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Yellen calls for ‘strong action’ to boost data integrity at IMF, World Bank

Yellen calls for ‘strong action’ to boost data integrity at IMF, World Bank

© Reuters. FILE PHOTO: Treasury Secretary Janet Yellen attends the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Al Drago/Pool via REUTERS By Andrea Shalal and David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday called for “strong action” by international financial institutions to protect data integrity and prevent…

Turkey’s Erdogan overhauls cenbank MPC, appoints two new members

Turkey’s Erdogan overhauls cenbank MPC, appoints two new members

© Reuters. FILE PHOTO: A logo of Turkey’s Central Bank (TCMB) is pictured at the entrance of the bank’s headquarters in Ankara, Turkey April 19, 2015. REUTERS/Umit Bektas///File Photo ISTANBUL (Reuters) – Turkey’s President Tayyip Erdogan dismissed central bank monetary policy committee (MPC) members Semih Tumen, Ugur Namik Kucuk and Abdullah Yavas on Thursday, appointing…

U.S. House votes for short-term debt ceiling fix, averting default

U.S. House votes for short-term debt ceiling fix, averting default

© Reuters. FILE PHOTO: An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner By Susan Cornwell and Richard Cowan WASHINGTON (Reuters) -The Democratic-controlled U.S. House of Representatives gave final approval on Tuesday to legislation temporarily raising the government’s borrowing limit to $28.9 trillion, pushing off the…

Yellen tells IMF’s Georgieva data-rigging probe raised ‘legitimate’ concerns-Treasury

Yellen tells IMF’s Georgieva data-rigging probe raised ‘legitimate’ concerns-Treasury

© Reuters. FILE PHOTO: Treasury Secretary Janet Yellen testifies during the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Sarah Silbiger/Pool via REUTERS WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen told International Monetary Fund Managing Director Kristalina Georgieva on Monday that a law firm’s report into World Bank data-rigging allegations against…