On April 17, 2026, the US Treasury Department issued sanctions against multiple actors involved in the seizure of US-owned property. The sanctions include government officials and gold firms linked to the Nicaraguan regime. These entities and individuals are implicated in activities resulting in the confiscation of US assets. In addition to the measures against Nicaraguan-linked entities, the Treasury also sanctioned Iran-backed Iraqi militia commanders, targeting their role in destabilizing regional security. Furthermore, a recruitment network facilitating war efforts in Sudan was sanctioned, with the Treasury calling for a humanitarian truce in the conflict-affected area. These coordinated sanctions reflect a broader... [Continue Reading]
The United States Treasury has temporarily eased sanctions on Venezuela's central bank and several other state-run financial institutions.This move allows these banks to use US dollars and re-enter global financial markets.The easing of sanctions was announced by the US Treasury's Office of Foreign Assets Control (OFAC) on April 15, 2026.Licences were issued authorising commercial links with the Central Bank of Venezuela, Banco de Venezuela, Banco Digital de los Trabajadores, and Banco del Tesoro.Sanctions had been in place since 2019, restricting these banks' ability to process and move money internationally.The temporary easing could facilitate the flow of revenue from Venezuelan oil... [Continue Reading]