International

China Weighs Reviving Jack Ma’s Ant IPO as Crackdown Eases

Chinese financial regulators have started early stage discussions on a potential revival of Ant Group Co.’s IPO,

International

India, Second-Largest Wheat Producer, Bans Exports amid Food Supply Concerns

India, the second-largest producer of wheat, has banned exports of the commodity, due to a risk to its food security.

International

Germany Will Support Russian Oil Embargo After Significantly Reducing Dependence: Report

According to Fox, Germany will support the European embargo of Russian oil, marking another significant turnaround in the nation’s position on the Russia-Ukraine conflict.

International

China Q1 2022 GDP: five things to watch

China’s economic outlook was already challenging at the beginning of the year, as the effects of President Xi Jinping’s crackdown on property and other high-growth industries rippled through the world’s second-largest economy.

International

What Victor Orban’s Election Victory Means for EU Politics and Markets

Orban, a self-styled illiberal democrat, is most apparently an incumbent again winning by a wide margin.

International

Millions in China’s Northeast Placed under COVID-19 Lockdown

China has imposed stay-at-home orders on millions more people in the country’s northeast, as it tries to tackle its biggest coronavirus outbreak in two years.

International

CBR Tackles Geopolitically Motivated Ruble Depreciation, Boosts Key Rate to 20 Percent

Russia’s central bank, CBR, has more than doubled its key interest rate from 9.5% to 20% as its currency

International

Spot Rotterdam Gas Prices Soared to Over €1400/Thousand Cubic Meters Instantaneously. What’s Next?

Gas prices are soaring globally, largely because of the resurgence of demand for fossil fuels after the Covid-19 pandemic and lockdowns, depleted storage and the difficulty of ramping up supply after the disruptions of the past two years.

International

El Salvador To Grant Citizenship to Foreign Investors Including Bitcoin Injectors

El Salvador President Nayib Bukele on Sunday said he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country as well as other initiatives to reduce government hurdles in order to attract investment projects.

International

Germany’s International Fiscal Standing Keeps Worsening

Germany’s trade surplus shrank for the fifth year in a row in 2021 to €6.8 billion in December from €15.1 billion in the same period last year and €10.9 billion in November, as a global supply crunch hampered exports, including in its key auto sector.

International

Cost of living: New Zealand inflation tops three-decade high

The current inflation spiral has no limits and borders.

International

China’s PBOC Surprised by Countering Western Central Banks while Cutting Interest Rates

China lowered a key interest rate for the first time since the peak of the pandemic in 2020 as a property-market slump and repeated virus outbreaks dampened the nation’s growth outlook. Bonds rallied.

International

Turkey’s Lira Finished Worst Year in Two Decades under Erdogan

Turkey’s lira – by far the worst performer in emerging markets in 2021, as well as in the last few years – shed 44% of its value against the dollar over the year and 19% in the last week alone.

International

Inflation Continues to Beat Forecast in Great Britain, but BoE Has Hundred Reasons Not to Hike Immediately

According to the British ONS, UK inflation hit a decade high of 5.1% in November.