United States allocates US$20 billion to Ukraine using frozen Russian assets
On 10 December, the US Department of the Treasury announced the allocation of $20 billion for Ukraine as part of the G7 initiative to utilise frozen Russian assets. Source: European Pravda, citing a statement from the US Department of the Treasury Details: US Treasury Secretary Janet Yellen noted that the funds for Ukraine's support are sourced from surplus revenues generated through the use of immobilised Russian assets.
US Disburses $20 Billion Ukraine Loan Backed by Russian Assets
The US Treasury Department said Tuesday it disbursed a $20 billion loan to support Ukraine, which will be repaid using the profits generated from immobilized Russian central bank assets.
US Treasury Turns Frozen Russian Assets Into $20 Billion Loan For Ukraine
The U.S. Treasury Department on Tuesday executed the transfer of its $20 billion share of a massive $50 billion G7
US disburses $20 bn Ukraine loan backed by profits from Russian assets
The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by proceeds earned on frozen Russian assets, as part of a $50 billion G7 support package.The EU has already committed around $19 billion in loans backed by frozen Russian assets while the United Kingdom,
US approves $20 billion loan for Ukraine, says Treasury Department
The US Department of the Treasury announced a $20 billion loan for Ukraine. It will be repaid from proceeds from frozen Russian assets, according to the press service of the US Treasury. US Secretary of the Treasury Janet Yellen stated that the $20 billion from the US will provide critical support for Ukraine.
US Sanctions Member of China's Cyber Hacker Army
Guan Tianfeng represented his employer, a state contractor, in hacking competitions, which analysts fear strengthen China's ...
Committee for a Responsible Federal Budget1d
Treasury: $624 Billion Deficit in First Two Months of Fiscal Year 2025
The United States borrowed $624 billion in the first two months of fiscal year 2025, including $367 billion in November, according to the latest ...
Biden Administration Looks to Reinforce U.S.-China Ties Ahead of Trump’s Return
Senior Treasury officials are holding a final round of talks with a new round of economic volatility on the horizon.
The No. 1 Reason Your Money Cares About Trump’s Pick for Head of Treasury
President-elect Donald Trump released a statement on Truth Social nominating hedge fund manager Scott Bessent as the ...
Texas Court Blocks Treasury From Enforcing Corporate Transparency Act, Impacting Tens Of Millions Of Businesses
A ruling out of the U.S. District Court for the Eastern District of Texas has blocked the Treasury from enforcing the ...
Treasury sanctions 35 vessels, entities for transporting Iranian oil
The Treasury announced the sanctioning of 35 entities and vessels on Tuesday that have shipped oil from Iran to foreign ...
US, China officials to hold economic talks ahead of Trump’s return and looming tariff war
WASHINGTON: Economic officials in outgoing US President Joe Biden's administration are set to meet their Chinese counterparts ...
Trump picks finance professor Faulkender for deputy Treasury secretary
U.S. President-elect Donald Trump on Wednesday nominated University of Maryland finance professor Michael Faulkender as ...
Treasury sanctions gold smuggling scheme participants in Zimbabwe
The Treasury Department announced on Monday that it sanctioned 28 individuals and businesses in connection with a complex ...
JD Supra9d
U.S. Treasury expands the scope of CFIUS investigative authority and updates civil monetary penalties
On November 26, 2024, the U.S. Department of the Treasury (“Treasury”) issued a new final rule (the “Final Rule”) expanding the Committee on ...
Treasury sanctions Chinese cybersecurity company, employee for 2020 firewall breach
The Treasury Department announced on Tuesday sanctions against cybersecurity company Sichuan Silence Information Technology ...