US Treasury

U.S. expands its Crimea sanctions blacklist

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) added one company and eight individuals to its blacklist of sanctions over Crimea’s reunification with Russia. OFAC blacklisted Grand Service …

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Russia raises its holdings of U.S. Treasuries

Russia raised investment in U.S. treasury bonds by $826 million to $9.327 billion in August, according to the data of the U.S. Department of the Treasury. Of the total, $6.259 billion are long-term bonds and $3.068 billion are …

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U.S. national debt rises to astronomical level

The U.S. national debt for the first time ever crossed the $22 trillion mark, Treasury Department data revealed, noting that the latest figure represents a jump of more than $30 billion from where the balance stood at the beginning of …

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Russia's investment in U.S. Treasuries declines again

Russia reduced investment in the U.S. treasury bonds by $1.815 billion on the month to $12.814 billion in November, the U.S. Department of the Treasury said. Since last year, Russia has slashed around 85% of its U.S. Treasury holdings, …

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U.S. lifts sanctions from Rusal, En+, EuroSibEnergo

The U.S. Department of Treasury lifted sanctions imposed earlier on Rusal, En+ and EuroSibEnergo, it said yesterday in a statement. "The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today lifted …

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U.S. starts lifting anti-Russian sanctions

The U.S. Department of the Treasury is set to remove Russian companies Rusal, En+ and Eurosibenergo (ESE) from its sanctions blacklist, U.S. Treasury Secretary Steven Mnuchin said in a statement. "En+, …

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 SWIFT cuts off Iran's Central Bank

SWIFT cut-off Iranian financial institutions, including the Iranian central bank, targeted by the U.S. sanctions, Deputy Secretary of the U.S. Treasury Sigal Mandelker said. The U.S. Treasury official stressed that …

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Turkey liquidating U.S. treasuries

Turkey dropped off the U.S. government’s list of major owners of Treasury debt, according to a Treasury Department report released Wednesday.  Turkey’s holdings of bonds, bills and notes have fallen 42% in the first …

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US expands sanctions on Iran

The six individuals and three entities, including front companies for the Islamic Revolutionary Guard Corps (IRGC) Quds Force and currency traders, were sanctioned under U.S. regulations targeting specially designated global terrorist suspects …

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Will US Treasury drop Rusal sanctions?

The U.S. Treasury said it would provide sanctions relief to Rusal if Oleg Deripaska relinquished control, according to statement. It also extended the deadline for companies to wind down dealings with the Russian aluminum …

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