The Latest Breaking News from Janet Yellen

Janet Yellen pushes to diversify global trade away from "unfair" China

"We cannot allow countries like China to use their market position in key raw materials, technologies, or products to disrupt our economy."

Axios · Jul 19, 2022

Yellen vows tough U.S. measures against countries abusing economic order

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Reuters · Jul 19, 2022

Putin says progress in Ukraine grain talks thanks to Erdogan

Russian President Vladimir Putin on Tuesday thanked Turkish President Recep Tayyip Erdogan for mediating talks on the export of grain from Ukraine, saying there was some progress. Iran's Supreme Leader Ayatollah Ali Khamenei told Putin that Tehran and Moscow need to stay vigilant against "Western deception", calling for long-term cooperation…

France 24 · Jul 19, 2022

U.S., allies cannot allow China to dominate raw materials, technologies - Yellen

U.S. Treasury Secretary Janet Yellen will call on Tuesday for deeper trade ties among allies to fortify their supply chains, combat inflation and thwart China's "unfair trade practices" and efforts to dominate key raw materials and technologies markets.

Reuters · Jul 18, 2022

U.S.'s Yellen says any N. Korean nuclear test would be very provocative

The United States has further sanctions it could adopt against North Korea, U.S. Treasury Secretary Janet Yellen told Reuters on Monday, adding that any nuclear test by Pyongyang would be seen as very provocative.

Reuters · Jul 18, 2022

Oil Prices Extend Gains

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand. Brent crude futures for September settlement rose 69 cents, or 0.7%, to $101.85 a barrel by 0421…

Asharq Al-Awsat · Jul 18, 2022

G-20 finance chiefs blame Russia as path to soft landing narrows

Finance chiefs from the world’s biggest economies lined up to blame Russia for the global inflation wave and sharply deteriorating growth outlook.

Tribune News Service · Jul 18, 2022

G-20 finance meeting ends without a communique but progress on food

Division over Russia’s war in Ukraine meant a meeting of Group of 20 finance chiefs ended without the usual communique, though there was incremental progress on issues such as food and energy security.

Tribune News Service · Jul 16, 2022

Yellen sees room for meaningful deal with Manchin over meds, ACA

WASHINGTON — U.S. Treasury Secretary Janet Yellen said the Biden administration can and should still move ahead with important legislation that will help lower costs for American consumers, despite the blow to a wider fiscal package from Democratic Sen. Joe Manchin of West Virginia.

Tribune News Service · Jul 16, 2022

Few policy breakthroughs at G20 meeting amid divisions over war in Ukraine

Finance chiefs from the Group of 20 major economies have pledged to address global food insecurity and rising debt at a two-day meeting in Indonesia, but made few policy breakthroughs amid divisions over Russia's war in Ukraine.

Radio France Internationale · Jul 16, 2022