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Huawei is selling off its budget smartphone brand Honor after getting hammered by US sanctions
Honor is being sold to a consortium of more than 30 organizations, and Huawei will hold no shares i…
Reuters
India may bear the brunt of US sanctions against Iran
According to experts, while the European nations might still be convinced, the situation looks s…
Russia is still sliding towards a bond default in the coming weeks. It's up to the US Treasury whether it actually happens.
The Russian government narrowly avoided defaulting on its bonds this week, but its difficulties are…
Harry Robertson
The US justice official in charge of seizing Russian assets breaks down the capture of an oligarch's $90 million superyacht
The US was "in some ways lucky" the vessel was moored in Spain, the director of the inter-agency Kl…
Grace Dean
India among the eight countries allowed to continue buying oil from Iran even after the US reimposes sanctions — But there’s a catch
And while that may be true, it’s only temporary. So, essentially, it should be treated as an ext…
US and China trade war may escalate after the latest WTO ruling
The global trade watchdog is calling on the US to fix a mistake that was pointed out back in 201…
Russia is sanctioning 398 members of Congress to 'mirror' US sanctions on the State Duma, including lawmakers who criticized Ukraine
Russia's Foreign Ministry said the list was created on the "basis of reciprocity," referring to whe…
Matthew Loh
A 'nightmare' Russian debt default is now very likely after the US blocked payments, BlueBay strategist says
Timothy Ash said US bondholders would likely be hurt by the Treasury's move, but said it's "their o…
Harry Robertson
The US government is okay with India’s purchase of Russian weapons for now, but not for much longer
The Indian government will likely welcome the news of the waiver since its about to sign a large…
Oil prices spike ahead of US sanctions on Iran
Meanwhile, an unexpected drop in Saudi production last month also bolstered prices. Output in Saudi…
Gina Heeb
Russia is stockpiling gold as fresh US sanctions loom
As Russia buys gold, it continues to sell US Treasuries. The shift in strategy is believed to be in…
Will Martin
Why the US is sanctioning Venezuela
Beatrice Christofaro: So when oil prices plunged, suddenly the government didn't have money to pay …
Steve Cameron,Beatrice Christ…
Russia is building a new bond-payment system to get around US sanctions, as it tries to avoid a historic default
The new system will let Russia bypass the Western financial system entirely, Finance Minister Anton…
Harry Robertson
Yuan-ruble trading surges more than 1,000% as China and Russia draw closer together amid US tensions
The jump in yuan-ruble trading is one of a number of signs of China and Russia strengthening their …
Harry Robertson
Hong Kong's leader is being paid in cash due to US sanctions. Carrie Lam earns $56,000 a month and says money is now piling up at her house.
Chief Executive, Carrie Lam, currently cannot use her bank account. Earning $672,000 per year, she'…
Naina Bhardwaj
The Russian ruble is tumbling as US sanctions bite
The US Treasury Department announced Friday additional sanctions against nearly a dozen and a half …
Gina Heeb
India no more obliged to enforce US sanctions against Iran
"Countries like Japan and India that have paid an economic price to implement these sanctions w…
Russia's biggest oil company has slashed its production levels as sanctions bite, report says
Russian oil output has dropped since February, with state-owned Rosneft taking the brunt of the hit…
Harry Robertson
US hits Venezuelan president with sanctions
"Yesterday's illegitimate elections confirm that Maduro is a dictator who disregards the will of th…
Christopher Woody
US sanctions 24 Hong Kong and Chinese officials ahead of a high-level meeting with Chinese diplomats
The US sanctioned the officials over Beijing's ongoing crackdown on Hong Kong's democratic processe…