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Guzman · Buenos AiresArgentina's economy minister resigns unexpectedly. The move comes after a week of economic turmoil. Inflation is running at an annual rate of more than 60% and economists expect the rate to keep worsening.See the Story
Argentina economy minister, IMF deal architect, quits as government crisis builds
38% Left coverage: 48 sources
Business · SingaporeVauld, a Singapore-headquartered crypto lending startup, has suspended withdrawals, trading and deposits on its eponymous platform with immediate effect. The announcement follows Vauld cutting its workforce by 30% two weeks ago.See the Story
Singapore-based crypto lender Vauld suspends withdrawals
64% Center coverage: 14 sources
Europe · LondonForeign Ministers Annalena Baerbock and Simon Coveney write in the Observer. They say there is "no legal or political justification" for a new law to ditch post-Brexit trade rules. The comments come after the British legislation last week cleared the first hurdle in the U.K.See the Story
Germany, Ireland slam U.K. move toward overriding Brexit deal
67% Center coverage: 21 sources
Latest News Stories
US & Canada · Delaware County10-year-old Nylah Anderson died in December while attempting a social media challenge. Her family is suing TikTok, claiming that she saw the challenge on the app. TikTok says the deadly challenge "long predates our platform and has never been a TikTok trend."See the Story
Pennsylvania family files lawsuit against TikTok after attorney says girl died trying social media challenge
47% Left coverage: 15 sources
BusinessApple is testing iPhones that use the industry-standard USB-C port, according to a new report. Since 2012, Apple's smartphones have used the company's proprietary Lightning connector. Consumers, reviewers, and even government regulators have called for Apple to drop Lightning in recent years.See the Story
Apple Reportedly Testing iPhones With USB-C Instead of Lightning Port
66% Center coverage: 6 sources
Jeff Bezos · WashingtonBillionaires — including Mark Zuckerberg, Jeff Bezos and Elon Musk — took a financial hit in the first half of 2022, losing a total of $1.4 trillion, Bloomberg reported. Zuckerberg, whose total net worth is about $60 billion, according to the Bloomberg Billionaire Index, had begun the year with more than $100 billion, the news outlet noted. See the Story
Bezos, Musk and other billionaires lose combined $1.4T in first half of 2022
34% Center coverage: 12 sources
BusinessChinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday. Shimao cited "market uncertainties over debt refinancing" and "challenging operating and funding conditions" The developer has not received notice of acceleration of repayment from its lenders, it said.See the Story
Chinese property developer Shimao misses repayment on $1 billion bond
57% Center coverage: 7 sources
BusinessNomura: A number of major economies will enter a recession within the next 12 months. In addition to the US, economists believe the eurozone, UK, Japan, South Korea, Australia and Canada will face contraction. The odd one out is China, as the economy picks up again after lifted COVID-19 restrictions.See the Story
Expect a 'procession of recessions' across many of the world's major economies within the next year, Nomura says
67% Right coverage: 3 sources
Business · IranRussian exports to China surged to a record in May, with the OPEC+ producer overtaking its cartel ally Saudi Arabia as the top supplier. Iran has cut its oil prices to remain competitive in the Chinese market, but it's still maintaining robust flows. West Africa has been one of the hardest hit, particularly supplies from Angola, Gabon and the Democratic Republic of Congo.See the Story
Business Maverick: Iran slashes the cost of its oil to compete with Russia in China
34% Center coverage: 3 sources
Business · Ukraine(Bloomberg) -- Ukrainian troops have withdrawn from the eastern Ukrainian city of Lysychansk, the last urban holdout under Kyiv’s control in the embattled Luhansk region as Vladimir Putin’s troops come closer to their goal of capturing the province.Continue Reading. Read more on Business News by BloombergQuint.See the Story
Ukraine Loses Its Final Eastern Stronghold In Luhansk Region
Coverage: 2 sources
NATOAmbassador Nicholas Burns made the "request" in response to a question at a government-backed forum. Burns reiterated President Joe Biden’s call for Beijing to avoid helping Moscow carry out the war. China has said it doesn’t support the war and urged talks to end the fighting.See the Story
US ambassador urges China to stop spreading Russian ‘lies’
Coverage: 2 sources
