Economic Sanctions

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World

Trump aide accuses India of funding Russia’s war

Stephen Miller, deputy chief of staff to former U.S. President Donald Trump, has accused India of effectively funding Russia’s war in Ukraine by purchasing Russian oil, escalating pressure on one of America's key partners in the Indo-Pacific region. Speaking on Fox News’ Sunday Morning Futures, Miller said, “It is not acceptable for India to continue financing this war by purchasing oil from Russia,” and warned that India is nearly on […]

today4 August, 2025

South Africa

US president Donald Trump has reiterated his attacks on South Africa

US president Donald Trump has reiterated his attacks on South Africa, saying the situation in the country is dangerous. He signed an executive order last Friday, cutting US financial assistance to South Africa, citing disapproval of the country’s land expropriation policy and its genocide case against Washington's ally Israel. Trump, who claims that there are widespread land grabs currently happening under the Expropriation Act, says the situation is bad for […]

today11 February, 2025

South Africa

South Africa reacts to the latest executive order issued by Donald Trump

The government of South Africa has reacted to the latest executive order issued by American president Donald Trump. The spokesperson for the Ministry of International Relations and Cooperation, Chrispin Phiri, says it is of great concern that the foundational premise of this order lacks factual accuracy and fails to recognise South Africa's profound and painful history of colonialism and apartheid:  

today10 February, 2025

World

Amnesty International criticizes Trump’s sanctions against ICC

  Amnesty International says US President Donald Trump’s executive order imposing economic sanctions against the International Criminal Court is reckless and vindictive. The order imposes asset freezes and travel bans against ICC staff who were involved in efforts to investigate or prosecute US citizens and certain allies, including Israel.     Amnesty International says institutions like the ICC are needed more than ever, to advance human rights protections, prevent future […]

today7 February, 2025

Business / Economics

Russia Raises Interest Rates to 21% Amid Ongoing Economic Pressures from Ukraine Conflict

Russia's central bank hiked interest rates to 21 percent, taking borrowing costs to their highest level in more than two decades as Moscow's Ukraine offensive triggered rapid price rises at home. The increase takes rates to their highest level since 2003. Despite the high inflation and Western hopes sanctions would cripple the Russian economy, the Kremlin is set to ramp up military spending yet again next year. Analysts say Moscow […]

today28 October, 2024

World

Shadow war no more: Hostilities between Israel and Iran have strayed into direct warfare – is there any going back?

Israel’s air defense system intercepted nearly all missiles fired from Iran on April 13, 2024. AP Photo/Tomer Neuberg     By Javed Ali, University of Michigan   For decades, Iran and Israel have been engaged in a “shadow war.” Falling short of direct military confrontation, this conflict has been characterized by war through other means – through proxies, cyber attacks, economic sanctions and fiery rhetoric. Events over the last few […]

today15 April, 2024

Africa

US imposes new sanctions on Zimbabwe

The US has imposed sanctions on Zimbabwe's President Emmerson Mnangagwa for corruption and human rights abuses. The order, according to the BBC, also affects other senior leaders in the country - blocking their assets in the US and barring them from unofficial travel there. The new sanctions replace a broader programme that was introduced two decades ago. The White House said, “We continue to witness gross abuses of political, economic, […]

today5 March, 2024