The U.S is threatening further sanctions against the Nord Stream 2 natural gas pipeline linking Russia and Germany.
Traders are concerned about supply.
Both sides have blamed the other for the failure to reach a deal.
A new electronic money-transfer system intends to "create some economic independence for European companies," one expert says.
Following a 15-day congressional notification period, the sanctions will take effect on or around Aug. 22.
U.S. sanctions on Iran go into effect today. Back in 2015 when Iran agreed to limit its nuclear program, many U.S. sanctions were lifted. But President Donald Trump pulled out of the multinational agreement in May, and now the measures are back. What’s at stake for foreign companies? Click the audio player above to hear […]
Plus, we take a look at how locals are reacting.
North Korea's relationship with the U.S. is not about "aid or even investment," according to Leon Sigal, director of the Northeast Asia Cooperative Security Project at the Social Science Research Council.
In Germany, officials are confident that the European leaders will broker a deal that avoids U.S. punishment.
The U.S. Treasury Department imposed sanctions on 38 Russian individuals and entities today. Treasury Secretary Steven Mnuchin says they’ve played a key role in the Kremlin’s “malicious cyber activities” and attempts to “subvert” Western democracies. The sanctions take aim at seven Russian oligarchs, and 17 senior officials in the Russian government. But, who are they? […]