The U. S. Treasury has moved against people linked to fentanyl smuggling who used crypto to hide their profits. Two separate groups tied to the Sinaloa Cartel were added to the sanctions list after a joint operation by Homeland Security and the DEA. The Treasury said it will keep targeting car
Washington is set to file criminal charges against former Cuban leader Raul Castro, a move that would heighten tensions between the U. S. and the Caribbean nation. The allegations stem from an incident in 1996 when Cuban jets downed two small planes operated by a Miami‑based exile group. The U. S.
The Group of Seven finance leaders recently turned their focus toward China’s large‑scale export activity, using data from the International Monetary Fund to highlight how this strategy may be harming other economies. The meeting’s agenda included a discussion on global trade imbalances, with off
The U. S. just added more restrictions aimed at cutting off Iran's ability to move money around the world. This time, officials focused on an exchange house inside Iran called Amin Exchange along with a cluster of companies in places like China, Turkey, and the UAE. These businesses allegedly help I
The U. S. recently took steps to limit Cuba’s government by targeting key figures in politics and the military. Nine officials were named, including the communications minister and several high-ranking military leaders. The Treasury Department also listed Cuba’s main intelligence agency, which plays
For years, the U. S. has placed itself at the center of global financial rules, using sanctions to punish corrupt leaders and oligarchs. Targeted sanctions like those under the Global Magnitsky Act have hit powerful figures where it hurts—freezing their assets, banning travel, and cutting off their
The European Union has decided to keep some restrictions on Syria for another year, but with a twist. Seven government ministries tied to the old regime lost their sanctions status, while other penalties remain in place. This move comes after Syria’s longtime leader left power in late 2024 and a new
Estonia’s top spy says President Putin faces hard choices. The war in Ukraine has slowed, with Russian troops barely gaining ground since 2023. At the same time, sanctions from Western countries are draining Russia’s money supply. The country’s $3 trillion economy fell by 0. 3 % in the firs
The meeting in Beijing between the U. S. and China leaders was not just about trade or Taiwan; it also tackled a hot issue: Iran’s nuclear ambitions. The U. S. president said he is tired of waiting for Iran to change its course and that the two countries had agreed that Iran must not acquire a nucle
Trump is set to meet Xi Jinping this week, hoping Beijing will help end the costly war in Iran. The president expects China to push Tehran back to negotiations, but Beijing may have other priorities. China buys a lot of Iranian oil and has strong ties with the Middle East. It wants the Strait of Ho
