- 12h ago
US Treasury Secretary Scott Bessent meets Russian counterpart Anton Siluanov at G20 summit in Asheville
United States Treasury Secretary Scott Bessent held talks with Russian Finance Minister Anton Siluanov in North Carolina, drawing sharp pushback from European officials who boycotted the G20 family photograph.
- 5d ago
Fed chair Kevin Warsh warns of potential interest rate hikes as US inflation reaches 3.7%
Speaking at the Jackson Hole symposium, Federal Reserve Chair Kevin Warsh warned that the US central bank will raise interest rates if consumer price increases do not slow toward the 2.0% target.
- 6d ago
Global bond yields surge to multi-year highs as Middle East fighting lifts oil prices
Sovereign bond yields climbed in the United States, Japan, and Australia on Wednesday as renewed U.S.-Iran conflict pushed crude prices above $95 a barrel, increasing market expectations of interest-rate hikes.
- Aug 26
US pauses military strikes on Iran until November midterms in favor of economic pressure
Secretary of State Marco Rubio told foreign ministers that Washington will avoid military action against Iran through the November elections, relying on a naval blockade and new sanctions.
- Aug 21
US launches Operation Economic Outcast against Iran and sanctions over 60 entities
Treasury Secretary Scott Bessent announced a sanctions campaign targeting Iran's global trade, banking ties, and oil shipments while warning foreign partners to cut economic relations.
- Aug 20
US federal debt crosses 40 trillion dollars following treasury issuance
The United States federal debt reached 40.047 trillion dollars on 18 August 2026, driven by higher borrowing costs, entitlement spending, and court-mandated tariff refunds.
- Aug 20
Trump threatens secondary sanctions in Economic D-Day ultimatum against Iran
US President Donald Trump announced an Economic D-Day against Iran, warning third-party countries and businesses of penalties if they facilitate Iranian trade.
- Aug 14
US threatens Iran with economic isolation 'the world has never seen' over Hormuz blockade
Treasury Secretary Scott Bessent said new measures coming next week would combine economic asphyxiation with the Strait of Hormuz blockade, while VP Vance named cheap oil as Washington's top priority over Iran's nuclear program.
- Jul 9
Trump declares Iran peace deal dead at NATO summit, oil surges 5% and Wall Street falls
US President Donald Trump said the preliminary peace agreement with Iran is over, triggering new US strikes and a sharp rise in oil prices. Wall Street ended mostly lower as geopolitical risk returned.
- Jul 8
Spain brushes off Trump’s threat to cut all trade as ‘expected’ after his NATO summit attack
The Spanish government responded calmly after President Donald Trump threatened to sever all trade with Madrid during a NATO summit in Ankara, calling the remarks ‘expected’ and stressing the strong bilateral ties.
- May 30
Trump Withholds Decision on Iran Deal as Hormuz and Nuclear Issues Remain Unresolved
President Trump concluded a two-hour Situation Room meeting without approving a preliminary agreement with Iran, leaving the fate of a 60-day ceasefire extension and the reopening of the Strait of Hormuz hanging in the balance.
- May 29
Iran War Ceasefire: Tentative US-Iran Deal for 60-Day Extension, but Trump and Tehran Must Still Agree
United States and Iranian negotiators are reportedly close to a preliminary agreement on a 60-day ceasefire extension and the reopening of the Strait of Hormuz, though both US President Donald Trump and Iran's leadership have yet to give their final approval.
- May 29
Trump Holds the Key as US and Iran Edge Toward 60-Day Ceasefire Memorandum, but Final Approval Remains Elusive
A preliminary memorandum of understanding between US and Iranian negotiators promises a 60-day truce and the reopening of the Strait of Hormuz, but the entire framework hinges on final approval from President Donald Trump and Iran's supreme leader, both of whom have yet to sign.
- May 29
Trump administration pushes for new $250 banknote featuring president's portrait, challenging 1866 law
The US Treasury has prepared a design for a $250 banknote bearing Donald Trump's portrait, but the plan requires Congress to overturn a 160-year-old ban on depicting living people on currency.
