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U.S. TREASURY SECRETARY SCOTT BESSENT
Indian firms invest $40 billion in US, support 70,000 jobs: US EmbassyUS Treasury Secretary Scott Bessent met Indian Finance Minister Nirmala Sitharaman recently. This meeting occurred during the G20 Finance M...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
India, US commit to deepen relationship in critical minerals, other areasIn a significant move, India and the US have vowed to bolster their bilateral relationship, particularly in critical minerals supply chains...
Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
FM Sitharaman invites Scott Bessent to New Delhi, commits to deepen India-US ties on critical mineralsIndia's Finance Minister and the US Treasury Secretary met to strengthen bilateral ties. They committed to deepening cooperation across sev...
US bond yields reflect 'flat to down' inflation expectations, stronger growth, Bessent saysDuring a finance leaders' gathering in Asheville, US Treasury Secretary Scott Bessent emphasized the significance of recent economic indica...
Iran says it has enough foreign currency despite US sanctionsIran's Central Bank Governor stated sufficient foreign currency reserves exist despite sanctions. He announced plans to inject two billion ...
Japan faces day of policy reckoning as Scott Bessent calls time on big stimulusWhile the BOJ was already widely expected to lift rates in September as inflation pressures grew, Bessent's recent comments effectively l...
Yen hangs near 160 amid BOJ rate-hike bets, dollar wobblesThe yen stabilized near 160 against the dollar on Tuesday. US Treasury Secretary Scott Bessent urged the Bank of Japan to raise rates. Curr...
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
US plans to sanction another bank in effort to clamp down on Iran transactions: Scott BessentUS Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
Egypt's Banque Misr reviews US dollar curbs, UAE launches urgent probe over Iran linksEgypt's Banque Misr is reviewing US sanctions targeting its UAE branches for Iran dealings. The UAE central bank has launched an urgent exa...
US issues fresh Iran-related sanctions as war marks six monthsThe United States has imposed additional targeted Iran-related sanctions this week. An Egyptian bank faces limits for conducting business w...
Japan's finance minister, BOJ chief to attend G20 gathering next weekJapan's finance minister and central bank governor will attend the upcoming G20 meeting. Policymakers will discuss the global economic fall...
Trump says he did not direct Bessent to intervene in bond marketPresident Donald Trump clarified that he had not influenced Treasury Secretary Scott Bessent's decisions in the market. Bessent made choice...