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The Latest Breaking News from Janet Yellen

Ukraine gets $1.7B in fresh aid to pay health care workers

Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank

The Independent UK

US, Japan vow joint efforts on Ukraine, trade, food crisis

U.S. Treasury Secretary Janet Yellen and Japan's finance minister have agreed to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security

The Independent UK

Ukrainian rockets hit Russian-held area as Kyiv readies southern counter-attack

Ukraine said on Tuesday it had carried out a long-range rocket strike against Russian forces and military equipment in southern Ukraine, territory it says it is planning to retake in a counter-offensive using hundreds of thousands of troops.

Reuters

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Yellen cancels public event in Japan after Abe assassination

U.S. Treasury Secretary Janet Yellen has canceled her visit to the Port of Yokohama during her visit to Japan next week out of deference following the assassination of former Prime Minister Shinzo Abe, a Treasury official said on Saturday.

Reuters

Yellen to push price cap on Russian oil during Asia visit

Treasury Secretary Janet Yellen will travel to Asia this month, her first trip to the Indo-Pacific since becoming head of the agency

The Independent UK

China, U.S. Senior Officials Discuss Economic Policy Coordination

In a video call with Treasury Secretary Janet Yellen, Vice Premier Liu He expressed concern about Washington’s tariffs and sanctions

Caixin Global

US, China talk trade, supply chains as Biden weighs tariff cuts

United States Treasury Secretary Janet Yellen raises concerns about China’s ‘unfair, non-market’ economic policies.

Al Jazeera

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Biden close to rollback of Chinese tariffs to fight inflation

President Joe Biden may announce as soon as this week a rollback of some U.S. tariffs on Chinese consumer goods — as well as a new probe into industrial subsidies that could lead to more duties in strategic areas like technology.

Tribune News Service

A Turbulent US this July 4, but Many See Cause to Celebrate

Independence Day has arrived as the United States is rocked by hearings over the Jan. 6 insurrection, awash in turmoil over high court rulings on abortion and guns and struggling to maintain the bonds that keep it together. Yet many also see cause to celebrate Monday: the deadly danger of…

Asharq Al-Awsat

U.S. blocks $1 billion in Delaware trust linked to Russian oligarch with ties to Putin

A seized superyacht that U.S. officials say is linked to Suleiman Kerimov is also in U.S. custody.

Axios

The end of Roe v Wade will hurt poor women most, economists warn

Anti-abortion groups say that the ‘immeasurable’ talent lost to abortion has already battered the US economy.

Al Jazeera

It's been a vicious 6 months for stocks. Here's what the grim markets are signaling

All that whipsawing on Wall Street in the first half of the year reflects real nervousness. Investors are worried the Fed may tip the economy into a recession.

WEKU

US Disburses $1.3 bn of Promised Aid to Ukraine

The US Treasury Department announced Wednesday the transfer of $1.3 billion in economic aid to Ukraine as part of the initial $7.5 billion promised to Kyiv by the Biden administration in May. "With this delivery of economic assistance, we reaffirm our resolute commitment to the people of Ukraine as they…

Asharq Al-Awsat

1st Native American treasurer to push economic development

The nation’s first Native American U.S. treasurer comes from a line of chiefs who instilled the importance of keeping her tribe healthy and “leaving fooprints” to follow for those who come behind

The Independent UK

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The Independent UK

UK maritime insurers to play key role in slowing Putin’s oil money

Lack of shipping insurance would hamper Russian oil deliveries to non-Western countries

The Guardian - UK

Global energy price cap: market manipulation whose time has come?

Analysis: It may sound like Marxism, but the proposal aimed at taming prices and cutting Putin’s funds came from the G7

Reuters

Yellen to visit S. Korea, discuss N. Korea sanctions -sources

U.S. Treasury Secretary Janet Yellen will visit South Korea next month for talks dealing with rising inflation and possible further sanctions on North Korea over its nuclear program, sources familiar with the matter said on Friday.

Tribune News Service

Jay Ambrose: Abortion poses major risks for Black Americans

In the loud, raucous Roe v. Wade debate, we’ve heard a lot about the overreaching sacrifices women can face when having unwanted babies and about their rights to control their own bodies through abortions. Sympathy is widespread, while other, less-discussed issues need equal attention, such as the especially high rate…

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WEKU

Marilynn Malerba could soon be the first Native American to serve as U.S. treasurer

Malerba, the lifetime chief of the Mohegan Indian Tribe, would be the first Native woman to have her signature on U.S. currency. She'd also lead the Treasury's new Office of Tribal and Native Affairs.

The Independent UK

President Biden nominates 1st Native American US treasurer

A Native American has been nominated to be U.S. treasurer, a historic first

Asharq Al-Awsat

Yellen Says US in Talks with Allies to Cap Russian Oil Price

The United States is in talks with allies to further restrict Russia's oil revenues by capping the price it would get for its crude, US Treasury Secretary Janet Yellen said during a visit to Canada on Monday. "We are continuing to have productive conversations with our partners and allies around…

Reuters

Yellen, Canada's Freeland present united front on Ukraine, economic challenges

U.S. Treasury Secretary Janet Yellen met with Canadian Finance Minister Chrystia Freeland on Monday, pledging cooperation on issues ranging from sanctions against Russia to increasing energy production and strengthening supply chains.

The Guardian - UK

Heathrow asks airlines to cancel 10% of flights, as easyJet cuts summer schedule – as it happened

UK travel chaos deepens

Tribune News Service

Yellen says high inflation locked in for the rest of 2022

WASHINGTON — Treasury Secretary Janet Yellen said that “unacceptably high” prices are likely to stick with consumers through 2022, and that the U.S. economy is likely to slow down.

The Guardian - US

Yellen says US recession not ‘inevitable’ but expects ‘economy to slow’

Treasury secretary says ‘inflation unacceptably high’ and it is Biden’s ‘top priority to bring it down’

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