Western lenders for long have not been put on the spotlight for debt relief because they successfully managed to dupe the world that it’s only Chinese lenders that pose a threat to Africa Beijing, China | Xinhua | Like many senior U.S. officials who have visited Africa, U.S. Treasury Secretary Janet …
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Washington, U.S. | Xinhua | The United States hit its debt limit on Thursday, prompting the Treasury Department to take “extraordinary measures” to continue financing the federal government. Treasury Secretary Janet Yellen announced in a letter to House Speaker Kevin McCarthy that her department would put the temporary brakes on new …
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Washington, U.S. | Xinhua | The administration of U.S. President Joe Biden slapped new sanctions on Russia on Friday, following Moscow’s formal recognition earlier in the day of four Ukrainian regions under Russian control since the early stage of the Russia-Ukraine conflict as Russian territory. Among the punitive measures announced by …
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Russia’s revenue from oil exports in June increased 40 percent from the average level last year despite Western sanctions Washington, U.S. | Xinhua | Finance ministers of the Group of Seven (G7) countries have agreed to impose a price cap on Russian oil, U.S. Treasury Secretary Janet Yellen said in a …
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The Independent Uganda: You get the Truth we Pay the Price