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Russia, Scott Bessent and Fed
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia's oil sector.
Hosted on MSN
1h
Russia's war-driven economy on the brink of stagnation
The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...
2d
Russian Economy Time Bomb: Putin Warned of 'Seismically Disruptive' War Debt
About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment ...
Ukrinform
29m
FM: We see certain problems in Russian economy, we need to make them trends
Ukraine's Foreign Minister Andrii Sybiha has emphasized the need to strengthen sanctions to further weaken Russia's economy, ...
6d
on MSN
The US is tightening its grip on one of the key pillars of Russia's economy
Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
1d
on MSN
Savage double whammy for Putin as Russian war casualties near 1m amid economic chaos
Vladimir Putin’s war efforts have hit a humiliating low as some estimates reveal he has lost around 800,000 men in Ukraine ...
5h
Ukraine's economic growth to slow to 2.7% in 2025, says deputy economy minister
Ukraine's gross domestic product growth is expected to slow to 2.7% this year from probably around 3.6% in 2024, a deputy ...
4d
Russia’s war economy is a house of cards
The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so that senior members of the governing elite are publicly expressing concern.
10d
on MSN
Russian Ruble Nosedives as Economy Gives Putin Major Headache
The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...
1d
on MSN
US ramps up Russia sanctions, targeting Moscow’s business partners
The Treasury Department announced Wednesday that it is amping up its sanctions against companies and entities involved in ...
1d
Russia says it will help Vietnam become a ‘partner country’ in the BRICS bloc of developing nations
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...
Hosted on MSN
10m
Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillion
Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...
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Ukraine
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