The official has been accumulating wealth through patronage networks. The Department of the Treasury sanctioned an organization and an individual on Wednesday for supporting a patronage network connected…
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UN Climate Conference Will Address Climate Finance for Developing Nations
COP29 set to focus on renewed commitments to Global South. The United Nations Climate Change Conference (COP29) is set for November in Azerbaijan. Nearly 200 nations will discuss…
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Treasury Sanctions Sudan Leader for Weapons Acquisition
Officials state he was organizing weapons deals for armed forces. The Treasury Department sanctioned Sudan leader Mirghani Idris Suleiman last week, addressing his role in procuring weapons for…
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Treasury Sanctions Hezbollah Petroleum Gas Smuggling Network
Five companies and two vessels tied to Hezbollah finance team sanctioned. The Treasury Department announced that it has sanctioned ten entities tied to Hezbollah’s oil and gas smuggling…
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Treasury Places Additional Russian Sanctions
Over 300 individuals and entities related to the Russian military industry were targeted ahead of the G7 summit. Secretary of the Treasury Janet Yellen announced over 300 sanctions…
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Secretary Yellen To Meet with Chinese Counterpart
The financial leader seeks increased communication between the U.S. and China. Secretary of the Treasury Janet Yellen will meet with her Chinese counterpart, He Lifeng, at the World…
Read MoreTreasury Releases Multinational Tax Guidance Document
“Pillar Two“ provides details on global minimum tax for corporations. The Organisation for Economic Co-operation and Development (OECD), an international financial forum that participates in all G20 meetings,…
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Commerce Secretary Opens SelectUSA Summit Registration
Annual event promotes foreign direct investments in the U.S. U.S. Secretary of Commerce Gina Raimondo announced on Wednesday that registration for the annual SelectUSA Investment Summit is now…
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World Economists Expect Economic Volatility to Persist
Members of the Federal Reserve participate in an annual economic symposium. Economic leaders from around the world, including members of the U.S. Federal Reserve, participated in an annual…
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Treasury Secretary Convenes Global Finance Meeting
Recommits increasing infrastructure investments in developing countries. Secretary of the Treasury Janet Yellen brought together leaders of multilateral development banks (MDBs) last week to discuss how to increase…
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