U.S. Assures Banks on Transactions With China Shipping Company Hit by Iran Sanctions


By Reuters

The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S. dollar transactions on Chinese shipping companies it had previously sanctioned for allegedly transporting oil from Iran, in a move meant to blunt the i…

Published: November 27, 2019 at 02:01PM

via NYT Business Day https://ift.tt/2OpIYf0

Venezuelan Baseball’s Bid to Save Sanctions-Shortened Season Hits Snag


By Reuters

The U.S. Treasury Department has told Major League Baseball that a change to its sanctions on Venezuela last week does not allow MLB to resume a partnership with the Venezuelan baseball league, according to a person familiar with the matter.

Published: November 11, 2019 at 01:49PM

via NYT Sports https://ift.tt/2ruvbe9