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Tag Archives: US sanctions

Sputnik International —India-China Oil Bloc Proposal a Good Step, Say Energy Analysts

The expiration of US waivers on sanctions targeting Iran and its foreign trade partners ends this Thursday. This will affect India, China, Japan, S. Korea and Turkey. While China is currently the largest purchaser of Iranian crude oil, both India and China have warned that such a step could destabilise the global energy market and the Middle East.... Sputnik InternationalIndia-China Oil Bloc Proposal a Good Step, Say Energy Analysts

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Economist Jeffrey Sachs: U.S. Sanctions Have Devastated Venezuela & Killed Over 40,000 Since 2017 — Amy Goodman interviews Jeffrey D. Sachs

More than 40,000 people have died in Venezuela since 2017 as a result of U.S. sanctions, according to a new report by the Center for Economic and Policy Research co-authored by economists Jeffrey Sachs and Mark Weisbrot. The report examines how U.S. sanctions have reduced the availability of food and medicine in Venezuela and increased disease and mortality. We speak with Jeffrey Sachs in our New York studio. In the report, he writes, “American sanctions are deliberately aiming to wreck...

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Andrei Martyanov — About US Dollar and Sanctions, Yet Again.

It is clear that once dominance of the US Dollar and the system which sustains it is removed, consequences for the United States could be catastrophic. The question is NOT about IF US Dollar will survive as world's reserve currency--this is not even up for a debate--it is WHEN and HOW the departure will happen. Reminiscence of the FutureAbout US Dollar and Sanctions, Yet Again.Andrei Martyanov

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TeleSUR — US Blockade on Venezuela Has Cost US$350 Billion: Report

The Economic Debates Unit of the Latin American Geopolitical Strategic Center (CELAG) released a report on "the economic consequences of the boycott against Venezuela," on Friday, in which it is proved that the "international financial blockade to Venezuela since 2013 is the main responsible for the economic crisis." Economic strangulation. TeleSUR US Blockade on Venezuela Has Cost US$350 Billion: Report

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Zero Hedge — Europe Launches SWIFT Alternative To Send Money To Iran

Will the US sanction its European NATO allies? Don't put anything past the US. Secretary of State Mike Pompeo previously warned of “swift punishment” for countries doing business with Iran, thus INSTEX is seen as a first small step toward greater European economic independence, and toward calming Iranian criticisms centered on seeing "dollar domination" as fueling European weakness to follow through on JCPOA stipulations.... Zero HedgeEurope Launches SWIFT Alternative To Send Money To Iran...

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New Oil Sanctions on Venezuela: “Would Destroy What’s Left of its Economy” Sharmini Peries interviews Mark Weisbrot

Video and transcript MARK WEISBROT: Well, it’s all illegal, of course. I mean, the sanctions that Trump imposed in August of 2017, or you can go back further to the Obama sanctions in March of 2015, the sanctions have always been illegal under the OAS Charter, under the UN Charter, under the treaties that the U.S. has, various international conventions that the U.S. is a party to. And also under U.S. law, because the president has to state in order to impose these sanctions in the...

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