
Showing posts with label Bloomberg. Show all posts
Showing posts with label Bloomberg. Show all posts
Yuan Crashes After Trump Weighs Blocking Retirement Fund Access To Chinese Stocks As War Of Words Escalates
Russia TruthMay 01, 2020Bloomberg, China, COVID 19, Economics, Geng Shuang, Larry Kudlow, Marco Rubio, Trump, US, WorldatWar, Xi Jinping, Zero Hedge
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Having tumbled yesterday on the first set of headlines reporting on the Trump administration's plans to seek 'COVID reparations' amid accusations of Chinese 'meddling' in the US election (obviously not in
favor of Trump), the Chinese yuan legged dramatically lower in this
evening's illiquid session which sees most of Asia...
Kazakhstan ends bank bailouts, writes off people's debts instead
Russia TruthJune 27, 2019Asia, Bloomberg, Economics, Jon Hellevig, Kassym-Jomart Tokayev, Kazakhstan
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Jon Hellevig: "Instead of bailing out banks and oligarchs, Kazakhstan will write off
loans of the poor. This has been announced by new Kazakh president
Kassym-Jomart Tokayev. There’s an unexpected corner of the world from
where sound and fair financial policies emanate!
Doing this
President Tokayev is actually reviving...