Trump Treasury Pick Bessent Backs Fed Independence, Dollar, Sanctions on Russian Oil
WASHINGTON (Reuters) -President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.
High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...
President-elect Donald Trump is a week and a half away from inheriting a strong economy from President Joe Biden. Yahoo ...
Donald Trump’s gleeful “Drill, baby, drill” pledge chimes with the idea of weaponising America’s status as the world’s ...
Inquirer on MSN4d
Stock markets mostly fall as traders trim US rate cut betsGlobal markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally ...
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021. Limited ...
The West has frozen $300 billion of Moscow’s assets, but Europe has stood in the way of using them.
Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback