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SCOTT BESSENT TREASURY
How a banking scandal is taking down Trump’s ally in ParaguayParaguay's Ueno Bank has collapsed, leaving customers locked out of their accounts and prompting nationwide protests. President Santiago Pe...- Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successorSantiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse o...
- US Treasury sanctions Canadian money services firms over Iran-related transactionsUS Treasury imposed financial sanctions on eight Canadian money services firms involved with sanctioned Iranian entities. The sanctions blo...
- US sanctions India-based couple, companies over alleged support for Iran's Shadow oil fleetThe United States imposed sanctions on Suniel Kumar Sharma and Jaspreet Preeti Shahid for aiding Iran's shadow fleet. Their network alleged...
- US slaps sanctions on Indian, Turkish firms and people for aiding IranThe sanctions are part of the Trump administration's "Operation Economic Outcast," which aims to cut off Iran's ability to sell oil to fund...
- US-friendly nations slash treasury purchases by 60%, led by AsiaIn the first eight months of 2026, countries aligned with the US purchased a net total of $174.3 billion in Treasuries. This amount represe...
- US growth boosted by AI, but no sign of a turning point higherEconomists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business i...
- US midterm election 2026: How Air Force One has become Donald Trump's most potent trump card in upcoming pollsUS midterm elections 2026: President Donald Trump is surrounded on these trips by White House and external consultants making strategic cho...
- Who's on Air Force One? Trump's midterms entourage includes strategists, aides and aging athletesPresident Donald Trump is actively campaigning across the United States aboard Air Force One to support Republican candidates. He travels w...
- Iran claims Strait of Hormuz control, warns US warships against entering Persian Gulf amid fresh strike threatIran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...
- Oil exports from Persian Gulf 'surpassed pre-conflict levels', claims US Treasury Secy BessentUS Treasury Secretary Scott Bessent announced that oil exports from the Persian Gulf have exceeded pre-conflict levels. This development oc...
- Iran caps dollar purchases at $1,000 per day amid sanctions-hit economyIran has introduced new rules for buying US dollars through banks and exchange offices as sanctions strain its financial system. Under the ...
- US sanctions have India cornered. BRICS charts an escape routeUS sanctions have significant implications on international trade, especially concerning countries like India. As BRICS countries explore a...
- Bessent sees no spillover from France bond market’s turmoilScott Bessent, the US Treasury secretary, expressed that the French bond market will not affect other markets. He acknowledged the economic...
- Starlink speed restrictions seem deliberate: Volodymyr ZelenskyyAfter sending vehicles connected to Starshield to Europe to conduct speed checks and finding they operated normally outside Ukraine, offici...
- Waiver 60-day pause; Europe refused to sanction China, India over Russia oil, says USThe US announced a 60-day pause on sanctions against Russia to analyze the effects on the global economy. Officials clarified that no sanct...
- US announces new Iran-related sanctions targeting 16 people, 10 entitiesThe United States has imposed sanctions on 16 individuals and 10 entities connected to Iran's financial operations. US Treasury Secretary S...
- 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...
- 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...
- 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...
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