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The Latest Breaking News from Janet Yellen

UK and allies announce cap on Russian oil ‘to clamp down on Putin’s funding streams’

The cap is designed to curb Russia’s revenues from oil without halting significant volumes of exports, which could lead to supply shortages and push up prices globally

Evening Standard

Sam Bankman-Fried strikes apologetic pose as he describes being shocked by FTX's fall

During an hour-long interview at the New York Times Dealbook Summit, Bankman-Fried frequently portrayed himself as in the dark about the condition of the multi-billion dollar exchange he founded.

WEKU

EU raises prospect of big fine or ban if Twitter fails to follow new legislation

Elon Musk has been warned he has ‘huge work ahead’ to comply with the EU’s Digital Services Act

The Guardian - UK

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Disbursement of $4.5 billion in U.S. aid for Ukraine to begin in coming weeks, Yellen says

Disbursement of $4.5 billion in economic aid for Ukraine will begin in the coming weeks, U.S. Treasury Secretary Janet Yellen said on Tuesday.

Reuters

How Janet Yellen found her match in economics and life with husband George Akerlof

The treasury secretary's partnership with her husband has hugely influenced her rise to the most powerful woman in U.S. economic policymaking history.

Fortune

Fathers and daughters: what’s the truth behind this unexplored family bond?

Research suggests fathers of girls have more empathy for women. But as King Lear and new movie Aftersun show, there are plenty of challenges along the way

The Guardian - UK

Yellen, China central bank governor Yi met for two hours of talks -U.S. official

U.S. Treasury Secretary Janet Yellen met for two hours of talks with China's central bank governor Yi Gang on Wednesday at the G20 summit in Bali, a U.S. treasury official said.

Reuters

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Yellen, China central bank head hold broad talks at G20 summit

U.S. Treasury Secretary Janet Yellen met China's central bank Governor Yi Gang on Wednesday for talks on issues ranging from high energy and commodity prices to the macroeconomic outlook in both countries, the U.S. Treasury department said.

Reuters

U.S. targets supply of Iranian drones to Russia in new sanctions

The United States on Tuesday imposed sanctions on companies and people it accused of being involved in the production or transfer of Iranian drones that have been used by Russia in attacks on civilian infrastructure in Ukraine.

Reuters

Warren: GOP plans to "blow up economy"

Massachusetts senator worries Republicans will use power to cause "chaos" ahead of election

Salon

Zelensky: Russian Atrocities in Kherson Region Same as other Regions

President Volodymyr Zelensky said Sunday that Ukrainian forces that retook the city of Kherson found evidence of new war crimes by Russian occupiers. "The Russian army left behind the same atrocities as in other regions of our country," he said in a nightly address. "Investigators have already documented more than…

Asharq Al-Awsat

Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement

U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden's meeting on Monday with Chinese President Xi Jinping leads to increased engagement on macroeconomic issues between the world's two largest economies.

Reuters

Biden and Xi condemn Russian nuclear threats; Zelenskiy visits liberated Kherson – as it happened

US and Chinese presidents agree nuclear war ‘should never be fought’, White House says; Zelenskiy accuses Russia of more than 400 war crimes

The Guardian - AU

Yellen announces new US sanctions on Russian military networks

United States Treasury Secretary says ending war in Ukraine is ‘single best thing’ to help global economy.

Al Jazeera

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Reuters

U.S. to sanction military procurement network aiding Russia, Yellen says

U.S. Treasury Secretary Janet Yellen said the United States will impose new sanctions on a transnational network of individuals and companies that have been working to procure military technologies for Russia's war effort in Ukraine.

The Guardian - AU

Russia-Ukraine war at a glance: what we know on day 264 of the invasion

Ukraine’s president visits newly-liberated city of Kherson; Russian forces destroy key infrastructure before retreating

Tribune News Service

G-20 statement in doubt as US, Russia fail to agree on language

Russia and the U.S. failed to agree on language for a joint statement following a multilateral summit in Cambodia, making it unlikely the Group of 20 nations will reach a consensus in Indonesia either this week.

Reuters

Yellen believes sanctions on Russia could extend beyond Ukraine war's end - WSJ

U.S. Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any eventual peace agreement with Ukraine, the Wall Street Journal reported on Sunday.

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Bangkok Post

G-20 statement in doubt after US, Russia fail to agree at Asean

Russia and the US failed to agree on language for a joint statement following a multilateral summit in Cambodia, making it unlikely the Group of 20 nations will reach a consensus in Indonesia either this week.

Reuters

Yellen to seek clarity from China on COVID, property -officials

U.S. Treasury Secretary Janet Yellen will seek clarity on China's plans to ease its COVID-19 restrictions and deal with problems in its property sector when she meets on Monday with China's central bank chief, Treasury officials said on Sunday.

The Guardian - US

At least $1bn in investor assets missing after FTX collapse – reports

Sources tell Reuters funds were part of $10bn founder Sam Bankman-Fried transferred to his hedge fund

Tribune News Service

FTX debacle shows need for crypto regulation, Yellen says

U.S. Treasury Secretary Janet Yellen said the implosion of Sam Bankman-Fried’s FTX crypto empire reinforced her view that the market for digital assets required “very careful regulation.”

Al Jazeera

US Treasury Secretary Yellen looks to India for ‘friend-shoring’

Mutual concern over China has drawn US and India closer in recent years, including to reorient supply chains.

Reuters

India can buy as much Russian oil as it wants, outside price cap, Yellen says

The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap, U.S. Treasury Secretary Janet Yellen said on Friday.

The Independent UK

Yellen visits India to shore up US-Indo-Pacific partnerships

Supply chains, Russia’s war in Ukraine and the impact of COVID-19 are top of mind for U.S. Treasury Secretary Janet Yellen as she prepared to meet with Indian leaders in New Delhi

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