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US Inflation Reduction Act
Georgia governor says Biden subsidies are hurting state’s booming economy
...The federal Treasury department said this week that Georgia had received almost $15bn worth of clean-energy project investments since the IRA passed in August 2022....
February 18, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...filed with the US Department of Justice....
March 21, 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
Western business, the Kremlin and the war
Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
...It is under scrutiny by officials at the US Treasury department and has come under pressure from the European Central Bank to pull out of Russia....
April 16, 2024
US-China relations
House panel seeks ban on US government purchases of Chinese drones
...The Biden administration later placed DJI on a Treasury department investment blacklist over concerns about alleged support for the surveillance of Muslim Uyghurs in Xinjiang....
November 1, 2023
War in Ukraine
Turkey’s exports of military-linked goods to Russia soar
...The US Treasury department also flagged the issue this month in its latest round of sanctions on Russia....
November 27, 2023
US-China relations
Blinken to warn China over weapons-related exports to Russia
...The US state department declined to comment. Treasury secretary Janet Yellen raised the issue during a visit to China this month, but Blinken intends to press the matter in stronger terms....
April 20, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
US announces sanctions over West Bank violence against Palestinians
...The Department of State on Friday said it was designating Ben Zion Gopstein, the founder and leader of Lehava, over his organisation’s role in acts or threats of violence against Palestinians....
April 19, 2024
Iran
Iran calls in UK ambassador over ‘murder for hire’ sanctions
...The Treasury department said Zindashti’s network was connected to murders in the United Arab Emirates, Canada and Turkey, and that the protection he enjoyed from the intelligence ministry allowed him “to...
January 30, 2024
US-China relations
US Treasury team set for Beijing talks on economic co-operation
...“This trip underscores Secretary Yellen and the Biden administration’s commitment to establishing resilient channels of communication between the United States and China,” said a Treasury official....
January 17, 2024
Michael Strain
Protectionism is running amok in the US
...The major obstacle to the deal going through is a national security review led by the Treasury department. Some elected officials have expressed security concerns....
March 18, 2024
Transcript
Transcript: Swamp Notes — Trump’s legal troubles
...That’s the way the United States would influence global affairs, right?...
February 25, 2024
Electric vehicles
Joe Biden says Chinese smart cars could pose US security threat
...China and investment by Chinese companies in the United States,” said Liu Pengyu, the embassy spokesperson....
February 29, 2024
World
Sri Lanka’s US cavalry is here
...Department of Justice “to attend to the interests of the United States” by “argu[ing] any case in a court of the United States in which the United States is interested.” 28 U.S.C. §§ 517, 518....
October 3, 2023
Hamas
US targets Hamas financial network with sanctions after Israel attack
...“The United States is taking swift and decisive action to target Hamas’s financiers and facilitators following its brutal and unconscionable massacre of Israeli civilians, including children,” Treasury secretary...
October 18, 2023
Cryptofinance
US watches Russian crypto activity ahead of election Premium content
...presidential administration, the Treasury department said on Wednesday....
March 22, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Israel-Hamas war
US pushes allies for more sanctions on Hamas
...Hamas was already pretty “comprehensively designated” by the US state department and Treasury, and the US now wanted to close any gaps and loopholes while potentially targeting further senior individuals...
October 27, 2023
Iran
US asks China to tell Iran not to retaliate against Israel
...interest and it’s not in the world’s interest,” said state department spokesperson Matt Miller....
April 11, 2024
FirstFT
FirstFT: US investors consider their TikTok options
...MGX, a new state-funded Abu Dhabi investment company, is in talks to back OpenAI’s ambitious chip venture, in the latest effort by the United Arab Emirates to become a global powerbroker in artificial intelligence...
March 15, 2024
Day 12 of Israel conflict as it happened: White House says Israel is ‘not responsible’ for Gaza hospital explosion
US sanctions Hamas-linked entities in push to disrupt group’s financing
...“The United States is taking swift and decisive action to target Hamas’s financiers and facilitators following its brutal and unconscionable massacre of Israeli civilians, including children,” Treasury secretary...
October 18, 2023
Sovereign bonds
About that Treasury ‘tsunami’ . . .
...States....
August 2, 2023
News in-depthUK foreign policy
David Cameron’s journey back to centre of world stage
...Downing Street insisted the government was “completely united” after eyebrows were raised at the difference of emphasis....
April 9, 2024
Venezuela
US eases sanctions on Venezuela following election deal
...“Failure to abide by the terms of this arrangement will lead the United States to reverse steps we have taken,” he said....
October 19, 2023
War in Ukraine
US targets China, Turkey and UAE in latest Russia sanctions
...state department said on Thursday....
November 2, 2023
FirstFT
FirstFT: Larry Fink warns of looming ‘retirement crisis’
...Related: Bond fund giant Pimco told the FT it was holding a smaller than usual position in US Treasuries and preferred the bonds of countries such as the UK and Canada. 2....
March 26, 2024
Transcript
The global power of the dollar
...Wally AdeyemoThe Treasury department has played a geopolitical role probably since the founding of our nation, but I’ve been now at the Treasury department for the better part of a decade....
November 2, 2023

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