Wednesday, April 6, 2022

U.S. Treasury Secretary Yellen Says Russia's Invasion Will Have ‘Enormous Global Repercussions’

 

FOX News: Yellen warns of 'enormous' economic repercussions from Ukraine invasion 

Yellen warns of major economic consequences from Russian war as US prepares new sanctions Treasury Secretary Janet Yellen on Wednesday warned of major consequences for the global economy as a result of the Russian-Ukraine war, including severe disruptions to the global flow of food and energy. 

"Russia’s actions represent an unacceptable affront to the rules-based, global order, and will have enormous economic repercussions in Ukraine and beyond," Yellen said in prepared remarks during her annual testimony before the House Financial Services Committee.  

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WNU editor: Stating the obvious .... Yellen says full ban on Russian oil exports likely to cause 'skyrocketing' prices (Reuters). 

U.S. Treasury Secretary Yellen Says Russia's Invasion Will Have ‘Enormous Global Repercussions’  

Yellen: Russia invasion will have ‘enormous repercussions’ -- AP  

Yellen warns that war in Ukraine will have ‘enormous’ global economic impact -- CNBC  

Janet Yellen warns of 'enormous' economic repercussions from war in Ukraine -- CNN

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