The Dominant Dollar Faces a Backlash in the Oil Market

[ad_1] Dec. 27, 2023 11:00 pm ET Some major emerging economies are dabbling in trading commodities without using the dollar, as they seek to reduce their reliance on the U.S.…

Iran Adds to Pressure on U.S. With Nuclear Program Acceleration

[ad_1] Updated Dec. 26, 2023 6:06 pm ET Iran has tripled production of nearly weapons-grade uranium in a move likely to deepen its confrontation with the West as Tehran helps…

China Imposes Sanctions on U.S. Data Firm

[ad_1] Updated Dec. 26, 2023 9:28 pm ET China’s government hit back at U.S. criticism of its human-rights record on Tuesday by imposing sanctions on a Los Angeles firm and…

China’s Yuan Is Quietly Gaining Ground

[ad_1] Chinese assets have had a terrible year—but China’s currency is gaining ground as an international payments option. The yuan’s status as a global currency still faces a huge obstacle…

Sentencing Punctuates Downfall of Former FBI Counterintelligence Chief

[ad_1] Charles McGonigal spent more than two decades as an FBI agent working on some of the country’s most important national-security and terrorism cases, including the Sept. 11, 2001, terrorist…

Russian Airline Sues Canada Over Sanctions

[ad_1] TORONTO—A giant Russian cargo plane is facing another cold Canadian winter stuck in Toronto. A court battle could determine its fate. Russian airline Volga-Dnepr has sued the Canadian government,…

WSJ News Exclusive | U.S. Leans on Turkey to Stop Supporting Hamas and Russia

[ad_1] ISTANBUL—The Biden administration’s sanctions chief warned Turkish officials that the country is fueling violence across two continents by serving as a financing haven for Hamas and a trade hub…

Essay | Binance and the End of Crypto’s Dream to Escape From Government

[ad_1] On Nov. 21, Binance, the world’s largest cryptocurrency exchange, pleaded guilty to breaking U.S. anti-money-laundering laws. Its CEO has stepped down, and the company will pay $4.3 billion in penalties. While…

Apple Had Better Watch Its Back in China

[ad_1] Signals are finally getting stronger for the global smartphone market. Chinese handset makers like Huawei, which had been locked out of the race by U.S. sanctions, are dialing back…

How Russia Games Oil Sanctions for Big Profits

[ad_1] A Western price cap on Russian oil meant to curb Moscow’s war spending is increasingly losing its punch and U.S. officials are scrambling to shore up their experimental intervention in global…