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American capitalism isn't working for everyone - Marketplace
Marketplace· 1 day agoIn his latest book, “What Went Wrong with Capitalism,” author Ruchir Sharma, who is also the...
Fitch raises Cyprus' credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline
ABC News· 6 hours agoThe Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+. It cited the country’s heightened ability to withstand financial shocks, the government's ...
Guess Who’s Angry at China’s Real Estate Bailout: Homeowners
New York Times· 2 days agoChina has relaxed or eliminated measures on home buying to spur new purchases. This has made a vocal...
Exclusive-Vietnam expands massive bank rescue effort on deposit exodus, document shows By Reuters
Investing.com· 4 days agoThe massive bailout of Saigon Joint Stock Commercial Bank's (SCB) depositors has so far cost the...
Pakistan Inflation Slows to 11.8% in May, Lowest in 30 Months
US News & World Report· 5 days agoThe lowest reading comes a week before the central bank meets to review the key rate which has remained at a historic high of 22% for seven straight policy meetings. Pakistan has been beset ...
Wicked Kitchen sold, Danish Crown CEO change, Campbell aided by Sovos – Just Food’s week in data
Just Food via Yahoo Finance· 21 hours agoIn New Zealand, troubles mounted for dairy company Synlait Milk, which was forced into a debt ...
Sri Lanka Closes In on Debt Restructuring With Bilateral Lenders
Bloomberg via Yahoo News· 3 days ago(Bloomberg) -- Sri Lanka and a group of creditors are in advanced talks over a deal aimed at...
Egypt’s UAE Megadeal Sends Foreign Reserves Soaring to Record
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Egypt’s net foreign-exchange reserves climbed to an all-time high following a...
The world is bullish on the U.S. — but Americans shouldn’t get too comfortable
MarketWatch via Yahoo Finance· 7 days agoFord F and General Motors GM both enjoyed bailouts during the global financial crisis and receive...
EU’s wobbly budget rules can bolster shaky economy
Reuters· 5 days agoEurope’s new budget rules can work only if Brussels can stretch them. 11 countries including France, Italy and Belgium, posted 2023 deficits above 3% of...