City Sanction Financial News

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Subscribe to enjoy similar stories.The joint military strikes by the US and Israel on Iran in late February triggered a shockwave far beyond the energy markets, severely disrupting global commodity markets, especially fertilizers. India depends on imports for 25% of its urea, 90% of its phosphate, and its entire supply of potash.

Subscribe to enjoy similar stories. With the US's recent invasion of Venezuela, and sanction and tariff threats on trade with Iran, the so-called global ‘shadow fleet’ of oil tankers is in focus again. Used to transport oil by countries under Western sanctions such as Russia, Iran and Venezuela, the size of this fleet has grown manifold and now accounts for an estimated 18.5% of global tanker capacity, according to S&P Global.

Subscribe to enjoy similar stories. When a series of commercial vessels were recently impounded under newly tightened sanction enforcement, the ripple effects were felt far beyond the intended target. Ships that had been quietly moving sanctioned cargo or operating in regulatory grey zones were abruptly removed from circulation.

The new National Security Strategy of the US seeks “strategic stability” with Russia. It declares that China is merely a competitor, that the Middle East is not central to American security, that Latin America is “our hemisphere” and that Europe faces “civilizational erasure.” India barely rates a mention; one might say, as Neville Chamberlain did of Czechoslovakia in 1938, that it’s “a faraway country... of which we know nothing.” Well, so much the better for India, which can take care of itself.The realpolitik of this document is breathtaking, yet the underlying logic is not stated.

Bank of Baroda on Thursday announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students. The PM-Vidyalaxmi Scheme is an initiative by the central government for students seeking financial assistance to pursue higher education and to ensure that financial constraints do not deprive the youth of India from pursuing quality higher education. Applicants can digitally apply for an education loan under the PM-Vidyalaxmi Scheme from Bank of Baroda through the PM-Vidyalaxmi portal, the public sector lender said in a release.

Trump news updates LIVE: US President Donald Trump is set to deliver remarks to the media shortly, with expectations high regarding potential statements on key policy issues and ongoing developments in his administration.While the White House has not disclosed specific topics, Trump’s address comes amid rising economic concerns, including weaker-than-expected job growth in February, the impact of his federal workforce cuts, and new trade tariffs.Also, Trump’s remarks may touch on foreign policy matters, particularly the ongoing Russia-Ukraine war and his recent statement on potential new sanctions against Moscow.The media briefing follows a period of heightened political and economic activity, and analysts will be closely watching for any policy shifts or announcements that could shape the administration’s next steps.US President Donald Trump has announced that he is "strongly considering" imposing large-scale economic sanctions on Russia in response to its intensified military offensive in Ukraine. In a post on Truth Social, Trump emphasised the urgency of diplomatic negotiations while threatening severe financial measures."Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED," Trump wrote."To Russia and Ukraine, get to the table right now, before it is too late.

Subscribe to enjoy similar stories. At times, the Berlinale assumes the form of a tinderbox waiting to explode.

terrorism pats itself on the back claiming to fight against the scourge, Delhi's envoy told a UN Security Council meeting chaired by China.

Subscribe to enjoy similar stories. The West’s economic weapons are missing their target. Last month Russia exported near-record volumes of oil, at a decent price.

P Chidambaram on Wednesday moved the Delhi High Court challenging the cognisance of money laundering charges against him by a trial court in the INX Media case and argued the mandatory sanction to prosecute him wasn't obtained. Senior counsel N Hariharan appearing for the Congress leader argued that in 2021, when the trial court took cognisance of the offences under the Prevention of Money Laundering Act (PMLA) following the filing of a chargesheet, requisite sanction was not been obtained by the ED for prosecuting him in the case. It was argued that since Chidambaram was a public servant at the time when the alleged offence took place, the agency was bound to have obtained sanction in terms of the provisions of the CrPC and the PMLA. The ED counsel said in the money laundering case, the allegations against the accused could not be part of discharge of any official duty.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

The U.S. Securities and Exchange Commission (SEC) announced on Friday its intent to pursue sanctions against Elon Musk.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

A recent report from the Federal Reserve Bank of New York, released on Wednesday, revealed that Ethereum block builders have largely adhered to the sanctions imposed on the crypto mixer Tornado Cash.

Turkey’s communications authority has blocked access to the social media platform Instagram

Jammu and Kashmir administration has formed a seven-member panel to identify foreign nationals who have been illegally overstaying in Jammu and Kashmir for the past 13 years, aiming to facilitate their deportation. The panel has been tasked with gathering biographic and biometric details of illegal migrants and maintaining an updated digital record regularly. «Sanction is hereby accorded to the re-constitution of the committee to identify foreign nationals illegally overstaying in the Union Territory of Jammu and Kashmir since 2011», Principal Secretary to the Government, Home Department, Chandraker Bharti said in an order. The administrative secretary of the home department will chair the panel. Other members include the Foreigners Regional Registration Officer (FRRO) of Punjab, the Criminal Investigation Department (Special Branch) of the Jammu and Srinagar headquarters, and all district SSPs and SPs (Foreigners Registration), along with the state coordinator, NIC.

Western Moscow Exchange sanctions look set to drive up Russian interest in cryptoassets such as USDT, a survey of traders and investors has found.

Venezuela’s President Nicolás Maduro and the government are seeking ways to circumvent the recent US sanctions using crypto, alleged critics.

Mohammad Mokhber, 68, has been appointed as Iran's interim president following the death of Ebrahim Raisi in a helicopter crash. Mokhber, Iran's first vice president, now leads a three-person council responsible for organizing a new presidential election within 50 days.