US Treasury
The United States Transferred $1.3 billion to Ukraine, London Promised another Billion
The United States announced late Wednesday that it had transferred a billion in economic aid to Ukraine as part of a total of billion promised to Kyiv in May, BTA reported.
The IMF's Board has Confirmed that it has Full Confidence in Kristalina Georgieva
The International Monetary Fund's (IMF) Governing Council has confirmed that it has full confidence in Managing Director Kristalina Georgieva, after examining allegations that during her time at the World Bank she pressured experts to change data in a way that would benefit China. , world agencies reported.
Trillion Dollar Coin Idea for US Debt
A trillion dollar coin could be created by the US Minister of Finance and deposited into the account of the US Central Bank to repay an equivalent share of US debt. In full impasse on the debt ceiling, the idea, considered far-fetched, is evoked by elected officials and on social networks.
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US Senators with a Letter to President Biden Regarding Kristalina Georgieva
Senior US senators have called for "full accountability" in the World Bank case involving Kristalina Georgieva.
The chairman of the Senate Foreign Relations Committee, Democrat Robert Menendez, and James Rich, who is the highest-ranking Republican on the committee, sent a letter to President Joe Biden.
Christos Staikouras in Brussels
The Minister of Finance, Mr. Christos Staikouras, is going to Brussels today, in order to participate in the Eurogroup meeting and a day later in the Ecofin meeting.
At tomorrow 's Eurogroup, Eurozone Finance Ministers will discuss the Eurozone' s fiscal course and prospects, focusing on next year.
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Bulgaria Blacklists Companies, Individuals After US Graft Sanctions
Vassil Bojkov, oligarch in exile and head of the Bulgarian Summer party. Source: Facebook/VassilKrumovBojkov.
The Finance Ministry said the companies and individuals might be affected in the near future by the US's Global Magnitsky Human Rights Accountability Act, which freezes the assets of people linked to corruption and human rights abuses and bars them from entering the US.
Bulgarian Politics Shaken by Unprecedented US Sanctions
Bulgarian media mogul and MP from the centrist Movement for Rights and Freedoms, Delyan Peevski, during a meeting at parliament in Sofia, May 2013. Photo: EPA/STR.
The first man named is oligarch-in-exile, art dealer and former football and gambling boss Vassil Bojkov, alias The Skull, who fled the country to Dubai in January 2020 amid numerous charges.
Australian on Mavi Marmara charged with aiding Syrian terrorist – Jerusalem Post
A decade after the Mavi Marmara incident Talib & the Melbourne-based company he owns were designated by the US Treasury for providing assistance to al-Qaeda
US Calls for Global Minimum Corporate Tax
US Treasury Secretary Janet Yellen has called for a global minimum corporate tax rate for companies that work internationally.
United States are working with G20 nations to agree to a global minimum corporate tax rate that can stop the downstream said the Secretary to the Chicago Council on Global Affairs.
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Kristalina Georgieva: IMF Mulls Creating USD 650 Billion in Reserves
The International Monetary Fund is considering a plan to create as much as $650 billion in additional reserve assets to help developing economies cope with the pandemic, with an eye on finalising a decision next month, according to sources.