Treasury Secretary Janet L. Yellen’s signature achievement is in jeopardy if the United States cannot ratify the tax agreement that she brokered.
Tag: Yellen, Janet L
U.S. Urges New Tactic to Curb Putin’s War Machine and Lower Fuel Prices
Group of 7 leaders meeting in Germany were receptive to a Biden administration plan to cap the price of Russian oil in world markets, limiting Kremlin revenue.
Ukraine War’s Latest Victim? The Fight Against Climate Change.
As leaders of the Group of 7 gather in Germany, the scramble to replace Russian fossil fuels is raising concerns that hard-won climate targets will be missed.
Russia’s Oil Revenue Soars Despite Sanctions, Study Finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
Seizing Russian Assets to Help Ukraine Sets Off White House Debate
Some European officials want to use more than $300 billion in Russian central bank assets to rebuild Ukraine. But Biden administration officials warn that diverting those funds could be illegal.
U.S. Will Start Blocking Russia’s Bond Payments to American Investors
The Biden administration’s escalation of sanctions could lead to Russia’s first default on foreign debt in a century.
G7 Nations Pledge $20 Billion to Ukraine
Financing will be directed to keep government operations running amid the Russian war.
Treasury Secretary Yellen Looks to Get Global Tax Deal Back on Track
The Treasury secretary is traveling to Warsaw, Brussels and Bonn, Germany, this week at an uncertain time for the global economy.
Yellen Says Aim Is ‘Maximum Pain’ for Russia Without Hurting U.S.
The Treasury secretary told a House committee that the U.S. would continue finding ways to punish Russia for its invasion of Ukraine.
Putin Faces Sanctions, but His Assets Remain an Enigma
On paper, the Russian president appears to own very little. Yet estimates put his hidden wealth well over $100 billion.