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The Latest Breaking News from Janet Yellen

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

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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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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.

Reuters

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

The Guardian - AU

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.

Tribune News Service

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.

Reuters

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.

Bangkok Post

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.

Reuters

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

The Guardian - US

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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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Reuters

India's Indo-Pacific Economic Framework membership will strengthen region - Yellen

India’s membership in the Indo-Pacific Economic Framework (IPEF) will make supply chains resilient between the Asian country and the United States and help the entire region, U.S. Treasury Secretary Janet Yellen said on Friday.

WEKU

Investors have trillions to fight climate change. Developing nations get little of it

Private investment is crucial to addressing climate change. But a big barrier to private investment in developing countries is the perception that risks are higher than in industrialized nations.

Reuters

Yellen heads to India to draw surging economic power closer to U.S. orbit

Janet Yellen embarks on her first trip to India as U.S. Treasury Secretary on Tuesday, focusing more on the similarities of the world's two largest democracies and opportunities for deeper ties than on past trade and geopolitical spats.

The Guardian - UK

Men forget to mind their manners when dealing with powerful women

Congressmen were far ruder to Federal Reserve boss Janet Yellen than men in the post… but not if they had daughters

Reuters

Yellen to travel to India, G20 summit as forum struggles with Ukraine war

U.S. Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next week to bolster U.S.-India economic ties and to try to overcome G20 divisions prompted by Russia's war in Ukraine, the Treasury said on Friday.

The Conversation

Men don't trust female central bankers on inflation or the economy, survey data shows

The Research Brief is a short take about interesting academic work.

WEKU

How Biden changed his tune on inflation as prices soared and the midterms loomed

At first, the White House said inflation would be a temporary issue. But it quickly became the top economic priority — and major source of midterm political pain — for President Biden.

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