Tag : scott bessent

Argentina completes repayment under U.S. currency swap facility
Business

Argentina settles U.S. Treasury swap obligation in full

manamalive.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025,...
Trump pressures Fed to cut rates amid tariff fallout
News

Trump pressures Fed to cut rates amid tariff fallout

manamalive.com
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump's comments, made both online and...
Concerns mount over US commitment to IMF and World Bank
Business

Concerns mount over US commitment to IMF and World Bank

manamalive.com
Concerns over the United States' commitment to global financial institutions are intensifying following U.S. Treasury Secretary Scott Bessent’s absence at recent G20 meetings. His no-show has fueled speculation about a potential U.S. retreat from the...
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
Featured News

Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs

manamalive.com
U.S. stocks declined on Monday following President Donald Trump's announcement of new tariffs on China, Mexico, and Canada. However, major indices pared early losses mid-morning after Trump stated that tariffs against Mexico would be delayed...