If Saudi Arabia were to break the tradition of pricing its oil in US dollars, as it is contemplating doing, others could well start to price oil in Chinese yuan or other currencies — negatively affecting the US dollar’s status and potentially the entire US economy. “China must brace for …

Russia’s invasion of Ukraine and the unprecedented sanctions imposed against Russia by the United States, Europe and other countries are negatively impacting the global economy. The European economy is under particular strain due to its dependence on Russian energy and the huge flow of refugees it is absorbing. The direct …

As part of these efforts, Iraqi airstrikes have killed at least 70 ISIS militants, a top official recently said. Iraqi F-16 fighter jets targeted a group of ISIS militants in the country’s eastern Diyala province on Sunday afternoon, the military announced. The jets conducted three airstrikes on the militants in …