What happens when $2 trillion is sucked out of the global economy? It may not be pretty
Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again at the height of the coronavirus pandemic.
2023-05-19 23:50
Republican states to be hit hardest by proposed cuts in US debt ceiling fight
By Andy Sullivan LAKE CHARLES, La. (Reuters) -In Washington, Republican U.S. Representative Clay Higgins has been a vocal advocate for
2023-05-19 22:54
Vale Moves Ahead With $2.7 Billion Amazon Mining Expansion in Clean-Steel Bet
Vale SA is plowing ahead with a $2.7 billion investment to expand iron output in Brazil’s Amazon, betting
2023-05-19 21:47
Trafigura Says Accused Fraudster’s Wife No Innocent Bystander
Commodities trader Trafigura Group, which is investigating a $577 million nickel fraud, extended an asset freeze to the
2023-05-19 19:51
What are the sanctions on Russia and are they hurting its economy?
Western nations have imposed severe measures against Russia over its invasion of Ukraine.
2023-05-19 19:51
Hong Kong exchange to roll out new dual counter model in June
The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on
2023-05-19 17:45
This company wants to be the 'Booking.com for rocket launches'
Abu Dhabi startup Precious Payload is simplifying space travel. Its rocket-booking platform lists upcoming launches, helping researchers and entrepreneurs plan their space missions with the click of a button.
2023-05-19 15:53
Analysis-US debt ceiling deal could stall safety flight fueling megacap rally
By David Randall NEW YORK A potential deal to lift the U.S. debt ceiling could spur money managers
2023-05-19 13:27
Biden and G7 leaders prepare new Russia sanctions as Zelenskly expected to attend Japan summit
Ukraine's President Volodomyr Zelensky is planning to make a dramatic in-person appearance at this weekend's Group of Seven summit in Japan as he continues to appeal for military assistance amid Russia's invasion, according to an official familiar with the planning.
2023-05-19 12:24
Xi Says China Ready to Help Central Asia Boost Defense, Security
President Xi Jinping said China is ready to help Central Asian nations bolster their security and defense capabilities
2023-05-19 11:27
China overtakes Japan as world's top car exporter
The jump in China's exports was boosted by rising demand for electric vehicles and increased sales to Russia.
2023-05-19 10:53
Could a US debt default unleash global chaos?
The BBC examines four ways you could be affected if the US fails to reach a deal on its debt.
2023-05-19 07:19