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Exclusive: A senior US Treasury official warns the UAE and Turkey against evading sanctions

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WASHINGTON (Reuters) – The U.S. Treasury Division’s prime sanctions official, throughout a visit to Turkey and the Center East subsequent week, will warn nations and firms that they might lose entry to G7 markets in the event that they do enterprise with entities topic to U.S. restrictions. Washington is cracking down on Russian makes an … Read more

US banks are preparing to cut profits and recession

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NEW YORK (Reuters) – U.S. banking giants are anticipated to report decrease fourth-quarter earnings this week as lenders hoard cash for wet days in preparation for an financial slowdown that may damage funding banking. 4 US banking giants – JPMorgan Chase & Co (JPM.N)Financial institution of America Corp (BAC.N)Citigroup Inc (CN) and Wells Fargo & … Read more