US Treasury Secretary Janet Yellen Confirms Good Health of US Economy with Latest Data on Employment and Wages

Finance For the US Treasury Secretary, the latest data on US employment, much better than expected, and the average increase in wages in 2023 confirm the good health of the US economy: “American workers are making careers and progress is middle-income families are very evident” 2′ reading For US Treasury Secretary Janet Yellen, the US … Read more

House Republicans’ Failure to Act Responsible: The Harm to American Families and Economic Hardship

House Republicans’ Failure to Act Responsible: The Harm to American Families and Economic Hardship

“House Republicans’ failure to act responsibly would harm American families and cause economic hardship that could undermine the progress we are making,” Yellen said. “A shutdown would affect many key government functions, from lending to farmers and small businesses to food and labor safety inspections to Head Start programs for children. And it could delay … Read more

US Treasury Announces Plans for Future Bond Issuance amid Interest Rate Concerns

US Treasury Announces Plans for Future Bond Issuance amid Interest Rate Concerns

“While these changes will make significant progress towards aligning the size of issuance with medium- and long-term borrowing needs, it is likely that further gradual increases will be required in the coming quarters,” the ministry said in a statement. US bonds are threatened with the approach of halting interest rate increases Part of that deterioration … Read more

China Imposes Export Controls on Gallium and Germanium Products, Causing Price Surge

China Imposes Export Controls on Gallium and Germanium Products, Causing Price Surge

China’s sudden announcement that it will impose export controls on certain gallium and germanium products from August 1st has caused companies to scramble to secure their supplies, resulting in price increases. Analysts have pointed out that this measure was announced on the eve of the American Independence Day and ahead of Yellen’s visit to Beijing … Read more

US Treasury Secretary Janet Yellen Visits China to Foster Economic Relations and Address Global Challenges

US Treasury Secretary Janet Yellen Visits China to Foster Economic Relations and Address Global Challenges

The United States seeks sound economic relations with China that promote growth and innovation in both countries. The Joe Biden government also wants to cooperate on pressing global issues such as climate change and debt relief” for developing countries. US Treasury Secretary Janet Yellen will visit China from Thursday to Sunday, where she will meet … Read more

“European Stocks Rise on Optimism About US Debt Ceiling Negotiations Despite Weekly Losses”

European stock indices rise at the close of trading today, with renewed optimism about the US debt ceiling negotiations, and the European market recording losses this week. European stocks rose with renewed negotiations on the US debt ceiling European stock indices rose at the close of trading today, Friday, in light of renewed optimism about … Read more

Biden Preparing Deal with Republicans to End American Debt Crisis

The crisis of expectations of American default on debt repayment worsens as payment deadlines approach, so an American source reveals that Joe Biden is preparing to strike a deal with the Republican bloc in Congress to put an end to the crisis. The US President, Joe Biden, had held Congress responsible for resolving the crisis, … Read more

“US Debt Ceiling Crisis: Wall Street Strategists Warn of Potential Volatility in Equity Markets”

The debt ceiling is another hurdle “There is little conviction on either side as the market continues to digest earnings reports, a slew of economic data, and finger pointing in Washington regarding debt ceiling discussions. For Chris Larkin of Morgan Stanley’s E*Trade, it’s fair to ask whether the drop in stock volatility indicates the market … Read more

“US Treasury Secretary Calls for Constructive Economic Ties with China”

April 20, 2023 For years now, the United States and China have been engaged in an unprecedented trade war. However, the US Treasury Secretary, Janet Yellen, clarified that her country seeks “constructive and fair” economic ties with China. In the presentation he gave at the Johns Hopkins University School of Advanced International Studies, he considered … Read more

Ireland to evade the enforcement of a 15% standard corporate tax rate.

Ireland has long been known as a prime location for multinational corporations to set up shop due to its low corporate tax rate. However, recent news suggests that the country may be changing its tune. The Irish government has indicated that it may not implement a 15% headline corporate tax rate, a global minimum tax … Read more