U.S. Expands Sanctions On Cuba's Tourism Sector
The report said the sanctions, authorized under a May executive order, block the U.S.-based property and financial interests of the designated entities.
Power & Capital
Where state power meets the boardroom. Power & Capital is TIPP Insights' daily geoeconomic brief. We decode tariffs, sanctions, supply chains, energy, and global risk for the people who run companies. Five sharp stories every weekday, anchored by the monthly TIPP Geoeconomic Risk Index. Read it for what the headlines actually cost the bottom line.
US Trade Fraud Investigations Surpass $1 Billion Mark
The total includes penalties, settlements, restitution, asset forfeitures and alleged losses in pending criminal and civil cases. About $150 million of the overall figure relates to ongoing cases.
Trump's Iran Blockade Plan Sends Global Oil Prices Higher
U.S. West Texas Intermediate crude rose above $80 per barrel, while Brent crude climbed past $87 after extending gains from the previous session.
Gulf States Accelerate Oil Export Alternatives To Strait Of Hormuz
Saudi Arabia is diverting around four million barrels of crude per day through its East-West pipeline to the Red Sea, while the United Arab Emirates is reportedly planning a new port
Leftist Billionaire’s Bankrolling Of E. Jean Carroll’s Case Against Trump Draws Ethics Complaint
Tax filings from 2023 for Hoffman’s nonprofit, American Future Republic, show it paid $7 million to Carroll’s lawyers to help cover legal expenses, according to the Capital Research Center, which monitors nonprofits.
Few Details Emerge From Kemp’s Private Meeting With OpenAI And Georgia Power
The outlet obtained additional minor details through a public records request, which produced a one-page briefing memo prepared by Kemp’s scheduling director, Anna Horvath.
Trump Urges Senate To Pass Crypto Bill Honoring Lindsey Graham
According to the report, banking groups oppose the measure, warning it could divert deposits away from traditional financial institutions.
Zeldin Unveils EPA Plan To Save Truckers $12 Billion
The administration plans to address manufacturers’ concerns, consumer pricing, and truckers’ safety by addressing system failures.
Trump Announces Hormuz Blockade, New Cargo Charge
According to the report, the proposed blockade would apply to vessels entering or leaving Iranian ports, while commercial traffic from other nations would continue to have access to the strategic waterway.
Judge Rebukes Trump Over $10 Billion IRS Lawsuit
Trump's legal team rejected the judge's findings
States Launch Antitrust Challenge Against Paramount Deal
According to the lawsuit, the deal would weaken competition in blockbuster film distribution, theatrical releases and cable channel licensing.
Why Is The UK's Switzerland Trade Deal Significant
The agreement is projected to generate an additional £5.2 billion ($6.96 billion) in annual U.K. exports over time
Stablecoin Issuer Circle Cleared To Operate Trust Bank
The approval allows Circle National Trust to directly manage the reserves backing its USDC stablecoin, which has more than $73 billion in circulation.
Why Is Trump Refusing To Sign The Housing Bill
Despite Trump's refusal to sign the bill, it is expected to become law automatically on Saturday unless he formally vetoes it.