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Dana Stroul, Senior Fellow and Director of Research at the Washington Institute for Near East Policy, says imposing more punishing economic pressure on Iran will depend on cooperation from partners including the UAE and China. She says the UAE's move to cut economic ties with Tehran could be "extremely significant" if ...

When Treasury Secretary Scott Bessent vowed to ramp up pressure on Iran by targeting its economic partners, he echoed former President George W. Bush’s warning to US allies after the Sept. 11 attacks....

The US Treasury sanctioned a fleet of fishing vessels suspected of smuggling tons of cocaine to Mexico each month, ultimately bound for the US....

Josh Lipsky, Vice President of International Economics at the Atlantic Council, says Beijing is betting President Donald Trump wants to make a "big show" of economic pressure on Iran but will stop short of squeezing Chinese banks. Lipsky also says the US is testing investors' patience in a way it hasn't for a long time...

Republican Rep. Mike Lawler of New York says the US should "hold the Chinese to account" for facilitating Iran's illicit oil trade as President Donald Trump pushes an economic "D-Day" against Tehran. Lawler, a member of the House Foreign Affairs and Financial Services committees, also calls the $40 trillion US debt a "...

Market Participants are warning that a unpredictability in the Treasury's strategy could portend higher borrowing costs. Treasury Secretary Scott Bessent is warning against any panic in the market. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg News Rates Reporter Michael Mackenzie br...

French police stopped more than 4,300 migrants from reaching UK shores aboard small boats in the first three months of a new deal between the two countries, the Home Office said, as it seeks to demonstrate headway in cracking down on irregular crossings....

Fierce competition from China and high energy costs are just two of the reasons Germany’s famous industrial machine has stalled. How did this crisis come to pass, and can Germany adapt in time? (Source: Bloomberg)...

Since 2021, Myanmar has been mired in civil war, with groups fighting for control, resources and money. Bloomberg Investigates obtained rare access to the country, tracing illicit funds fueling the conflict and examining the human cost of the war. (Source: Bloomberg)...

The trajectory for US public finances continues to head in the wrong direction....