EconomyForex

OPEC oil cuts bad for global economy, says Yellen

1 Mins read
US Treasury Secretary Janet Yellen. — US FEDERAL RESERVE

US Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was “unhelpful and unwise” for the global economy, especially emerging markets, the Financial Times said on Sunday.

“We’re very worried about developing countries and the problems they face,” Ms. Yellen told the newspaper in an interview.

She also criticized allies for being slow to send financial aid to Ukraine.

“The pace of transferring money to Ukraine is far too slow,” Ms. Yellen added, pointing out that some countries that had pledged assistance had not got round to disbursing it. — Reuters

Related posts
EconomyForex

Groups flag P633 billion corruption risk in bicam-approved 2026 budget

2 Mins read
HANDOUT COURTESY OF OFFICE OF SEN. GATCHALIAN Multisectoral groups on Monday raised their recommendations on the P6.793-trillion national budget approved by the…
EconomyForex

US fighter jet, helicopter crash in South China Sea during routine drills

1 Mins read
US fighter jet, helicopter crash in South China Sea during routine drills – BusinessWorld Online                                    …
EconomyForex

Samsung Care+ Premium is the perfect addition to make household investments last

3 Mins read
Samsung ensures your TVs and appliances stay at their best with extended protection and proactive, expert care As premium devices become essentials…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *