US and China Launch High-Stakes Talks on AI, Trade and Critical Minerals

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to hold high-level economic talks in New York on Sunday, September 20, as Washington and Beijing seek to prepare the ground for a major meeting between US President Donald Trump and Chinese President Xi Jinping later this week. The discussions, which will […]

U.S. Treasury Ratchets Up Pressure on Iran With Sweeping New Aviation Sanctions

The United States has sharply intensified its economic pressure on Iran by imposing sweeping new sanctions on the country’s aviation sector, targeting Iranian airlines, foreign intermediaries and companies accused of helping Tehran obtain aircraft and aviation technology. The U.S. Treasury Department announced on September 8 that its Office of Foreign Assets Control (OFAC) had sanctioned […]

US Expands Sanctions Campaign to Squeeze Iran’s Economy

The United States has launched a broad new sanctions campaign designed to intensify pressure on Iran’s economy, targeting the country’s oil revenues, financial networks, military procurement channels and international trading partners. U.S. Treasury Secretary Scott Bessent described the initiative as an “economic onslaught” against Tehran. The campaign, known as Operation Economic Outcast, combines fresh sanctions […]

US Threatens Iran With ‘Toughest Sanctions in History’ as Economic Pressure Intensifies

The United States is preparing what Treasury Secretary Scott Bessent has described as the “toughest sanctions in history” against Iran, dramatically escalating Washington’s economic campaign against Tehran as the conflict and tensions surrounding the region continue. Bessent said Thursday that the new measures would be designed to intensify pressure on Iran’s economy and reduce the […]

US Freezes Over $130 Million in Iran-Linked Crypto Wallets

The United States has frozen more than $130 million held in cryptocurrency wallets allegedly linked to the Central Bank of Iran, marking one of the largest digital asset enforcement actions targeting Tehran’s financial network. The action, announced by the U.S. Treasury Department, is part of Washington’s broader effort to disrupt Iran’s access to international financial […]