Newsbreak 2 weeks ago in Around The World, China, FDIC, Janet Yellen, News, Russia, Silicon Valley Bank, Sunday shows preview, Sunday Talk Shows, Sunday talk shows preview 0 Category: Janet Yellen
Sunday shows preview: Silicon Valley Bank collapses; US relations with China, Russia remain tense
Newsbreak 2 weeks ago in Around The World, China, FDIC, Janet Yellen, News, Russia, Silicon Valley Bank, Sunday shows preview, Sunday Talk Shows, Sunday talk shows preview 0 The sudden collapse of Silicon Valley Bank — the biggest bank failure since the 2008 recession — and increasingly strained U.S. relations with China, Russia and other adversaries will likely dominate the Sunday shows circuit this weekend. Silicon Valley Bank, which largely catered to tech startups, was swiftly closed down by regulators after it collapsed on Friday morning. The bank’s downward spiral began late Wednesday,…
India can buy as much Russian oil as it desires, Yellen says. The caveat: it can’t use Western insurance coverage,...
Newsbreak 4 months ago in Around The World, China, Energy, Energy Crisis, Germany, India, Janet Yellen, Markets, MI Exclusive, News, Oil, Politics, Russia, Ukraine war 0 US Treasury Secretary Janet Yellen mentioned G7’s worth cap on Russian oil will restrict Moscow’s power income even when there’s demand. Brendan Smialowski/AFP through Getty Images India can buy as much Russian oil as it likes, US Treasury Secretary Yellen instructed Reuters. However, India can’t use Western delivery, insurance coverage, and monetary companies in such offers, she mentioned. It can be powerful for closely sanctioned…
US Treasury Secretary Yellen says the crypto market needs ‘very careful regulation’ amid FTX’s dramatic collapse
Newsbreak 4 months ago in Around The World, Chapter 11 Bankruptcy, crypto, Exchange, ftx, Janet Yellen, Markets, MI Exclusive, News, Sam Bankman-Fried, Tech Insider 0 US Treasury Secretary Janet Yellen informed Bloomberg that FTX’s collapse “shows the weaknesses of this entire sector.” REUTERS/ Robert Galbraith The US Treasury Secretary informed Bloomberg FTX’s collapse supported her view that the crypto market requires “very careful regulation.” FTX filed for chapter on Friday and founder Sam Bankman-Fried resigned as CEO. The crypto business is grappling with the fallout from FTX’s implosion. US Treasury…
Janet Yellen says the US can still avoid a recession — but the Fed’s next move is about to make...
Newsbreak 5 months ago in Around The World, Economy, Federal Reserve, Inflation, Interest Rates, Janet Yellen, Jerome Powell, Policy, Politics, Recession, Sherrod Brown, Treasury Department 0 Treasury Secretary Janet Yellen. AP Photo/Patrick Semansky, File Treasury Sec. Janet Yellen advised CNN she would not suppose a recession will occur in the near-term. But the Fed is anticipated to hike rates of interest once more this week, which may set off a downturn. The central financial institution is shifting at a traditionally quick tempo, and lawmakers fear the Fed is appearing too aggressively…