Latest US Department of the Treasury News & Updates

Washington, May 19 (IANS) The resolution of the legal matter involving Adani Enterprises Ltd removes a major distraction from the growing India-US economic partnership, and could pave the way for fresh Indian investments in the United States, the US-India Strategic Partnership Forum (USISPF) said on Monday.“The US Department of Justice’s resolution in the case involving Adani Enterprise brings closure to the ongoing legal matter, which has been a distraction to the otherwise strong US-India ec…

Washington, March 7 (IANS) The United States unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilising trade through the Gulf region amid tensions linked to the conflict with Iran.The initiative was announced by the US International Development Finance Corporation (DFC) and the US Department of the Treasury following President Donald Trump’s approval of a detailed implementation strategy.DFC Chief Executive Officer Ben Black and Treasury Secretary Scott Bessen…

Caracas, Jan 3 (IANS) Venezuela, in its first official statement since loud explosions were heard in the capital Caracas, has strongly criticised the Donald Trump-led government of the United States, accusing it of carrying out what it described as “extremely serious military aggression”, according to local media reports.In a sharp statement condemning Washington, the Venezuelan government alleged that the attack appeared to be an attempt “to seize Venezuela’s strategic resources, particularly i…

Caracas, Jan 3 (IANS) Several large explosions were heard early Saturday in Caracas, the capital of Venezuela.The cause of the explosions is unclear, while videos circulating on social media show smoke columns.Partial disruptions to telecommunication services were reported in the capital city following sounds of explosions, reports Xinhua news agency.This comes as US President Donald Trump has, on several occasions, warned about the possibility of ground operations in Venezuela as part of his st…

Washington, Dec 31 (IANS) The US administration announced sanctions against 10 entities and individuals based in Iran and Venezuela, accusing Tehran of supplying conventional weapons to Caracas and threatening US interests across the Western Hemisphere including US homeland.In separate statements, the US Department of State and the US Department of the Treasury said a Venezuelan company targeted by the sanctions had been involved in the sale of millions of dollars’ worth of Iranian designed comb…