Category : Search result: US Treasury Scott Bessent


US Withdraws from Green Climate Fund, Calls It 'Radical'

The United States, under the Trump administration, has withdrawn from the UN's Green Climate Fund, calling it a 'radical organisation.' Get the full details and implications of this major climate policy decision.

US Extends Venezuela Oil Sanctions Indefinitely

The US has indefinitely extended sanctions on Venezuela's oil sector, maintaining control over revenue. This move pressures Maduro to uphold electoral reforms. Details on the impact and global oil markets.

Gold Surpasses US Treasuries as Top Foreign Reserve

Gold reserves held by foreign governments, valued at $3.93 trillion, have surpassed holdings of US Treasuries. This historic shift is driven by explosive 66% price gains and aggressive central bank buying amid geopolitical uncertainty. Discover the implic

Global Shift Away from US Dollar Intensifies

Carmen Reinhart warns the US dollar's 'exorbitant privilege' is under threat as nations hedge bets. Rising deficits & trade uncertainty fuel a slow but steady diversification from dollar assets. Read analysis.

US Slaps New Sanctions on Venezuela's Oil Industry

The US reinstates sanctions on Venezuela's crucial oil and gas sector, targeting state-owned PDVSA. This move pressures Maduro's government to uphold its electoral commitments. Read the full analysis of the impact.

Rs 3.84 Lakh Crore Treasury Bill Auctions Announced for Q4 FY26

The Indian government has unveiled its borrowing calendar, scheduling weekly treasury bill auctions worth Rs 3.84 lakh crore for January-March 2026. This move aims to manage short-term liquidity and fund government expenditures efficiently.

Markets Retreat as Year-End Profit-Taking Kicks In

US stock indexes closed lower amid a broad sell-off, while gold prices retreated from all-time highs. Treasury yields eased as markets adjust Fed rate cut expectations for the coming year.

Bessent's High-Stakes Gamble on Next Fed Chair

US Treasury Secretary Scott Bessent's future hinges on Trump's Fed chair selection. His push for lower rates & White House coordination could backfire, risking his job. Read the full analysis.

Treasury Wine Jumps 7% After Billionaire Goudet Investment

Treasury Wine Estates shares soared after European billionaire Olivier Goudet acquired a 5% stake. The investment offers a major boost to the Penfolds owner, which is battling weak demand in the US and China. Read the full analysis.

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