Press
Showing 701-720 of 882 Items
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Europe steps up drive to exempt Swift from Iran sanctions
European finance ministers will try to persuade the Trump administration not to cut off Iran’s access to Swift, the global financial messaging service, in meetings with Steven...
By Elizabeth Rosenberg
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The Next U.S. Clash With China Will Be All About Iran’s Oil
As if they needed it, U.S.-China relations face a new flashpoint on Nov. 4, when Washington’s new sanctions on Iran take full effect with the stated objective of cutting Tehra...
By Peter Harrell
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As oil prices rise, US locks in on Iran sanctions
Rising global oil prices will not deter the Trump administration from pushing sanctions forward on Iranian crude exports in November, several analysts told S&P Global Plat...
By Elizabeth Rosenberg
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Trump's trade victories mean the White House can now 'focus all its ire on China'
Using trade deals with Canada, Mexico and South Korea as leverage, Washington looks set to sharpen its hard line trade policy against China and what it deems unfair trade prac...
By Rachel Ziemba
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There's A Showdown Coming Between The U.S. And Countries Doing Business With Iran
Iranian oil exports are tumbling ahead of the reimposition of sanctions in early November by the Trump administration. But Iran's biggest oil customer, China may try and circu...
By Elizabeth Rosenberg
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What’s a Special Purpose Vehicle, and Can Europe Save Iran With It?
It’s been nearly five months since American President Donald Trump withdrew from the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA). The ...
By Neil Bhatiya
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Too big to sanction? U.S. struggles with punishing large Russian businesses.
When the Treasury Department imposed tough sanctions on Russian oligarch Oleg Deripaska and his companies in April, the fallout for the Putin ally was fast and fierce. Western...
By Elizabeth Rosenberg
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Trump administration’s use of sanctions draws concern
February was a typically busy month for U.S. officials who announce government sanctions. One package of measures issued by the Treasury Department targeted North Korea, with ...
By Elizabeth Rosenberg
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The Energy 202: Trump slammed Merkel over a pipeline from Russia. But with Putin, he demurred.
President Trump said a number of things at his press conference Monday alongside Russian leader Vladimir Putin that few thought a U.S. commander in chief would ever say. Trump...
By Edoardo Saravalle
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Trump Plan to Prop Up Coal, Nuclear Won’t Protect the Electric Grid
President Donald Trump and Republican political leaders spent close to eight years accusing the Obama administration of picking winners and losers in the energy sector, but Tr...
By Neil Bhatiya
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The U.S. is trying to find a discreet way to pay for Kim Jong Un’s hotel during the summit
At an island resort off the coast of Singapore, U.S. event planners are working day and night with their North Korean counterparts to set up a summit designed to bring an end ...
By Elizabeth Rosenberg
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The U.S. Has Lost the Nuclear Race
The US has the largest stockpile of nuclear arms in the world. But on nuclear energy, it's all but out of the race. Of more than 50 new nuclear reactors being built around the...
By Neil Bhatiya
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Rusal’s dividends from Norilsk threatened by sanctions
US sanctions imposed against Russian aluminium producer Rusal threaten the lucrative flow of dividends from mining company Norilsk Nickel, amid concerns over doing business wi...
By Peter Harrell
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Trump’s fluid approach to national and economic security is leaving his allies baffled
President Trump is merging his national security and trade goals in a blur of tactical improvisation that risks alienating U.S. allies and opening American businesses to costl...
By Peter Harrell
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North Korea continues to raise foreign currency despite sanctions
North Korea’s trade deficit with China has ballooned, raising questions on how the reclusive state has been able to continue to generate foreign currency reserves despite the ...
By Neil Bhatiya
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"Better to Cancel Than String This Along": How the Trump-Kim Bromance Died
In a remarkable scene Thursday morning, a haggard-looking Bob Corker opened Secretary of State Mike Pompeo’s scheduled hearing before the Senate Foreign Relations Committee wi...
By Neil Bhatiya
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For European firms, resisting American sanctions may be futile
“Donald Trump is the sort of guy who punches you in the face and if you punch him back, he says ‘Let’s be friends’. China punched back and he retreated. The Europeans told him...
By Elizabeth Rosenberg
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US and EU head for showdown over shutting Iran off from finance
The US and EU are heading for a showdown over how to handle one of the linchpins of the global financial system following Donald Trump’s decision to re-impose sanctions on Ira...
By Elizabeth Rosenberg
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French oil giant Total seeks Iran sanctions waiver from Trump for $2 billion project
The French oil giant Total threatened Wednesday to pull out of a $2 billion natural gas project in Iran if President Trump does not give it a waiver from sanctions he reimpose...
By Elizabeth Rosenberg
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Crude prices rise despite Saudi pledge to ‘mitigate’ effect of U.S. sanctions on Iranian exports
President Trump’s decision to scrap the Iran nuclear deal and reimpose sanctions has sent global buyers of Iranian oil scrambling to line up other sources of supply. Saudi Ara...
By Elizabeth Rosenberg