US Treasury Department: News

29 May 2019

South Korea

US removes India from its currency monitoring list: Details here

The US has taken India off its currency watchlist of major trading partners on Wednesday after the country took certain steps to prevent foreign exchange irregularities.

07 Feb 2019

Donald Trump

Donald Trump nominates David Malpass for World Bank President

US President Donald Trump has nominated David Malpass, a vocal critic of the World Bank, to head the international financial institution, sparking concerns that he may seek to reduce the role of the global lender.

09 Oct 2018

Pakistan News

Pakistan: FATF team to examine steps taken against terror financing

A second team of the Financial Action Task Force (FATF) is in Pakistan to hold meetings with top officials to discuss the measures taken by the country to counter terror financing after it was added in the 'grey list' for providing monetary assistance to terrorists.

15 Apr 2018

India

India, China, four other countries in US' currency watchlist

The US has added India to a list of countries with potentially questionable foreign exchange policies, along with China and four other countries.

24 Feb 2018

North Korea

US imposes its largest package of sanctions on North Korea

Speaking at a conference with Australian Prime Minister Malcolm Turnbull, US President Donald Trump said that the US is imposing its largest package of sanctions on North Korea to pressurize the country into abandoning its nuclear missile programme.

US govt. shutdown: How services will get affected

Almost half of the two million civil federal government workers in the US have been placed on "furlough" and will be barred from doing their jobs from Monday owing to the US government shutdown.

13 Apr 2017

Donald Trump

Trump backtracks on campaign rhetoric, says NATO "no longer obsolete"

US President Donald Trump said during a joint press conference with NATO Secretary General Jens Stoltenberg that NATO is "no longer obsolete."