Last week, the US government authorized the company Chevron to resume production and export operations of Venezuelan oil after three years. The agreement would be for six months, with the possibility of renewal, and would involve the Venezuelan state company PDVSA, according to specialists who analyzed the negotiation. The announcement of the understanding and relief of US sanctions was made after the resumption of dialogue between the Maduro government and the Venezuelan opposition, during which the two sides agreed to create a fund, which would be managed by the United Nations, to finance food programs. , health and education in Venezuela.
‘Why Venezuela will grow 12% in 2022 after 10 years of decline’, Goa Spotlight
How Russia Cope Well Despite Western Sanctions On Russia
How Russia Cope Well Despite Western Sanctions On Russia
Western Sanctions on Russia
The Russian authorities have demonstrated to the collective West that they have coped with the Western Sanctions on Russia imposed in 2022.
This is how URA.RU experts explained the preliminary results of the budget execution, which were announced by Prime Minister Mikhail Mishustin at the first government meeting of this year on January 10.
According to analysts, due…
US targets companies selling Iranian petrochemicals in fresh sanctions
New Post has been published on https://www.timesofocean.com/u-s-targets-companies-selling-iranian-petrochemicals-in-sanctions/
US targets companies selling Iranian petrochemicals in fresh sanctions
Washington (The Times Groupe)- The United States has imposed fresh sanctions on Chinese and Emirati companies and a network of Iranian firms for helping export petrochemicals from Iran.
On June 16, the U.S. Treasury Department imposed penalties on two Hong Kong-based companies, three Iranian companies, and four UAE companies, as well as two Chinese and one Indian company.
The Treasury Department attributed the moves to negotiations to revive the 2015 Iran nuclear deal.
“The United States is seeking to achieve a mutual return to compliance with the Joint Comprehensive Plan of Action through meaningful diplomacy,” said Brian Nelson, Treasury undersecretary for terrorism and financial intelligence.
“Without a deal, we will continue to impose sanctions on Iran that limit the export of petroleum, petroleum products, and petrochemicals,” Nelson said.
In exchange for relief from U.S., European Union, and United Nations sanctions, Iran agreed to limit its nuclear program.
In 2018, then-U.S. president Donald Trump pulled out of the deal and restored U.S. sanctions, causing Iran to begin violating the restrictions. Efforts to revive the agreement have so far failed.
It was reported in March that a revised deal was close, but talks in Vienna abruptly stalled in April as Iran and Washington blamed each other for not taking the necessary political decisions to settle remaining issues.
There were disagreements over whether Washington would remove the Islamic Revolutionary Guards Corps (IRGC) from its list of designated foreign terrorist organizations.
The Islamic Republic of Iran has long denied attempting to secretly develop nuclear weapons. It claims its nuclear program is solely for peaceful purposes. Despite the collapse of the deal, Tehran has vastly expanded its nuclear work. iranian petrochemicals
Pakistan’s Imports From Afghanistan Significantly Decreased, Says Pak Media
Pakistani media reported a 20 percent increase in Pakistan’s exports to Afghanistan last month, while imports from Afghanistan decreased by nearly half.
Pakistan exported goods valued at USD 117 million to Afghanistan in March of this year. According to reports from Pakistani media, the total value of Pakistan’s exports to Afghanistan in February was USD 104 million.
However, Afghanistan’s…
“WASHINGTON, July 31 (Reuters) - U.S. Secretary of State Hillary Clinton said on Friday no decision had been taken to ease some sanctions against Sudan, one day after a senior U.S. official suggested this step might help the peace process.
General Scott Gration, the U.S. special envoy for Sudan, told lawmakers on Thursday he did not know of any intelligence to justify Sudan remaining on a list of "state sponsors of terrorism," a designation accompanied by sanctions and restrictions on aid.
Asked whether the administration was considering such as move, Clinton replied: "We have made no decision to lift the listing on the terrorist list of Sudan."
She referred to an "intensive" review being done by the Obama administration on its policy towards Sudan. "But no decisions have been made," she stressed in a joint news conference with Saudi Arabia's foreign minister.”
Nicolas Maduro responded to Trump's recent comments claiming that when he left office, Venezuela was on the brink of collapse thanks to the Trump Administration's blockade, sanctions and active measures by the CIA/State Dept.
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"Ex-President of the United States, Donald Trump, declared his crime. A crime against humanity, against the people of Venezuela."
"He declared that the objective of his government and of the aggression and sanctions against Venezuela was to make Venezuelan society collapse so that the Imperialist power of the United States would seize Venezuelan oil, seize Venezuela's wealth."
"As a good lawyer would say, 'by the confession of the parties, there is no need for evidence.' Trump has declared his guilt in crimes against humanity against the noble and peaceful people of Venezuela."
US and UK impose third package of sanctions against Hamas
The US Treasury Department and the United Kingdom have jointly imposed a third round of sanctions against Hamas-linked individuals over the group’s attack on Israel on October 7, ANI news agency reported.
US Treasury Secretary Janet Yellen stated that the country would continue working with allies, including the UK, to deprive Hamas of the ability to “raise and use funds to carry out its atrocities.”
“Hamas’s actions have caused immense suffering and shown that terrorism does not occur in isolation. Together with our partners, we are decisively moving to degrade Hamas’s financial infrastructure, cut them off from outside funding, and block the new funding channels they seek to finance their heinous acts.”
The Treasury reported that Hamas operated primarily through Iran’s Islamic Revolutionary Guard Corps (IRGC). Iranian support has enabled Hamas and Palestinian Islamic Jihad (PIJ) terrorist activities to include the transfer of hundreds of millions of dollars in financial assistance, as well as the supply of weapons and operational training.
India, UAE agree to ditch US Dollar and use local currencies in bilateral trade
17 July 2023; MEMO: India and the UAE have signed an agreement to start using a rupee-dirham payment mechanism to settle cross-border trade, following Prime Minister Narenda Modi’s visit to Abu Dhabi yesterday. An agreement was also signed to link their fast payment systems, namely the Unified Payments Interface (UPI) of India with the Instant Payment Platform (IPP) of the UAE.
Modi who made the…
Saudi Arabia could invest in Iran ‘very quickly’, says minister - SUCH TV
Saudi Arabia could start making investments in Iran “very quickly” after they agreed to restore diplomatic ties, the Saudi finance minister said on Wednesday, despite sweeping US sanctions against Tehran.
Mohammed Al Jadaan said there were “a lot of opportunities” in Iran and that he could not see any reason to prevent investments from taking place between the two Gulf heavyweights.
“I would say…
Rep. Zooey Zephyr, the first transgender woman elected to Montana's legislature, attended a Montana House of Representatives session to oppose an anti-transgender bill that would remove references to transgender individuals from more than 40 sections of state code. The bill, which would define sex in a way that excludes trans people, was one of over a dozen heard this year. The previous day, her strong speech against the gender affirming care ban the state had passed led to the Montana Freedom Caucus calling for her censure while intentionally and repeatedly misgendering her. When she punched in, they refused to recognize her to speak, and instead moved forward to pass the bill.
Tensions flared on the House Floor when the entire Democratic Caucus rose to demand that she be permitted to speak. In a strikingly undemocratic move, Republican House Speaker Regier declined to allow it, asserting that he could refuse to allow anyone to speak at his discretion. When Minority Leader Abbott objected, they moved to a packed rules committee meeting, which upheld the ruling. Following that, the Speaker stated it was his intent to no longer allow Representative Zephyr to speak moving forward.