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WASHINGTON (AP) — U.S. officials celebrated in early September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir Putin’s access to cash as he
Pushed by Treasury Secretary Janet Yellen, the price cap plan is testing the bounds of statecraft and capitalism.
WASHINGTON (AP) — U.S. officials celebrated in early September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir Putin’s access to cash as he wages war on Ukraine.
The Group of Seven, representing some of the world’s leading economies, is still figuring out how to execute a plan agreed on in September to pay only cut-rate prices for Russian oil — and the Dec. 5 deadline to marshal participants is fast approaching.
US officials celebrated in early September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir Putin's acce