Biden’s Africa Summit Seeks to Reset Relations

[ad_1] The three-day meeting seeks to reset relations with a continent whose governments are divided over Washington’s tough approach toward Moscow and where China and Russia have challenged U.S. power.…

China Says It Has Taken U.S. Semiconductor Rules to WTO

[ad_1] World Asia China Beijing challenges Washington’s export controls, considering them trade protectionism [ad_2] Source link

How Washington Persuaded Europe to Put a Price Cap on Russian Oil

[ad_1] President Biden and senior advisers, in last-minute negotiations with world leaders, secured support for a novel plan that aims to keep Russian oil on global markets while limiting the…

U.S. Reluctantly Embraces New Era of Hostage Diplomacy

[ad_1] The Griner swap is the latest example of how Democratic and Republican administrations have become more willing to negotiate exchanges with foreign governments. “I had a broad mandate from…

Oil Market Takes Russian Price Cap in Stride

[ad_1] Markets Commodities Oil Markets It is too soon to say whether the cap will succeed in stifling Russian oil revenue, but so far sanctions have avoided causing a surge…

Opinion | A Weak Yen Is Dragging Japan Down

[ad_1] Despite strengthening relative to the U.S. dollar in recent weeks, the currency’s real value is at a 50-year low. [ad_2] Source link

TSMC’s U.S. Chip Gambit Has Powerful Backers

[ad_1] Markets Heard on the Street Taiwanese chip maker’s investment won’t be enough to end U.S. reliance on Asia, but the trend is promising [ad_2] Source link

Russian Oil-Price Cap Adds to Fiscal Pressure on Moscow

[ad_1] World Ceiling of $60 a barrel threatens Moscow’s long-term ability to fund war in Ukraine [ad_2] Source link

EU Sues China in WTO Over Trade Retaliation on Lithuania

[ad_1] World Europe China’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan [ad_2] Source link