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MYSTERIOUS: 5 - You Need To See This

Trump Admin To Further Escalate Economic Pressure On Iran: 'Financial Violence If We Have To'

"We are showing people that we know who you are, you know who you are, and this has got to stop," Scott Bessent said.

International Business Times

U.S.-Iran Hostilities Resume. Trump Again Threatens To Target Key Island For Tehran's Oil Exports.

U.S. forces said they struck Iranian rocket launchers on Larak Island on Sunday, while Tehran launched missiles at U.S. bases in Jordan.

International Business Times

G20 finance chiefs gather in North Carolina with Iran sanctions and tariffs in focus

Finance ministers and central bank governors from the world's largest economies meet in Asheville, North Carolina, on Monday and Tuesday, hosted by a US administration that is simultaneously pressing allies to help isolate Iran financially and imposing tariffs on several of them.

Euronews

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US treasury excludes several reporters from covering G20 finance meet

The US Treasury Department has excluded journalists from several major news organisations, including The New York Times, Bloomberg News and The Wall Street Journal, from covering the G20 finance ministers' meeting in Asheville, North Carolina.

The Times of India

US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strength

U.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic growth is boosting the country’s fiscal health. In defense of the Treasury's increased bond buyback initiative, Bessent pointed to larger international interventions as a valid reason for this approach. The expanded…

The Economic Times

Global Market: European central bankers leave Jackson Hole uneasy over US policy shifts

European central bankers left the Jackson Hole symposium concerned that recent US Treasury interventions could strain long-standing norms of global financial cooperation. Unannounced yen intervention, Treasury bond buybacks and uncertainty over Fed dollar swap lines have raised concerns about Washington’s growing role in global financial markets.

The Economic Times

Bessent heads to the G20 to rally allies on Iran as tariffs strain ties

U.S. Treasury Secretary Scott Bessent wants to rally the world's largest economies this week

The Independent UK

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Iran-US war latest: Trump vows to ‘hit Iran hard’ after two sides exchange fresh strikes

Trump vowed retaliation for Iranian strikes on US military bases in Jordan

The Independent UK

Scott Bessent urges G20 to push China to curb exports, boost domestic demand

US Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and press Beijing to rebalance its economy. The current flood of exports from China is deemed unsustainable by the US official. Bessent believes other countries must incentivize China to…

The Economic Times

US plans to sanction another bank in effort to clamp down on Iran transactions: Scott Bessent

US Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies efforts to economically isolate Iran. His warning came ahead of G20 meetings where he plans to seek cooperation, including from China, Iran’s biggest trading partner and oil buyer, on sanctions.

The Economic Times

Middle East live: Iran says continuing war ‘not in our interest’ after fighting flares

Iranian President Masoud Pezeshkian said Monday that continuing the war with the United States was not in his country's interest, following a fresh military flare-up between the two countries after a month-long lull. Follow our live blog for the latest updates.

France 24

US Treasury bars certain journalists from G20 meeting in North Carolina

The US Treasury Department denied credentials to reporters from The New York Times, The Wall Street Journal and Bloomberg for a G20 finance meeting in North Carolina, the latest restriction on media access under US President Donald Trump. Treasury Secretary Scott Bessent said the decision was unrelated to journalists’ viewpoints.

France 24

US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

Treasury Secretary Scott Bessent says the Trump administration plans to impose sanctions on another bank this week in effort to clamp down on Iran transactions

The Independent UK

US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil

US Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in North Carolina. The talks come amid tariff tensions, high energy prices and growing concerns over US debt, which recently crossed $40 trillion.

The Economic Times

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The Guardian - UK

Trump’s ‘economic D-day’ against Iran risks driving the stakes even higher

As with its approach to Hormuz, the US has mistaken applying pressure for an actual strategy. But Tehran has chips of its own to play, says Sina Toossi of the Center for International Policy

Fortune

New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests

"Digital assets and gold are how ordinary Iranians protect their savings from inflation."

The Guardian - US

‘Inept, incompetent, craven’: Scott Bessent struggles to clean up the president’s mess

There’s little optimism about treasury secretary’s ability to handle Trump’s tariffs, Iran sanctions and colossal US debt

The Economic Times

Iran's president Masoud Pezeshkian admits sanctions impacting economy

Iran's President Masoud Pezeshkian acknowledged sanctions impact the nation's economy. He stated that Iran is in a war situation and must accept wartime conditions. US Treasury Secretary Scott Bessent outlined plans for Iran's economic asphyxiation. Pezeshkian mentioned a significant fall in Iran's exports and imports. He suggested increasing the price…

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The Independent UK

US targets Egyptian bank's UAE branches under new push for Iran's economic isolation

The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership

International Business Times

Iranian Oil Exports Plunged Over 80% In August As U.S. Blockade Persists, Data Shows

Tehran loaded some 260,000 barrels per day so far this month, compared to 1.7 million in the same month of last year.

International Business Times

Iran Says Returning To Diplomacy With The U.S. 'Isn't Impossible.' Trump Says He's Not Interested.

"We ‌don't want to speak to them. We're not looking to meet or anything," Trump said.

International Business Times UK

Elon Musk Reportedly Gave a Tequila-Fuelled White House Goodbye That Nobody Recognised in the Beginning

An upcoming memoir claims Elon Musk marked his unrecognised goodbye to Trump's White House with a Tesla tequila toast before a bitter public breakup and quiet truce.

The Economic Times

Japan's finance minister, BOJ chief to attend G20 gathering next week

Japan's finance minister and central bank governor will attend the upcoming G20 meeting. Policymakers will discuss the global economic fallout and the persistently weak yen. Financial markets are watching for potential meetings with U.S. Treasury Secretary Scott Bessent. The yen has shown some recovery after joint intervention but remains under…

The Economic Times

Has the S&P 500 really doubled since 2023? Chris Wood says it is down 21% in gold terms

Jefferies’ Christopher Wood highlights a sharp divergence in market returns: while the S&P 500 has doubled in dollar terms since early 2023, it has fallen 21% relative to gold. He warns that efforts to suppress US bond yields could weaken the dollar, boosting alternative assets such as gold and Bitcoin.

The Economic Times

20 economies, 2 days and Trump’s G20 agenda — including Iran ties

The US Treasury plans to address global trade imbalances and boost economic growth. Secretary Bessent will urge major economies to cut remaining ties with Iran. He will also discuss sovereign debt and US borrowing costs with counterparts. Washington seeks international compliance with its Iran sanctions campaign. This meeting aims to…

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