#sanctions

#sanctions

Donald Trump hints at lifting sanctions on Ankara buying F-35 jets during meeting with Recep Tayyip Erdogan. For the first time in six years, Turkish President Recep Tayyip Erdogan has returned to the White House for a high-stakes meeting with Donald Trump aimed at resetting strained ties. The two leaders had much to discuss, from deals on Ankara buying fighter jets to deep divides over Gaza and Russia.

Luiz Inacio Lula da Silva, Brazil's president, has launched an impassioned defence of his country's democracy, claiming the recent conviction of his far-right predecessor, Jair Bolsonaro, had shown the world how would-be autocrats could be brought to heel. Speaking at the opening of the United Nations general assembly in New York, Lula hailed Brazil's successful effort to repel an unprecedented attack from Bolsonaro's extreme right movement.

The EU executive has called for a suspension of free trade with Israel and sanctions on two far-right Israeli ministers in response to the humanitarian crisis in Gaza. Ursula von der Leyen had already floated the proposal to suspend the trade parts of the EU-Israel association agreement last week as the European Commission faced intense pressure for greater action amid criticism that it was not using its economic leverage to influence the Israeli government.

Experts believe that any effective strategy to address the incursions must be focused on deterring Russian President Vladimir Putin. And despite earlier promises to impose stricter sanctions on Russia if President Putin does not end the war in Ukraine, President Donald Trump now says that the U.S. will only carry through with those sanctions if NATO member states do the same and end all purchases of Russian oil.

I am ready to do major sanctions on Russia when all NATO nations have agreed, and started, to do the same thing, and when all NATO nations stop buying oil from Russia. As you know, NATO's commitment to win has been far less than 100%, and the purchase of Russian oil, by some, has been shocking. It greatly weakens your negotiating position and bargaining power over Russia. Anyway, I am ready to 'go' when you are. Just say when?

The commission is the EU's executive arm. It proposes laws that impact the lives of around 450 million people across 27 countries, and monitors whether those rules are respected. In recent years, it has helped Europe to survive fallout from the COVID-19 pandemic, break its dependency on Russian energy supplies and cope with a trade war launched by a traditional ally like the U.S.

Syria's Deir Az Zor is rich in oil. But the eastern province has been devastated by years of civil war. After nearly 14 years of civil war, Syria's economy is in tatters. Its infrastructure is in ruins. The nation's new leadership faces the daunting challenge of rebuilding it. The government is betting heavily on foreign investment to jump-start growth. And some of the Western sanctions are eased.

Crude oil prices were volatile and retreated following a sanctions-driven surge on Tuesday. The market could remain sensitive to the possibility of fresh US sanctions and is assessing the measures targeting vessels involved in Iran's oil shipping network. Traders could also remain cautious ahead of Sunday's OPEC+ meeting on September 7th. The consensus anticipates that the eight members participating in voluntary cuts to maintain current levels, putting a pause to their production increases and potentially anchoring prices within the established range.

We'll be doing something to help people live...Seven thousand people are dying every week -- soldiers, mostly. And if I can help to stop that, I think I have an obligation to do it,

Belgium's deputy prime minister Maxime Prevot announced the move during the night after complex negotiations within the governing five-party coalition. He also announced 12 sanctions measures against Israel, including a ban on the import of products from occupied territories and restrictions on consular aid to Belgians living in those areas. The Belgian government will also declare persona non grata (not welcome on Belgian soil) two far-right Israeli ministers, Itamar Ben Gvir and Bezalel Smotrich, as well as several violent Israeli settlers and Hamas leaders.

I'm going to make a decision as to what we do and it's going to be a very important decision, and that's whether or not it's massive sanctions or massive tariffs or both, or we do nothing and say it's your fight, Trump said, showing apparent frustration at Moscow a week after his meeting with Putin in Alaska.