China’s Xi Jinping Meets Saudi Crown Prince in Pivotal Visit

China’s Xi Jinping Meets Saudi Crown Prince in Pivotal Visit

RIYADH, Saudi Arabia—Chinese leader Xi Jinping met with Saudi leaders Thursday at the start of a multiday state visit, as the oil-rich desert kingdom strengthens ties with U.S. rivals amid doubts about Washington’s commitment to the Middle East. Crown Prince Mohammed bin Salman, who runs the kingdom’s daily affairs, greeted the Chinese leader with a … Read more

Argentine Court Sentences Vice President Cristina Kirchner to Six Years in Prison

Argentine Court Sentences Vice President Cristina Kirchner to Six Years in Prison

BUENOS AIRES—A federal court on Tuesday convicted Vice President Cristina Kirchner of fraud charges and sentenced her to six years in prison for embezzling money through public-construction contracts, a blow for a leftist government grappling with soaring inflation and one of the worst economic crises in two decades. A three-judge panel said Mrs. Kirchner, along … Read more

Most Power Is Restored in Kyiv as Russian Strikes Hit Southern Ukraine

Most Power Is Restored in Kyiv as Russian Strikes Hit Southern Ukraine

MYKOLAIV, Ukraine—Ukrainian officials said Sunday that they had managed to restore most of the electricity to the capital city of Kyiv, even as Russian strikes hit cities across southern Ukraine and intense fighting continued in the country’s eastern Donetsk region. Even though parts of Ukraine’s electricity grid have been hobbled by Russian strikes over the … Read more

Stop Pronouncing ‘Turkey’ Wrong, Country Begs the Rest of the World

Stop Pronouncing ‘Turkey’ Wrong, Country Begs the Rest of the World

Talking turkey is a pastime in the halls of government around the world. Yet what to call Turkey, the country, is something many can’t agree on. In April, Turkish President Recep Tayyip Erdogan asked the international community to recognize his nation by its traditional name, spelled “Türkiye” and pronounced Tour-key-yeh. A name flap His government … Read more

Chevron Gets New U.S. License to Pump Oil in Venezuela Again

Chevron Gets New U.S. License to Pump Oil in Venezuela Again

WASHINGTON—The U.S. said it would allow Chevron Corp. CVX -0.29% to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement an estimated $3 billion humanitarian relief program and continue dialogue in Mexico City on efforts to hold free and fair elections. Following the Norwegian-brokered … Read more

Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon

Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon

WASHINGTON—Most Federal Reserve officials thought they should slow the pace of interest-rate increases after approving a 0.75-percentage-point rate rise at their meeting earlier this month to battle high inflation. Their discussion at the meeting, described in minutes of the gathering released Wednesday, suggests they could downshift to a rate rise of 0.5 percentage point, or … Read more

Jack Smith Named Special Counsel to Lead DOJ Probes of Donald Trump

Jack Smith Named Special Counsel to Lead DOJ Probes of Donald Trump

WASHINGTON—Attorney General Merrick Garland appointed a former federal and international war-crimes prosecutor as special counsel on Friday to oversee Justice Department investigations into former President Donald Trump. Jack Smith, who once led the Justice Department unit that investigates public corruption and since 2018 was the chief prosecutor at The Hague investigating war crimes in Kosovo, … Read more

Ivana Trump’s N.Y.C. Townhouse, Decked Out in Gold and Animal Print, Asks $26.5 Million

Ivana Trump’s N.Y.C. Townhouse, Decked Out in Gold and Animal Print, Asks $26.5 Million

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Stepping into Ivana Trump ‘s Manhattan townhouse, with its limestone facade and embellished gold entryway, is like stepping back in time to the 1980s, when the late socialite and her ex-husband, former … Read more

U.S. Official Says China Is Uncomfortable With Russia’s Rhetoric, Activity in Ukraine

U.S. Official Says China Is Uncomfortable With Russia’s Rhetoric, Activity in Ukraine

NUSA DUA, Indonesia—A senior U.S. official said China is uncomfortable with Russia’s rhetoric and invasion of Ukraine, as President Biden and Chinese leader Xi Jinping prepared for a meeting aimed at dialing down tensions between Washington and Beijing. “I think there is undeniably a discomfort in Beijing about what we’ve seen in terms of reckless … Read more

First Came the Crypto Crash. Now Comes the Taxman.

First Came the Crypto Crash. Now Comes the Taxman.

The rout in cryptocurrencies worsened this week with the collapse of the offshore exchange FTX. With bitcoin recently down more than 60% in 2022, many crypto investors would surely like to forget about digital assets, at least for now. That would be a mistake. The Internal Revenue Service hasn’t lost interest in cryptocurrencies, and investors … Read more