US Treasury

US Sanctions Against Yemeni Bank Supporting Houthis

The US Department of the Treasury announced on Saturday a series of sanctions targeting a Yemen-based bank (Yemen Kuwait Bank for Trade and Investment Y.S.C), for its financial support of Ansar Allah forces (another name given to the Houthis). Designated a terrorist organization by the United States, “the Houthis continue to attack US military ...

The Augean Stables Trump Must Clean Up

President-elect Donald Trump faces a host of complex challenges as he prepares for his January 20 inauguration. Amid a deeply polarized America, he aims to unite the nation and tackle its pressing issues. Here are the key priorities for his presidency: The Economy: A Top Priority Trump has made the economy the centerpiece of his agenda, vowing ...

US Impose Sanctions on West Bank Settlement Organization

On Tuesday, the US Treasury Department, through the Office of Foreign Assets Control (OFAC), announced sanctions against Amana, an organization involved in the development of Israeli settlements in the West Bank. Amana's subsidiary, Binyanei Bar Amana Ltd (BBA), which specializes in the construction and sale of housing in the occupied ...

Asian Markets Fall Ahead of US Elections

Asian markets mostly fell Friday, tracking a global slide in stocks fuelled by tame tech earnings and investor jitters less than a week before neck-and-neck US elections. All three major US indices fell Thursday, with the tech-rich Nasdaq Composite Index dropping nearly three percent. Microsoft and Meta topped earnings estimates, but saw their ...

Who is Wafiq Safa, the Suspected Target of an Israeli Airstrike in Beirut?

Born in 1960 in the village of Zabdine, near Nabatieh, Safa has long been an influential member of Hezbollah. As the brother-in-law of Hassan Nasrallah, he occupies a unique position within the pro-Iranian formation, blending familial ties with strategic leadership. Though often discreet, Safa is recognized for his significant role in the ...

US Sanctions Iraqi Airline, Kataeb Hezbollah Leaders

The United States imposed sanctions on the Iraqi low-cost airline Fly Baghdad on Monday, citing its alleged support for Iran's Revolutionary Guards and proxies. The sanctions also targeted leaders of an Iraq militia with pro-Iranian affiliations. The United States announced sanctions Monday on Iraqi low-cost airline Fly Baghdad, saying it ...