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China is armed and ready for trade war 2.0 with Donald Trump
1 month ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China War Trade Market States Trump Exports
China is armed and ready for trade war 2.0 with Donald Trump
1 month ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China War Trade Market States Trump Exports
US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets
6 months, 3 weeks ago

US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets

Associated Press  

WASHINGTON — A senior U.S. Treasury official has met with Ukrainian officials in Kyiv to discuss U.S. financial support, enforcing sanctions on Russia and using frozen Russian assets for Ukraine’s benefit in the war with Moscow. The visit this week by Deputy Secretary Wally Adeyemo came as Russia gains territory after a lengthy delay in U.S. military aid left Ukraine …

China War Ukraine Russia Assets Treasury Washington
With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets
7 months ago

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Associated Press  

FRANKFURT, Germany — Ukraine’s allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv’s war effort, a debate getting more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier. “Securing Ukraine’s position in the medium-to-long term requires unlocking the value of immobilized Russian sovereign assets,” …

Support Italy China Ukraine Assets Chinese Billion
From unfair trade to TikTok: US Treasury Secretary Yellen’s China trip
8 months, 2 weeks ago

From unfair trade to TikTok: US Treasury Secretary Yellen’s China trip

Al Jazeera  

US Treasury Secretary Janet Yellen and her team are leaving China and returning to the United States after trying to tackle the major questions of the day between the countries. Here’s a look at what she tried to accomplish, what was achieved and where things stand for the world’s two largest economies: Unfair trade practices Yellen said she wanted to …

China Financial Money Laundering Treasury Financial Stability Chinese Beijing
Yellen criticizes Chinese treatment of U.S. companies during visit to revive relations
1 year, 5 months ago

Yellen criticizes Chinese treatment of U.S. companies during visit to revive relations

The Hindu  

U.S. Treasury Secretary Janet Yellen criticized Chinese treatment of U.S. companies and new export controls on metals used in semiconductors during a visit on July 7 to Beijing to try to revive strained relations. “I am communicating the concerns that I’ve heard from the U.S. business community — including China’s use of non-market tools like expanded subsidies for its state-owned …

Security China Treasury Washington Biden Beijing Visit
Infamous private military company Wagner Group has been acting internationally in Russian interests for years
1 year, 5 months ago

Infamous private military company Wagner Group has been acting internationally in Russian interests for years

The Hindu  

Published : Jun 26, 2023 13:02 IST - 6 MINS READ The Wagner Group is not just active in Ukraine. According to observers, the main aim of the Wagner Group here is to secure Russian access to valuable raw materials including gold, manganese, silicon and uranium deposits “Yevgeny Prigozhin and his network are exploiting Sudan’s natural resources for personal gain …

War Ukraine Syria Sudan Venezuela Group Libya
US Justice Department announces charges against 28 Sinaloa Cartel members, including El Chapo's sons
1 year, 8 months ago

US Justice Department announces charges against 28 Sinaloa Cartel members, including El Chapo's sons

Firstpost  

Washington: In a broad fentanyl trafficking investigation, the Justice Department on Friday announced charges against more than two dozen members of Mexico’s renowned Sinaloa Cartel, including the sons of infamous drug lord Joaquin “El Chapo” Guzman. Attorney General Merrick Garland delivered the three district indictments targeting the cartel’s global network while flanked by the head of the Drug Enforcement Administration, …

China Cartel Mexico Sinaloa Washington Dea Officials
US targets Iranian drone industry in latest round of sanctions
1 year, 9 months ago

US targets Iranian drone industry in latest round of sanctions

Al Jazeera  

Sanctions target firms and individuals accused of buying drone parts on behalf of the Iranian government. The United States has announced its latest round of sanctions against Iranian drone and missile production, this time focusing on firms and individuals who allegedly procured equipment for Tehran’s drone programme. In a statement on Tuesday, the US Department of the Treasury said the …

Ukraine Russia Sanctions Iran Drone Tehran Iranian
Timeline: How US gov’t scrambled as Silicon Valley Bank collapsed
1 year, 9 months ago

Timeline: How US gov’t scrambled as Silicon Valley Bank collapsed

Al Jazeera  

Biden administration quickly put emergency measures in place as SVB failed. The United States government launched emergency measures at the weekend to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest bank collapse since the 2008 financial crisis. Here’s a look at how things unfolded: March 9 As US Treasury Secretary Janet Yellen …

Markets Congress Bank Treasury Washington Biden Federal
US nominates ex Mastercard CEO Ajay Banga to head World Bank
1 year, 10 months ago

US nominates ex Mastercard CEO Ajay Banga to head World Bank

Al Jazeera  

India-born Banga has close ties to emerging markets, useful to the Bank which wants to help them on pressing problems. United States President Joe Biden has nominated former Mastercard CEO Ajay Banga to become president of the World Bank, hailing his business experience in his native India and his commitment to mobilizing private funds to help developing countries grapple with …

India Climate Change Markets Climate Emerging Markets Developing Countries World Bank
'Trusted partner', says Nirmala Sitharaman on ties with US
2 years, 1 month ago

'Trusted partner', says Nirmala Sitharaman on ties with US

Hindustan Times  

India deeply values its ties with the United States as a "trusted partner", Finance Minister Nirmala Sitharaman said on Friday as she addressed a joint briefing with US Treasury Secretary Janet Yellen who is in Delhi. "We share a traditionally strong bilateral relationship underpinned with shared values, convergence of interests on wide-ranging issues and vibrant people-to-people contact," the Union Minister …

Finance India Ust Nirmala Sitharaman Strong Ties
US Treasury Secretary Yellen looks to India for ‘friend-shoring’
2 years, 1 month ago

US Treasury Secretary Yellen looks to India for ‘friend-shoring’

Al Jazeera  

Mutual concern over China has drawn US and India closer in recent years, including to reorient supply chains. “India’s membership in Indo-Pacific Economic Framework, in efforts to make our supply chains more resilient through what I call friend-shoring, are tightening those ties,” Yellen said. “The US and India are ‘natural allies’, in the words of a former Indian prime minister,” …

India China Indian G20 New Delhi Sitharaman Ust
Gold Price Today Drops Sharply to Rs 50,800; Silver Becomes Cheaper; Right Time to Buy?
2 years, 6 months ago

Gold Price Today Drops Sharply to Rs 50,800; Silver Becomes Cheaper; Right Time to Buy?

