EU drafts sanctions package targeting 1,600 Russian entities
The European Union is drafting its largest sanctions expansion since Russia's full-scale invasion of Ukraine, targeting roughly 1,600 people and…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Bessent presses G20 on tariffs, Iran sanctions and bond yields in Asheville talks
U.S. Treasury Secretary Scott Bessent enters a two-day G20 finance meeting in Asheville, North Carolina, pressing counterparts to shrink trade…
Russia vows major strikes on Ukraine’s energy grid as winter nears
Russia has announced plans to carry out major strikes on Ukraine's energy grid, extending an ongoing campaign against power plants,…
Political instability in US, Israel, Iran erodes odds of a US-Iran reconstruction deal
Market pricing on a US-Iran deal that includes reconstruction funding fell from an 18% to a 10.5% likelihood over the…
Trump launches ‘Operation Economic Outcast’ to isolate Iran, but Tehran signals it will not fold
The Trump administration has launched what it calls Operation Economic Outcast, a campaign to cut Iran off from the global…
