Bundesbank President Criticizes US for Selling Euros to Support Japanese Yen
It was later revealed that the US used euros instead of dollars, marking an unprecedented departure from established practice.
China demands guarantees for its rights after US firm secures 100‑year Venezuelan oil deal
China is demanding guarantees for its rights after a U.S.
Bessent Told Russian Finance Minister Siluanov: US Will Not Make Economic Concessions Until War Ends
The United States currently holds the rotating presidency of the G20.
Trump: Rejecting data centers will leave communities ‘backward and poor’
President Donald Trump defends data center development ahead of the November midterms, warning that rejecting them would leave communities backward and poor, while facing growing bipartisan opposition.
Belgium firmly refuses to transfer frozen Russian assets to Ukraine
Belgium’s Defense Minister Theo Francken says transferring frozen Russian assets to Ukraine is ‘not up for discussion.’
US Treasury Secretary Bessent: Unstable yen may raise US rates
US Treasury Secretary Scott Bessent warned that volatile yen movements could push US interest rates higher, detailing a rare yen‑buying intervention and Japan’s $96.4 billion support effort.
Russia has destroyed about 90% of Ukraine’s modern warehouses — agriculture minister
“There is no threat of famine,” the minister added.
US nears deal to secure long-term access to Venezuela’s oil reserves — Reuters
This was reported by Reuters on August 27 by sources familiar with the negotiations.
Federal Reserve Chair Warsh warned: inflation is not moving fast enough toward the 2% target
Fed Chair Kevin Warsh warned that inflation is not slowing enough, reaffirmed the 2% target, and emphasized discipline over decisions as markets react to policy outlook.
Japan spent record $96 billion on interventions to support the yen
This became the largest monthly currency intervention in history, according to Japan’s Ministry of Finance on Friday.