UN Sec Council moves to cut ISIS financing
Ministers to tighten sanctions, urge nations to make funding militants a criminal act
New York
FINANCE ministers from the UN Security Council on Thursday unanimously backed a resolution aimed at ramping up sanctions against the Islamic State (ISIS) and cutting off its revenue flows.
US Treasury Secretary Jacob Lew led the council's first-ever meeting of finance ministers, shoring up a major diplomatic push to end the war in Syria, where ISIS jihadists control a large swathe of territory and have installed their de facto capital.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’