Switzerland to vote on neutrality after accepting Russia sanctions
Switzerland is in the midst of a new debate following the country’s decision to impose sanctions on Russia over its invasion of Ukraine. The public wants a referendum on neutrality, which they see as a break with the country’s long-standing neutrality. Activists and the right-wing People’s Party, the largest party in parliament, want to enshrine […]
Yellen to Chinese banks: We’ll sanction them if they help Russian war machines
US Treasury Secretary Janet Yellen announced that the US could impose sanctions on Chinese banks and companies as well as the Beijing government if they help the Russian military. US Treasury Secretary Janet Yellen gave an interview to CNBC’s Sara Eisen and said, “We are prepared to take action if we see significant violations, particularly […]
UN expert to EU: Sanction Israel, not individuals
UN Special Rapporteur Francesca Albanese compared the West’s outrage over aid workers in Gaza to its reaction to murdered Palestinians and accused the West of racism. Albanese says the EU should sanction the state of Israel, not just extremist settlers. “Settlers operate as part of Israel’s expansionism over what is left of historic Palestine,” Francesca […]
China sanctions 2 US companies over Taiwan
China has sanctioned two US defense companies for supporting arms sales to Taiwan, which China says it can take back by force if necessary. This is a rare development. It includes freezing the assets of General Atomics Aeronautical Systems and General Dynamics Land Systems in China. It also bans company management from entering the country. […]
2 Russian billionaires win the case: They got EU sanctions canceled
Russian businessmen Mikhail Fridman and Petr Aven were sanctioned by the European Union for their alleged role in Russia’s invasion of Ukraine. They won their lawsuit and succeeded in having the sanctions against them annulled. The EU General Court ruled that the evidence was insufficient. It upheld their request to be removed from the list […]