US Treasury Secretary said she also urged Israeli PM Benjamin Netanyahu in recent letter to reinstate work permits for Palestinians & reduce barriers to commerce within West Bank.
Yellen said the two nations have been collaborating across a range of economic issues, including commercial and technological collaboration and strengthening supply chains.
Most semiconductor companies said China's export control of rare earth minerals won’t impact their business. Germany's Volkswagen said it was assessing the impact.
She noted that China's growing middle class was a huge market for American goods and services and that Washington's actions against Beijing were based on national security concerns.
US officials said Yellen will push to open new lines of communication and coordination on economic matters, and stress the consequences of supplying lethal aid to Russia.
During meeting with Banga a day before former Mastercard CEO takes office at World Bank, Yellen ‘conveyed her strong desire for Treasury to continue close collaboration’ with him.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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