World's biggest economy will continue to grow, despite heightened recession concerns following recent turmoil in the banking sector, says US Treasury Secretary Janet Yellen.
Yellen's remarks come after a series of troubling bank developments this month.
"Our engagement is not transactional, it's not for show, and it's not for the short-term," says US Treasury Secretary Janet Yellen in Dakar.
Western leaders want to bleed Moscow financially but China and India haven't indicated if they plan to abandon the purchase of Russian oil.
Naomi Osaka, Tom Brady, Shaquille O'Neal, Larry David and others are named alongside FTX founder Sam Bankman-Fried in suit filed in Miami federal court.
Russian oil "is going to be selling at bargain prices and we're happy to have India get that bargain or Africa or China" as long as New Delhi doesn't use Western insurance, finance, or maritime services, says US Treasury Secretary Janet Yellen.
US Treasury Secretary Janet Yellen meets leaders in India with a focus to deepen bilateral ties as Washington attempts to steer the country away from Russia and hopes for it to act as a counterweight to China.
US Treasury Secretary Janet Yellen criticised the alliance of oil producers for deciding to reduce supply when the world is battling high inflation.
The US Treasury has announced the sanctions "for abuse and violence against Iranian women and the violation of the rights of peaceful Iranian protestors."
Treasury Secretary Janet Yellen says Marilynn Malerba will help further efforts to “support the development of Tribal economies.”
US Treasury Secretary Janet Yellen, however, conceded that "clearly inflation is unacceptably high," attributing it partly to the conflict in Ukraine.
Higher energy prices and inflation amidst an ongoing conflict in Europe is likely to result in a recession, warns the US treasury secretary.
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