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EU Renews Sanctions Against Top Officials

EU Renews Sanctions Against Top Officials

 Despite all the lobbying, the European Union has renewed sanctions against the DR Congo’s top officials. These sanctions were first imposed on December 12, 2016, and renewed on March 29, 2017. The sanctions consist of travel bans and asset freezing, and a ban on making funds or economic resources available to, or engaging in transactions […]

Iran Sanctions May Not Cause Oil Shortage In Nigeria – Says, Petroleum Minister

Iran Sanctions May Not Cause Oil Shortage In Nigeria – Says, Petroleum Minister

U.S. sanctions on Iran won’t necessarily translate into a global shortage of oil, according to Nigerian Petroleum Minister Emmanuel Ibe Kachikwu. “Everybody assumes that once they put the sanctions on Iran, you’re going to lose that production,” Kachikwu said in Cape Town, appealing for patience until there’s more clarity on the impact of the penalties. […]