Farmers’ rage grows throughout Europe over taxes, green rules, and cheaper imports.
In protest of increased taxes and growing expenses, farmers set off fireworks, ignited fires close to the European Parliament in Brussels, and flung eggs and
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
China’s Country Garden puts a $570m London residential building up for sale after defaulting on offshore payments.
Chinese real estate developer Country Garden is moving forward with asset sales both domestically and internationally following its offshore loan default by listing its 450
Nigeria restricts bank FX holdings as the naira hits a record low of 1,531 to the dollar on the official market.
Following a decline in the value of the local currency relative to the US dollar, Nigeria’s central bank placed restrictions on the amount of foreign
China has lost Teradyne’s $1b semiconductor manufacturing contract to U.S. export controls.
A Teradyne representative stated on Monday that the company, Teradyne, a provider of semiconductor testing equipment, withdrew manufacturing worth around $1 billion from China last
Nippon Steel to acquire U.S. Steel with $16b in loans to be funded by 3 megabanks in Japan.
Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group, and Mizuho Financial Group, plan to lend Nippon Steel a combined $16 billion for its planned acquisition
China Evergrande was forced into liquidation with over $300b in liabilities, compounding the housing crisis.
China Evergrande, the most indebted real estate developer in the world, was forced into liquidation by a Hong Kong court after an unsuccessful attempt to
The Nigerian naira fluctuated widely to hit a record low of N1,421 per US dollar on the official market. – FMDQ
As the currency fluctuated significantly to overshoot the unofficial parallel market rate, Nigeria’s naira fell to a new low against the dollar on Friday on
The COVID-era employee retention tax credit program was 95% fraud, and Congress is anxious to shut it down.
During a recent private meeting between senators and IRS Commissioner Danny Werfel, the chairman of the Senate Finance Committee requested his opinion on an astonishing
China to pay 1.2% royalties and spend $7b on infrastructure in exchange for ownership of Congo mines.
Chinese construction companies said on Saturday that they have reached a deal over their Sicomines copper and cobalt joint venture in the Democratic Republic of
The private credit market has reached $2 trillion as banks are reluctant to make high-risk loans.
The asset management subsidiary of Morgan Stanley collects money from big investors to lend to businesses, to double its private credit portfolio to $50 billion
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