Yellen says G7 can reach deal on $50 bln Ukraine loan by October
U.S. Treasury Secretary Janet Yellen told Reuters on Friday that “things look good” for Group of Seven wealthy democracies to…
Yellen says $3 trillion needed annually for climate financing, far more than current level
U.S. Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in…
Keep global tax negotiations at OECD, not UN, Yellen says
U.S. Treasury Secretary Janet Yellen said on Friday that she opposes shifting global tax deal negotiations away from the Organisation…
G20 agrees to tackle taxation of the super-rich, but forum not yet decided
The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world’s largest fortunes on Friday…
Consumer titans have Covid-era issue, in reverse
Consumer goods giants can’t seem to catch a break. During the pandemic, the likes of $260 billion Nestlé and $150…
Fed’s next challenge: the unemployment boogeyman
If the economy were just a snapshot, Federal Reserve Chair Jerome Powell should put the current one on his mantle.…
Some Azerbaijan to Turkey gas deliveries suspended next week for maintenance
Gas deliveries from Azerbaijan to Turkey through the Shahdeniz pipeline will be suspended between July 31 and Aug 5 because…
Iraq increases crude export capacity at southern Gulf terminals with new pumping units
Iraq boosted its crude export capacity at its southern Gulf terminals by 300,000 b/d with the addition of two new…
Lukoil ramps up seaborne oil exports as Druzhba supplies stuck, sources say
Lukoil, Russia’s largest private oil company, has ramped up oil exports via the country’s sea ports as its supplies via…
China’s Iranian crude imports find new market in northeast
Imports of Iranian crude have been flowing into the port and refining city of Dalian since late last year, tanker…