Amid tensions with China, some US states are purging Chinese companies from their investments
JEFFERSON CITY, Mo. -- As state treasurer, Vivek Malek pushed Missouri's main retirement system to pull its investments from Chinese...
archiveRussia-Ukraine war
US banks to begin reporting Russian assets for eventual forfeiture under new law
NEW YORK (AP) — The Treasury Department ordered the nation’s banking industry to start disclosing its holdings of Russian assets on Tuesday, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy. The disclosure is required under a new law passed by Congress earlier this year known as the REPO Act, which gives the U.S. government the authority to seize Russian state assets held by U.S. banks, with the goal of eventually selling them and giving those funds to...
Britain’s biggest retirement provider ramps up investment in UK defence
This has forced some funds to shun some of the biggest companies in the industry, including BAE Systems and QinetiQ.Phoenix...
U.S. sanctions ‘sprawling’ shadow banking network for supporting Iranian military
WASHINGTON — The U.S. Treasury Department said Tuesday it is imposing economic sanctions on 50 people and firms across Hong...
US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit...
Europe faces a painful adjustment to higher defence spending
With Vladimir Putin issuing threats and Donald Trump musing about withdrawing support, everyone agrees that Europe needs to spend more...
Biden says the US is rushing weaponry to Ukraine as he signs a $95 billion war aid measure into law
WASHINGTON -- WASHINGTON (AP) — President Joe Biden said Wednesday that he was immediately rushing badly needed weaponry to Ukraine...
Biden signs $95 billion aid package with assistance for Ukraine, Israel, Taiwan. Calls for TikTok ban or sale
WASHINGTON (AP) — President Joe Biden said Wednesday that he was immediately rushing badly needed weaponry to Ukraine as he...
Ukrainian and Western leaders welcome US aid package
KYIV, Ukraine (AP) — Ukrainian and Western leaders on Sunday welcomed a desperately needed aid package passed by the U.S....
After Congress finally does pass new funding, this is how the US can rush weapons to Ukraine
WASHINGTON (AP) — The Pentagon could get weapons moving to Ukraine within days once Congress passes a long-delayed aid bill....
