Tag: economic sanctions

Franco-German Call for Russia Summit Meets EU Resistance

BRUSSELS—France and Germany called on Thursday for a European Union summit with Russian President Vladimir Putin but met firm resistance from Poland and Baltic countries who distrust the Kremlin. French President Emmanuel Macron said the first EU summit with Putin since January 2014 would be a chance for dialogue and won support from Austria’s chancellor…


EU Imposes First Broad Economic Sanctions on Belarus Over Ryanair Incident

BRUSSELS—The European Union imposed wide-ranging economic sanctions on Belarus for the first time on Thursday, targeting its main export industries and access to finance a month after it forced a Ryanair flight to land in Minsk. The measures include banning EU businesses from importing goods or doing business with Belarusian companies in sectors including banking,…


Australian Govt. Urged to Sanction Burma Military Leaders Immediately

The Australian government is facing renewed calls to place new sanctions on Burma’s (also known as Myanmar) military junta. An analysis (pdf) by the Australian Council for International Development (ACFID), the peak body for Australian non-government organisations, has criticised the government’s decision not to impose any new sanctions since the military coup in February, likening…


US Charges New York Cosmetics Executive With Iran Sanctions Violations

WASHINGTON—U.S. prosecutors said on Tuesday they charged the president of a New York cosmetics company for his alleged involvement in a conspiracy to violate U.S. economic sanctions on Iran. Michael Rose, president of Forsythe Cosmetics Group LLC, is accused of skirting U.S. sanctions between 2015 and 2018 by arranging for the export from the United…


Tories Calls on Liberals to Stand up to Biden’s Buy American Plan

The Opposition Conservatives are urging the federal government to push back on U.S. President Joe Biden’s protectionist Buy American plan. Conservative MP Tracy Gray, the Conservative shadow minister for export promotion and international trade, issued a statement Tuesday urging the Liberal government to “immediately address this ‘Buy American’ plan with the Biden administration and ensure…