Investigations December 20, 2015 Justice Department reportedly nears settlement with BNP Paribas over sanctions violations U.S. prosecutors and BNP Paribas have reached an agreement on the general outline of a deal that would require France's largest lender to pay between $8 billion and $9 billion in fines for allegedly covering up $30 billion in transactions that violate U.S. sanctions, according to a published report.
Investigations December 20, 2015 France says mooted $10B fine of BNP Paribas is 'unreasonable' France's foreign minister has criticized the U.S. after it was reported that France's largest lender, BNP Paribas, could face a fine of at least $10 billion as a result of allegations that the bank violated U.S. sanctions.
Sanctions December 20, 2015 Feds reportedly investigating Rodman for violating sanctions against N. Korea The Treasury Department is reportedly investigating whether Dennis Rodman broke the law by bringing North Korean leader Kim Jong Un thousands of dollars in luxury gifts on his most recent trip to Pyongyang.
Sanctions December 20, 2015 Obama signs bill to sanction Venezuelan officials President Barack Obama has signed legislation into law allowing him to sanction Venezuelan government officials who were involved in a crackdown on anti-government protesters.
Sanctions December 20, 2015 Obama signs Russia sanctions bill, no new penalties planned President Barack Obama signed legislation Thursday authorizing new sanctions on Russia but said he does not plan to impose the penalties outlined in the measure.
Sanctions December 20, 2015 Obama officials mum on reports White House weighing sanctions on Israel The Obama administration is refusing to discuss reports that emerged early Thursday claiming that the White House is considering imposing sanctions on Israel for continuing construction on Jewish homes in Jerusalem.
Alliances December 20, 2015 Obama confronts shortcomings in Burma reforms In Burma's remote capital, President Barack Obama will confront a nation backsliding in its pledges to enact economic and political reforms that were rewarded with U.S. sanctions relief and made the long-isolated country a darling of Obama's efforts to stake out a legacy in Asia.
Europe December 20, 2015 Obama talks Ukraine with Putin as White House hints new sanctions are coming President Obama had a series of brief meetings Tuesday with Russian President Vladimir Putin on the sidelines of the Asia-Pacific Economic Cooperation summit in Beijing as the White House said it was looking at ways to get tougher on Russia over its continuing aggression in Ukraine.
Sanctions December 20, 2015 US plans to use anti-tax evasion law to penalize Russian banks, investors over Ukraine The United States is planning to use an anti-tax-evasion law to punish Russia for its actions in Ukraine, a tactic that could prove to be more costly than sanctions.
