The United States is ready to take action against Chinese banks and companies, as well as Beijing’s leadership, if they are found to be assisting Russia’s armed forces in the invasion of Ukraine. This strong stance was reiterated by U.S. Treasury Secretary Janet Yellen during an interview in Beijing on Monday. Yellen emphasized that any
Politique
The recent decision by Israel to withdraw some troops from Southern Gaza has raised questions about the country’s military strategy. National Security Spokesman John Kirby clarified that the troop movement is primarily for rest and refit purposes, rather than an indication of impending new operations. The Israel Defense Forces announced that they have completed their
Donald Trump took to social media on a recent Saturday to express his willingness to go to jail for violating a gag order in his upcoming New York hush money trial. He compared himself to Nelson Mandela, a renowned anti-apartheid activist, and even went as far as likening his legal troubles to the persecution of
U.S. Treasury Secretary Janet Yellen embarked on her second trip to China with a focus on addressing overcapacity concerns and advocating for market-oriented reforms. Her visit began with meetings in Guangzhou before heading to Beijing for more official discussions. The aim of her visit is to emphasize the importance of a healthy economic relationship between
British billionaire Joe Lewis was recently ordered by a U.S. judge to pay a $5 million fine and serve three years of probation for sharing illegal stock tips. Lewis, the founder of the Tavistock Group, pleaded guilty to one count of conspiracy and two counts of securities fraud in January. Sitting alongside his lawyers during
Two Florida brothers, Michael Shvartsman and Gerald Shvartsman, pleaded guilty in New York federal court to insider trading charges. They were involved in the purchase and sale of securities of Digital World Acquisition Corp., a shell company that eventually merged with former President Donald Trump’s social media firm. The brothers made over $22 million in
President Joe Biden recently had a phone call with Chinese President Xi Jinping, marking the first conversation between the two leaders since July 2022. The White House described this call as a way for the leaders to “check in” and responsibly manage the strained U.S.-China relationship. According to a senior administration official, intense competition between
Following a two-week operation by Israeli forces in Gaza City, Al Shifa Hospital was left in ruins with destroyed buildings and Palestinian bodies scattered throughout the complex. The aftermath of the clashes between Israel and the Palestinian Hamas group, which administers Gaza, left hundreds of residents flocking to the area to assess the damage. Reports
The collapse of Baltimore’s Francis Scott Key Bridge on Tuesday is likely to send shock waves across the U.S. economy, as a key shipping route for certain goods remains snarled for the foreseeable future, officials said Sunday. Maryland Governor Wes Moore emphasized that this is not just a Baltimore or Maryland catastrophe but a national
Engineers in Maryland took the first step towards reopening the shipping port in Baltimore by lifting a portion of the Francis Scott Key Bridge out of the waterway. Governor Wes Moore emphasized the significance of this initial movement, highlighting the complexity of the situation at a press conference. The collapse of the Key Bridge, caused