Bonds on the Brink Reward EM Investors With Double-Digit Returns
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit
2023-07-09 20:23
German government wants ex-minister to foot $267 million bill for a failed highway toll plan
The German government is considering whether it can make former Transport Minister Andreas Scheuer foot at least part of the quarter-billion euro compensation it has to pay a private company over a failed plan to introduce highway tolls
2023-07-09 20:00
9 people shot in mass shooting in Cleveland, police say
At least nine people were wounded in a mass shooting in Cleveland early Sunday morning, according to police.
2023-07-09 19:50
Yellen Says Still Too Early to Rule Out Risk of US Recession
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Treasury Secretary
2023-07-09 19:25
Labour’s Reeves Pledges Investment Despite Perilous UK Finances
The UK opposition Labour Party faces the prospect of regaining power against a backdrop of record high debt,
2023-07-09 18:46
BOE’s Bailey Rejects Calls to Raise Inflation Target Above 2%
Bank of England Governor Andrew Bailey rejected the need for an inflation target higher than 2%, warning that
2023-07-09 16:52
ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-07-09 16:52
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
2023-07-09 15:18
One Country’s Covid Restrictions Are Turning Into a Moneyspinner
Most countries couldn’t wait to dismantle travel curbs that were used to contain the coronavirus. Azerbaijan is gaining
2023-07-09 14:59
South Korean lawmakers berate IAEA chief over Japanese plans to release treated Fukushima wastewater
South Korean opposition lawmakers sharply criticized the head of the United Nations’ nuclear watchdog for its approval of Japanese plans to release treated wastewater from the damaged Fukushima nuclear power plant during a tense meeting in Seoul on Sunday, with protesters screaming outside the door
2023-07-09 14:49
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
2023-07-09 14:22
Y2K fashion has taken over. And Gen Z is loving it
What comes to mind when you hear the phrase Y2K
2023-07-09 14:21