Treasury Sanctions Senior Nicaraguan Government Officials, Increasing Pressure on

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LATEST NEWS May 23, 2020

China slows defense budget growth to 6.6 % in 2020 China set its 2020 defense budget growth target at 6.6 percent, resulting in a draft budget of 1.268 trillion yuan ($178.2 billion), lower than the 7.5 percent growth in 2019. ... Read More

Commerce Department to Add Two Dozen Chinese Companies with Ties to WMD and Military Activities to the Entity List The Department of Commerce's Bureau of Industry and Security (BIS) announced it will add 24 governmental and commercial organizations to the Entity List for engaging in activities contrary to the national security or foreign policy interests of the United States. The entities, based in China, Hong Kong, and the Cayman Islands, represent a significant risk of supporting procurement of items ... Read More

Highlights of 2020 Government Work Report Premier Li Keqiang delivered the Government Work Report to the third session of the 13th National People's Congress in Beijing on Friday morning. Here are the highlights: ... Read More

US-China Tensions Rise as Beijing Signals Tightening Controls on Hong Kong China's decision to propose new legislation tightening control over Hong Kong has sparked a wave of condemnation from American lawmakers and officials, in yet another sign of worsening relations between the economic superpowers. ... Read More

India Voices Unusual Criticism of China's Conduct in South China Sea India has voiced a rare note of criticism of China's assertive actions in the South China Sea, amid a tensions between the two Asian powers on their long land border. ... Read More

White House Official: Trump To Seek Extension Of New START Arms Treaty With Russia A top U.S. official said President Donald Trump was expected to seek an extension of the New START treaty with Russia, a major nuclear arms agreement set to expire next year. ... Read More

USS Portland Conducts Laser Weapon System Demonstrator Test Amphibious transport dock ship USS Portland (LPD 27) successfully disabled an unmanned aerial vehicle (UAV) with a Solid State Laser - Technology Maturation Laser Weapon System Demonstrator (LWSD) MK 2 MOD 0 on May 16. ... Read More

Treasury Sanctions Senior Nicaraguan Government Officials, Increasing Pressure on President Ortega's Regime Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated two senior Nicaraguan government officials, Julio Cesar Aviles Castillo and Ivan Adolfo Acosta Montalvan for supporting the corrupt Ortega regime. Since April 2018, the Ortega regime has cracked down on political opposition, leading to more than 300 deaths, 2,000 in