31 Jan 2019

Venezuela’s Maduro Has 20 Tons of Gold Ready to Ship. Address Unknown

Sources have indicated that the Maduro regime in Venezuela has set aside nearly $1 billion in gold reserves, around 20% of the country’s total, for departure to an unknown location. The regime has been propped up from complete collapse through billions of dollars from Russia and China, and some have

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29 Jan 2019

Treasury sanctions Venezuela’s state-owned oil firm

The U.S. has announced targeted sanctions against Venezuela’s state-owned PDVSA. Rather than imposing a complete embargo on Venezuelan oil exports, however, the sanctions target only sales whose funds could be accessed by the Maduro regime. The sanctions, therefore, are working to transfer oil wealth away from the Maduro regime, where

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24 Jan 2019

Iran discovers oil in Abadan region: minister

The Iranian Oil Minister has announced the discovery of oil deposits in its southwestern province bordering Iraq for the first time. The estimated size of the deposit has not been shared, but it comes at a time of U.S. sanctions that have created difficulties for Iranian oil exports. The U.S.

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17 Jan 2019

Trump considering oil embargo, recognition of Juan Guaido as Venezuela’s legitimate President

President Trump is reportedly considering the possibility of recognizing the President of the Venezuelan National Assembly and leader of the political opposition bloc as the country’s legitimate president, according to several sources. President Trump is also reportedly considering a full embargo against Venezuelan oil, which would increase US gas prices by

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27 Dec 2018

Russia faces higher inflation, economic slowdown in 2019

“Russian economic growth has been below the global average in the past few years, hampered by a weak and volatile currency, a drop in oil prices, and by sanctions first imposed by the European Union and the United States in 2014 after Russia’s annexation of Crimea. Russia’s seizure of three

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20 Dec 2018

Open Scientific Collaboration May Be Helping North Korea Cheat Nuclear Sanctions

“For years, the world has imposed strict sanctions on North Korea in an attempt to stop its development of nuclear weapons. Officials from nations across the globe have seized shipments of raw materials, shut down shell companies and interdicted ships smuggling equipment. But despite these efforts, last year North Korea

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03 Dec 2018

Factbox: Contrasting Chinese, U.S. statements on trade war agreement

China and the US came to a limited agreement over the weekend concerning the ongoing trade war between the two countries. Each country, however, presented the agreement in a different way. These differences in interpretation or presentation are important, as massive portions of the economy rely on the negotiations that

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26 Nov 2018

Jamal Khashoggi killing: Finland, Denmark, Germany halt arms sales to Saudi Arabia

“Three countries have halted arms sales to Saudi Arabia while the U.S. has stuck by the kingdom after the killing of Washington Post columnist Jamal Khashoggi. Finland and Denmark joined Germany this week in halting all future arms sales and sending of military equipment to the Saudi government. Germany and

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20 Nov 2018

Germany announces ban on arms exports to Saudi Arabia

“The German government has halted arms sales to Saudi Arabia and slapped a travel ban on a group of Saudi nationals in response to the killing of Jamal Khashoggi, according to news reports on Monday. German daily Die Welt reported that all exports of arms would be stopped, including deals

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14 Nov 2018

Iran prepares cryptocurrency as US cuts SWIFT services

Iranian access to the SWIFT financial system has now been cut off as part of US sanctions against the regime. While the SWIFT system is supposed to be an independent entity, the US has demonstrated its influence and control over it in this instance, leading critics to more actively support

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