Sanctions and embargoes

TV screens shows U.S. President Donald Trump, right, meeting with North Korean leader Kim Jong Un in Singapore, during a news program at Yongsan Electronic store in Seoul, South Korea, South Korea, Tuesday, June 12, 2018. (AP Photo/Ahn Young-joon)
June 12, 2018 - 8:37 am
TOKYO (AP) — South Koreans cheered, Iran warned that President Donald Trump should not be trusted and China said it may be time to discuss lifting sanctions on North Korea as Trump and North Korean leader Kim Jong Un held an unprecedented summit Tuesday in Singapore. Around Asia and the world, many...
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June 11, 2018 - 1:14 pm
WASHINGTON (AP) — The Trump administration on Monday slapped sanctions on several Russian companies and businessmen for engaging in cyberattacks and assisting Russia's military and intelligence services with other malicious activities. The Treasury Department said it was imposing sanctions on five...
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President Donald Trump welcomes Japanese Prime Minister Shinzo Abe to the White House in Washington, Thursday, June 7, 2018. Abe is expected to make sure Trump doesn't overlook Japan's security and other concerns at next week's U.S.-North Korea summit. (AP Photo/Manuel Balce Ceneta)
June 08, 2018 - 7:18 am
WASHINGTON (AP) — Heading into his North Korea summit with characteristic bravado, President Donald Trump says that "attitude" is more important than preparation as he looks to negotiate an accord with Kim Jong Un to denuclearize the Korean Peninsula. He's also rebuffing any advice from Democrats,...
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FILE- In this combination of file photos, U.S. President Donald Trump, left, in the Oval Office of the White House in Washington on May 16, 2018, and North Korean leader Kim Jong Un in a meeting with South Korean leader Moon Jae-in in Panmunjom, South Korea, on April 27, 2018. Ahead of a planned summit Tuesday, June 12, in Singapore between President Donald Trump and North Korean autocrat Kim Jong Un, there has been talk of complete denuclearization, North Korea has shut down (for now) its nuclear test site, and senior U.S. and North Korean officials have shuttled between Pyongyang and Washington for meetings with Kim and Trump. The top U.S. diplomat declared that “Chairman Kim shares the objectives with the American people” amid talk of a grand bargain that could see North Korean disarmament met with a massive influx of outside aid. (AP Photo/Evan Vucci, Korea Summit Press Pool via AP, File)
June 08, 2018 - 1:37 am
SEOUL, South Korea (AP) — It may be the strangest feeling in decades to descend on the Korean Peninsula — a wave of optimism, and not always of the cautious variety, when it comes to North Korea and its nuclear bombs. Ahead of a planned summit Tuesday in Singapore between President Donald Trump and...
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June 07, 2018 - 11:58 am
WASHINGTON (AP) — President Donald Trump is seizing upon an investigation by Senate Republicans that found the Obama administration secretly tried to give Iran brief access to the U.S. financial system by sidestepping U.S. sanctions in place after the 2015 nuclear deal. Trump writes on Twitter —...
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FILE - In this Aug. 14, 2017, file photo distributed by the North Korean government, North Korean leader Kim Jong Un acknowledges a welcome from the military officers during his visit to Korean People's Army's Strategic Forces in North Korea. Kim’s diplomatic charm offensive could be a godsend for his generals. There is virtually no aspect of the North Korean economy that doesn’t have the military’s fingerprints all over it. If Kim’s strategy of busting support for sanctions by negotiating with U.S. President Donald Trump and others pays off, his million-man military could be one of the biggest winners. Independent journalists were not given access to cover the event depicted in this image. (Korean Central News Agency/Korea News Service via AP, File)
June 06, 2018 - 10:06 pm
TOKYO (AP) — While raising hopes for denuclearization and a peace treaty to finally end the Korean War, North Korean leader Kim Jong Un's newly found focus on diplomacy comes with an ironic flipside: It could be a godsend for his generals. Kim's thinking on how his military fits in to his plans to...
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FILE - In this April 16, 2018, file photo, Sen. Rob Portman, R-Ohio, speaks during a news conference in Cincinnati. The Obama administration secretly sought to give Iran brief access to the U.S. financial system by sidestepping sanctions kept in place after the 2015 nuclear deal, despite repeatedly telling Congress and the public it had no plans to do so. That’s according to an investigation by Senate Republicans released June 6. “The Obama Administration misled the American people and Congress because they were desperate to get a deal with Iran,” said Portman, the subcommittee’s chairman. (AP Photo/John Minchillo, file)
June 06, 2018 - 2:34 pm
WASHINGTON (AP) — After striking an elusive nuclear deal with Iran, the Obama administration found itself in a quandary in early 2016: Iran had been promised access to its long-frozen overseas reserves, including $5.7 billion stuck in an Omani bank. To spend it, Iran wanted to convert the money...
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June 06, 2018 - 7:25 am
LONDON (AP) — Britain, France and Germany have joined forces to urge the United States to exempt European companies from any sanctions the U.S. will slap on Iran after pulling out of an international nuclear agreement. In a letter dated Monday to U.S. Treasury Secretary Steven Mnuchin and Secretary...
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FILE - In this Dec. 19, 2011, file photo, North Korean officials wait for passengers to board an Air China flight at Pyongyang airport in Pyongyang, North Korea. State-owned Air China will resume flights to North Korea's capital on Wednesday, June 6, 2018, an airline employee said, amid preparations for a possible meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un. (AP Photo/Greg Baker, File)
June 05, 2018 - 6:34 am
BEIJING (AP) — State-owned Air China will resume flights to North Korea's capital on Wednesday, an airline employee said, amid preparations for a possible meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un. Air China's decision in November to suspend flights to...
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In this Monday, April 9 2018 photo, the sun sets over the skyline of the Latvian capital of Riga. Latvia has come into focus as a potential weak link in the West’s banking system as the U.S. and EU increasingly rely on financial sanctions as a weapon in their diplomatic spats with North Korea, but also Russia and Syria, among others. (AP Photo/David Keyton)
June 01, 2018 - 9:08 am
RIGA, Latvia (AP) — When the U.S. hit North Korea with sanctions last year, Pyongyang's state-owned banks found a quiet backchannel to keep money flowing to the country's ballistic missile programs, the U.S. says: the tiny European country of Latvia. One of the biggest banks in Latvia — a member...
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