Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case
Truong My Lan received the death penalty as Vietnam’s Communist Party cracks down on corruption in the fast-growing Southeast Asian economic hub.
U.S. Approves $500 Million for Bahrain Oil Project, Despite Opposition
The financing faced criticism that it doesn’t mesh with U.S. commitments on climate change. Earlier, two climate advisers had resigned over the plan.
Biden Announces Major New Sanctions on Russia After Navalny’s Death
The Biden administration, responding to the death of Aleksei A. Navalny, unveiled its largest sanctions package to date as the war in Ukraine enters its third year.
A Russian Bank Account May Offer Clues to a North Korean Arms Deal
Moscow may be trying to help Pyongyang with access to the international financial system in exchange for missiles and ammunition, U.S.-allied intelligence officials suggest.
Bank of America Reverses Its Pledge Not to Finance Fossil Fuels
The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations.
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
Iceland Scrambles to Shelter Residents Made Homeless by Volcanic Eruption
In a country of fewer than 400,000, finding places for 3,700 residents is complicated by a tough housing market.