The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.
Author: ALAN RAPPEPORT
U.S. Plans New Sanctions on Iran
The U.S. treasury secretary, Janet Yellen, said that sanctions could be announced “in the coming days” and would likely focus on oil exports and imports of military hardware.
Yellen Sees ‘More Work to Do’ as China Talks End With No Breakthrough
Treasury Secretary Janet L. Yellen was warmly received in China, but it was evident that the level of trust between the two sides does not run deep.
Handling of Sex Abuse Inquiry Poses Test for World Bank’s Ajay Banga
The bank is facing scrutiny as it debates how to compensate victims of abuse at Kenyan schools that it was financing.
Divisions Among Finance Ministers Flare Over Seizing Russian Assets
France’s finance minister, Bruno LeMaire, said there was no legal rationale for giving the Russian central bank funds to Ukraine.
Yellen Urges Israel to Restore Economic Ties to West Bank
The Treasury secretary said she called on Prime Minister Benjamin Netanyahu of Israel to reduce barriers to commerce for Palestinians.
U.S. Imposes Major New Sanctions on Russia, Targeting Finance and Defense
The Biden administration, responding to the death of Aleksei A. Navalny, unveiled its largest sanctions package to date as the war in Ukraine enters its third year.
U.S. to Hit Russia With Sanctions on Over 500 Targets
A package of economic restrictions to be rolled out on Friday will be the largest since Russia invaded Ukraine two years ago.
Top U.S. Treasury Officials to Visit Beijing for Economic Talks
A meeting of the new economic working group comes as the U.S. and China are trying to prevent any escalation of hostilities.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.