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Tag: Treasury Department

World

Biden Moves to Open U.S. Banks to Cuba’s Private Sector

May 28, 2024May 28, 2024David C. AdamsComments Off on Biden Moves to Open U.S. Banks to Cuba’s Private Sector

The rules will allow Cuban entrepreneurs to open bank accounts in the United States, making it easier for them to expand and encouraging other Cubans to start businesses.

World

Carbon Offsets, a Much-Criticized Climate Tool, Get Federal Guidelines

May 28, 2024May 28, 2024BRAD PLUMERComments Off on Carbon Offsets, a Much-Criticized Climate Tool, Get Federal Guidelines

The new principles aim to define ‘high-integrity’ offsets amid concerns that current practices often don’t cut greenhouse gas emissions as claimed.

World

White House Considers Easing Sanctions on Israeli Billionaire

May 16, 2024Eric LiptonComments Off on White House Considers Easing Sanctions on Israeli Billionaire

A deal to allow the Israeli billionaire Dan Gertler to cash out his mining positions in the Democratic Republic of Congo has enraged human rights activists and some government officials.

World

U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort

May 1, 2024ALAN RAPPEPORTComments Off on U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort

The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.

World

Handling of Sex Abuse Inquiry Poses Test for World Bank’s Ajay Banga

March 13, 2024March 14, 2024ALAN RAPPEPORTComments Off on 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.

World

U.S. Imposes Major New Sanctions on Russia, Targeting Finance and Defense

February 23, 2024February 23, 2024ALAN RAPPEPORTComments Off on 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.

World

U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies

December 22, 2023December 22, 2023ALAN RAPPEPORTComments Off on U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies

President Biden signed an executive order granting the Treasury Department broader powers to curb the flow of weapons components.

World

U.S. and Mexico Try to Promote Trade While Curbing Flow of Fentanyl

December 7, 2023Alan Rappeport and Zolan Kanno-YoungsComments Off on U.S. and Mexico Try to Promote Trade While Curbing Flow of Fentanyl

In her Mexico City visit, Treasury Secretary Janet L. Yellen sought to deepen economic ties while countering drug trafficking.

World

Janet Yellen, U.S. Treasury Secretary, Will Meet With Chinese Counterpart

November 6, 2023November 6, 2023ALAN RAPPEPORTComments Off on Janet Yellen, U.S. Treasury Secretary, Will Meet With Chinese Counterpart

The high-level meetings in San Francisco will lay the groundwork for talks between President Biden and China’s top leader, Xi Jinping.

World

U.S. Looks to Allay European Fears of a Subsidy War

October 31, 2023October 31, 2023ALAN RAPPEPORTComments Off on U.S. Looks to Allay European Fears of a Subsidy War

Wally Adeyemo, the deputy Treasury secretary, argued in a speech in Germany that the Biden administration’s climate law is not protectionist.

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Headlines

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Thousands Evacuate in Canada as Multiple Wildfires Rage in Manitoba

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New Aid Site in Gaza Brings More Scenes of Chaos

May 29, 2025May 29, 2025Isabel Kershner and Rawan Sheikh Ahmad

After Court Blocks Trump’s Tariffs, America’s Trading Partners Weigh Next Moves

May 29, 2025May 29, 2025Jeanna Smialek

Trump’s Embrace of Putin Shows Few Results

May 29, 2025May 29, 2025Zolan Kanno-Youngs and Luke Broadwater

Russia Appears to Launch New Offensive in Ukraine Amid Peace Talks

May 29, 2025ANATOLY KURMANAEV
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