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The United States and its allies will sanction Iran “in the coming days” for the attack on Israel

The US Secretary of the Treasury, Janet Yellen, said on Tuesday that the United States and its allies will sanction Iran “in the coming days” for the attack on Israel.

“We will take additional measures against Iran in the coming days,” he said at a press conference on the sidelines of the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which are being held this week in Washington.

Yellen said that he will use those meetings, attended by the Ministers of Economy and Finance from almost the world, to coordinate a new round of sanctions against Iran.

“We never give details of the sanctions before announcing them. But in the conversations I have had, all the options to interrupt Iran’s terrorist financing are still on the table,” he stressed.

The head of the Treasury did not offer details about what sanctions they will impose on Iran the U.S. and its allies; but, asked by the press, she mentioned the possibility of increasing controls to prevent Tehran from bypassing the US sanctions they already thought about its oil sector.

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“Iran continues to export some oil. It is possible that something else can be done. I don’t want to advance anything about the sanctions that we could impose but, without a doubt, that is one of the areas that we could address,” he simply said.

In 2018, under the administration of Donald Trump, the United States again imposed sanctions on Iran’s oil sector and, since then, the Joe Biden Administration has tried to enforce those restrictions by imposing sanctions on companies from different countries that help Tehran export oil.

Despite these efforts, Iran continues to be able to evade US sanctions to export oil, China being one of its main customers.

The United States is studying with its G7 partners to impose more sanctions on Iran and designate the Iranian Revolutionary Guard as a terrorist group after the attack on Israel.

Several countries have already designated the Revolutionary Guard, a branch of the Armed Forces of Iran created after the Islamic Revolution of 1979, as a terrorist group.

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In 2019, the United States included the Revolutionary Guard on the blacklist of terrorist groups, while the Government of Canada said in January of this year that it was studying ways to include the Revolutionary Guard on its list of terrorist organizations.

For its part, the European Union (EU) is currently studying new sanctions against Iran to contain its drone and missile programs, according to the president of the European Commission, Ursula von der Leyen, on Sunday.

These efforts by the United States and its allies to promote new sanctions against Iran occur while several countries in the West have urged Israel to show restraint and avoid a strong military response to Iran’s attack, at the risk of triggering a large-scale war in the Middle East.

The spring meetings of the WB and the IMF that are held this week in Washington will bring together the world’s leading finance and economic ministers.

In addition, in parallel with those events, it is planned that there will be meetings of the ministers of Economy and Finance of the G20 and also of the G24, a group that brings together developing countries, including Iran.

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International

Winter Storm Fern Leaves 30 Dead and Over One Million Without Power Across the U.S.

The massive winter storm Fern, bringing polar temperatures, battered large portions of the United States for a third consecutive day on Monday, leaving at least 30 people dead, more than one million households without electricity, and thousands of flights grounded.

In the Great Lakes region, residents awoke to extreme cold, with temperatures dropping below -20°C. Forecasts indicate that conditions are expected to worsen in the coming days as an Arctic air mass moves south, particularly across the northern Great Plains and other central regions, where wind chills could plunge to -45°C, temperatures capable of causing frostbite within minutes.

Across the country, heavy snowfall exceeding 30 centimeters in roughly 20 states triggered widespread power outages. According to PowerOutage.com, nearly 800,000 customers remained without electricity on Monday morning, most of them in the southern United States.

In Tennessee, where ice brought down power lines, approximately 250,000 customers were still without power. Outages also affected more than 150,000 customers in Mississippi and over 100,000 in Louisiana, as utility crews struggled to restore service amid dangerous conditions.

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International

Spain approves plan to regularize up to 500,000 migrants in Historic Shift

In November 2024, Spanish Prime Minister Pedro Sánchez announced a reform of the country’s immigration regulations aimed at regularizing 300,000 migrants per year over a three-year period, in an effort to counter population aging in a country where births have fallen by 25.6% since 2014, according to official data.

Going against the trend in much of Europe, Spain’s left-wing government has now approved an exceptional migrant regularization plan that could benefit up to 500,000 people, most of them from Latin America.

The measure will allow the regularization of around “half a million people” who have been living in Spain for at least five months, arrived before December 31, 2025, and have no criminal record, Migration Minister Elma Saiz explained on public television.

The plan, approved on Tuesday by the Council of Ministers, establishes that applications will be processed between April and June 30, enabling beneficiaries to work in any sector and anywhere in the country, Saiz said.

“Today is a historic day for our country. We are strengthening a migration model based on human rights, integration, and one that is compatible with economic growth and social cohesion,” the minister later stated at a press conference.

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The socialist government of Pedro Sánchez stands out within the European Union for its migration policy, contrasting with the tightening of immigration measures across much of the bloc amid pressure from far-right movements.

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Central America

Honduras swears in conservative president Asfura after disputed election

Conservative politician Nasry Asfura assumed the presidency of Honduras on Tuesday with an agenda closely aligned with the United States, a shift that could strain the country’s relationship with China as he seeks to confront the economic and security challenges facing the poorest and most violent nation in Central America.

Asfura’s rise to power, backed by U.S. President Donald Trump, marks the end of four years of left-wing rule and secures Trump another regional ally amid the advance of conservative governments in Chile, Bolivia, Peru, and Argentina.

The 67-year-old former mayor and construction businessman was sworn in during an austere ceremony at the National Congress, following a tightly contested election marred by opposition allegations of fraud and Trump’s threat to cut U.S. aid if his preferred candidate did not prevail.

Grateful for Washington’s support, Asfura—who is of Palestinian descent—traveled to the United States to meet with Secretary of State Marco Rubio, before visiting Israeli Prime Minister Benjamin Netanyahu.

“We need to strengthen relations with our most important trading partner,” Asfura said after being declared the winner of the November 30 election by a narrow margin, following a tense vote count that lasted just over three weeks.

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