Politics

In a recent statement, U.S. Treasury Secretary Janet Yellen stated that the United States is prepared to impose sanctions on Chinese banks, companies, and Beijing’s leadership if they assist Russia in its invasion of Ukraine. This warning comes as tensions escalate between the U.S., China, and Russia over the conflict in Ukraine. Yellen emphasized that
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The recent discussions held by U.S. Treasury Secretary Janet Yellen during her visit to China have revolved around overcapacity concerns and the encouragement for market-oriented reforms. Yellen highlighted the importance of a healthy economic relationship that benefits both economies. She emphasized the need for a level playing field for American workers and firms, as well
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In a recent development, two Florida brothers, Michael Shvartsman and Gerald Shvartsman, pleaded guilty in New York federal court to insider trading charges related to their purchase and sale of securities of Digital World Acquisition Corp. This shell company eventually merged with former President Donald Trump’s social media firm, leading to the brothers earning more
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President Joe Biden recently spoke with Chinese President Xi Jinping in a phone call aimed at “checking in” and responsibly managing the strained relationship between the United States and China. The White House described the call as an opportunity for the two leaders to engage in intense diplomacy to address tensions, misperceptions, and prevent unintended
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