external payments

Truckers ‘Freedom Convoy’ Protests Disrupt Ambassador Bridge on US-Canada Border

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Protesters fighting Covid-19 vaccine mandates temporarily stopped two-way traffic on the busiest international land-border crossing in North America, as a nearly two-week demonstration in Ottawa threatened to expand and disrupt US-Canada trade. Authorities in Canada and the US said the Ambassador Bridge, a 1.6-mile corridor that connects Detroit with Windsor, Ontario, was temporarily closed late … Read more

China Fortifies Its Borders With a ‘Southern Great Wall,’ Citing Covid-19

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An extensive buildup of barriers along China’s 3,000-mile southern border is under way, according to public documents, official statements and interviews with residents, ostensibly to battle Covid-19 but with likely long-lasting ramifications on trade and travel. The small Chinese city of Ruili, in the far south next to Myanmar, has seen a major construction project … Read more

Biden Sanctions Plan Targets Russian Banks, Companies and Imports If Ukraine Is Attacked

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WASHINGTON — The Biden administration is narrowing its targets for a barrage of economic sanctions against Russia if it attacks Ukraine — hitting major Russian banks, state companies and needed imports, though the strategy faces obstacles that have hindered previous pressure campaigns. Administration officials said the planned actions are being finalized and are unparalleled in … Read more