For the first time in nearly a decade, Washington is reportedly easing restrictions on Iranian oil exports, allowing Iran to sell oil in the open market and receive payments in U.S. dollars.

The move marks a significant shift in U.S. sanctions policy and could reshape global oil trade dynamics, energy prices, and geopolitical alignments in the Middle East.


U.S. Treasury Waives Iran Oil Sanctions

South Africa has slashed its inflation target to 3% for the first time in 25 years, marking a major shift in economic policy. Finance Minister Enoch Godongwana says the move will gradually lower inflation expectations and create space for future rate cuts. The Treasury and central bank will phase in the new band over two years, balancing reform with fiscal discipline. Markets reacted instantly, with the rand and long-dated bonds rallying after the announcement.

South Africa Cuts Inflation Target for First Time in 25 Years

U.S. Treasury Secretary Janet Yellen has reaffirmed unwavering support for Ukraine, labelling it a top priority for both the United States and Europe. She said this at a meeting with the eurozone finance ministers.

US Treasury secretary Janet Yellen 'committed' to Ukraine aid

Asia's stock market fell as Treasury yields and the US dollar increased, suggesting that investors have not yet completely adjusted their expectations for interest rates. Japan, Australia, and China's equity indexes all saw declines, while the Kospi Index reached a six-month low due to a drop in South Korean stocks.

Asia stocks fall as treasury yields, dollar higher

The United States will breach the debt ceiling as early as on June 1st. This may result in a dead default. This could happen if the US Congress fails to raise the debt ceiling. The US treasury has warned it could run short of cash to pay its bills by the month of June.

US to breach debt ceiling in June : Treasury

Seven members of the Russian-based cybercrime gang Trickbot have been sanctioned by the United States and the United Kingdom on Thursday, according to a statement from the Treasury Department.

US, UK sanction members of Russia-based Trickbot cybercrime gang for malicious activities

A court in Pakistan’s Islamabad city will announce its verdict on whether to indict former prime minister Imran Khan in the Toshakhana (gift depository) case on February 7.

Pakistani court to indict former PM Imran Khan in Toshakhana case on Feb 7

The US has reached its debt limit of $31.4 trillion and there is no majority in the House of Representatives to raise the limit. Treasury Secretary Janet Yellen said her department had begun taking "extraordinary measures" to protect the US from insolvency.

WION Dispatch: US Treasury adopts emergency measures after government reaches the debt ceiling

Sri Lanka’s energy minister Udaya Gammanpila has warned of daily power cuts up to 4 hours if the country fails to secure a “large loan” by March 2022. Sri Lanka has been facing a severe foreign exchange shortage with falling reserves.

Lanka’s energy minister warns of long power cuts if failed to secure loan by March 2022

British finance minister Rishi Sunak will unfreeze public sector pay when he presents his budget in two days' time, the finance ministry said on Monday. The fact he would do this was first reported by the Sun newspaper on Sunday.

UK's Sunak to unfreeze public sector wages, Treasury says

China and the United States agreed that bilateral economic relations are very important, state news agency Xinhua reported, citing a video conversation between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen on Wednesday.

Chinese vice premier holds talks with US treasury secretary

The US Treasury Department has offered to accept a global minimum corporate tax of at least 15% during international negotiations, a rate significantly below its proposed 21% minimum for US MNC's.

World Business Watch: US Treasury floats global corporate tax of at least 15%

US Treasury Secretary Janet Yellen said on Monday that she is working with G20 countries to agree on a global corporate minimum tax rate and pledged that restoring US multilateral leadership would strengthen the global economy and advance US interests.

Yellen pledges US international cooperation, calls for global minimum tax

Argentina's inflation rate is expected at 53 per cent in December 2019, but will fall back to 34 per cent the following year, according to projections in the forthcoming 2020 budget, treasury officials said on Wednesday.

Argentina inflation expected at 53% in December 2019: Treasury officials

Britain's finance minister Sajid Javid on Saturday he had a "fantastic" relationship with Boris Johnson after reports of a furious argument with the prime minister after the sacking of one of his aides.

UK finance minister Javid says he has fantastic relationship with PM Boris Johnson

Her Majesty's Treasury and the central bank have been planning a contingency scheme, says Mark Carney

Bank of England to supply 250 billion Pounds to help markets after Brexit vote

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