Burkina Faso, Mali and Niger are withdrawing from a 49-year-old regional alliance that has allowed goods and nearly 400 million people to travel freely across a tightly connected region.
Category: Embargoes and Sanctions
-
New Plan to Target Russia’s Oil Revenue Brings Debate in White House
Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.
-
European Sanctions Target Russian Liquefied Natural Gas for First Time
The European Union will impose economic penalties targeting some shipments of Russian natural gas, hoping to deprive Moscow of income.
-
France Warned by E.U. About ‘Excessive’ Deficit
The rebuke for breaking European Union rules that require strict financial discipline comes two weeks before French voters head to the polls for parliamentary elections.
-
U.S. Expands Sanctions on Russia as G7 Leaders Gather
The Biden administration is taking new measures aimed at stopping China from helping the Kremlin sustain its war effort against Ukraine. U.S. officials hope European nations will take similar steps.
-
G7 Finance Ministers Aim to Use Russia’s Frozen Assets to Help Ukraine
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.
-
G7 Finance Ministers Close Ranks as Tensions with Russia and China Fester
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.
-
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.
-
U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.
-
Binance Founder Sentenced to Four Months in Prison
Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation.
-
Antony Blinken Visits China
Tensions over economic ties are running high, threatening to disrupt a fragile cooperation between the U.S. and China.
-
Binance Founder Should Get Three Years in Prison, Prosecutors Say
Defense lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time.