Treasury Issues More Sanctions on Iranian Oil Exports
The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates.
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, with more officials open to the possibility of rate increases.
The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
After an overnight attack on a bank, Iranian officials signaled a new willingness to target economic centers and banks with ties to the United States.
Binance pledged to crack down on crime. But internal investigators at the world’s largest crypto exchange continued to find evidence of potential legal violations on the platform.
A blaze on Thursday at one of Egypt’s main telecommunications hubs was extinguished, days after a larger fire there killed four people and disrupted internet, transport and banking services.
A blaze on Thursday at one of Egypt’s main telecommunications hubs was extinguished, days after a larger fire there killed four people and disrupted internet, transport and banking services.
The bank-to-bank transfer using the SWIFT system was symbolically important, indicating the war-torn country was reintegrating into the global financial community.