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E-edition

Vol 45 No. 29 July 21, 2025

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Recent stories
United States Capitol Building
Nominations on Senate Calendar
The following nominations appear on the Executive Calendar for July 21, 2025. These individuals have been nominated by President Trump to fill key roles across the Department of Commerce, State Department, development finance agencies, and U.S. foundations: A nomination on the Senate Executive Calendar is procedurally eligible for confirmation by the Senate, but still requires scheduling and action by Senate leadership.
EU and Ukrainian flags fly in Brussels, Belgium.
EU Ratchets Russia Sanctions
The European Union has approved a new package of sanctions against Russia targeting its banking and energy sectors, following Slovakia’s withdrawal of its veto. The move clears the way for …
1 CHF = 1.25 USD
FCPA Enforcement Remains Dormant
FCPA enforcement activity remained dormant for a second consecutive quarter in 2025, according to the latest Stanford Law School Foreign Corrupt Practices Act (FCPA) Clearinghouse report. The absence of new investigations or enforcement actions in Q2 reflects the impact of President Trump’s February 10 executive order suspending FCPA enforcement pending a comprehensive policy overhaul.
US Firms' China Outlook Dims
The U.S.-China Business Council (USCBC) released its 2025 Member Survey on Wednesday, revealing a steep decline in American companies’ confidence in the China market, driven by deteriorating trade relations, expanding export controls, and escalating industrial competition.
Retaliation Roundup: Trading Partners Ready Cudgels
In response to sweeping new tariffs announced by President Donald Trump, key U.S. trading partners are preparing a range of retaliatory measures, escalating the likelihood of a global trade conflict by August 1. While many hope cooler heads will forstall a begger-thy-neighbor race to autarky, the dogged belief of Mr. Trump that import taxes are free money makes real the prospect of persistently high tariffs. In the face of such intransigence, trading partners may find retaliation a political necessity.
USS Harvey C. Barnum Jr., (DDG-124) an Arleigh Burke-class guided missile destroyer being built for the U.S. Navy at Bath Iron Works, Maine
Shipbuilding Initiative Scuttled
The dismembering of the National Security Council has sunk the newly-established national office of shipbuilding, with Ian Bennitt, the NSC's senior director for maritime and industrial capacity announcing his departure in a LinkedIn post.  

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