America’s position of global economic stability is starting to look shakier as the Trump administration piles on debt and doubles down on sanctions.
Category: Embargoes and Sanctions
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The World Economy Is Becoming Wary of the U.S.
The New York Times – Business: -
U.S. Imposes Sanctions on Russia’s VTB Bank Over Ties to Iran
The New York Times – Business:The move, which targeted a bank that is already under U.S. sanctions, was part of the Trump administration’s Operation Economic Outcast initiative.
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UK Sanctions Against Israeli Settlers Divide British Rabbis
The New York Times – On the Runway:Prominent rabbis reacted with a mix of support, condemnation and concern about the ramifications for Jews in Britain.
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Trump Takes No Position on Allies’ Sanctions Against Israeli Settlements
The New York Times – On the Runway:The president declined to say whether the United States opposed measures taken by Britain, Canada and France over violence against Palestinians in the West Bank.
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Why Israel Reacted With Fury to U.K. Sanctions on West Bank Settlements
The New York Times – On the Runway:The fierce retaliation of Prime Minister Benjamin Netanyahu’s government to the new restrictions is a reflection of his tough re-election fight, analysts say.
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At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap Exports
The New York Times – Business:Treasury Secretary Scott Bessent accused China for flooding the world with its cheap exports.
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What to Know About Venezuelan Energy Following Trump’s Oil Deal
The New York Times – Business:The Trump administration’s deal with a private oil company to increase oil production in the South American country could take many years to come to fruition.
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Treasury Secretary Scott Bessent Says US Has Support for Economic War Against Iran
The New York Times – Business:The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.
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U.A.E. To Review Banque Misr, Targeted by Iran Sanctions
The New York Times – Business:The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
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U.S. ‘Economic D-Day’ Targets More Than Just Iranian Oil
The New York Times – Business:The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
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China Pushes Back After Trump Tightens the Screws on Iran
The New York Times – Business:The Trump administration risks a clash with Beijing as it tries to cut off Iran’s economic lifelines without upending a fragile U.S.-China truce.
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The Heat on Treasury Secretary Scott Bessent Grows
The New York Times – Business:Treasury Secretary Scott Bessent’s plans to intervene in bond markets have drawn widespread criticism, including from a prominent former mentor.