The United Kingdom has granted a license for continued payments to Russia’s Gazprombank for more than a month, despite sanctions imposed on the firm and dozens of other Russian financial institutions last month. London’s Office of Financial Sanctions Implementation (OFSI) issued the sanctions waiver on Thursday for “the purpose of making gas …
Read More »US waives sanctions on frozen Iranian oil funds… but there’s a catch
“Allowing these funds to be used to repay exporters in these jurisdictions will make those entities whole with respect to the goods and services they exported to Iran, address a recurring irritant in important bilateral relationships, and decrease Iran’s foreign reserves,” the waiver, which the Department of State presented to …
Read More »‘And I haven’t been to Europe’: Kamala Harris waives off lack of visits to US-Mexico border when confronted
Following a visit with the president of Guatemala, Harris’ first foreign trip in office, she was confronted once more about growing criticism of her leadership role in the immigration crisis. In particular, the vice president’s refusal to visit the border firsthand was brought up during her interview on NBC’s ‘Today …
Read More »US waives sanctions against Nord Stream company and CEO as Blinken & Lavrov meet in Iceland
Imposing sanctions on the company and its CEO under the Protecting Europe’s Energy Security Act (PEESA) would “negatively impact US relations with Germany, the EU and other European allies and partners,” the State Department said on Wednesday. Those relations are critical to US efforts against the Covid-19 pandemic, climate change, …
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