The Biden administration announced new measures targeting Moscow and supporters of President Vladimir V. Putin’s war.
Tag: Treasury Department
U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
Yellen Confronts Russian Officials at G20 Meeting
In a private session, Treasury Secretary Janet L. Yellen said the Russians were “complicit in Putin’s atrocities,” according to remarks shared by a U.S. official.
Yellen Confronts Russian Officials at G20 Meeting
In a private session, Treasury Secretary Janet L. Yellen said the Russians were “complicit in Putin’s atrocities,” according to remarks shared by a U.S. official.
China’s Economic Support for Russia Could Elicit More Sanctions
U.S. officials pledged to crack down on shipments to Russia that can be used for both civilian and military purposes, but that has proved hard to police.
U.S. Presses Turkey and U.A.E. to Weed Out Illicit Trade With Russia
American officials worry that commercial activities in Turkey and the United Arab Emirates could be fueling Russia’s war machine and have threatened to punish those involved.
How the ‘Price Cap’ on Russian Oil Works
The plan to curb Moscow’s oil revenues relies heavily on European shipping and insurance companies, but experts point to major loopholes.
U.S. Allows Chevron to Expand Energy Operations in Venezuela
The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
Yellen Encourages Vaccinations in China as Covid Restrictions Slow Growth
With China’s strict pandemic policies stalling the economy at home and globally, Treasury Secretary Janet Yellen said American mRNA vaccines are at the ready.
U.S. Seeks Closer Ties With India as Tension With China and Russia Builds
Treasury Secretary Yellen wants India to be part of the Biden administration’s “friend-shoring” agenda, but trade tensions linger.