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Business Live with Ian King: 'We can certainly afford two wars', says US Treasury Secretary
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October 16, 2023
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27:16Now PlayingWatch Business Live with Ian King as US Treasury Secretary, Janet Yellen has told Sky News the United States can "certainly" afford wars on two fronts, as the conflict between Israel and Hamas threatens stability in the Middle East and the US continues to support Ukraine's fight against Russia.
Talking exclusively to Sky's Wilfred Frost ahead of a meeting of finance ministers in Luxembourg, the US Treasury secretary said the economy and public finances were in good shape to ensure backing for US interests abroad.
She said it remained too early to understand the economic ramifications of the latest conflict, with oil and natural gas prices remaining volatile amid growing concerns of a wider war in the Middle East.
Plus, British billionaire Sir Jim Ratcliffe will buy a 25% stake of Manchester United football club.
And much more.
Live updates on the IsraelHamas war 👉
Latest business stories 👉
#SkyNews #Economy #Tax #CostofLiving #InterestRates #Business #Markets #UK #News #Israel #Hamas #Gaza #War #Economy #Technology #ManchesterUnited #ManUtd
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