The Chairman of Chinese property giant Evergrande Hui Ka Yan has reportedly been placed under residential surveillance, which falls short of formal detention or arrest,
Ukraine has hit the Russian Black Sea Fleet Headquarters in Sevastopol in Crimea, which Russia annexed in 2014. The missile strike has caused an unknown
Turkish President Tayyip Erdogan met with Russian President Vladimir Putin over the weekend in Russia and is hopeful that the Black Sea Grain Initiative can
Protests in southern Syria over runaway inflation and poor economic conditions have entered a second-week and turned antigovernment with calls for the removal of Syrian
Chinese property giant Evergrande posted a $2 billion loss on Monday, about 80% of its value, after being traded for the first time in 17
In South Africa, leaders from the BRICS (Brazil, Russian, India, China, South Africa) bloc have gathered for the 15th summit, with Russian Foreign Minister Sergey
As projections show that China will likely miss their 5% growth target this year, there is growing concern that it could have a ripple effect
Evergrande, which in the past was China’s biggest property developer, has filed for bankruptcy in the U.S. after two years of financial decline. The company
The Biden Administration has given its approval for NATO members Denmark and the Netherlands to send F-16s to Ukraine as those countries phase the fighter
General Erik Kurilla, head of the U.S. Central Command, announced that the USS Bataan amphibious readiness group and the 26th Marine Expedition Unit are being
Overnight Russia struck the key Ukrainian port of Odesa less than a day after pulling out of the Black Sea Grain Initiative. Ukrainian southern military
Kremlin spokesman Dmitry Peskov has announced that Russia is withdrawing from the Black Sea Grain Initiative, brokered by the U.N. and Turkey, which allowed the
Russia has taken one stop closer to introducing its central bank digital currency (CBDC) as the lower chamber of the Federal Assembly of the Russian
On Friday Kitco reported that Brazil, Russia, India, China and South Africa (BRICS) are set to launch of a new gold-backed currency and are expected
The latest data compiled by the World Gold Council show that eight central banks added gold reserves in May with net purchases totaling 50 tons.
U.S. Treasury Secretary Janet Yellen will visit China this week for talks with senior Chinese officials as part of an effort of the Biden administration
Water levels of Germany’s Rhine River are at a 3-decade low and could spark a supply chain breakdown if the water falls too low for
While the flooding of the Dnipro River after the partial collapse of the Kakhovka dam puts more than 42,000 people at immediate risk for flooding,
Turkish President Recep Tayyip Erdogan announced that the Black Sea Grain Deal between Russia and Ukraine has been extended for two months. The agreement allows
Commodities analyst Charles Hart of Fitch Solutions says that global rice production this year will be at its lowest in almost two decades. Rice is
Managing director of the International Monetary Fund (IMF) Kristalina Georgieva warns against a widespread adoption of central bank digital currencies (CBDC) without considering potential risk
The U.S. House of Representatives passed a bipartisan bill unanimously, HR1107, “PRC is Not a Developing Country Act,” which would strip communist China’s international status
On Tuesday in an interview with CBS News, Mark Zandi, Moody’s Analytics Chief Economist, said “things are going to start to wobble and break and
Credit Suisse Additional Tier 1 (AT1) bondholders are exploring possible legal action following the state-backed rescue by UBS which wiped out AT1 bonds according to
On Monday shares of Credit Suisse fell 60 percent, a day after rival UBS acquired the troubled bank at a lowball price of 3 billion
Credit Suisse, Switzerland’s second biggest lender, announced it would borrow up to 50 billion Swiss francs, equivalent to $53.68 billion, from the Swiss National Bank
On Wednesday Credit Suisse lost nearly 25% of its value, plunging to a new record low. The Swiss bank’s largest investor, Saudi National Bank (SNB),
The collapse of Silicon Valley Bank (SVB) has resulted in problems for Chinese funds and tech start-ups that used the bank as a funding bridge
At the 2023 World Government Summit in Dubai, United Arab Emirates, Elon Musk spoke via video warning world leaders that one overriding authority is bad
Ukrainian President Volodymyr Zelenskyy announced he will continue partnership with BlackRock, the world’s largest investment management company, to rebuild war-torn Ukraine. He also announced Ukraine’s
Just days after former CEO Sam Bankman-Fried (SBF) of bankrupt FTX was released on a $250 million bond, activity was seen of outgoing funds transfers
Auditor Mazars has removed crypto exchange Binance proof-of-reserve audits from its website. This follows confirmation on December 7 by Mazars that Binance possessed control over
Projections from ratings agency S&P Global forecast India to surpass Japan and Germany as the world’s third-largest economy in the next decade. S&P Global analysts
Presidents Biden and Macron discussed multiple issues of common concern during a French state-visit, chiefly the ongoing war between Ukraine and Russia. Though Biden faces
The New York Times is hosting an event in New York City, The DealBook Summit, on November 30. The exclusive event costs $2,499 per attendee
FTX founder Sam Bankman-Fried was seen in the Bahamas on Saturday after the sudden collapse of his cryptocurrency empire, with up to $2 billion in
On Thursday the Bank of England warned the outlook for the economy is “very challenging” and raised interest rates to 3%, an increase not seen
Wheat prices in the U.S. have climbed to a two-week high after Russia announced that it was withdrawing from its July 2022 agreement to allow
The world’s second largest steel company, ArcelorMittal, has been forced to shut down two of the largest steel mills in Germany due to energy prices
The Russian ruble falls following President Vladimir Putin’s threats to use nuclear weapons and announcement of plans to call up 300,000 extra troops. Russia’s currency
Europe is facing another three to five years of gas shortages exacerbating the current energy crisis according to Ed Morse, Citigroup Inc’s global head of
The Chinese Government continues to use mass lock-down of cities under the country’s “zero-COVID” policy. The latest round of lock-downs includes Yiwu city in the
The first shipment of Ukrainian grain since the beginning of the Russia-Ukraine conflict cleared inspection in Istanbul on Wednesday bound for Lebanon. Turkish Trade Minister
At a peaceful protest in the Dutch city of Almelo on Monday, police used force on a group of farmers protesting over the removal of
Saudi Arabia announced its design behind The Line, a futuristic civilizational hub that is set to be developed as part of the country’s Vision 2030
In a report published by the World Economic Forum, the international lobbying group based in Switzerland is calling for a global transition away from private ownership
According to the U.S. Department of Agriculture, the latest cattle report shows the market has contracted to levels not seen in years, with total inventory dropping
Following a landmark deal between Ukraine and Russia to resume shipment of grain, the first ship left the Odesa port with destination to Turkey. It
On Friday, Russia and Ukraine reached an agreement as Turkey and the United Nations (UN) mediated to continue safe passage of grain and fertilizer as
Farmers in the Netherlands are protesting their government’s climate change plan by blocking highways and supermarkets with farm equipment and even spraying manure over government
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