Sanctions

The Unyielding Paranoia of Recep Tayyip Erdogan

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A major sanctions case could further imperil an already fraught relationship between Washington and Ankara, and reveal the Turkish president’s illicit dealings Diego Cupolo The Atlantic A key defendant in an Iranian sanction-busting case has now become its “most important witness.”Following weeks of speculation, Reza Zarrab, a Turkish-Iranian businessman, pleaded guilty on Tuesday to charges of helping Iranian entities evade U.S. sanctions through his international network of businesses, possibly with the help of Turkish banks and government officials. Today, Zarrab ... Read More »

Lira crashes as Erdogan, Turkish gov’t implicated in Iran money-laundering scheme

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Case of Reza Zarrab seen as flash point in US-Turkey relations Asia Times The Turkish lira plummeted Friday after reports surfaced that a trader accused of helping Iran evade sanctions invoked the name of Turkish President Recep Erdogan as part of a money-laundering scheme. Bloomberg reports, citing court documents, that US prosecutors say the scheme was supported by Turkey’s… The lira dropped to its weakest point since January, hovering around an all-time low for the currency. From Bloomberg: ”US prosecutors in ... Read More »

Trump may have to sanction Turkey for Russian deal

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Before their meeting Thursday, President Donald Trump praised Turkish President Recep Tayyip Erdogan, bragged about their friendship and claimed U.S.-Turkey relations are at an all-time high. Josh Rogin The Morning Call Trump may not be aware he might soon have to sanction Erdogan for striking a major arms deal with Vladimir Putin‘s Russia. “I think right now we are as close as we’ve ever been. And a lot of that has to do with the personal relationship,” said Trump, on ... Read More »

Turkey BLASTS US and EU sanctions against Russia

Russia's President Vladimir Putin and Turkey's President Tayyip Erdogan attend a news conference at the Presidential Palace in Ankara December 1, 2014. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS)

Turkey is defying history with its warm relationship with Moscow. Turkey’s economic future is solidly dependant on Russia and the eastward looking markets that cooperation with China represents. ADAM GARRIE TheDuran This attitude was confirmed by Turkey’s Foreign Minister Mevlut Cavusoglu who criticised the Russian sanctions which are on the books in the United States and European Union. Mevlut Cavusoglu further stated that Turkey has often been the victim of such sanctions and as a result Ankara has developed a strong ... Read More »

Japan joins US in imposing new sanctions on North Korea

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Foreign minister says assets of five groups, including two from China, to be frozen, as well as nine individuals. Source: Reuters news agency Al Jazeera Japan will impose additional sanctions on North Korea for its weapons programmes, Foreign Minister Fumio Kishida said on Friday, just hours after the US Senate also voted for new sanctions on the secretive state. US media reported this week that the Defense Intelligence Agency (DIA), the Pentagon spy agency, had assessed that North Korea would ... Read More »

Saudi Arabia & allies demand Qatar close Turkish base, shut Al-Jazeera and more within 10 days

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The Arab states which have imposed an economic blockade on Qatar over its alleged financing of terrorism have issued a severe list of demands, which includes giving Doha 10 days to cut ties with Iran, shutting down Al-Jazeera, closing a Turkish military base and… RT The Kuwait emissary, which is serving a mediator in the diplomatic standoff, has reportedly presented the list of 13 demands from the… Doha has 10 days to comply, according to Associated Press which has seen ... Read More »

Time to Repeal U.S. Sanctions on Sudan?

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The clock is ticking for President Trump who must decide by 12 July whether to lift decades-long U.S. sanctions on Sudan. ICG The failure of economic penalties to alter Khartoum’s behaviour so far means Washington should repeal some sanctions and continue a process of conditional engagement. I. Overview Decision time is fast approaching for U.S. policy toward Sudan. By 12 July 2017, the Trump administration must determine whether to permanently lift the economic and trade sanctions its… Time to Repeal… Read More »

US reassures Qatar with arms sale, drill

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The United States agreed a major warplane sale to Qatar and began maneuvers with the emirate’s navy on June 15, underscoring its commitment to their military alliance despite Doha’s rift with… Hurriyet Washington has sent conflicting signals to its longtime ally about its position on the diplomatic crisis which has seen Saudi Arabia and its allies impose sweeping sanctions on the… Last week, U.S. President Donald Trump expressed support for the… US reassures Qatar… Read More »

Russia sanctions talks leave Iran bill hanging in the balance

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Ongoing Senate talks on a bipartisan Russia sanctions proposal are testing the ability of powerful GOP chairmen to work together on a package that can avoid imperiling passage of the Iran sanctions bill it could hitch a ride to. Elana Schor Politico Leaders in both parties say they want to vote on a plan to punish Russia as an amendment to the Iran sanctions bill that senators voted to move ahead with on Wednesday. Senate Minority Leader Chuck… Russia sanctions ... Read More »

A Sanctions Skeptic for State?

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What Rex Tillerson’s confirmation hearings revealed Siddhartha Mahanta The Atlantic Read More »

Russia Pulse

Russian President Vladimir Putin (L) and Turkish President Tayyip Erdogan attend a session of the World Energy Congress in Istanbul, Turkey, October 10, 2016. Sputnik/Kremlin/Alexei Druzhinin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. - RTSRLXH

Why Russia isn’t rushing to lift sanctions on Turkey Al Monitor Yekaterina Chulkovskaya For a long time, Russian-Turkish relations were based on a certain formula: “The economy is the economy. Politics is politics. And they shouldn’t be… RUSSIA PULSE… Read More »

Effective sanctions relief on Iran for sanctions’ sake

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The one year anniversary of Iran nuclear agreement’s entering into force on Oct. 18, 2015 was buried in the noise and news of U.S. electoral campaign, operation to liberate Mosul and tragic agonies of Aleppo. By Thomas R. Pickering and Ali Vaez This in itself is a testament to the accord’s remarkable success in addressing a major threat to global security. But in this success lies a… Effective sanctions relief… Read More »

US bombers in show of force against N Korea

Two huge U.S. bombers flew over South Korea on Sept. 13 in a show of force against the North as a top U.S. envoy said China must help close loopholes in sanctions following Pyongyang’s largest-ever nuclear test… PYEONGTAEK, South Korea – Agence France-Presse Source: US bombers in show of force against N Korea – ASIA Read More »

Sanctions Are a Tool, Not a Foreign Policy

The point is to help compromise, not tie the president’s hands.. Timothy Turnbull The chairman of the Senate Foreign Relations Committee, Sen. Bob Corker (R-TN), intends to introduce a bill imposing sanctions on Iran, focusing on individuals and entities involved in the testing of ballistic missiles and other “nefarious activities.”… Source: Sanctions Are a Tool, Not a Foreign Policy | The National Interest Read More »

EU’s Juncker to visit Russia in June amid sanctions debate

European Commission President Jean-Claude Juncker will attend a high-profile economic forum in Russia in June and meet Russian President Vladimir Putin there, officials said on May 30, as the EU weighs whether to renew economic sanctions against Moscow. While several EU leaders including German Chancellor Angela Merkel have visited Russia since it annexed Crimea in 2014, the trip will be Juncker’s first as Europe’s chief executive and has already stirred debate on the EU’s fraught ties with Moscow… Source: EU’s Juncker ... Read More »