US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to hold high-level economic talks in New York on Sunday, September 20, as Washington and Beijing seek to prepare the ground for a major meeting between US President Donald Trump and Chinese President Xi Jinping later this week. The discussions, which will […]
The United States has sharply intensified its economic pressure on Iran by imposing sweeping new sanctions on the country’s aviation sector, targeting Iranian airlines, foreign intermediaries and companies accused of helping Tehran obtain aircraft and aviation technology. The U.S. Treasury Department announced on September 8 that its Office of Foreign Assets Control (OFAC) had sanctioned […]
U.S. President Donald Trump has described the recently concluded G20 Finance Ministers and Central Bank Governors meeting in Asheville, North Carolina, as “very productive and positive,” praising Treasury Secretary Scott Bessent for representing the United States. The two-day meeting, held on August 31 and September 1 under the U.S. presidency of the G20, brought together […]
The United States has launched a broad new sanctions campaign designed to intensify pressure on Iran’s economy, targeting the country’s oil revenues, financial networks, military procurement channels and international trading partners. U.S. Treasury Secretary Scott Bessent described the initiative as an “economic onslaught” against Tehran. The campaign, known as Operation Economic Outcast, combines fresh sanctions […]
The United States has vowed to impose what Treasury Secretary Scott Bessent described as the “toughest sanctions in history” against Iran, saying Washington intends to intensify economic pressure on Tehran and cut off the financial lifelines supporting its government. Bessent said the Trump administration’s strategy was designed to severely weaken Iran’s economy and increase pressure […]
The United States is preparing what Treasury Secretary Scott Bessent has described as the “toughest sanctions in history” against Iran, dramatically escalating Washington’s economic campaign against Tehran as the conflict and tensions surrounding the region continue. Bessent said Thursday that the new measures would be designed to intensify pressure on Iran’s economy and reduce the […]
CHARLESTON CEREMONY MARKS OFFICIAL RENAMING U.S. War Secretary Pete Hegseth has officially renamed Joint Base Charleston as Joint Base Lindsey Graham, marking a major military tribute to the late South Carolina senator and Air Force veteran during a formal ceremony held Monday at the installation. The announcement comes less than a month after Graham’s death […]
The United States could announce an agreement with Iran to reopen the Strait of Hormuz as early as “today or tomorrow,” according to U.S. Treasury Secretary Scott Bessent. Bessent said negotiations are progressing and expressed optimism that a breakthrough could be reached soon. He noted that financial markets have responded positively to the prospect of […]
Treasury Secretary’s Notes Reveal Plan to Support Yen Washington and Tokyo Coordinate Rare Currency Market Action The United States has stepped in to support the Japanese yen, with U.S. Treasury Secretary Scott Bessent at the centre of the intervention. A photograph taken during a cabinet meeting at Camp David on Friday captured a notepad in […]
Senior U.S. and Chinese economic officials have agreed on the framework of a potential trade deal, setting the stage for a high profile meeting between U.S. President Donald Trump and Chinese President Xi Jinping later this week. The agreement aims to pause new tariffs and ease export restrictions as both nations seek to stabilize their […]