Red Sea Shipping Halt Is Latest Risk to Global Economy
Posted inEconomic Conditions and Trends Europe Freight (Cargo) Houthis International Relations International Trade and World Market Israel Israel-Gaza War (2023- ) Middle East Oil (Petroleum) and Gasoline Presidential Election of 2024 Prices (Fares, Fees and Rates) Red Sea Russia Russian Invasion of Ukraine (2022) Supply Chain United States United States Economy

Red Sea Shipping Halt Is Latest Risk to Global Economy

Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies
Posted inBanking and Financial Institutions Biden, Joseph R Jr Defense and Military Forces Executive Orders and Memorandums Russia Russian Invasion of Ukraine (2022) Supply Chain Treasury Department United States International Relations United States Politics and Government

U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies

President Biden will sign an executive order granting the Treasury Department broader powers to curb the flow of weapons components.
G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
Posted inEmbargoes and Sanctions European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Ships and Shipping United States

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.