Shanghai has announced another brief lockdown of almost everyone in the city over the weekend to perform mass testing as new COVID-19 cases are found. This has triggered a run…

Poland’s central bank is preparing more rate hikes as it continues to battle the highest inflation in almost a quarter of a century. So far it has failed to contain…

The Turkish Lira fell past 17 per dollar, a level not seen since last December. People rushed into foreign currencies following President Recep Tayyip Erdogan ruling out higher interest rates…

The yen continued to fall against the dollar Tuesday. It extended a twenty-year low that stretches back to April of 2002, as the gap widened between yields in Japan and…

As Russia’s war in Ukraine rages on, analysts are noting that given the windfall profits in energy that Russia is enjoying, sanctions are probably not the deterrent the West would…

Two Chinese investment banks have announced they will lay off 30% of their staff in Hong Kong this year. According to reports the layoffs will be focused on more than…

Beijing is allowing indoor dining on Monday, with two small exceptions for specific districts, as China completes its exit from stringent Covid lockdown measures and returns to normal. Restaurants and…

Inflation in Turkey his an annual 73.5% in May, data showed on Friday, climbing to its highest level since 1998 as President Recep Tayyip Erdogan continues to be dogged by…

At Elliot Management, Jay Newman became a legend when he led their successful campaign to get Argentina to pay $2.4 billion in defaulted debt. In the process, he even oversaw…

Inflation estimates from analysts hired by Argentina’s central bank rose for 2022, 7.5% over the previous month’s forecast to 72.6%, according to a monthly survey released Friday. Similarly, inflation for…