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SCOTT BESSENT
Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...- IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
- No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
- US hits Bank of America with $1.2 billion fine, says it violated money laundering, sanctions lawsThe US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws. This penalty mar...
- Slow outflows, sure, but inflows? That’s RBI’s real challengeRBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...
- Trump's diesel deal with Putin draws criticism from a frustrated CongressDonald Trump recently announced a controversial agreement with Vladimir Putin to import Russian diesel to the U.S. The deal has drawn bipar...
- Republican, Democratic US senators say Trump's diesel deal with Russia is illegalA bipartisan group of seven US senators has questioned the legality of President Trump's diesel import deal with Russia. They highlight Con...
- Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
- Trump’s AI liability push opens blame game for models gone rogueHolding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and fo...
- US imposes fresh Iran sanctions, targets two Mumbai-based firms, 5 Indian nationalsOn Thursday, the US sanctioned two Mumbai-based firms and five individuals involved in Iranian petroleum trade. These firms allegedly facil...
- US imposes sanctions targeting 17 vessels of Iran 'shadow fleet'The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...
- Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
- White House AI task force will prevent 'overregulation': WSJ reportA White House task force on artificial intelligence will assess the technology's risks and opportunities, while preventing overregulation t...
- Trump names Jay Clayton as AI czar to lead America's ‘Super Intelligence Force’US President Donald Trump has named DNI chief Jay Clayton as his AI czar, tasking him with leading a new White House “Super Intelligence Fo...
- Trump names DNI chief Jay Clayton as AI czar to lead new White House task force: ReportJay Clayton has been appointed as the AI czar by Donald Trump to lead a new panel. This group is tasked with identifying risks and opportun...
- Scott Bessent says AI industry must own its risks and find solutionsAnthropic PBC Chief Executive Officer Dario Amodei, OpenAI chief Sam Altman and SpaceAI Corp.’s Elon Musk in September called for the indus...
- US Treasury chief Bessent claims successes in isolating IranUS Treasury Secretary Scott Bessent has initiated global efforts to economically isolate Iran through new restrictions. These restrictions ...
- After Trump-Xi handshake, Bessent says US-China 'Busan Agreement' extended till January 10US Treasury Secretary Scott Bessent announced the extension of the trade truce with China until January 10. This agreement allows more time...
- Treasury Secretary Bessent may become 'AI czar'Scott Bessent is being considered to take on the role of AI czar amid growing concerns. President Donald Trump has indicated plans to appoi...
- US, China to hold more AI safety meetings in two months in Shenzhen, Scott Bessent saysSenior US and Chinese officials will meet again to discuss artificial intelligence dangers and communications protocols in about two months...
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