US sanctions against Russia could harm the US more than Moscow, creating economic uncertainty and eroding geopolitical influence as nations seek dollar alternatives, Responsible Statecraft reports.
Advanced Micro-Fabrication Equipment China (AMEC) reports a 282-311% year-on-year profit growth to at least 2.7 billion yuan ($400 million) in H1, driven by strong domestic semiconductor demand amid US sanctions.
India and Iran are negotiating Chabahar Port management, with India seeking legal guarantees from Iran for its rights as US seeks peace talks with Tehran. The port is crucial for India's strategic outreach to Central Asia, and India aims to prevent China from claiming it if its role diminishes.
The U.S. Office of Foreign Assets Control sanctioned HormuzSafe Marine Services Authority and Persian Gulf Marine Insurance Company for operating in Iran's financial sector and supporting an IRGC-backed scheme. The firms allegedly force commercial vessels to buy insurance for Strait of Hormuz passage, with HormuzSafe accepting Bitcoin to bypass sanctions.
Colombia's Foreign Minister Rosa Yolanda Villavicencio told RT that US sanctions on outgoing President Gustavo Petro were due to his strong support for Palestine and accusations of genocide against Israel, not his drug trafficking record. The incoming president, Abelardo de la Espriella, plans to reverse Petro's policies and restore ties with Washington and Israel.
Beijing has condemned the White House's decision to add 43 Chinese companies to an import blacklist, citing alleged forced labour in Xinjiang. This move, described as "economic coercion" by China, marks the third set of US sanctions against China this week, expanding the entity list under the Uygur Forced Labour Prevention Act.
Jake Werner, an expert from the Quincy Institute, suggests China could halt rare earth exports and impose retaliatory tariffs/sanctions on the US if Washington enacts new large-scale restrictions against Russia and its key trading partners, potentially triggering a crisis in US-China relations.
The U.S. Treasury sanctioned two Iranian firms, Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority, for requiring vessels to buy IRGC-approved 'insurance' to transit the Strait of Hormuz. HormuzSafe accepts Bitcoin and other digital assets to evade sanctions, despite prior skepticism from blockchain analysts about crypto's scale use for such tolls.
The US sanctions 8 mainland Chinese and Hong Kong shipping companies for operating vessels that transported Iranian oil to China and the UAE, amid ongoing economic campaign against Tehran.
Russia aims to increase Chinese tourist arrivals to 5.5 million by 2030. US senators agree on new anti-Russia sanctions. EU warns of economic crisis in Armenia if it leaves EAEU. Global news includes drone tech, oil price drops, and geopolitical tensions.
The ICC Assembly of States Parties voted to remove Prosecutor Karim Khan over sexual misconduct allegations, despite a judicial panel finding no misconduct. Khan's legal team claims the move was politically motivated, citing pressure from the US and Israel following his issuance of arrest warrants for Israeli leaders.
Huawei founder Ren Zhengfei has publicly endorsed the 'Tau Scaling Law' as the company's sole strategy for survival and growth amidst external pressures, according to internal remarks reported by Science and Technology Daily. He emphasized it's a path for survival, not disruption.
Chinese AI labs like Moonshot AI and Alibaba are releasing powerful open-source models, challenging Western dominance. US officials, including Commerce Secretary Scott Bessent and Michael Kratsios, express concern, alleging IP theft and considering sanctions, intensifying the US-China AI competition.
A US judge has set June 1, 2027, as the trial date for Venezuela's ousted president Nicolas Maduro and his wife, Cilia Flores, in Brooklyn on drug trafficking charges. They pleaded not guilty and face potential life sentences if convicted.
Venezuela's ousted president Nicolas Maduro is set to appear in a New York court for his third public hearing on Wednesday, facing drug trafficking and firearms charges. Captured by US forces in January, Maduro and his wife Cilia Flores have pleaded not guilty, with prosecutors proposing a June 2027 trial date.
Meliá, a Spanish hotel chain, will cease all operations in Cuba by week's end, citing "major difficulties" and "impossible" operational stability due to escalating US sanctions, following an earlier decision to cut 15 hotels.
Serbian President Aleksandar Vucic anticipates a swift conclusion to negotiations for Hungarian energy group MOL to acquire Russia's stake in NIS. The deal faces complexities due to US sanctions on Gazprom Neft, NIS's majority shareholder, with a July 31 deadline for resolution.
Cuba's national power grid collapsed Monday, plunging around 10 million people into darkness. The nationwide blackout exacerbates the island's ongoing energy crisis, marked by frequent outages due to aging infrastructure and fuel shortages, with the government blaming US sanctions.
Iran has initiated discussions with Japanese companies for potential oil sales, facilitated by a U.S. sanctions waiver set to expire on August 21. Buyers are seeking an extended waiver and improved shipping safety assurances due to concerns in the Strait of Hormuz, with insurance remaining a key hurdle.
The US has sanctioned Rwandan businessmen and companies for allegedly financing the M23 rebellion in the DRC through illicit conflict mineral trade. The measures aim to disrupt smuggling networks and highlight growing international pressure over the region's mineral wealth.
The US has sanctioned Rwandan businessmen and companies for allegedly financing the M23 rebellion in the DRC through illicit conflict mineral trade. The measures aim to disrupt smuggling networks, with Rwanda rejecting the allegations as biased.
Mexico secured a 2-0 victory over Ecuador to reach the FIFA World Cup 2026 Round of 16, but the win was marred by the recurring homophobic 'puto' chant from home supporters, potentially leading to disciplinary action.
Mexico secured a 2-0 victory over Ecuador to reach the FIFA World Cup 2026 Round of 16, but the celebrations were marred by the homophobic 'puto' chant from home supporters, a recurring issue that has led to previous FIFA sanctions.
Andy Burnham faces immediate international crises upon becoming Prime Minister, inheriting a volatile global landscape shaped by Trump's actions and Putin's aggression. The article contrasts his lack of foreign policy experience with Keir Starmer's perceived weaknesses in handling defence and international relations.
