Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — As the U.S. ramped up pressure this week on China with secondary Iran sanctions, the world’s two largest economies have still managed to stay focused…
The US’s ‘Operation Economic Outcast’ is aimed at blocking all revenue sources for Iran. (Photo: AP/Reuters) With the US’s ‘Operation Economic Outcast’ on track, Beijing has warned of a challenge the programme might face. Lin Jian, a spokesperson for the Chinese foreign ministry, said China-Iran cooperation “should not be disrupted or undermined”. “China is closely…
WASHINGTON — Treasury Secretary Scott Bessent announced the start of the “Operation Economic Outcast” campaign against Iran to “tighten the noose” around the regime and warned countries against doing business with Tehran. The Trump admin aims to choke off revenue streams to the Iranian regime by pressuring secondary countries to stop doing oil, energy and…
Iran’s foreign minister dismissed the threat of new US sanctions as a sign of desperation on Sunday and said the expected new measures would fail to defeat Tehran. Araghchi said Washington must speak to Iran respectfully to find “a solution based on justice and honour.” (REUTERS) US treasury secretary Scott Bessent, who is due to…
NEWYou can now listen to Fox News articles! Sen. Jim Banks, R-Ind., took to the Senate floor Wednesday to call out Neville Roy Singham, saying the communist tech tycoon’s vast nonprofit network is helping China wage “political warfare” against the U.S. Singham, a 72-year-old American who sold his tech company for $785 million in 2017…
U.S. Treasury Secretary Scott Bessent during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have been distilled from…
Iran on Monday quoted legendary English playwright William Shakespeare to slam US treasury secretary Scott Bessent’s claim that Washington had seized roughly $1 billion in Tehran’s cryptocurrency holdings amid ongoing tensions in West Asia. The new US action comes amid ongoing indirect talks between Tehran and Washington, mediated by Pakistan. (AFP File) Iran’s foreign ministry…
Trump is back at his game as an Iran peace deal eludes himDonald Trump was enraged. Here he was working tirelessly to make America great again and prevent Iran from making a nuclear bomb. And there all these judges and other busybodies were putting spokes in the wheel.Yet amid tortuous peace talks with Iran, POTUS…
From Taiwan to Tehran, the summit between President Donald Trump and China’s President Xi Jinping addressed some of the most pressing global security issues—including AI. In an interview, Treasury Secretary Scott Bessent indicated that Washington and Beijing “are going to start talking” about a threat neither country can manage alone: the misuse of AI by…
The Sea Voyager crude oil tanker anchored off the Port of Long Beach in Long Beach, California, US, on Thursday, May 7, 2026. Tim Rue | Bloomberg | Getty Images Oil prices rose Friday after U.S. President Donald Trump said China has agreed to purchase oil from America, following talks with Chinese leader Xi Jinping. International…