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US sanctions Russia-based bank over Venezuela dealings

The US Treasury slapped sanctions Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the sanctioned state oil company PDVSA. The sanctions targeted Moscow-based Evrofinance Mosnarbank, which when founded in...

Sudan's parliament cuts state of emergency to six months

Sudan’s parliament voted on Monday to shorten from one year to six months a state of emergency declared by President Omar al-Bashir last month in response to widespread protests. Parliament can, however, renew the measure. Bashir declared the nationwide state of emergency, the first...

EU eyes cash demands as Brexit talks turn sour

Britain will face EU demands for billions of euros in cash if it fails to strike a Brexit deal, Brussels officials and diplomats said on Monday after talks with London stalled 18 days before it is due to leave the bloc. Prime Minister Theresa May agreed a withdrawal treaty last year under...