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US ends Sudan trade embargo, cites progress on rights

WASHINGTON: The United States announced an end to its 20-year-old trade embargo against Sudan on Friday, citing what it said are improvements in Khartoum's human rights record. Washington did not drop Sudan from its blacklist of state terror sponsors nor end its support for the international war crimes indictment targeting President Omar al-Bashir. But the decision was nonetheless a breakthrough for Bashir's regime, which has engaged with Washington in a bid to end the international isolation that it has suffered since…

Iran puts economic squeeze on Iraqi Kurds

TEHRAN: International pressure mounted on Iraqi Kurdistan Saturday after its controversial independence "yes" vote, with neighbouring Iran announcing joint border drills with Iraq and banning fuel trade with the autonomous region. A day after a cut in foreign air links with the region, Iran's state broadcaster said all transport companies and drivers have been ordered to stop carrying fuel products between Iran and Iraqi Kurdistan "until further notice". Diesel is one of Iran's main exports to the Kurdish region,…

Iran slaps fuel trade embargo on Iraqi Kurdistan

TEHRAN: Iran has embargoed exports and imports of fuel products to and from Iraqi Kurdistan in response to the region's controversial independence referendum, Iranian media reported on Saturday. All transport companies and drivers are ordered to stop carrying fuel products between Iran and Iraqi Kurdistan "until further notice" or face "consequences", the state broadcaster's website reported citing a transport ministry directive. Iraqi Kurds overwhelmingly voted for independence in Monday's non-binding referendum,…

European Parliament calls for Saudi arms embargo

BRUSSELS: The European Parliament called on the European Union to impose an arms embargo against Saudi Arabia on Thursday, saying Britain, France and other EU governments should no longer sell weapons to a country accused of targeting civilians in Yemen.

US MasterCards will soon work in Cuba

WASHINGTON: MasterCard in March will begin processing transactions made on US-issued cards in Cuba, becoming the first major credit card company to do so since Cuba and the United States started to normalize relations.