The Latest Breaking News from Janet Yellen

China should help end Russia's "heinous war" in Ukraine or face a loss of its standing in the world, U.S. Treasury Secretary Janet Yellen said on Wednesday, warning that those who seek to undermine Western sanctions face economic consequences.

As Web3 continues to develop, lawmakers and platforms are shifting their focus towards refining KYC, or know-your-customer, which serves as the barrier between Web3’s true calling for decentralization and centralized institution’s concerns for public good.

WASHINGTON — Treasury Secretary Janet Yellen was pushed by legislators from both sides of the aisle Wednesday to strengthen moves to cut off financial links with Russia, and was queried on the Biden administration’s readiness to impose sanctions on China in the event it moved aggressively toward Taiwan.

Ukraine news from April 7: UN members vote 93-24 in favour of a resolution suspending Russia from UN human rights body.

Treasury Secretary Janet Yellen is telling a House panel that Russia’s actions in Ukraine “will have enormous economic repercussions in Ukraine and beyond.”

The sanctions on Russia’s central bank use the omnipresence of the US dollar to penalise an American adversary

The United States on Thursday imposed fresh sanctions on Russia, targeting the technology sector, a sanctions evasion network and what it called "malicious cyber actors" while paving the way to act against additional sectors in response to President Vladimir Putin's assault on Ukraine. "We will continue to target Putin's war…

"We will continue to target Putin’s war machine with sanctions from every angle."

Moscow signalled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists, while French President Emmanuel Macron announced that EU leaders have agreed for officials in Brussels to make joint gas purchases for the bloc as it struggles with high prices amid…