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3 mins read

TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.

TSMC and other chipmakers are barred from doing business with Huawei without exemptions from the US…

Huileng Tan,Beatrice Nolan   


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5 mins read

Dutee Chand extends support to under-fire boxer Imane Khalif following controversial win in Paris Olympics

Italian boxer Angela Carini quit her 66 kg women's category boxing match against Algeria's Imane Kh…

ANI   


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1 min read

US sanctions have tanked Russian semi-chip imports from China and Hong Kong, new data shows

Semiconductor exports shipped through China and Hong Kong have dropped as much as 28% in the first …

Filip De Mott   


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2 mins read

India bats for Security Council at UN where voices of developing nations find their place

India's Permanent representative to the UN, Ruchira Kamboj, on Tuesday, said, "What we therefore ne…

ANI   


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2 mins read

House Judiciary Committee threatens to subpoena FBI over Charles McGonigal documents

The FBI "may be attempting to hide the true extent of McGonigal's misconduct," the GOP-led committe…

Mattathias Schwartz   


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2 mins read

A global credit committee has been asked to rule on Russia's bond default, as next stage of debt crisis begins

The next stage of the wrangling over Russia's debts is beginning, as investors seek to get paid on …

Harry Robertson   


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3 mins read

There's no evidence Putin is using cryptocurrencies to dodge sanctions and Russia's too big for that anyway, crypto experts tell lawmakers

"You can't flip a switch overnight, and run a G-20 economy on cryptocurrency," Michael Mosier, a de…

Shalini Nagarajan   


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1 min read

Russian athletes skirted Olympic sanctions by wearing their country's flag on their sleeves during the Beijing opening ceremony

Russia received a four-year ban from the games due to past doping violations, so Russian athletes w…

Meredith Cash   


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1 min read

Biden targets Belarusian Olympic Committee in latest round of sanctions against authoritarian regime

The White House accused the country's Olympic Committee of facilitating money laundering, evading s…

Rebecca Cohen   


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2 mins read

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   


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2 mins read

Russia's debt default will be one of the hardest in history to resolve and could see the US seize the central bank's assets, economist says

The US seized Afghanistan's central bank reserves and could do it again with Russia, according to t…

Harry Robertson   


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5 mins read

Ukraine wants the US to sanction Pavel Fuks, the Kremlin-linked oligarch behind the effort to build a Trump Tower in Moscow. So far, the answer is no.

Pavel Fuks made millions in Moscow, then spent years cultivating ties to Donald Trump and Rudy Giul…

Mattathias Schwartz   


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7 mins read

Trump's lawyers keep getting in trouble with judges. Here are the 17 sanctioned so far.

Former President Donald Trump's election challenges have resulted in numerous sanctions for lawyers…

Jacob Shamsian   


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1 min read

Russia has skirted a debt default thanks to a US payment exemption. Now the Treasury is weighing whether to let it expire, says Janet Yellen

"We want to make sure that we understand what the potential consequences and spillovers would be al…

Phil Rosen   


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2 mins read

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   


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4 mins read

China and Russia are working on homegrown alternatives to the SWIFT payment system. Here's what they would mean for the US dollar.

China has ambitions to make the yuan the most dominant reserve currency in the world, but it has a …

Huileng Tan   


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1 min read

US attorney general says money from Russian oligarchs' seized assets should go 'directly to Ukraine'

Attorney General Merrick Garland said he expects requests for legislative changes to make it easier…

Kate Duffy   


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1 min read

Russia faces potential default scenario after using rubles to make payments on dollar bonds, industry group rules

Russia's attempt to pay dollar bonds using rubles was ruled a "potential failure to pay event" by t…

Phil Rosen   


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2 mins read

Russia central bank admits it's struggling to find foreign-currency options as sanctions spur 'structural transformation'

Western sanctions have frozen roughly half of Russia's $642 billion in foreign-currency reserves, l…

Phil Rosen   


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2 mins read

Holders of Russian dollar bonds say they cannot accept rubles as Moscow speeds towards default

Russia has tried to pay its dollar debts in rubles, but bondholders told Insider that's not a viabl…

Harry Robertson