Latest Janet Yellen News
The US is now allowed to seize Russian state assets. How would that work?
WASHINGTON (AP) — The big U.S. aid package for Ukraine and other allies that President Joe Biden signed Wednesday also allows the administration to seize Russian state assets located in the U.S. and use them for the benefit of Kyiv. That could mean another $5 billion in assistance...
Yellen says threats to democracy risk US economic growth, an indirect jab at Trump
WASHINGTON (AP) — Treasury Secretary Janet Yellen argues that a fractured democracy can have destructive effects on the economy — an indirect jab at Donald Trump. Yellen delivered an address Friday in Arizona, using economic data to paint a picture of how disregard for America's...
About 4 in 10 Americans see China as an enemy, a Pew report shows. That's a five-year high
WASHINGTON (AP) — About 4 in 10 Americans now label China as an enemy, up from a quarter two years ago and reaching the highest level in five years, according to an annual Pew Research Center survey released Wednesday. Half of Americans think of China as a competitor, and only 6%...
New US sanctions against Russia target weapons development, ban uranium imports for nuclear power
WASHINGTON (AP) — The United States on Wednesday imposed new sanctions on hundreds of companies and people tied to Russia's weapons development program, more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties, and individuals linked to the death of...
Aerial photos show wide devastation left by a deadly tornado in China's Guangzhou
BEIJING (AP) — Aerial photos posted by Chinese state media on Sunday showed wide devastation in part of the southern city of Guangzhou after a tornado swept through the day before, killing five people, injuring dozens others and damaging more than 140 buildings. As businesses and...
A tornado in southern China kills 5 people and damages factories in the metropolis of Guangzhou
BEIJING (AP) — A tornado struck the southern Chinese city of Guangzhou on Saturday, killing five people and damaging more than 140 factory buildings, state media said. The China Meteorological Administration said the tornado struck about 3 p.m. in the Baiyun district of Guangzhou,...
Blinken begins key China visit as tensions rise over new US foreign aid bill
SHANGHAI (AP) — U.S. Secretary of State Antony Blinken has begun a critical trip to China armed with a strengthened diplomatic hand following Senate approval of a foreign aid package that will provide billions of dollars in assistance to Ukraine, Israel and Taiwan as well as force TikTok’s...
As Blinken heads to China, these are the major divides he will try to bridge
WASHINGTON (AP) — Secretary of State Antony Blinken is starting three days of talks with senior Chinese officials in Shanghai and Beijing this week with U.S.-China ties at a critical point over numerous global disputes. The mere fact that Blinken is making the trip — shortly...
Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. The survey of U.S. companies said inconsistent and unclear policies and enforcement,...
Blinken will be the latest top US official to visit China in a bid to keep ties on an even keel
WASHINGTON (AP) — Secretary of State Antony Blinken will travel to China this coming week as Washington and Beijing try to keep ties on an even keel despite major differences on issues from the path to peace in the Middle East to the supply of synthetic opioids that have heightened fears over...
