Moderate Democrats push their party to do more to fight inflation
The recommendations from the New Democrat Coalition go beyond what the White House has been willing to embrace so far to combat inflation.
OECD slashes global growth prediction on Ukraine war and China’s zero-Covid policy
The Organization for Economic Cooperation and Development has become the latest international institution to cut its predictions for global growth this year.
Crypto poses a threat to the safety of global payment systems, fintech boss warns
Cryptocurrencies are a “threat to the safety of our payment schemes,” Anne Boden, CEO of U.K. digital bank Starling, warned Tuesday.
Stripe co-founder hits back at rivals accusing the company of unfair competition
John Collison, Stripe’s president, said he’s “pretty unapologetic” about decisions to launch similar features to rival fintech firms.
Why plant-based protein can be good for food security, according to Singapore’s Temasek
Around 80% of agricultural land is used for animals and, in some markets, 80% of grain is fed to livestock, said Steve Howard of Temasek.
European Central Bank poised to signal July rate hike as inflation jumps to fresh record high
The European Central Bank on Thursday is expected to confirm its intention to raise interest rates next month.
European Central Bank poised to signal July rate hike as inflation jumps to fresh record high
The European Central Bank on Thursday is expected to confirm its intention to raise interest rates next month.
Russia is weaponizing food supplies to ‘blackmail the world’
The attacks came amid denials by Russian President Vladimir Putin that the global food shortage was brought on by the Russia-Ukraine conflict.
Ukraine wants to join the European Union. But it is not going to be easy
The European Union could be about to throw its support behind Ukraine becoming its newest member, but the process will not be easy.
Credit Suisse issues profit warning for second quarter, citing Ukraine war and rate hikes
Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening squeeze its investment bank.