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

WASHINGTON (Reuters) – The U.S. Treasury Division’s high sanctions official, throughout a visit to Turkey and the Center East subsequent week, will warn international locations and corporations 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 … Read more

US banks are preparing to cut profits and recession

NEW YORK (Reuters) – U.S. banking giants are anticipated to report decrease fourth-quarter income 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