Yellen says energy difficulties could push Europe into recession

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Yellen says energy difficulties could push Europe into recession

<p>US Treasury Secretary Yellen, wide ranging comments. </p><ul><li>
She and Biden will push for actions at G20 summit to support
debt-burdened developing countries</li><li>Says US Will impose
new sanctions on trans-national network procuring technology for
n military industrial complex</li><li>Sanctions on n
military technology will designate 14 individual, 28 entities</li><li>US Treasury
responsible for implementing tax rules on US Clean energy subsidies,
will try to address concerns of France, other countries</li><li>Widely expected that
China's economy will slow over time</li><li>Hoping that as
result of biden-xi meeting, US and China will engage more intensively
on economic issues</li><li>Europe energy
difficulties could precipitate a recession</li><li>Says she and le
Maire reaffirmed their commitment to n oil price cap, will
determine price level in coming weeks</li><li>the price cap is a benefit to China, India, and other buyers of n oil</li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Yellen says energy difficulties could push Europe into recession

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