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28 June 2026

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El Paso Councilmember Proposes Ending Meta Data Center Tax Incentives Amid Rising Concerns
Trade & Tariffs

El Paso Councilmember Proposes Ending Meta Data Center Tax Incentives Amid Rising Concerns

A local official seeks to cancel El Paso’s tax break deal with Meta’s $10 billion data center project, citing environmental and fiscal risks amid community opposition.

US Targets Iran’s Largest Crypto Exchange for Enabling IRGC Sanctions Evasion
Trade & Tariffs

US Targets Iran’s Largest Crypto Exchange for Enabling IRGC Sanctions Evasion

The US Treasury sanctioned Iran’s biggest cryptocurrency platform, Nobitex, accusing it of facilitating the Islamic Revolutionary Guard Corps and central bank in bypassing sanctions.

US Treasury Sanctions Multiple Iranian Cryptocurrency Platforms and Operators
Trade & Tariffs

US Treasury Sanctions Multiple Iranian Cryptocurrency Platforms and Operators

The US Treasury added several Iranian crypto platforms and individuals to the sanctions list, aiming to disrupt Iran’s access to digital asset markets and expand enforcement reach.

China Permits Some Independent Refineries to Cut Fuel Output Amid Inventory Surplus
Trade & Tariffs

China Permits Some Independent Refineries to Cut Fuel Output Amid Inventory Surplus

Chinese authorities now allow certain independent refiners to reduce processing rates as fuel stockpiles remain high despite earlier mandates to sustain output.

US Prioritizes Staying Ahead of China in AI Amid Strategic Competition
Trade & Tariffs

US Prioritizes Staying Ahead of China in AI Amid Strategic Competition

Secretary of State Marco Rubio emphasized that maintaining US leadership in artificial intelligence is critical to national security as the US faces ongoing strategic rivalry with China.

Stephen Curry Partners With Li-Ning Despite U.S. Ban Over Forced Labor Accusations
Trade & Tariffs

Stephen Curry Partners With Li-Ning Despite U.S. Ban Over Forced Labor Accusations

Stephen Curry signs a decade-long deal with Chinese sportswear brand Li-Ning, a company banned in the U.S. over allegations tied to forced labor in Xinjiang.

EU Offers Conditional Sanctions Relief to Iran Amid Push for Broader Nuclear Talks
Trade & Tariffs

EU Offers Conditional Sanctions Relief to Iran Amid Push for Broader Nuclear Talks

The EU signals willingness to support sanctions relief for Iran if Tehran agrees to strict terms, linking progress to deeper negotiations on nuclear and security issues.

Polymarket Completes First AI-Linked Institutional Block Trade on Blockchain
Trade & Tariffs

Polymarket Completes First AI-Linked Institutional Block Trade on Blockchain

Polymarket executed its inaugural on-chain institutional block trade tied to AI compute pricing, signaling new uses for prediction markets in commodity futures.

China Boosts Childcare Subsidies Amid Sharp Decline in Birth Rate
Trade & Tariffs

China Boosts Childcare Subsidies Amid Sharp Decline in Birth Rate

The Chinese government is increasing childcare funding to address the country’s declining fertility rate, which has dropped below one child per woman.

Key World Leaders Visiting China in 2026 Reflect Global Diplomatic Focus
Trade & Tariffs

Key World Leaders Visiting China in 2026 Reflect Global Diplomatic Focus

More than two dozen senior officials from diverse regions have visited China this year as Beijing hosts foreign leaders amid growing trade, technology, and strategic cooperation interests.

US Senator Raises Concerns Over Nvidia’s Export Compliance and China Shipments
Trade & Tariffs

US Senator Raises Concerns Over Nvidia’s Export Compliance and China Shipments

Senior senator questions Nvidia’s claims about AI chip exports to China amid Justice Department investigations into alleged illegal diversions worth hundreds of millions.

China and Russia Strengthen Roles as US-Iran Conflict Tests Endurance
Trade & Tariffs

China and Russia Strengthen Roles as US-Iran Conflict Tests Endurance

As tension escalates between the US and Iran, China and Russia emerge as key players influencing the conflict’s trajectory through economic and diplomatic support.