President of the United States Barack Obama and Chancellor of Germany Angela Merkel held a press conference on May 2, 2014. They discussed the situation in Ukraine, potential additional sanctions against Russia, the Transatlantic Trade and Investment Partnership (T-TIP), and negotiations on rules for intelligence collection.
Robert Kahn argues that the West should be ready to impose more robust economic sanctions against Russia, in order to deter it from further infiltrating or destabilizing Ukraine. Russia's economic complexity means sanctions would meaningfully reduce Russian wealth and growth, since Russian oligarchs and business leaders have significant financial stakes in the West.
The Foreign Policy Initiative organized fifty-two former U.S. government officials and foreign policy experts to sign a bipartisan letter to President Obama regarding policy to respond to Russia's actions in Ukraine.
"Industry lobbies estimate that 300,000 German jobs at 6,000 companies are dependent on trade with Russia. Exports to Russia totalled €36bn last year, with machinery, vehicles and vehicle parts together accounting for 40 per cent."
Broad-based international economic sanctions on Iran have significantly impaired its economy and brought the regime to the negotiating table, but the recently concluded interim nuclear agreement remains controversial among many members of Congress.
The P5+1 (the United States, United Kingdom, Germany, France, Russia, and China, facilitated by the European Union) met with Iran in Geneva to discuss a diplomatic resolution regarding Iran's nuclear program. They released an initial plan of action November 24, 2013. The State Department released updates on January 12, 2014, and on July 22, 2014. On April 2, 2015, the group released the P5+1 Joint Comprehensive Plan of Action (JCPOA) on Iran's Nuclear Program.
The UN Security Council's Monitoring Group on Somalia and Eritrea submitted this report on July 12, 2013, pursuant to resolutions 751 (1992) and 1907 (2009) concerning Somalia and Eritrea and in accordance with paragraph 13 (m) of Security Council resolution 2060 (2012). These resolutions address how the UN Security Council will monitor peace and security efforts in the region and report on violations such as trading arms and charcoal or funding terrorist organizations.
Cuba has entered a new era of economic reform that defies easy comparison to post-Communist transitions elsewhere. Washington should take the initiative and establish a new diplomatic and economic modus vivendi with Havana.
The Russian Foreign Ministry released this list on April 13, 2013, in response to the U.S. Treasury April 12 sanctions barring certain Russian citizens barred from entering the United States under the Magnitsky Act.
Iranian Supreme Leader Ayatollah Khamenei gave his annual message on the occasion of the Persian New Year, or Norouz, on March 20, 2013. He calls this "The Year of Political and Economic Valor" and encourages Iranians to buy products made in Iran because of current economic sanctions.
The UN Security Council passed this resolution including economic sanctions on North Korea on March 7, 2013, after North Korea's nuclear test on February 12, 2013. North Korea said it will end its armistice agreement with South Korea if the resolution passed.