The Trump administration on Tuesday imposed sanctions on additional aspects of Iran’s aviation industry, targeting more than two dozen commercial and private airlines as well as foreign cargo service providers in its new push to isolate Tehran from its remaining trading partners. The latest actions are part of the Trump administration’s Operation Economic Outcast campaign
NEW YORK — NEW YORK (AP) — Huawei Technologies, a leading Chinese tech company, faces a criminal racketeering trial in New York over charges that it stole technology, plotted to steal U.S. trade secrets and committed wire and bank fraud, among other crimes. Jury selection is scheduled to begin Tuesday. The indictment alleges that, besides
WASHINGTON — The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi come nearly a week after Treasury Secretary Scott Bessent announced “Operation Economic Outcast” as the
WASHINGTON — Confronted by an intransigent Iranian government that has refused to back down in the face of a massive military campaign, President Donald Trump appears to have settled on a dual-prong approach that combines economic pressure with the potential of a devastating escalation in force. Having launched “Operation Economic Outcast” just last week to
ASHEVILLE, N.C. — President Donald Trump’s administration plans to impose sanctions on another bank this week as it intensified efforts to economically isolate Iran, U.S. Treasury Secretary Scott Bessent told The Associated Press on Sunday. “This is going to be financial violence if we have to,” Bessent said in the interview. “We are showing people
An event Saturday in New York City, featuring the head of a Hindu nationalist group instrumental in putting India’s ruling party in power, is being met with protests, a denunciation from the city’s mayor and a call for sanctions from a U.S. panel on religious freedom. Mohan Bhagwat, chief of the Rashtriya Swayamsevak Sangh, widely