Sanctions

Iran Admits Recession After U.S. Sanctions Worse than Expected

The Iranian government published a report on Sunday showing the national Gross Domestic Product (GDP) contracted by 4.9 percent over the fiscal year ending March 21. The announcement revealed Iran’s economy contracted much more sharply than anticipated after U.S. sanctions were reimposed by President Donald Trump.

Iranian President Hassan Rouhani (L) arrives to attend a ceremony marking the country's annual army day in Tehran, on April 18, 2019. - Iran's President Hassan Rouhani called on Middle East states on April 18 to "drive back Zionism", in an Army Day tirade against the Islamic republic's archfoe Israel. …

China and Russia Stand up for Iran After Gulf Tanker Attacks

Chinese President Xi Jinping and Russian President Vladimir Putin expressed solidarity with Iran on Friday, even as the U.S. Navy revealed evidence the Iranians were behind the terrorist attack on two oil tankers in the Gulf of Oman.

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping enter a hall during a meeting at the Kremlin in Moscow on June 5, 2019. (Photo by Maxim SHIPENKOV / POOL / AFP) (Photo credit should read MAXIM SHIPENKOV/AFP/Getty Images)

China Blames ‘Rude Interference’ by U.S. for Socialist Disaster in Venezuela

The Chinese state newspaper Global Times claimed in a column Tuesday that American sanctions on the wealthy senior members of Nicolás Maduro’s illegitimate socialist regime were to blame for the ongoing humanitarian crisis in that country, contrasting U.S. sanctions with Chinese aid to Maduro.

A man with his body painted in the Venezuelan national flag's colors, demonstrates in front of riot police during an opposition demo calling for the armed forces to disobey Venezuelan President Nicolas Maduro near La Carlota Air Base in Caracas on May 4, 2019. - Venezuelan President Nicolas Maduro called …

Turkey Braces for U.S. Sanctions over Purchase of Russian Missiles

Turkish Defense Minister Hulusi Akar said on Tuesday his country is prepared to face U.S. sanctions for proceeding with its controversial purchase of Russian S-400 surface-to-air missiles while continuing to argue Turkey is not threatening American or NATO security by acquiring the Russian weapons.

Russia, St. Petersburg : 2834528 04/28/2016 S-400 Triumph surface-to-air missile systems roll through Palace Square in St. Petersburg during Victory Day Parade rehearsal. Alexei Danichev/Sputnik

Pompeo Makes Surprise Trip to Brussels to Discuss Iran with EU Leaders

Secretary of State Mike Pompeo postponed a trip to Moscow and went to Brussels instead on Monday, determined to “discuss recent threatening actions and statements by the Islamic Republic of Iran” with foreign ministers of the European Union at their regular meeting.

The Associated Press

Caroline Glick: Trump’s Policy on Iran Is Working

Media analysts and Obama administration officials are working overtime to blame President Donald Trump for Iran’s decision, announced Wednesday, to breach key limitations on its nuclear operations that Teheran had accepted in 2015 in the framework of the so-called Joint Comprehensive Plan of Action (JCPOA), otherwise known as the nuclear dea

The Associated Press

Saudi Arabia Wants to Capture Iran’s Oil Business

A source in the Persian Gulf region “familiar with Saudi plans” told Bloomberg News on Wednesday that Saudi Arabia has received “moderate requests from customers for shipments next month, including from former buyers of Iran’s oil.”

The Associated Press

Iranian Foreign Minister Plans Visit to North Korea

Iranian Foreign Minister Mohammad Javad Zarif said in an interview with Iranian state media on Sunday that he will travel to North Korea in the near future. He said the date of his trip would be announced “soon.”

Iran FM says Tehran wants to rebuild Iraq after IS fight

Kim Jong-un Tells Putin: Trump Acted ‘in Bad Faith’ at Vietnam Summit

North Korean state media quoted dictator Kim Jong-un on Friday as expressing to Russian President Vladimir Putin his frustration with President Donald Trump, claiming that America acted “in bad faith” when Trump walked out of Kim’s summit with the president in February.

President Donald Trump meets North Korean leader Kim Jong Un, Thursday, Feb. 28, 2019, in Hanoi. (AP Photo/Evan Vucci)

Study: North Korea Using Bitcoin to Finance Nuclear Weapons Development

A study from the U.K. Royal United Services Institute for Defense and Security Studies (RUSI) found North Korea using Bitcoin and other cryptocurrencies to circumvent international sanctions. The authors warned Pyongyang’s cybercrime network could “become a sustained security challenge” as it seeks more untraceable methods of laundering money and keeping its business secret from international regulators.

Cryptocurrencies tumble after S. Korea hack

China Opens Bridge to North Korea After Three-Year Delay

China opened a bridge to North Korea on Monday, sending four buses from the North Korean city of Manpo across the Yalu River to the Chinese city of Jian. The bus rides inaugurated a span built three years ago but never crossed until now.

North Korea's Kim hails 'unity' with China in new visit