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Peso Posts Worst Week in Four Years as Traders Rush For Exit
Bloomberg via Yahoo News· 2 days ago...wrapping up the worst week in four years as a surprise election outcome sent traders rushing to...
EM Traders Flock to Local Debt as Election Shocks Upend FX Bets
Bloomberg via Yahoo Finance· 6 hours ago(Bloomberg) -- Emerging-market investors are turning to local bonds and relative-value currency...
Saudi Central Bank joins mBridge for better cross-border payments
China Daily· 11 hours agoSaudi Arabia has joined mBrideg - a central bank digital currency (CBDC) initiative for international trade - as a full participant, which experts said may set the stage for ...
'New Containment' Strategy Is Doomed To Fail
Newsweek· 2 days agoIn recent years, the concept of "containment" has made a surprising comeback in U.S. foreign policy circles, with strategists proposing a "New...
Turkey imposes 40% tariff on vehicle imports from China
Gulf Business· 13 hours agoThe additional tariff by Turkey will be set at a minimum of $7,000 per vehicle, with effect from...
Bitcoin Rally and ‘Short Memories’ Reignite Everything in Crypto
Bloomberg via Yahoo Finance· 1 day ago...Is Running Out of Time to Achieve Breakthrough in UkraineRussia Is Sending Young Africans to Die...
Taiwan president vows to remember China's Tiananmen crackdown
AFP via Yahoo News· 5 days agoTaiwan's new President Lai Ching-te said Tuesday that the memory of Beijing's deadly crackdown at...
China’s economic model retains a dangerous allure
The Economist· 6 days agoTwenty years ago Joshua Cooper Ramo, a consultant, first wrote about the “Beijing consensus”. The Washington consensus of financial liberalisation, floating currencies and ...
Asia FX creeps lower, yen fragile with more rate cues on tap
StreetInsider· 2 days agoAsian currencies weakened on Tuesday, while the dollar firmed slightly as traders awaited more cues on U.S. interest rates from the Federal Reserve. Weakness in the Japanese yen persisted, with ...
De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback...
Business Insider via Yahoo Finance· 5 days agoThat's as the euro has come to serve as the world's second top reserve currency and offers high...