Department of the Treasury

US sanctions Intellexa, executives who targeted American journalists, government officials

The Treasury Department announced Tuesday it has sanctioned two people and a Greece-based commercial spyware company headed by a former Israeli military officer that developed, operated and distributed technology used to target U.S. government officials, journalists and policy experts.

US Sanctions Russians Over Alleged Coup Attempt in Moldova

The US Treasury Department's Office of Foreign Assets Control said on Monday that it has imposed sanctions on seven people with ties to the Russian intelligence services for their involvement in attempts to destabilise democracy and influence elections in Moldova, Ukraine and the Balkan countries.

Oil Prices fall against the background of a Deal being reached on the US Debt Ceiling

Oil prices fell nearly 1 percent in early European trade, erasing yesterday's gains on concerns about the viability of the bipartisan US debt ceiling deal and mixed messages from top oil producers ahead of the OPEC+ meeting later in the week.

Wall Street giants move to rescue First Republic Bank

America's largest banks moved on March 16 to shore up First Republic, easing fears that the regional lender could be the next domino to fall after collapses including Silicon Valley Bank.

A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.

Janet Yellen: The Banking System is Stable after the "Decisive" Actions taken

"The US banking system remains stable and Americans can feel confident that their deposits will be available when they are needed, thanks to the 'decisive and strong' action taken after Silicon Valley Bank's (SVB) failure to deal with the outflow of deposits at its end last week," Treasury Secretary Janet Yellen told the Senate Finance Committee, Reuters reported.

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