December 10, 2012 |
WASHINGTON -- Britain's Standard Chartered bank has agreed to a $327-million settlement with U.S. officials, who have been investigating the bank for possible violations of economic sanctions against Iran and other countries. The settlement, announced Monday, includes $132 million paid to the Treasury Department's Office of Foreign Asset Control and $100 million paid to the Federal Reserve. Treasury officials said the settlement resolves probes into apparent violations by the bank's London and Dubai offices from 2001 to 2007 of U.S. economic sanctions against Iran, Burma, Libya and Sudan, as well as a case involving sanctions related to foreign narcotics kingpins.
November 16, 2011 |
Arab foreign ministers Wednesday gave Syria three days to cease what one league official called its "bloody repression" against its people or face economic sanctions, the latest sign of President Bashar Assad's growing isolation. The move by ministers meeting in Rabat, Morocco, came as Syria's humiliating suspension from the Arab League became effective. The 22-member organization on Saturday decided it would suspend Syria by Wednesday if it did not implement a league-brokered peace plan.
October 26, 2011 |
The Obama administration was encouraged by Myanmar's recent release of some prisoners under a "humanitarian" amnesty but wants to see more reforms before the U.S. considers lifting economic sanctions on the impoverished nation, officials say. The military government in the Southeast Asian nation has appeared more flexible with political opponents in major cities, but violence has continued against ethnic minorities in the rural north and east, Derek...
October 13, 2011 |
Myanmar released fewer prisoners Wednesday than some activists and relatives expected, deflating hope that the regime was trying to dramatically improve its battered human rights reputation. Between 120 and 300 detainees were set free out of a total of 6,359 granted a "humanitarian" amnesty that coincides with a religious holiday and a trip to India by President Thein Sein. The number was difficult to pin down immediately because of staggered release times at prisons across the country, also known as Burma.
February 23, 2011 |
President Obama on Wednesday condemned Moammar Kadafi's bloody crackdown on pro-democracy demonstrators in Libya, saying he had ordered his administration to prepare "a full range of options" to handle the crisis as the death toll rose into the hundreds. Although Obama described the violence in Libya as "outrageous" and "unacceptable," he did not specify any potential actions against Kadafi and did not call on him to resign. A senior administration official said the White House does not want to give Kadafi a chance to cast himself as a patriot resisting American pressure.
January 30, 2010 |
Secretary of State Hillary Rodham Clinton warned China on Friday that it faced international pressure and increasing isolation unless it joined other world powers in sanctioning Iran to try to halt Tehran's nuclear ambitions. The admonishment from Clinton came on the same day the Pentagon announced more than $6 billion in arms sales to Taiwan, a move certain to infuriate Beijing and add a new complication to the U.S.-Chinese relationship. Clinton, speaking at a leading French military academy in Paris, said that China and five other leading nations had been united in trying to persuade Iran to halt uranium enrichment that they fear is aimed at developing nuclear weaponry.