The Latest Breaking News from US Treasury

Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs. Russia is a major supplier of diamonds, gold and other precious metals to the luxury watchmakers exhibiting at Watches and Wonders, one of…

The Iranian Revolutionary Guard announced on Thursday that its ballistic missile program and “regional influence” represented in its cross-border activities, were “red lines” and would not be affected by “the intentions, hopes and aspirations of the American rulers.” Iranian Foreign Minister Hossein Amir Abdollahian criticized the imposition of new sanctions…

Shares of several companies in the broader technology sector, Affirm Holdings Inc (NASDAQ: AFRM), Enphase Energy Inc (NASDAQ: ENPH) and Zoom Video Communications Inc (NASDAQ:

Viktor Vekselberg’s private jet and yacht branded ‘blocked property’ by White House

The US Department of the Treasury warned that the Lebanon-based “Qard al Hassan” is an unregulated and pseudo-financial institution that provides cover to Hezbollah’s activities, jeopardizing the credibility of the Lebanese financial system. A senior delegation from the Treasury concluded a three-day visit to Lebanon on Wednesday. The delegation met…

A US Treasury delegation urged Lebanese authorities to mount investigations into what it described as abuses within the Lebanese banking system by members of the political and economic elite, the US Treasury said on Wednesday. The unusually candid statement issued at the end of a three-day visit to Beirut by…

Lebanese President Michel Aoun informed Tuesday a visiting US Treasury delegation that Lebanon continues to combat corruption, money laundering and terrorist financing operations. “Lebanese laws are applied firmly and accurately in this field,” Aoun told the delegation during a meeting at the Presidential Palace in Baabda. He indicated that Lebanon…

The United States on Wednesday imposed sanctions on a sprawling international network run by Iran’s Revolutionary Guards Corps and a Houthi financier that funneled tens of millions of dollars to Yemen’s Houthi militias, the US Treasury said. The funds were used to support Houthi attacks, the Treasury said in a…

The US government broadened restrictions on trading of Russian government debt on Tuesday in a bid to punish Moscow for ratcheting up its conflict with Ukraine, a move that analysts said might have a moderate impact near-term but could be a step toward harsher measures. The US Treasury said it…