News 18  

Gold price in India dropped sharply on Thursday, tracking global cues. Gold and silver prices remained under pressure after the United States Federal Reserve chief Jerome Powell had mentioned aggressive rate hikes to tame inflation giant. Earlier this month, the US Federal Reserve raised its benchmark interest rate by 75 basis points to a range of 1.5 per cent to …

Support Prices Price Gold Price Silver Cent Fed
How and where US, UK, EU and Australian sanctions are targeting Russia
2 years, 9 months ago

How and where US, UK, EU and Australian sanctions are targeting Russia

ABC  

Western leaders have revealed more sanctions on Russia after its forces invaded Ukraine. Banks and financial firms The US and UK announced restrictions that, combined with previous sanctions, would effectively kick the vast majority of Russian banking assets out of both countries. The UK had previously banned Russia from raising funds in the UK, Europe's major capital markets hub, and …

Ukraine Russia Financial Sanctions Debt Washington Biden
US, UK, Canada sanction top Myanmar justice officials
2 years, 10 months ago

US, UK, Canada sanction top Myanmar justice officials

Al Jazeera  

Latest sanctions imposed ‘to promote accountability for the coup and the violence perpetrated by the regime’. The US Department of the Treasury took action against Attorney General Thida Oo, Supreme Court Chief Justice Tun Tun Oo and Anti-Corruption Commission Chairman U Tin Oo, whom it said were closely involved in the “politically motivated” prosecution of ousted elected leader Aung San …

Military Canada Sanctions Myanmar Ust Tay Za Imposed Sanction
US adds drone maker DJI and 7 other Chinese companies to investment blacklist
3 years ago

US adds drone maker DJI and 7 other Chinese companies to investment blacklist

CNN  

Hong Kong CNN Business — The United States has added drone maker DJI and seven other Chinese companies to an investment blacklist, raising even more pressure on businesses in the world’s second largest economy. The US Treasury Department announced Thursdaythat it has placed investment restrictions on the firms due to their roles in facilitating human rights abuses against China’s Uyghur …

China Investment Companies Treasury Washington Cnn List
USTR flags market access, tariffs, digital trade as key issues
3 years, 1 month ago

USTR flags market access, tariffs, digital trade as key issues

Hindustan Times  

United States Trade Representative Katherine Tai on Monday raised market access restrictions, high tariffs, unpredictable regulatory requirements and restricted digital trade measures as key issues with India and underscored the huge potential of trade between the two economies on areas such as digital economy, services, health-related trade and agriculture. I’m also looking forward to discussing how further collaboration on what …

India Trade Key Issues Ust Tai
Explainer: What leverage do US, allies have over the Taliban?
3 years, 3 months ago

Explainer: What leverage do US, allies have over the Taliban?

Al Jazeera  

Western leaders believe the Taliban can be pressured into abandoning its hardline agenda because it needs foreign aid. This was echoed by US officials and other Western leaders who believe the Taliban can be pressured into abandoning their past policies with carrot-and-stick measures given Afghanistan’s outsized dependence on imported energy, food and foreign aid, as well as its shaky economy. …

Afghanistan Bank World Bank Taliban Foreign Imf Dollar
USTR holds talks with Pfizer, Astrazeneca over increased vaccine production, IP rights waiver
3 years, 7 months ago

USTR holds talks with Pfizer, Astrazeneca over increased vaccine production, IP rights waiver

The Hindu  

United States Trade Representative Katherine Tai has held a virtual meeting with AstraZeneca and Pfizer leadership to discuss increasing vaccine production and a proposed waiver to certain provisions of the World Trade Organisation’s Agreement on Trade-Related Aspects of Intellectual Property Rights for the COVID-19 pandemic. “Ambassador Tai and Dr. Dobber discussed increasing vaccine production, global health issues and the proposed …

India Trump Biden Waiver Meeting Vaccine Ustr
Trump's presidency not just a blip in US foreign policy
3 years, 11 months ago

Trump's presidency not just a blip in US foreign policy

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Joe Biden’s plan to scrap President Donald Trump’s vision …

Security Policy China World Nuclear Trump North Korea
Trump’s presidency not just a blip in US foreign policy
3 years, 11 months ago

Trump’s presidency not just a blip in US foreign policy

Associated Press  

WASHINGTON — President-elect Joe Biden’s plan to scrap President Donald Trump’s vision of “America First” in favor of “diplomacy first” will depend on whether he’s able to regain the trust of allies and convince them that Trumpism is just a blip in the annals of U.S. foreign policy. From Europe to the Middle East and Asia, Trump’s brand of transactional …

Security China World Nuclear Trump North Korea Iran
Premarket stocks: Exxon’s exit means there’s just one oil company left in the Dow
4 years, 3 months ago

Premarket stocks: Exxon’s exit means there’s just one oil company left in the Dow

CNN  

A version of this story first appeared in CNN Business’ Before the Bell newsletter. “Both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement,” Lighthizer’s office said, referring to the “phase one” trade deal reached earlier this year. China’s Ministry of Commerce called the talks “a constructive dialogue.” Investors welcomed the …

China Trade Oil Trump Companies Company Cnn