US places limits on Egyptian bank to put more pressure on Iran
00:04 Speaker A Well, the US is issuing limits for one of Egypt’s largest banks against doing business…
US Treasury threatens to cut off $1.8B in Iranian shadow banking networks through UAE
WASHINGTON —Treasury Secretary Scott Bessent on Friday threatened to cut off $1.8 billion in Iranian shadow banking being…
Fed Chair signals interest rate hikes if inflation does not retreat
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high…
Treasury eyes sanctions on Banque Misr UAE for Iran ties
U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department…
US rolls out next moves as it tries to force Iran’s economic isolation
WASHINGTON (AP) — The Trump administration is taking steps to limit an Egyptian bank’s operations in the United…
UK warns Israel not to remove it from Gaza ceasefire center
The United Kingdom warned against any attempt by Israel to remove British officials from the Gaza ceasefire coordination…
U.S. Navy blockade slashes Iran oil exports as Trump shifts to economic warfare
Iranian crude oil exports have plunged in August as the U.S. relies on economic pressure through its naval…
Talks are ‘only way out’ on Iran, Beijing says as Trump hints at Chinese bank bans
Beijing has pushed back suggestions that Washington might sanction Chinese banks over their commercial links with Tehran, casting…
Trump said his war with Iran would last weeks. It’s been 6 months
WASHINGTON (AP) — President Donald Trump arrives at an awkward moment for his presidency on Friday as the…
US expands unilateral Iran sanctions
Washington’s move seen putting strain on global economy but not making Tehran bow down US Treasury Secretary Scott…
Trump used to say he saw a quick end to his Iran war. Six months later, he claims he’s in no hurry
WASHINGTON – President Donald Trump arrives at an awkward moment for his presidency on Friday as the U.S.-Israel…
China’s help critical, but unlikely, for US to choke off Iran
US Treasury Secretary Scott Bessent laid out plans this week to strangle Iran’s economy (Kent NISHIMURA) The United…