China

Spotlight: Regional interventions continue to fuel Yemen’s devastating conflict

Xinhua News Agency | Mar 23, 2019 at 1:34 PM
  • After four years of internal military conflict, interventions of regional countries continue to push the Yemeni warring factions for new rounds of violence.
  • Several rounds of peace talks were conducted between the two warring sides under the auspices of the United Nations and the international community.
  • All provisions of the agreement were not implemented, and both Yemeni warring parties failed to withdraw their forces from the city’s ports or surrounding outskirts and continued to prepare for new military escalation.

Singapore

Oil falls most in three weeks on global slowdown fears

The Business Times | Mar 23, 2019 at 12:00 AM
  • Oil fell the most in three weeks as disappointing economic data sowed new fears of slowing global growth.
  • West Texas Intermediate futures in New York dropped 1.6 per cent Friday, paring the week’s gain to less than one per cent.
  • Brent for May settlement fell 83 cents to settle at US$67.03 a barrel on the London-based ICE Futures Europe exchange.

China

Yemen’s rebels say U.S. ambassador’s statement paves way for peace failure

Xinhua News Agency | Mar 22, 2019 at 9:43 PM
  • Yemen’s Houthi rebels on Friday criticized a statement by the U.S. Ambassador to Yemen Matthew Tueller, saying that his remarks pave the way for failing Stockholm Agreement.
  • The Saudi-led military coalition intervened in Yemen in March 2015 to support the government of President Abd-Rabbu Mansour Hadi after Houthi rebels forced him into exile and seized much of the country’s north, including the capital Sanaa and Hodeidah.

United States

Oil dips further from 2019 highs on demand worries

CNBC | Mar 22, 2019 at 7:18 PM
  • Brent crude futures settled at $67.30 per barrel, 83 cents, or 1.2 percent below their last close and down about 0.2 percent on the week.
  • U.S. West Texas Intermediate (WTI) futures fell 94 cents, or 1.6 percent, to settle at $59.04 per barrel.
  • As economic growth has slowed across Asia, Europe and North America, potentially denting fuel consumption, no breakthrough has emerged in the trade stand-off between Washington and Beijing, at least before meetings scheduled on March 28-29.

China

U.S. sanctions Iranian individuals, entities related with weapons program

Xinhua News Agency | Mar 22, 2019 at 6:59 PM
  • The U.S. Department of the Treasury said on Friday that it had slapped sanctions on Iranian individuals and entities for their involvement in a defense research organization of Iran that assisted Tehran’s past nuclear weapons program.
  • As a result of the sanction, all property and interests in property of the designated individuals and entities are blocked, and U.S. persons are generally prohibited from transacting with them.
  • The Trump administration abandoned the Iran nuclear deal, also known as JCPOA last May and imposed various sanctions against Tehran.

United States

U.S. warns it can act against people helping Iran evade energy sanctions

Reuters | Mar 22, 2019 at 4:43 PM
  • The United States reserves the right to take action against any person helping Iran evade U.S. sanctions on energy shipments, a State Department official said on Friday.
  • The official, who spoke on condition of anonymity, was responding to a request for comment on a Reuters report this week that at least two tankers have sent Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments.
  • In November, his administration reimposed sanctions on Iran’s energy exports to cut off the country’s main source of revenue.

Switzerland

U.S. warns it can act against people helping Iran evade energy sanctions

Swissinfo | Mar 22, 2019 at 4:25 PM
  • The United States reserves the right to take action against any person helping Iran evade U.S. sanctions on energy shipments, a State Department official said on Friday.
  • The official, who spoke on condition of anonymity, was responding to a request for comment on a Reuters report this week that at least two tankers have sent Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments.
  • In November, his administration reimposed sanctions on Iran’s energy exports to cut off the country’s main source of revenue.

Bulgaria

Foreign Minister Zaharieva in Tokyo: Bulgaria and Japan are Deepening their Cooperation in a Number of Areas

Novinite | Mar 22, 2019 at 3:57 PM
  • Ekaterina Zaharieva and Shinichi Kitaoka discussed other areas of future cooperation – training of experts, the Japan International Co-operation Agency coordinates Japan’s Official Development Assistance Policy, as well as providing preferential loans and grants to the Japan Bank for International cooperation.
  • Since 1989, the Agency has funded training of 842 Bulgarian experts in Japan, sending 243 Japanese experts to Bulgaria and over 200 volunteers, equipment supply, technical cooperation projects and research.
  • Deputy Prime Minister Ekaterina Zaharieva hosted a reception at the Bulgarian embassy, ​​which marked the beginning of the celebrations of three anniversaries in the Bulgarian-Japanese relations – 110 years since the first official contacts, 80 years since the establishment of diplomatic relations and 60 years since their recovery.