STOCKHOLM, Jan 25 (Reuters) – Swedish and Finnish hopes of early NATO membership have hit a snag in the form of objections from Turkey, which holds a veto over membership. military alliance. The three nations reached an agreement on how to proceed in Madrid last June, but Turkish President Tayyip Erdogan has said Sweden, in … Read more
China offers debt service relief in 2022, 2023 Sri Lankan sources unsure if China’s letter will be enough for IMF Broad IMF-China deal on Zambia could provide clues NEW DELHI/COLOMBO, Jan 24 (Reuters) – The Export-Import Bank of China has offered Sri Lanka a two-year debt moratorium and said it would support the country’s efforts … Read more
Jan 20 (Reuters) – Federal prosecutors seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, much of it in the form of Robinhood stock, according to a court filing on Friday. Bankman-Fried, who was accused of stealing billions of dollars from FTX clients to pay debts incurred by his crypto-focused hedge … Read more
Existing home sales fall 1.5% in December Sales fall 17.8% in 2022, the biggest annual drop since 2008 Median home price rises 2.3% from a year ago WASHINGTON, Jan 20 (Reuters) – U.S. existing home sales fell to their lowest level in 12 years in December, but falling mortgage rates prompted cautious optimism that the … Read more
Jan 20 (Reuters) – The loan unit of crypto firm Genesis filed for bankruptcy protection in the United States on Thursday, owing its creditors at least $3.4 billion after being knocked down by a rout of the market with FTX exchange and lender BlockFi. Genesis Global Capital, a leading crypto lender, froze client redemptions on … Read more
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