The Latest Breaking News from US Treasury

Nations are being forced to go it alone in erecting defenses against the relentless strength of the almighty greenback, with no sign that governments are willing to act in concert.

The United States on Thursday imposed sanctions on Iran's morality police accusing it of abuse and violence against Iranian women and of violating the rights of peaceful Iranian protesters, the US Treasury said. It held the morality police responsible for the death of Mahsa Amini, 22, who died in custody…

Washington (AFP) - The "enormous scale" of Chinese lending to developing nations makes it critical Beijing do more to participate in restructurings to avoid a new international debt crisis, a senior US Treasury official said Tuesday.

Saudi Arabia increased its holdings of US Treasury bonds in July for the second month in a row, achieving the highest level since September 2021. Monthly US Treasury data indicated that the Kingdom’s holdings of bonds increased by about $121.6 billion at the end of July, the highest level recorded…

Russia's central bank on Friday pledged to keep expanding the number of countries that accept its Mir bank cards after new U.S. sanctions targeting people and entities accused of helping Moscow skirt financial sanctions.

Washington (AFP) - The US Treasury placed top Russian finance officials, a neo-Nazi fighter group, and a children's rights official who allegedly directs the removal of Ukrainian children to Russia on its sanctions blacklist Thursday.

Johnny Morrissey was handcuffed, alongside his wife Nicola, at dawn before being led away by a crack team of Spanish investigators.

The US Treasury imposed new sanctions on the Iranian Revolutionary Guards Corps (IRGC) for their role in malicious cyber acts. The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned ten individuals and two entities for their roles in conducting malicious cyber acts, including ransomware activity. The Treasury…

Washington (AFP) - The US Department of Justice announced an indictment Wednesday against three Iranian hackers who used ransomware to extort a battered women's shelter and a power company.

Investors who are seeking the highest — but safest — yields possible eventually compare real estate investment trusts (REITs) with bonds. This is especially true for retirees who want to make the most of their retirement funds. They want the highest yields possible, but they don’t want to risk their…

The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow's ability to fund its invasion of Ukraine, a plan analysts say could work in the long term but might boost oil prices in coming months.