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US Treasury official expected to be named IMF's second-in-command: source
US Treasury official expected to be named IMF's second-in-command: source
Economy
by  AFP

The US Treasury Department's chief of staff is anticipated to join the International Monetary Fund (IMF) in a key role as its number-two official, a source told AFP on Wednesday. Katz, who is chief of staff at the Treasury, was a senior official in the department during US President Donald Trump's first administration as well.

EU says India's Russia links jeopardise closer ties
EU says India's Russia links jeopardise closer ties
Economy
by  AFP

The European Union's top diplomat warned Wednesday that its push for closer ties with India could be hampered by New Delhi's purchases of Russian oil and involvement in military drills with Moscow. US-India ties have been strained since Trump raised tariffs on most Indian exports to 50 percent last month in retaliation for New Delhi's continued purchases of Russian oil.