Iranian-linked wallets transferred over $3.8 billion through CoinEx since 2019, revealing significant use of the platform to bypass US sanctions, says blockchain analyst TRM Labs.
India and the United States advanced discussions on expanding cooperation in semiconductor production, artificial intelligence, trusted supply chains, and critical minerals during a high-level Washington meeting.
The United States spearheads an international agreement named Pax Silica to secure critical AI chip components and cut reliance on Chinese supply chains.
Despite decades of engagement, Western companies still misinterpret China’s complex business culture, overlooking the social and cultural dynamics that shape success.
Iran increasingly conducts oil sales through Chinese buyers paid in yuan, bypassing US banks and complicating American sanctions enforcement.
A major U.S. cattle association backs potential withdrawal from the USMCA, urging mandatory origin labeling, import quotas, and higher tariffs to protect domestic producers.
Despite strict bans, NVIDIA’s advanced Blackwell GPUs continue circulating within China’s tech sector, fueling a black market where prices have surged well beyond official costs.
Cuba criticized new US sanctions imposed on five state-owned firms and a relative of former President Raul Castro, describing the measures as an attempt to damage the nation’s economy.
The US sanctioned nine individuals and 26 entities linked to Cambodia’s Prince Group for orchestrating large-scale cyber scams that defrauded Americans of billions in 2024.
China detained two Japanese citizens in May on suspicion of smuggling, highlighting growing challenges in Japan-China trade relations and rare earth export controls.
At China’s Summer Davos in Dalian, artificial intelligence and geopolitical tensions dominated as global economic growth forecasts were revised downward.
The US Treasury sanctioned individuals and companies tied to a Cambodia-based criminal group accused of massive online fraud schemes targeting Americans and laundering illicit funds internationally.