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US TREASURY SECRETARY
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 Congress
Donald Trump recently announced a controversial agreement with Vladimir Putin to import Russian diesel to the U.S. The deal has drawn bipar...
Trump has learnt his India lesson the hard way. Will he own up?Donald Trump, who imposed an additional 25% tariff on Indian imports to pressure New Delhi to stop buying Russian oil, has agreed to bring ...
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...
MIT, Harvard, Yale among 9 US universities under J-1 visa fraud probe as US alleges wage undercuttingThe US Labour Department has launched an investigation into alleged J-1 visa fraud at nine major universities, including Harvard, Yale, Sta...
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...
Why is Donald Trump buying diesel from Vladimir Putin's Russia despite heavy sanctions? What will be impact on Oil prices?Donald Trump’s shocking announcement comes after he signed a sweeping Russia sanctions law last month that aimed at clamping down on the Ru...
US Market: Treasury bond purchases fall below $6 billion buyback capThe U.S. Treasury's recent expansion of its bond buyback program has raised eyebrows, as it is acquiring fewer bonds than anticipated. Curr...
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 ...