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US treasury
US TREASURY NEWS
US Mint presses final penny as production ends after more than 230 years
November 13, 2025 12:23 pm
When it was introduced in 1793, a penny could buy a biscuit, a candle or a piece of candy. Now most of them are cast aside to sit in jars or junk drawers, and each one costs nearly 4 cents to make.
Indian bonds follow US Treasury bills, yields rise to 6.85%
January 14, 2025 8:45 pm
The 10-year yield ended at 6.85 per cent, its highest since November, compared with its previous close of 6.77 per cent.
US sanctions fundraisers for extremist West Bank settlers who commit violence against Palestinians
April 19, 2024 10:27 pm
The Treasury Department announcement comes as the West Bank has seen some of its worst violence perpetrated by extremist settlers against Palestinians since the war in nearby Gaza began.
World’s biggest bank, China’s ICBC, hit by ransomware: 7 things you need to know
November 11, 2023 4:05 pm
What is ICBC? What are ransomware attacks? Who is behind this cyber attack? What has its impact been? How have authorities responded to the ongoing ransomware ‘crisis’?
In inversion of US treasury yields, a recession is foretold
December 27, 2022 7:28 am
A recession typically involves the overall output in an economy contracting for at least two consecutive quarters, along with job losses and reduction in overall demand.
Russia hit with new round of US sanctions as Biden decries 'major war crimes'
April 07, 2022 3:40 pm
The new sanctions hit Russia's Sberbank which holds one-third of Russia's total banking assets, and Alfabank, the country's fourth largest financial institution, US officials said.
US yields drift higher after Fed flags rate hike
January 27, 2022 7:53 am
🔴 The Fed, however, did not set a specific date for raising interest rates, although federal funds futures have fully priced in a quarter-point tightening for the Fed's March meeting, and another three hikes for 2022.
Why the US Treasury’s call for a global minimum tax is unfair to developing economies
April 19, 2021 9:02 am
The call for a minimum tax may be seen as US correcting for the slippages in its own tax laws and as a means to finance the $2 trillion spending programme.
US expels Russian diplomats imposes new round of sanctions
April 15, 2021 8:25 pm
A senior government official said the Biden administration would announce the sanctions and the expulsion of diplomats from the US as a result of a massive Russian hacking campaign, which violated vital federal agencies and for electoral interference.
US Treasury plans to borrow record USD 3 trillion
May 05, 2020 11:59 am
The borrowing estimate is USD 3,055 billion higher than what was announced in February this year, the US Treasury said.
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