State leaders urged to divest pension funds from China: watchdog
A watchdog letter is urging U.S. state leaders to divest public funds from China, citing rising risks of geopolitical conflict, lack of financial transparency and U.S. restrictions.
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
China levies sanctions against 12 US military-linked companies
China has taken measures against 12 U.S. companies with ties to the military in response to the U.S. arming Taiwan and sanctions on Chinese companies.
US blocks some Intel, Qualcomm exports to China over Beijing's objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Billions in US investment goes to Chinese firms linked to CCP military, human rights abuses
Billions of dollars in Americans' savings and investments are flowing to Chinese companies linked to China's military and human rights abuses, a congressional report found.
Oil expected to rise in wake of Iran's attack on Israel
Energy markets may spike Monday with volatility in oil prices expected in the wake of Iran's attack on Israel, with markets looking for potential escalation or retaliation.
Apple products, including Vision Pro, still available in Russia despite company's export ban: report
Apple suspended exports to Russia, and the company's website remains inactive since the start of the Ukraine invasion, but resellers have acquired the products through third-party vendors.
US, UK impose new Houthi sanctions as Red Sea attacks continue
The U.S. and the U.K. announced sanctions targeting four senior Houthi officials amid ongoing attacks by the rebel group in the Red Sea.
Ex-FBI official gets 4 years for working with Russian oligarch dubbed Putin 'henchman'
Charles McGonigal has been sentenced to four years in prison after pleading guilty to working for sanctioned Russian oligarch Oleg Deripaska.
US and UK team up to hit Hamas financiers with new sanctions
The United States and United Kingdom have announced a fourth round of sanctions on Hamas officials, this time targeting key financiers belonging to the terrorist organization.
Bipartisan group of more than 40 lawmakers call for restrictions on investments in China
Over 40 bipartisan members of Congress are calling for restrictions on outbound investments to adversarial countries like China to prevent those funds from aiding their military.
Putin allows foreigners to exchange frozen funds for blocked Russian assets abroad
Foreign investors with funds frozen in Russia can now buy blocked assets of Russians abroad in light of a decree signed by Putin on Wednesday.
Yellen says US can afford to support two wars: 'America stands behind Israel, period'
Treasury Secretary Janet Yellen said the U.S. can "absolutely" afford to provide military aid to Ukraine and Israel in their respective wars.
US sanctions two tanker owners for carrying Russian oil above price cap
The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the UAE.
Yellen warns Iran nothing 'off the table' as US weighs new sanctions
Treasury Secretary Janet Yellen said the Biden administration could tighten its sanctions against Iran following the Hamas militant attacks on Israel.
Iran’s $6B in unfrozen funds: What to know
Iran's support for Hamas has prompted scrutiny of the $6 billion in Iranian funds unfrozen by the Biden admin as part of a prisoner swap in the wake of Hamas' attack on Israel.
US sanctions companies supporting Iran’s drone industry, including Chinese and Russian firms
The U.S. announced new sanctions against a network of companies and individuals providing financial and material support for Iran's drone industry, including Chinese and Russian firms.
Skirting US sanctions, Iran earning billions from oil exports while Russia, China cash in
Amid efforts to enforce sanctions against Iran, authoritarian regimes like Russia and China and some Western companies are bypassing U.S. sanctions to attend the Iran Oil Show.
Biden admin seeks to boost tourism, trade with Raimondo's China visit
Commerce Secretary Gina Raimondo is on a four-day trip aimed at boosting trade ties between the U.S. and China amid economic and geopolitical disputes between the two countries.
US Treasury sanctions Mali’s defense minister, other officials over links to Russian mercenary group Wagner
The U.S. Treasury on Monday sanctioned several Malian defense officials for their alleged ties to Wagner, the Russian mercenary group who staged a short-lived mutiny last month.