• <a fr-original-style="" href="https://www.ft.com/content/04229ecd-bc58-402b-97f2-a2ecc1a384c5" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">The move by OPEC+ to cut oil production</a> was “unhelpful and unwise” for the global economy, particularly emerging markets already struggling with high energy prices, US Treasury secretary Janet Yellen said, speaking ahead of the IMF and World Bank’s annual meetings in Washington this week.<img src="https://images.aposto.com/2022/9/0/1665339375011.jpeg" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.79" width="550" alt="Yellen" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via FT<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">A step back: The Biden administration has been critical of the decision by the oil cartel backed by Saudi Arabia and Russia last week, which took the step despite US pressure to keep global oil prices down.</li></ul>

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