OPEC oil cuts bad for global economy, Treasury Secretary Janet Yellen tells Financial Times

U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially emerging markets, the Financial Times said on Sunday.

"We're very worried about developing countries and the problems they face," Yellen told the newspaper in an interview.

 We have been around for over 160 years. Deeply rooted in our communities, we are committed to providing people and the planet with the resources for a common future. "The pace of transferring money to Ukraine is far too slow," Yellen added, pointing out that some countries that had pledged assistance had not got round to disbursing it.

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