The US Treasury slapped sanctions Monday on a Russia-based bank partly owned by Venezuela for its support for the government of President Nicolas Maduro and the sanctioned state oil company PDVSA. The sanctions targeted Moscow-based Evrofinance Mosnarbank, which when founded in 2011 was 50 percent-owned by leading Russian banks and ...
Arms flows to the Middle East have increased by 87 percent over the past five years and now account for more than a third of the global trade, the Stockholm International Peace Research Institute (SIPRI) said in a report on Sunday. The defense think-tank’s annual survey showed that Saudi Arabia ...