training—for war….
Sanction China’s Oil Trade
January 12, 2022
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News Analysis Small refiners in China are evading U.S. sanctions on Iranian and Venezuelan oil exports by using false flags, old tankers, turning off ship transponders, and transferring oil mid-ocean between vessels to hide the origin of illegally-exported oil. Iran’s crude oil sales, which jumped 40 percent in 2021, are primarily purchased by China—Iran’s biggest…
Another ‘Affront Against Universal Rights’: Blinken Criticizes Beijing for Using Sanctions to ‘Intimidate’ US Critics
January 10, 2022
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Beijing’s recent sanctions on U.S. religious freedom officials mark its latest “affront against universal rights” and will only spur further global scrutiny into its human rights violations, Secretary Antony Blinken said on Jan. 10. The secretary was referring to sanctions Beijing announced on Dec. 21 targeting four commissioners of the U.S. Commission on International Religious…
US Should Sanction China for Jamming and Laser Attacks on Pilots
December 28, 2021
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News Analysis The Chinese military is building stronger electronic warfare facilities in the South China Sea. Rapidly expanding Chinese electronic warfare (EW) facilities were revealed by the Center For Strategic and International Studies (CSIS) on Dec. 17. The facilities, near Mumian on China’s Hainan Island, are in the South China Sea region close to Vietnam….
US Warns Banks As It Sanctions More Chinese Officials Stifling Hong Kong’s Democracy
December 21, 2021
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Washington named five already-sanctioned Chinese officials for reducing Hong Kong’s autonomy in a report and warned that foreign financial institutions doing business with them would be punished too. The Dec. 20 report identified the five as Chen Dong, He Jing, Lu Xinning, Tan Tienui, and Yin Zonghua, all deputy directors at China’s Hong Kong liaison…
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