White House Press Secretary Karoline Leavitt on Friday sought to signal that the legal pressure was not off Fed Chair Jerome Powell, despite the Justice Department dropping its investigation into his handling of renovations at the central bank. Leavitt said “the case is not necessarily dropped,” pointing to a statement released by Jeanine Pirro, the……
A union representing workers at Spirit Airlines said Friday that potential federal relief for the bankrupt carrier must protect its employees. The International Association of Machinists and Aerospace Workers (IAM), the union representing the airline’s ramp service employees, said in a statement “that means no furloughs, no layoffs, and no shifting the burden onto the……
WASHINGTON — With tensions high and the prospects for a deal to end the US-Israeli war with Iran uncertain, analysts say a “two-way street” of support from Russia and China is a crucial element of Tehran’s ability to weather the effects of weeks of air attacks and keep its military machine running after severe losses….
The Treasury Department on Friday announced new sanctions on a Chinese oil refinery and dozens of shipping firms and vessels, including those with ties to Hong Kong, in a bid to disrupt Iran’s oil exports. The sanctions take aim at a main revenue stream for Iran, ahead of high-stakes talks between the U.S. and Iran……
Senate Armed Services Committee Chairman Roger Wicker (R-Miss.) says “the time is over for negotiations with Iran’s regime,” signaling growing pessimism among Senate Republicans about the likelihood of reaching a peace deal to reopen the Strait of Hormuz without further U.S. military action. “The radical successors of Khamenei can never be trusted to keep any……
Sen. Bernie Moreno (R-Ohio) introduced a resolution on Friday that would ban senators from participating in prediction markets amid concerns about potential insider trading on the platforms. The resolution would amend the Senate rules to include a provision stating that members may not enter into “an agreement, contract, or transaction that provides for any purchase,……
The European Union has stripped the Venice Biennale of a 2 million euro ($2.3 million) grant after organizers of the prestigious contemporary art exhibition allowed Russia to participate in this year’s event. The European Commission, the bloc’s executive arm, had threatened to pull the funds if Russia took part in the exhibition, which opens next…
Beijing has placed seven companies in the European Union on an export control list, the Chinese Commerce Ministry said on April 24. The firms, which operate in the defense, aerospace, and satellite intelligence industries, include the Belgian-based firearms manufacturer FN Herstal. The announcement comes a day after the EU formally adopted its 20th sanctions package…
Forty years after the Chernobyl nuclear disaster, Nobel Prize–winning author Svetlana Alexievich says Belarus is still a “laboratory” in which the long-term effects of the massive radiation leak continue to play out. Speaking to RFE/RL’s Belarus Service, Alexievich said lessons of Chernobyl are being forgotten and more personal testimonies needed to be gathered. “Belarus is…
A court in Pristina sentenced two men to life in prison for a brazen attack by ethnic Serbs on a police unit in northern Kosovo in September 2023 that left one police officer and three of the attackers dead. Blagoje Spasojevic and Vladimir Tolic were handed life sentences by the Basic Court in Pristina on…