Bessent says Treasury is seeking ways to deliver Trump’s $5,000 dividend without adding to deficit
Treasury Secretary Scott Bessent told lawmakers on Tuesday that the US Treasury is examining whether the Trump administration…
U.S. blacklists Russia’s VTB Bank for aiding Iran in evading sanctions
Sept. 14 (UPI) — The United States has blacklisted VTB Bank, Russia’s second-largest lender and the only Russian…
Iran’s proxy money machine: How the Houthis built a multibillion-dollar network despite US sanctions
The Houthis’ rapid advance toward one of the world’s most important shipping chokepoints is putting fresh scrutiny on…
U.S. Moves to Isolate Iran’s Aviation Sector From the Global Economy
The United States has imposed sanctions on all of Iran’s remaining active airlines, sharply escalating pressure on Tehran’s…
Rick Scott: Turkey Is ‘Not Our Friend,’ Helps Iran
Sen. Rick Scott (R-Fla.) at the U.S. Capitol on March 06, 2024, in Washington, D.C. (Photo by Kevin…
Former Trump Economic Adviser: Iran’s Oil Exports Have Fallen to Zero. Here’s What It Could Mean for Oil Prices
Quick Read Operation Economic Outcast has driven Iran’s crude exports to zero, with no oil transiting the Strait…
US sanctions Turkish bank, two subsidiaries to pressure Iran
By Ismail Shakil, David Lawder and Andrea Shalal WASHINGTON, Sept 4 (Reuters) – The U.S. Treasury Department said…
Scott Bessent Says Iran Bank Sanctions Could Come This Week, Strait Of Hormuz Will Be ‘Worthless’ In 2 Years
Bessent said the U.S. could announce new sanctions targeting Iranian banks this week and again next week. He…
G20 finance chiefs gather in North Carolina with Iran sanctions and tariffs in focus
The United States takes its turn chairing the G20 finance track this week under distinctly awkward conditions. US…
Europe must choose between US and Iran, Gordon Sonland argues
Economic pressure on Iran intensifies as Treasury Secretary Scott Bessent urges G20 countries to sever financial ties with…
War weighs on Iran’s economy as US intensifies sanctions
By Eman Abouhassira, Yasmine Ghania and Ahmed Tolba DUBAI/CAIRO, Aug 29 (Reuters) – Iranian leaders are acknowledging the…
US places limits on Egyptian bank to put more pressure on Iran
00:04 Speaker A Well, the US is issuing limits for one of Egypt’s largest banks against doing business…