Baku 34° C
US may mint $1 trillion platinum coin
Finance
- 07 October, 2021
- 06:16
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
17:56
Kasymaliev ordered to ensure uninterrupted supply of fuel and lubricants to Kyrgyzstan
Region17:50
Kazakhstan temporarily reduces oil production due to suspension of loading at CPC terminal
Region17:45
Zelenskyy offers Fedorov post of military innovation vice PM
Other countries17:35
Azerbaijan imports over 400,000 smartphones in January-May
Business17:14
Military helicopter crashes at Czech air base killing one
Other countries17:01
Georgian analyst: Germany-Azerbaijan ties elevate South Caucasus
Foreign policy16:47
Trump names conditions for approval of nuclear deal with Saudi Arabia
Other countries16:38
Photo
Azerbaijan, PowerChina explore solar, wind energy projects
Energy16:23