News

Bessent Says Trump Paused Sovereign Wealth Fund to Focus on Debt
US Treasury Secretary Scott Bessent said the Trump administration paused plans to create a sovereign wealth fund as the ...
Asian economies are the collateral damage of the US-China trade war
The biggest concern for policymakers in Southeast Asia is that they are caught in the crosshairs of the U.S.-China trade ...
Bessent Sees Easing Capital Rule on US Treasuries This Summer
Treasury Secretary Scott Bessent said that US regulators may lift a rule that’s served as a constraint on banks’ trading in ...
Top EU Official Slated to Meet With Scott Bessent Today
The European Union’s top economic official, Valdis Dombrovskis, is scheduled to meet U.S. Treasury Secretary Scott Bessent on ...
German minister sees 'positive signals' after meeting with Bessent
BANFF, Canada (Reuters) -German Finance Minister Lars Klingbeil is optimistic about relations with Washington after his ...
Asharq Al-Awsat on MSN1d
IMF Urges US to Curb Deficit, Tackle its ‘Ever-Increasing’ Debt Burden
Washington: A top IMF official has called on the US to reduce its fiscal deficit and tackle its “ever-increasing” debt burden at a time of rising concerns about President Donald Trump’s plans for ...
Public Broadcasting Service (PBS)2d
Trump’s tariffs will test U.S. allies at G7 finance ministers’ summit
The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have ...
US Treasury's Bessent to attend G7 finance meeting, focus on imbalances
U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders' meeting in Canada next week and will ...