Democrats drop demand on Ukraine aid bill

Backdown comes after Republicans warn of weeks-long stand-off

Argentina backed in holdout creditor case

Brazil, Mexico and France fear impact on sovereign restructurings

Europe ‘upstaged’ by US sanctions

US has less to lose than allies from tougher line on Crimea

Telecom network cables are pictured in Paris, on June 30, 2013. The European Union angrily demanded answers from the United States over allegations Washington had bugged its offices, the latest spying claim attributed to fugitive leaker Edward Snowden. German weekly Der Spiegel said its report, which detailed covert surveillance by the US National Security Agency (NSA) on EU diplomatic missions, was based on confidential documents, some of which it had been able to consult via Snowden.

Obama to curb NSA phone data collection

New rules would end storage but still allow access

US draws together S Korea and Japan

Unusual diplomatic intervention to unite key allies

Thanks to Putin, Nato will stand test of time

The alliance should consider lifting its self-imposed restriction on deploying combat forces to the east

Nuclear summit secures handover deal

Deal to give impetus to global efforts to secure nuclear material

UN flags up 2013 global weather extremes

Events seen as consistent with human-induced climate change

Matt Kenyon illustration
©Matt Kenyon

Republican America revives

Demographic and other factors are against the Grand Old Party but its electoral hopes are high

Reform effort disappoints ex-CFTC regulator

Chilton says White House failed to prioritise financial overhaul

Did Yellen intend to tighten policy?

Fed doves have stopped arguing against either tapering or rate rises

NSA accused of breaching Huawei servers

Fed’s Kocherlakota attacks new guidance

Dovish official fears bank is losing will to fight unemployment

US deploys ‘guerrillas in grey suits’

Washington honed financial targeting used on Russia after 9/11

Sanctions on inner circle wound Putin

Kremlin-linked banker says US wants ‘regime change’

Sanctions complicate Morgan Stanley deal

Russian group Rosneft wants to acquire US bank’s oil trading unit

S Korea and Japan to hold summit

US seeks easing of tensions between key Asian allies

Microsoft faces fresh privacy storm

Software company admits searching user’s email

EU and US sanctions list: profiles of the targets

All probably subject to asset freezes and travel bans

Russia’s test for America’s odd couple

Events in Ukraine present an opportunity as well as a danger to the analyst Obama and the activist Kerry