Sanctions - Page 38

December 20, 2015

US will reportedly hit Infosys with record fine for immigration violations

The United States government is preparing to hit India-based outsourcing giant Infosys with the largest immigration fine ever levied, after an investigation found that the company illegally placed workers on visitor visas at American corporate clients. 

December 20, 2015

Obama reportedly wants to cut Congress out of Iran deal

The Obama administration reportedly wants to cut Congress out of any nuclear deal with Iran – at least for the short-term -- fearing they would lose if any measure to lift sanctions came to a vote.

December 20, 2015

Rouhani ties Iran cooperation on Mideast violence to nuke deal

Iranian President Hassan Rouhani on Thursday sought to leverage the crisis in the Middle East to ease sanctions on his country as part of nuclear talks, suggesting during a United Nations address that security cooperation between Iran and other nations could only occur if they struck a favorable nuclear deal.

December 20, 2015

US sanctions foreign fighter facilitators

The Treasury Department on Wednesday imposed sanctions on eight people it says have helped finance or facilitate the movement of foreign fighters joining the Islamic State and the Nusra Front, two Syrian extremist groups that have been the subject of recent American military strikes.

December 20, 2015

Obama administration sanctions Russia's largest bank

The Obama administration Friday announced new penalties against Russia’s largest bank and expanded sanctions on the nation’s energy and defense sectors, pledging additional economic punishment if Russian President Vladimir Putin continues his incursions in Ukraine.

December 20, 2015

US sanctions 3 firms for aiding Syrian government

The Treasury Department is sanctioning three companies suspected of aiding the Syrian government, which is fighting opposition forces in a civil war that has killed more than 160,000 people.

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.

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. 

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. 

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.