Yandex, often called “Russia’s Google,” said it reached a deal to sell off its assets in the market where it made its fortune, after the war in Ukraine upended its operations.
Category: Embargoes and Sanctions
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Top U.S. Treasury Officials to Visit Beijing for Economic Talks
A meeting of the new economic working group comes as the U.S. and China are trying to prevent any escalation of hostilities.
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U.S. Hits Back at Iran With Sanctions, Criminal Charges and Airstrikes
The Biden administration used sanctions and criminal charges to punish the Islamic Revolutionary Guards Corps, Iran’s premier military force.
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A.I. Giant Tied to China Under Scrutiny
A congressional committee made the demand of the Commerce Department after The Times reported on concerns among U.S. intelligence officials over the Emirati company, G42.
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U.S. Prepares to Lift Ban on Sales of Offensive Weapons to Saudi Arabia
Some lawmakers are likely to oppose the move, but officials said the Biden administration has noted the kingdom’s de facto cease-fire with the Houthi militia in Yemen.
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U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.
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G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.
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Lawmakers Press Biden Administration for Tougher Curbs on China Tech
Republican legislators argue that the Biden administration has been ill-equipped and unmotivated in a technology fight with Beijing.
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What’s at Stake in the President Biden-Xi Jinping Meeting
President Biden and his Chinese counterpart, Xi Jinping, are set to meet on Wednesday, as the two seek to maintain ties despite trade tensions.
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Yellen Says U.S. Wants ‘Healthy’ Economic Ties With China
The Treasury secretary said she had pressed her Chinese counterpart on China’s export controls and cautioned against supporting Russia.
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Why Are Oil Prices Falling While War Rages in the Middle East?
Energy markets have shrugged off the fighting between Israel and Hamas so far, focusing instead on forecasts of subdued demand.
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Why Are Oil Prices Falling While War Rages in the Middle East?
Energy markets have shrugged off the fighting between Israel and Hamas so far, focusing instead on forecasts of subdued demand.