World Feb 11

Countries curb diplomatic ties, weigh sanctions on Myanmar

A growing number of governments are curbing diplomatic ties with Myanmar and increasing economic pressure on its military over the coup last week that erased the fragile democratic progress in the long-oppressed Southeast Asian nation.

Economy Oct 08

U.S. sanctions hit all of Iran’s financial sector

The Trump administration has blacklisted virtually all of Iran’s financial sector, dealing another blow to an economy that is already reeling under U.S. sanctions. The move will deepen tensions with European nations over Iran.

World Oct 02

EU sanctions Belarus over election, gets in-kind response

The European Union has imposed sanctions Friday on 40 officials suspected of election misconduct and a brutal security crackdown on protesters in Belarus, which quickly retaliated by announcing its own sanctions against the EU.

Mar 12

Iran asks for billions in loans as virus death toll climbs

Iran asked the International Monetary Fund for a $5 billion loan to fight the coronavirus, the first time since the 1979 Islamic Revolution that it has sought such assistance, in a staggering admission of how fragile its economy has become…