JOHANNESBURG—When officials from South Africa’s governing African National Congress (ANC) return from missions to foreign countries, there’s usually great fanfare. Press conferences are held and strings of “successes” are announced to the nation. Officials are keen to take credit for political and economic gains. This was not the case when President Cyril Ramaphosa’s special envoys…
Sanctioned Russian Aircraft Torpedoes South Africa’s ‘Trade Rescue Mission’ to US
US Slaps 120 Russia-Linked Firms and Individuals With Fresh Sanctions
Washington has enacted a wide-ranging package of fresh economic sanctions that target more than 120 Russia-linked companies and individuals—several of them in third countries. “The United States will continue to take action against Russia and those supporting its war in Ukraine,” Secretary of State Antony Blinken said in a statement on April 12. According to…
US Slaps 120 Russia-Linked Firms, Individuals With Fresh Sanctions
The United States has enacted a wide-ranging package of fresh economic sanctions against more than 120 Russia-linked companies and individuals—several of them in third countries. “The United States will continue to take action against Russia and those supporting its war in Ukraine,” Secretary of State Antony Blinken said in a statement on April 12. Blinken…
IMF Raises Russian GDP Estimates for 2023
The International Monetary Fund (IMF) upwardly revised its GDP estimates for Russia in 2023, despite ongoing sanctions against the country by the United States. A report released Tuesday predicts Russian GDP will increase by 0.7 percent, a slightly more positive outlook than that of the organization’s January report and a significant improvement since the October…
‘Huge Concern’ Over UK Presence of Terror-Sanctioned Iran Companies: Experts
At least 14 foreign sanctioned commercial and financial institutions linked to the Iran regime have bases in the UK, analysis by The Epoch Times has found. Oil companies, insurance firms, and even consultancy services—all blacklisted by the United States over terror fears—currently operate out of a number of central London premises. The presence of the…
US Announces Sanctions on Iran Drone Procurement Network
WASHINGTON—The United States said Tuesday it is imposing a new round of sanctions on Iranian firms and people accused of procuring equipment used for Iranian drones. Treasury’s Office of Foreign Assets Control coordinated with the FBI to designate four firms and three people in Iran and Turkey for allegedly buying equipment, including European-made engines, to…
Texas Adds HSBC to Energy Sanctions List
A Texas official on Monday added HSBC Holdings to an energy sanctions list, widening a crackdown on companies which in the state’s view are too focused on energy transition. Republican-led U.S. states have alleged companies are prioritizing environmental, social and governance policies (ESG) over their financial responsibilities to their shareholders. The move could prohibit Texas’…
Security Minister Refuses to Confirm Government Action on Iran Revolutionary Guards
Britain’s security minister has refused to definitively state whether a branch of Iran’s armed forces will be proscribed after increasing concerns over the regime’s activity in the UK. Speaking in the Commons on Monday, Tom Tugendhat declined to directly answer questions from several MPs on whether the UK will make the Islamic Revolutionary Guard Corps…
LIVE 5 PM ET: NTD Business (Feb. 24): WH Announces New Sanctions Against Russia; Feds Say Inflation Surprisingly Rose In Jan.
The United States slaps a new round of sanctions on Russia and its partners today, on the one-year anniversary of the Russia-Ukraine war. We speak with two nonprofit organizations that are helping Ukrainians in need. They give us an on-the-ground update of the situation. New inflation data out today, coming in hotter than expected, complicating…
LIVE NOW: NTD Business (Feb. 24): WH Announces New Sanctions Against Russia; Feds Say Inflation Surprisingly Rose In Jan.
The United States slaps a new round of sanctions on Russia and its partners today, on the one-year anniversary of the Russia-Ukraine war. We speak with two nonprofit organizations that are helping Ukrainians in need. They give us an on-the-ground update of the situation. New inflation data out today, coming in hotter than expected, complicating…
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