[ad_1] China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine, people…
Tag: Economic Sanctions
Switzerland Says It’s Confident Hamas Not Using Nation’s Banks
[ad_1] The Swiss government is confident that Hamas is not using the country’s banks, given the widespread condemnation of the group as a terrorist organization. “You know that Hamas has…
Softening US Power
[ad_1] I’m Shawn Donnan, a senior writer for economics in Washington, and today I’m looking at the implications of the upcoming Paris financial conclave. Send us feedback and tips to…
China Sanctions Five US Defense Companies on Taiwan Arms Sales
[ad_1] China said it sanctioned five US defense industry companies in response partly to recently announced new arms sales to Taiwan. The companies affected include BAE Systems Land and Armament,…
Small Business Owner Lands $1 Billion Prize After the West’s Exodus From Russia
[ad_1] Entrepreneur Alexey Sagal has had possibly the most successful year and a half of his career, with his Arnest Group becoming one of the top beneficiaries of the exodus…
China Vice President Sees ‘Positive Signals’ in Ties With US
[ad_1] Recent high-level meetings have helped improve the China-US relationship, a top Beijing official said before an expected meeting between Xi Jinping and Joe Biden next week. The sitdowns “have…
Malaysia Bans Israeli-Based ZIM From Anchoring in Its Waters
[ad_1] Malaysia said it will block Israel-based ZIM Integrated Shipping Services from anchoring at any of the Southeast Asian nation’s ports, a largely symbolic move that signals rising frustration over…
UK Demands Consular Access to Jimmy Lai as Security Trial Starts
[ad_1] The UK will press for consular access to Hong Kong activist Jimmy Lai as Western governments are closely scrutinizing the high-profile national security trial of the former media mogul.…
Why South Africa’s Electricity Crisis Is at the Heart of Its Problems
[ad_1] When Nelson Mandela’s African National Congress came to power almost three decades ago, South Africa was blessed with a surfeit of electricity—a legacy of the apartheid regime’s obsession with…
Hong Kong Puts Bounties on Heads of Democracy Activists Overseas
[ad_1] Hong Kong police offered HK$1 million ($128,000) in rewards for information on five dissidents living overseas, stepping up its controversial use of bounties to chase pro-democracy activists in the…