Janet Yellen

U.S. Poised to Force Russian Debt Default

The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.

GLASGOW, SCOTLAND - NOVEMBER 03: US Treasury Secretary Janet Yellen takes part in a CNN television interview in the Action Zone at COP26 on November 03, 2021 in Glasgow, Scotland. Day Four of COP26 is billed as Finance Day at the 2021 climate summit in Glasgow. Global political and Business …

Yellen: No Need to Replace IMF Director over China Data-Rigging Scandal

Treasury Secretary Janet Yellen conceded on Monday that “legitimate issues and concerns” have been raised by a report that found World Bank data was rigged to make China looked better, but added she saw no reason to replace International Monetary Fund (IMF) Managing Director Kristalina Georgieva for her alleged role in the scandal.

The IMF says it will reach a decision on the fate of Managing Director Kristalina Georgieva 'very soon'