Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies
TANGIERS, Morocco (AP) — After the United States passed new subsidies designed to boost domestic electric vehicle production and cut...
archiveU.S. Department of the Treasury
Where the Money Went and Why It Matters to You
Douglas Rissing / Getty Images/iStockphotoAmerica has a problem: We, as a country, are in a massive money hole. It’s one...
U.S. dollar modestly higher as sticky inflation persists, yen hits 34-year low
Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
U.S. sanctions Iran Central Bank subsidiary for U.S. tech procurement and violating export rules
WASHINGTON (AP) — The U.S. on Wednesday imposed sanctions on three people and four firms — across Iran, the United...
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include...
New US-Mexico agreement to monitor foreign investments comes as more Chinese money flows into Mexico
MEXICO CITY (AP) — As more Chinese money flows into Mexico, the United States and Mexico on Thursday agreed to...
United States and China launch economic and financial working groups with aim of easing tensions
WASHINGTON (AP) — The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on...
US, UK, and Canada sanction Lebanon’s former central bank governor over corruption allegations
BEIRUT (AP) — The United States, United Kingdom, and Canada slapped sanctions Thursday on Lebanon’s embattled former central bank governor...
Bank owners and citizens protest deterioration of the Iraqi dinar following US ban on Iraqi banks
IRBIL, Iraq (AP) — Dozens of people protested in front of the Central Bank of Iraq in Baghdad and bank...
Yellen declares bank system sound, as new rescues ordered
WASHINGTON (AP) — Treasury Secretary Janet Yellen offered firm, upbeat reassurances to rattled bank depositors and investors Thursday, even as...
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