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Inflation and recession dominate outlook, increase risk of accidents

Inflation and recession dominate outlook, increase risk of accidents

© Reuters. Figurines are seen in front of displayed stock graph and word “Inflation” in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration By Davide Barbuscia NEW YORK (Reuters) – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of ‘financial accidents’,…

Biden appoints first Native woman as U.S. Treasurer, with signature on money

Biden appoints first Native woman as U.S. Treasurer, with signature on money

© Reuters. FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo By David Lawder ROSEBUD, South Dakota (Reuters) – U.S. President Joe Biden on Tuesday announced his intention to appoint Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S. Treasurer, marking the first time a Native woman’s signature…

U.S. Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

U.S. Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

© Reuters. U.S. Treasury Secretary Janet Yellen testifies before a Senate Finance Commmittee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, U.S., June 7, 2022. REUTERS/Evelyn Hockstein By David Lawder ROSEBUD, South Dakota (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday the department’s new Office of Tribal and Native Affairs will…

Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

© Reuters. A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) – Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties on the repayment of some debts to ease short-term liquidity. Cryptocurrency valuations have…

Japan Finance Minister says to respond to FX moves appropriately if necessary

Japan Finance Minister says to respond to FX moves appropriately if necessary

© Reuters. FILE PHOTO: Japan’s new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about recent sharp yen weakening and would appropriately respond…