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Philip Hammond
Philip Hammond had contacts with Treasury about crypto firm he later chaired
...The former chancellor spoke with Glen in late March in a scheduled call, a week after Tokarev’s meeting with Treasury officials, according to the documents released in response to a Freedom of Information...
February 9, 2024
US-China relations
Janet Yellen warns China against clean energy dumping
...Yellen delivered her message to Beijing from a solar energy manufacturer in Georgia on Wednesday, just days before her second trip to China as Treasury secretary....
March 27, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
US-China relations
Yellen says US-China relations on ‘stronger footing’
...The Treasury secretary’s claims of an improving relationship came as Chinese officials released statements flatly rejecting the US charge of oversupply, illustrating the distance that remains between the...
April 8, 2024
US-China relations
Yellen says US will protect green tech from China competition
...“The scale of subsidies just dwarfs what we see in OECD economies,” a Treasury official said during the trip, noting that the excess capacity was having “global spillovers”....
April 4, 2024
News in-depthUK tax
Hunt’s Budget dilemma: play it safe or be ‘bold’ to save Tory seats
...“He is well regarded in the Treasury as a sensible person who, left to his own devices, will try to do the right thing....
March 5, 2024
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
March 20, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Taiwan
US delegation heads to Taiwan after voters defy China
...“As we have done previously following a Taiwan presidential election, the US government has asked former senior officials to travel in their private capacity to Taiwan....
January 14, 2024
Cryptofinance
US watches Russian crypto activity ahead of election Premium content
...Brian Nelson, under-secretary of the Treasury for terrorism and financial intelligence, said the US was “committed to exposing Russia’s extensive campaigns of government-directed deception, which are intended...
March 22, 2024
The FT ViewThe editorial board
China lacks a credible policy to meet its own growth target
...In terms of fiscal support, one modest new impetus was unveiled. A Rmb1tn ($139bn) issuance of special Treasury bonds was scheduled to finance “security capacity in key areas”....
March 6, 2024
UK economy
Senior Tories ‘trying to escape reality’ over attack on OBR forecasts
...The OBR is also recognised as one of the most transparent official economic forecasters in the world.”...
January 7, 2024
Drug trafficking
Ecuador arrests 6,000 people in month-long gang crackdown
...“Drug-trafficking gangs such as Los Choneros, many with ties to powerful cartels in Mexico, threaten communities in Ecuador and throughout the region,” said Brian Nelson, the US Treasury’s under-secretary...
February 8, 2024
Conservative Party UK
Tory focus turns to Spring Budget to close gap with Labour ahead of election
...Sir Nicholas Macpherson, a former Treasury permanent secretary, said he expected Hunt to return to death duty ahead of the Budget....
November 24, 2023
Global Economy
Yellen sees no market ‘dysfunction’ from US bond rout
...The surge in borrowing costs has not created dysfunction in US financial markets, Treasury secretary Janet Yellen said as she struck an optimistic tone about the capacity of banks, businesses and households...
October 9, 2023
Turkey
US ‘profoundly’ worried over Turkey’s financial links to Hamas
...funds because of its “capacity for terrorism”....
November 30, 2023
The Big Read
The ambitions of China’s BYD stretch well beyond electric vehicles
...In April, Janet Yellen, the US Treasury secretary, visited Beijing and warned the Chinese government over state support for clean-technology industries and said that the “viability of American and other...
April 25, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
National Health Service
Jeremy Hunt rejects calls for £1bn for NHS in England to cover strike costs
...The decision comes as a blow to health secretary Steve Barclay, who had been urging Hunt to lay out extra funding in his Autumn Statement later this month....
November 8, 2023
The Week Ahead
Central bankers take centre stage
...Bank of England watchers are expecting a rate cut. The debate here is whether it will have the capacity to start cutting as soon as June....
March 17, 2024
Energy Source
New oil and gas projects expected to grow despite IEA warning Premium content
...On the renewables front, US Treasury secretary Janet Yellen travelled to a solar factory in Georgia yesterday where she warned China not to flood the world with cheap clean energy exports....
March 28, 2024
Gillian Tett
Do not discount the chance of a Trump return
...(The one notable exception, I am told, is Steven Mnuchin, former Treasury secretary; he might well come back....
November 16, 2023
Autumn Statement
Improved UK fiscal position gives Jeremy Hunt room for Autumn Statement giveaways
...The Tory right, bruised by a reshuffle that brought the return of the centre-right David Cameron as foreign secretary, may need more than a tax cut [though] as an offering....
November 19, 2023
Global Economy
Biden pushes for bigger World Bank to combat China’s rising influence
...“It’s not just a question of responding to China, it’s a question of addressing long-standing global challenges,” Janet Yellen, the US treasury secretary, told reporters on Friday in New Delhi....
September 8, 2023
South African economy
How South Africa’s state rail network Transnet came close to the brink
...The fact that Transnet lost over R5bn [in the last financial year] is absolutely nothing compared to what our treasury has lost in terms of revenue,” said Jan Havenga, professor in logistics at Stellenbosch...
October 18, 2023
Oren Cass
US industry is getting its way on China
...As the former General Electric chief executive Jeffrey Immelt famously remarked of the Chinese, before his company disavowed it: “I am not sure that in the end they want any of us to win or any of us to...
August 14, 2023
Disrupted Times
EU states to get powers over Russian gas imports
...Harriett Baldwin, head of the Treasury select committee, told the FT that reforms had not proved as “major as had been presented” and that headway had been slow....
December 8, 2023
Coutts & Co
Sunak pledges crackdown on bank ‘blacklisting’ amid Farage Coutts furore
...The Financial Times previously reported that Farage had paid off his Coutts mortgage earlier, reducing his business with the bank to below its official threshold of more than £3mn in savings, or borrowings...
July 19, 2023

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