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International

David Lawder

Competition, chips, AI on table at first U.S.-EU trade and tech meet

9:59pm EDT

WASHINGTON The United States and the European Union hope to discuss chip shortages, artificial intelligence (AI) and tech competition issues during the first Trade and Tech Council (TTC) meeting this week, senior U.S. administration officials said on Monday.

U.S. Senators call for 'full accountability' in World Bank data controversy

9:46pm EDT

WASHINGTON The top Democrat and Republican on the U.S. Senate Foreign Relations Committee have urged President Joe Biden to "ensure full accountability" over a World Bank data-rigging controversy that has embroiled International Monetary Fund chief Kristalina Georgieva.

Competition, chips, AI on table at first U.S.-EU trade and tech meet

2:45pm EDT

WASHINGTON, Sept 27 The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week, senior U.S. administration officials said on Monday.

State, local govts disburse $2.3 billion in Aug. rental aid -Treasury

Sep 24 2021

WASHINGTON State and local governments disbursed over $2.3 billion in Emergency Rental Assistance Program funds in August, up from $1.7 billion in July, the U.S. Treasury said on Friday, well behind the pace needed to keep up with mounting evictions after a moratorium expired.

Ex-World Bank official defends Georgieva as magazine calls for her ouster at IMF

Sep 23 2021

WASHINGTON A former World Bank official who prepared reports at the center of a data-rigging scandal that aided China defended IMF chief Kristalina Georgieva on Thursday as the Economist magazine called for her to resign over her alleged role in the controversy.

U.S. Treasury's Yellen urges Irish finance minister to take global tax deal

Sep 22 2021

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged Paschal Donohoe, the finance minister of low-tax Ireland, to take a "once in a generation opportunity" for a global deal that would stop a race to the bottom on corporate tax rates, the Treasury said on Wednesday.

UPDATE 1-U.S. Treasury's Yellen urges Irish finance minister to take global tax deal

Sep 22 2021

WASHINGTON, Sept 22 U.S. Treasury Secretary Janet Yellen urged Paschal Donohoe, the finance minister of low-tax Ireland, to take a "once in a generation opportunity" for a global deal that would stop a race to the bottom on corporate tax rates, the Treasury said on Wednesday.

U.S. trade office says GM Mexico labor case concluded, tariff threat lifted

Sep 22 2021

WASHINGTON (Reuters) -A U.S. labor complaint under the U.S.-Mexico-Canada trade pact over a General Motors plant union vote in Mexico has been successfully concluded, lifting the threat of U.S. tariffs on the factory's pickup trucks, the U.S. Trade Representative's (USTR) office said on Wednesday.

Six ex-U.S.Treasury chiefs urge debt limit hike

Sep 22 2021

WASHINGTON (Reuters) -Six former U.S. Treasury secretaries urged congressional leaders to raise the federal debt limit without delay, saying that a default would cause "serious economic and national security harm" and that delay would also be detrimental.

U.S. Treasury's Yellen: Debt default would 'permanently' weaken America

Sep 19 2021

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen issued a fresh plea for Congress to raise the federal debt ceiling on Sunday, arguing a default on U.S. debt would trigger a historic financial crisis.

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