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 investment policy 'disrupts' global supply chains: China
Beijing yesterday vowed to "safeguard" its interests against a new U.S. policy to restrict investment in Chinese technology, accusing Washington of disrupting global supply chains.
Yellen making a long-awaited trip to China
Treasury Secretary Janet Yellen is set to visit Beijing this week, the United States said on July 2, marking the second trip by a cabinet official to China since ties between the world's top two economies deteriorated earlier this year.
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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.
Biden says still optimistic on US debt talks
Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept "extreme" Republican demands but said he remained optimistic.
"I still believe we'll be able to avoid a default and we'll get something decent done," he told reporters at the G7 summit in Hiroshima, Japan.
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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.
The US intervened to Save the SVB Bank and Calm the Financial System
The US administration stepped in on Sunday with a series of emergency measures to shore up confidence in the banking system after the failure of Silicon Valley Bank threatened to trigger a wider systemic crisis.
US changes to Türkiye's preferred spelling at ally's request
The State Department said on Jan. 5 it has adopted Turkey's preferred spelling for the name of the country, Türkiye, acceding to a request from the NATO ally after several months of hesitation.