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Tag: Treasury Department

World

Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine

October 16, 2023ALAN RAPPEPORTComments Off on Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine

The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress.

World

Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine

October 16, 2023ALAN RAPPEPORTComments Off on Yellen Assures Europe That U.S. Will Provide More Funds for Ukraine

The Treasury secretary reassured allies that the Biden administration was not backing away from Ukraine despite opposition in Congress.

World

U.S. and Qatar Deny Iran’s Access to $6 Billion From Prisoner Deal

October 12, 2023October 12, 2023Michael Crowley and Alan RappeportComments Off on U.S. and Qatar Deny Iran’s Access to $6 Billion From Prisoner Deal

The move comes after harsh criticism that the Biden administration had given Iran a vast sum that freed up other funds for Tehran to provide support to Hamas.

World

U.S. and Qatar Block Iran’s Access to $6 Billion From Prisoner Deal

October 12, 2023Michael Crowley and Alan RappeportComments Off on U.S. and Qatar Block Iran’s Access to $6 Billion From Prisoner Deal

The money had recently transferred to Iran as part of a U.S.-Iran deal that led to the release of five imprisoned Americans from Iran last month.

World

U.S. Clamps Down on Russian Oil Sales With New Sanctions

October 12, 2023October 12, 2023ALAN RAPPEPORTComments Off on U.S. Clamps Down on Russian Oil Sales With New Sanctions

Finance ministers from the Group of 7 pledged more support for Ukraine and condemned Hamas.

World

Yellen Says U.S. Is Considering New Sanctions on Iran and Hamas

October 11, 2023October 11, 2023ALAN RAPPEPORTComments Off on Yellen Says U.S. Is Considering New Sanctions on Iran and Hamas

Treasury Secretary Janet Yellen said she was not yet seeing an economic impact from the Israel-Gaza war.

World

Fragile Global Economy Faces New Crisis in Israel-Gaza War

October 10, 2023October 10, 2023Alan Rappeport and Patricia CohenComments Off on Fragile Global Economy Faces New Crisis in Israel-Gaza War

A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”

World

A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight

October 3, 2023October 3, 2023ALAN RAPPEPORTComments Off on A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight

Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.

World

U.S. Aims New Sanctions at Russian Military Supply Chains

September 14, 2023Gaya GuptaComments Off on U.S. Aims New Sanctions at Russian Military Supply Chains

The sanctions are intended to deprive President Vladimir V. Putin of equipment and technology “he needs to wage his barbaric war on Ukraine,” Treasury Secretary Janet Yellen said.

World

Wally Adeyemo, the Deputy Treasury Secretary, to Visit Nigeria

September 13, 2023ALAN RAPPEPORTComments Off on Wally Adeyemo, the Deputy Treasury Secretary, to Visit Nigeria

Wally Adeyemo, the highest-ranking member of the African diaspora in the Biden administration, emigrated from Nigeria to the United States as a child.

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