U.S. Treasury
Trump Тakes his 'America First' Policies to Davos 'Globalists'
President Donald Trump flew overnight to the World Economic Forum in Davos, Switzerland, where he will push his "America First" agenda and seek more fair, reciprocal trade between the United States and its allies./ REUTERS
Turkey’s Halkbank working with US Treasury, Justice Department after Iran case: Şimşek
Turkey’s state-run lender Halkbank is working closely with the U.S. Treasury and Justice Department, Deputy Prime Minister Mehmet Şimşek said on Jan. 24, after a U.S. jury found one of its executives guilty in an Iran sanctions-busting trial.
China denies report it could halt US bond purchases
China on Jan. 11 denied a report that it may slow or cease its purchases of U.S. Treasury bonds, which sent the dollar falling.
North Korea: US has declared war on us
North Korea’s foreign minister said on Monday that President Donald Trump had declared war on North Korea and that Pyongyang reserves the right to take countermeasures, including shooting down U.S. bombers even if they are not in its air space.
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US dollar extends gains against Turkish Lira after Fed decision
The U.S. dollar rose sharply against the Turkish Lira late on Sept. 20 after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year.
The U.S. dollar-Turkish Lira index hit 3.52 following the Fed's decision, while it closed the day at 3.47.
The index rebounded to 3.51 early on Sept. 21.
IMF should stop torturing Greece: Bloomberg opinion article
In an opinion article by signed by J. Kyle Bass in Bloomberg titled “The IMF needs to stop torturing Greece”, the author, who is a chief investment officer for Haynman Capital Management with a stake in Greek banking shares, urges the IMF to ease up on its harsh demands from Greece and consider writing off part of what is owed to it by the embattled country. From Bloomberg:
Funding battle looms as Texas sees Harvey damage at up to $180 billion
U.S. Treasury Secretary Steven Mnuchin has challenged Congress to raise the government's debt limit in order to free up relief spending for Hurricane Harvey, a disaster that the governor of Texas said had caused up to $180 billion in damage.
Euro extends gains after $1.20 break; dollar wilts
The euro jumped more than half a percent after breaking above a key level on Aug. 29 while the dollar fell to a two-year low against the Swiss franc after a North Korean missile test sapped investors' leveraged demand for risky assets.
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US hits 'dictator' Maduro with sanctions over disputed Venezuela vote
The United States hit Venezuelan President Nicolas Maduro with direct sanctions on July 31 over a disputed and deadly weekend vote, calling him a "dictator," while the leader refused to heed what he slammed as "imperial orders."
US Fed holds rates steady, expects portfolio cuts 'relatively soon'
The Federal Reserve kept interest rates unchanged on July 26 and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. economy.