World News by Wild Rose

Iran is struggling with shortages as sanctions and blockade strain food and medicine supply chains.

Cuban Deputy Foreign Minister Carlos Fernández de Cossío tells Bloomberg This Weekend host David Gura that Cuba remains ready for talks with the US, but says continued sanctions and economic pressure are hampering the island’s efforts to reform its economy. De Cossío also says Cuba would welcome greater US investment and hopes the confrontation can ultimately end through negotiations. (Source: Bloomberg)

Cuba’s deputy foreign minister Carlos Fernández de Cossío told Bloomberg that US sanctions are holding back Havana’s 176-measure market opening, and that easing pressure would make it “truly irreversible”. Washington says no one will invest under Cuba’s current model. The post Cuba Says US Sanctions Are Holding Back Its Opening to Private Business appeared first on The Rio Times.

UAE joins Oman, Iraq, Azerbaijan, Georgia and Turkmenistan in restricting access to Iranian airlines.

Standard Chartered Plc Chief Executive Officer Bill Winters said the bank had shut down the accounts used by a Russian money laundering ring after it discovered attempts to circumvent Western sanctions imposed in the wake of the invasion of Ukraine.

Analysts say new sweeping US sanctions stand to worsen lives of millions of Iranians struggling in battered economy.

Why did the U.S. introduce the Lindsey O. Graham Sanctioning Russia and Iran Act, 2026? What does this new law say about tariffs? What particular condition impacts India’s imports of Russian oil? How could this impact India’s economy? Is there any provision for a waiver of tariffs?

U.S. Treasury Secretary Scott Bessent announced ‘Operation Economic Outcast’, which essentially involved new sanctions that aim to block all potential sources of revenue for Iran

India has warned Washington that new measures to levy tariffs over the purchase of Russian oil could impact bilateral ties, the South Asian nation's foreign ministry said on Thursday, hours after the U.S. made a ​new move to ‌punish such buyers. Earlier in the day, the U.S. House of Representatives passed a sweeping sanctions and tariff bill intended ⁠to increase economic pressure on Russia over its invasion of Ukraine. FRANCE 24's Emerald Maxwell reports.

Iran has faced a torrent of international sanctions since the 1979 revolution - here's what's in place right now.

Continental Resources signed a memorandum with PDVSA and Exxon is reported in talks. The law changed in January, but the sanctions did not go away. The post Venezuela Reopened Its Oil Fields, and Exxon Has Still Not Said Yes appeared first on The Rio Times.

The Prudential Authority has published no bank sanction at all in 2026. The last entry on its register is dated June 2025, before the grey list exit. The post South Africa Left the Grey List and Its Bank Regulator Has Not Fined Anyone Since appeared first on The Rio Times.

Russia’s oil-processing is being degraded as sanctions prevent the refining industry from recovering from more intense and precise Ukrainian drone strikes, according to the International Energy Agency.

Nicaragua has granted a Chinese-owned company linked to one sanctioned by Washington the right to prospect and dig for gold across 262 sq km (101 sq miles) of rainforest, about a quarter the size of Hong Kong. The 25-year concession over the block, named Jade, went to Linze Excelente Mineria, a company that appeared in Nicaragua’s mining registry only last year. The block is in a corner of the country where prospectors first struck gold in 1880. Corporate filings list Lijun Dong as legal...

The US on Tuesday issued 36 ⁠fresh Iran-related sanctions targeting Iran’s aviation sector and other companies as part of a broad push to escalate economic pressure on Tehran as the war in the Middle East entered a seventh month. The US Treasury Department said the action was aimed at grounding Iran’s Mahan Air, already sanctioned by the US and the European Union, and all other Iranian airlines. The sanctions also ‌took aim at covert front companies, foreign intermediaries and deceptive...

The Trump administration is intensifying economic pressure on Iran through sanctions and a blockade, with Treasury Secretary Scott Bessent saying Tehran has about 30 million barrels of crude left for potential Chinese buyers. Bloomberg News Middle East Reporter Dan Williams joins Christina Ruffini and Jeff Mason on Bloomberg This Weekend and says the strategy also amounts to a test of endurance, as Washington seeks to outlast Tehran while managing its relationship with China and domestic political pressures. (Source: Bloomberg)

Cuba announces new pro-market reforms amid threats of military attack from the Trump administration.