Scott Bessent threatened sanctions against oil buyers, while Alibaba and Baidu were noted as Chinese tech companies.
1 report, 1 independent
Updated Aug 30
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What happened
Scott Bessent threatened sanctions against oil buyers, while Alibaba and Baidu were noted as Chinese tech companies.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Scott Bessent
United States Secretary of the Treasury
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Alibaba Group
Chinese multinational technology company
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Baidu
Chinese web services company
Nothing else this week.
Related events
- Scott Bessent, while meeting counterparts in Beijing, announced that US proposed rulemaking targets financial institutions like Banque Misr in connection with Iran sanctions.
- US imposed sanctions on Chinese refineries, leading to reduced Iranian oil purchases, according to Scott Bessent.
- Scott Bessent announced unprecedented sanctions against Iran, targeting conduits that fund Islamic Revolutionary Guard Corps entities.
- US imposes sanctions on Iran's financial lifelines, specifically targeting India-based companies.
- Chinese companies are pursuing listings in Hong Kong while global powers compete in the AI race.