sanctions

Former Tory leader Sir Iain Duncan Smith revealed the Foreign Office has “indefinitely” paused targeted sanctions against Chinese officials. He raised his concerns as MPs condemned Hong Kong legislators for passing a new national security law, which grants authorities more powers to quash dissent.  

The Biden administration is unveiling more than 500 new sanctions against Russia and the entities supporting its human rights abuses and war effort in Ukraine. The tranche of sanctions is the largest unveiled since Russia’s full-scale invasion of Ukraine nearly two years ago, and seeks to hold Moscow to account for the war and the […]

Odysseus has become the first American spacecraft in over 50 years to land on the moon. And for the first time ever, the feat was achieved by private-sector companies. It wasn’t all smooth sailing, however, as a last-minute glitch threatened to doom the craft’s safe touchdown. The United States and the UK have announced over […]

The U.S. Supreme Court has refused to undo sanctions against a handful of pro-Trump lawyers—including Sidney Powell and Lin Wood—who filed a lawsuit challenging the results of the 2020 presidential election in Michigan. In a Feb. 20 order list, the Supreme Court denied certiorari without comment, leaving in place sanctions against seven lawyers who were […]

A group of U.S. lawmakers sent a letter to the White House Monday, urging the Biden administration to take a closer look at WuXi AppTec and its affiliates for possible sanctions. The lawmakers cited public documents that point to what they called “clear ties” between the firm and China’s Communist Party and military. Over in Europe, Beijing is vowing to take what it called […]

President Joe Biden issued an executive order on Thursday sanctioning 4 Israeli settlers in the West Bank. NTD spoke to David Wurmser, a Middle East affairs analyst from the Center for Security Policy. He said that the sanctions are leading many Israelis to question whether the United States is pro-Israel or not.

The House Financial Services Committee National Security, Illicit Finance, and International Financial Institutions Subcommittee holds a hearing on “Better Investment Barriers: Strengthening CCP Sanctions and Exploring Alternatives to Bureaucratic Regimes”  at 10 a.m. ET on Jan. 30. Witnesses The Honorable Thomas Feddo: Founder/Principal, The Rubicon Advisors LLC The Honorable Richard Ashooh: Vice President of Global […]

In a recent survey by the National Association of Business Economics, 91 percent of polled economists expressed confidence that the United States is poised to evade a recession in the upcoming year, with a resounding majority indicating a probability of 50 percent or less. Despite facing Western sanctions, China strategically secured a significant amount of […]

Sen. Marco Rubio (R-Fla.) has urged the Department of Commerce (DOC) to blacklist a Chinese chip design firm and impose further restrictions on Chinese tech companies as they allegedly bypass U.S. export-control measures to help U.S.-sanctioned China entities. In a letter dated Dec. 20 to Commerce Secretary Gina Raimondo, Mr. Rubio raised concerns that Chinese […]

American energy sanctions on Iran and Russia are not having their full effect. The Biden administration isn’t enforcing the sanctions fully, allowing these countries to use so-called “ghost fleets” to sell oil around the world. NTD’s Emma Shi has more.  

The Biden administration on Thursday removed a Chinese forensic police institute accused of human rights violations from a trade sanction list in a deal to get China’s communist regime to do more to halt its outflow of fentanyl precursors. The Department of Commerce’s Bureau of Industry and Security added China’s Ministry of Public Security’s Institute […]

The Treasury Department on Wednesday announced new sanctions on 10 Hamas members and operatives. They include those associated with Hamas’s secret investment portfolio, two senior Hamas officials, a Gaza-based currency exchange, and its operator.  

China’s foreign ministry announced new sanctions Friday against two major U.S. defense contractors: Lockheed Martin and Northrop Grumman. The ministry said Lockheed Martin’s Missouri branch was a major contractor in a U.S. arms sale to Taiwan last month, adding that Northrop Grumman also repeatedly sold weapons to Taiwan.

Reports say Chinese leader Xi Jinping isn’t coming to this weekend’s G20 summit. However, he did make an appearance in Africa last month for a meeting of the BRICS nations: China, Brazil, Russia, India, and South Africa. Gregory Copley, president of the International Strategic Studies Association, explains the meaning of Mr. Xi’s presence or lack […]

Chips, telecoms, and billions in funding from Beijing. China’s telecom giant Huawei is back under fire. Washington-based Semiconductor Industry Association is warning Huawei has found a way to skirt U.S. sanctions, building a slew of secret semiconductor facilities across China. That’s in violation of U.S. blacklist laws.

MANILA, Philippines—The United States has expressed concerns over major land reclamation projects in Manila Bay near its heavily secured embassy due to the involvement of a Washington-blacklisted Chinese company, the U.S. Embassy said Wednesday. Embassy spokesperson Kanishka Gangopadhyay said the U.S. also expressed its concerns over the potential environmental impact of the reclamations in Manila […]

The U.S. Treasury Department on Tuesday imposed sanctions on multiple companies accused of using illicit gold sales to help fund Russia’s Wagner mercenary group. Treasury said in an announcement on June 27 that it had sanctioned four companies in the Central African Republic, United Arab Emirates, and Russia, accusing the entities of engaging in illegal […]