Yellen says Iran’s actions could cause global economic spillovers as White House vows new sanctions


by Reading Eagle

Reading Eagle— Treasury Secretary Janet Yellen is warning of potential global “economic spillovers” from rising tensions in the Middle East as the White House pledged to exact new sanctions against Iran. She spoke out against Iran's "malign and destabilizing activity” on Tuesday as global finance ministers and central bankers are gathering for meetings in Washington this week. The annual gathering of the International Monetary Fund and World Bank is taking place as other ongoing conflicts, including Russia’s...

The Foreign Desk—Yellen Says New Sanctions for Iran Regime are on the Way. U.S. Treasury Secretary Janet Yellen told reporters on Tuesday that Tehran will be facing new sanctions because of its Saturday attack on Israel. While speaking to reporters at an International Monetary Fund meeting in Washington, the secretary said that "I fully expect that we will take additional sanctions action against Iran in the coming days."

The Times of Israel—White House says it has ‘no comment’ on Israel’s attack in Iran overnight. The White House has no comment on reports of Israeli attacks in Iran overnight, White House spokesperson Karine Jean-Pierre says.

TheHill—White House to announce new sanctions on Iran following Israel airstrike. White House will be imposing new sanctions on Iran, targeting Tehran’s missile and drone program, following the country’s “unprecedented” air attack on Israel, White House national security advisor Jake Sullivan announced on Tuesday. The new sanctions, set to take into effect “in the coming days,” will penalize Tehran for its attack on Israel over the