Yellen’s schedule of events will begin on Feb. 23, where she plans to give a speech about the state of the economy as the U.S. and its allies assist Ukraine in defending itself against the invasion, according to the Treasury Department. She will also talk about bolstering public digital infrastructure and reforming the multilateral development banks, including the International Monetary Fund and World Bank, to make their investment requirements more climate-focused.
A senior Treasury official who spoke on the condition of anonymity to preview the secretary’s travel plans said Yellen also intends to ask member countries to reduce emissions and will raise funds for climate finance projects to invest in developing countries’ infrastructure, agriculture and renewable sources of energy.
Yellen visited Lusaka, Zambia’s capital city that’s visibly dominated by Chinese financing, in January, in part to discuss the country’s massive debt to China. Zambia became the site of Africa’s first coronavirus pandemic-era sovereign nation to default when it failed to make a $42.5 million bond payment in November 2020. Negotiations over how to deal with the debt load have been ongoing.
What's she doing about inflation and the deficit?
She can’t do Zoom?!
Keep your filthy legs in usa. You're not welcomed here.
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Bron: MarketWatch - 🏆 3. / 97 Lees verder »