Baku 18° C
US may mint $1 trillion platinum coin
Finance
- 07 October, 2021
- 06:16
Add Report.az to preferred Google sources
Stay up to date with the top news!
In the United States, $1 trillion worth of platinum coins may be minted and transferred to the Federal Reserve System immediately, Report informs via foreign media.
The issue was raised in the context of discussions in the US Congress on the debt limit.
"I'm opposed to it, and I don't believe we should consider it seriously," Treasury Secretary Janet Yellen told CNBC. "It's really a gimmick, and what's necessary is for Congress to show the world can count on America paying its debts."
Author
Latest News
13:48
Azerbaijan to purchase 600 apartments for martyr families, war veterans in 2027
Finance
13:38
Azerbaijan to allocate AZN 2.2 billion for allowances and pensions in 2027
Finance
13:25
Azerbaijan proposes six-year VAT exemption for agricultural machinery
Business
13:13
Erdogan to visit Azerbaijan for Victory Day celebrations
Foreign policy
13:08
Azerbaijan plans to introduce hourly wages, electronic salary payments
Business
13:03
Photo
Central Bank of Azerbaijan, Binance mull crypto regulation, tokenization
Finance
12:49
50% of income from sale of animals may be exempted from taxation in Azerbaijan
Business
12:48
UN official: Strengthening trust in state institutions extremely important
Foreign policy
12:35
Average pension in Azerbaijan to reach $376 in 2027
Finance