Alan Rappeport
Posts
World Bank Sees Rosier Growth Outlook
But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.
G7 Finance Ministers Aim to Use Russia’s Frozen Assets to Help Ukraine
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.
G7 Finance Ministers Close Ranks as Tensions with Russia and China Fester
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.
Yellen Warns Israel Against Cutting off Palestinian Banks
The Treasury secretary said that allies from the Group of 7 nations must work to stabilize the West Bank economy and increase Gaza aid.
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.
U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.
Political Furor Over U.S. Steel Bid Puts Cfius in Spotlight
Backlash over the deal has echoes of the 1980s when Nippon Steel tried and failed to buy another American metal company.
Giant Pandas Are Returning to San Diego, China Announces
“Panda diplomacy” has represented an area of cooperation between the United States and China despite tension over weighty issues of trade and national security.
U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.
Biden Tax Increases Won’t Hit Middle Class, Yellen Says
Republicans pressed the Treasury secretary on the fate of the Trump tax cuts that will expire in 2025.