Fighting for Russia against the New World Order.

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

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...
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Kazakhstan ends bank bailouts, writes off people's debts instead

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...
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