US Treasury Secretary Janet Yellen has warned once more that the United States is on track for default in June if the opposing Republican lawmakers do not approve the proposed budget bill hinged on debt increase and decrease in public spending. It is likely that the US could default on …
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US Treasury Secretary Janet Yellen says her country will be careful in how it decides to lift sanctions from Iran if current talks in Austria on reviving the 2015 Iran nuclear deal, better known as JCPOA, bear fruit. Yellen made the remarks on Thursday while answering questions about Iran and …
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The latest data from the Treasury Department shows that the US gross national debt has exceeded $26 trillion for the first time, as the nation grapples with economic relief from the Covid-19 pandemic. The national debt is up from $23.5 trillion in March, with an increase of $1 trillion since …
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The US Treasury secretary says the unemployment rate reported by the government is likely to get worse amid lockdown measures put in place due to the coronavirus pandemic. Steven Mnuchin made the comments on Sunday after the US Labor Department announced last week that the unemployment rate had surged to …
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