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Trump warns EU fine risks trade stability

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Trump warns EU fine risks trade stability

Treasury boosts short-term bills issuance

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Treasury boosts short-term bills issuance

Alphabet posts first negative cash flow from AI costs

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Alphabet posts first negative cash flow from AI costs

Trump considers larger Iran strikes

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Trump considers larger Iran strikes

China's Response to Rekindled Trade Tensions

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China's Response to Rekindled Trade Tensions
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EU adopts new Russia sanctions

The European Union has reached a political agreement on the 21st package of sanctions against Russia, aimed at increasing economic pressure on Moscow. The new sanctions include targeting 32 Russian banks, cryptocurrency companies, and oil trading networks that facilitate circumventing the sanctions. Additionally, there will be a freeze on the adjustment of Russia's oil price cap for one year to prevent Moscow from benefiting from market rises. The ban is also expanded to include ships from the Russian shadow fleet and their services, as well as restricting the entry of individuals involved in the war in Ukraine, all as part of efforts to cut off Russian income sources and enhance the effectiveness of the sanctions.

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