The Man Charged With Steering the Yuan Through China’s Economic Turmoil
Pan Gongsheng has experience in high-stakes tasks, but China’s fragile economy raises new risks. Source link
money
Inflation Drags Eurozone Economy Into Recession
High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. Source link
What Is Happening With Binance?
The SEC sued the largest crypto exchange and its controlling shareholder, saying they enriched themselves at investors’ expense. A look...
Britain’s pound is beating every other major currency this year | CNN Business
London CNN — The British pound crashed to a record low last fall as investors rebelled against budget plans by...
Fed and other central banks try to head off crisis by keeping dollars flowing | CNN Business
London CNN — The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to...
A quake of unthinkable proportions is due in Istanbul. Residents ask if the city is prepared | CNN
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look...
Circle’s USDC Stablecoin Breaks Peg With $3.3 Billion Stuck at Silicon Valley Bank
MarketsCurrenciesCryptocurrencySpooked investors cashed out over $2 billion worth of USD Coin, knocking the dollar-pegged token below 87 cents Source link
Turkey’s earthquake caused $34 billion in damage. It could cost Erdogan the election | CNN
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look...
Isolated Iran finds ally China reluctant to extend it a lifeline | CNN
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
Blackouts and soaring prices: Pakistan’s economy is on the brink | CNN Business
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next...
Australia’s new $5 note won’t feature King Charles | CNN Business
Brisbane CNN — Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design that...
We finally know whom FTX owes money to: Wall Street elite, Big Tech, airlines, and many more | CNN Business
New York CNN — Newly unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-mighty...
Argentina and Brazil are discussing a common currency. Don’t hold your breath | CNN Business
London CNN — The two biggest economies in South America are starting talks to create a common currency. Analysts are...
Israel’s democracy on the brink amid supreme court showdown with Netanyahu | CNN
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
FTX founder says there was a security incident at parents’ home | CNN Business
CNN — Attorneys for disgraced FTX founder Sam Bankman-Fried urged the judge in his fraud case to keep the names...
Why Egypt is asking its people to eat chicken feet | CNN Business
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
China’s exports plunge as global demand weakens, but trade with Russia hits record high | CNN Business
Hong Kong CNN — China reported a record trade surplus for 2022, as its key export sector delivered robust growth...
Wall Street’s biggest winners and losers in 2022 | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
5 key takeaways from Xi’s trip to Saudi Arabia | CNN
Editor’s Note: A version of this story appears in CNN’s Meanwhile in today’s Middle East newsletter, a three-times-a-week look inside...
When China and Saudi Arabia meet, nothing matters more than oil | CNN Business
Hong Kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in...
