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Partnership does not include security but comes as Washington tries to counter Chinese influence

Proposal aims to make it more difficult for groups deemed a security risk to access American resources and capital

Measure will discourage financial institutions in countries such as China from doing business with Moscow

Also in this newsletter: Microsoft suffers new EU blow, fossil fuel finance, US voters’ inflation fears

Surging prices for ore and concerns over Russian imports lead to mothballed mines being restarted

Washington told Kyiv that drone attacks risk driving up crude prices and provoking retaliation

Calls come as China’s foreign minister visits Washington amid deepening conflict in Gaza

Diplomatic pressure on Beijing has not yet yielded results, say officials

US national security adviser and Chinese foreign minister met as western navies step up defence of Red Sea

Ban on imports including chocolate and nappies will hurt American producers, says Biden administration