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The Latest Breaking News from Eswar Prasad

2024 will be Asia’s time to shine–but a series of pivotal elections could change everything

Taiwan, Indonesia, India: Here are the key Asian elections to watch in 2024.

Fortune

A fragile global economy is at stake as US and China seek to cool tensions at APEC summit

The United States and China are the two global economic heavyweights

The Independent UK

China's Gen Z graduates fear they have 'blank paper' diplomas as youth unemployment hits a record 20% and the economy chokes on anemic growth

Millions of fresh college graduates and early career professionals in China face daunting prospects amid a cooling economy.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Ron DeSantis proposed a bill to ban CBDCs. A trade policy professor calls that 'a little ludicrous'

With his eyes on the 2024 presidential election, the Florida governor's proposal "is largely a political gesture."

Fortune

Near 'cliff's edge,' Credit Suisse not seen as systemic risk

Longtime troubles at Credit Suisse have come to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe

The Independent UK

FTX made a cryptocurrency that brought in millions. Then it brought down the company

The now-bankrupt cryptocurrency exchange FTX made real money off of its own digital currency, called FTT. That currency is practically worthless now, but investors continue to trade it.

WEKU

Inflation Keeps U.S. From Stepping In to Slow Dollar's Rapid Rise

U.S. policy makers aren't likely to take action to slow the dollar's rapid rise despite rising risks of global financial turmoil, analysts say, largely because a strong greenback helps fight domestic inflation.

Bangkok Post

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Ethereum Crypto Overhaul Targets Environmental Impact

The world's second biggest cryptocurrency after bitcoin, Ethereum, will soon overhaul its blockchain technology to curb the network's much-criticized environmental impact. Ethereum, whose digital unit ether tumbled in a crypto crash earlier this year, will in September undergo a major technical revolution, AFP said. So what is the backdrop for…

Asharq Al-Awsat

Ethereum crypto overhaul targets environmental impact

London (AFP) - The world's second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain technology to curb the network's much-criticised environmental impact.

AFP

Why cryptocurrencies have gone from the next hot thing to a full-on meltdown

Bitcoin and other cryptocurrencies are plunging. Here's what to know about a market that just a few months ago was being touted as the future of finance.

WEKU

Financial warfare: will there be a backlash against the dollar?

The sanctions freezing Russia’s foreign currency reserves have created an incentive for countries to bypass the US currency

Financial Times

EXPLAINER: What would paying for natural gas in rubles mean?

Russia is demanding payment in rubles for its natural gas exports to Europe

The Independent UK

EXPLAINER: What would paying for natural gas in rubles mean?

Russia is demanding payment in rubles for its natural gas exports to Europe

The Independent UK

Putin wants 'unfriendly countries' to pay rubles for gas

President Vladimir Putin announced that Russia will demand that “unfriendly″ countries pay for Russian natural gas exports only in rubles from now on

The Independent UK

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