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

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