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Global economic outlook is getting ‘darker’, says IMF

The global economic outlook is even bleaker than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in surveys of purchasing managers in recent months.He blamed the bleak outlook on monetary policy tightening triggered by persistently...

Elon Musk to be tried for payment that made him the richest in the world

Tesla and its CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him the richest man in the world.The week-long trial in Delaware's chancellery court will adjudicate the 2018 pay plan that...

Collapse of cryptocurrency platform FTX investigated in the Bahamas

O collapse gives handbag in cryptocurrencygivess FTX is under the scrutiny of Bahamas investigators, who are checking to see if any "criminal conduct has taken place", the Royal Bahamas Police said Sunday.THE FTX entered with order in bankruptcy on...

Binance suspends FTX token deposits, says CEO

Cryptocurrency firm Binance has stopped accepting FTX token deposits from FTX on its platform, Chief Executive Changpeng Zhao said on Sunday, urging other rival exchanges to do the same.FTX, which filed for bankruptcy on Friday, was embroiled in more chaos on...

If Lula’s speech continues, interest rates should not decline in 2023, says expert

The chief strategist at Banco Voiter and professor at Insper, Roberto Dumas, said he believes that the interest rate should not decline in 2023 if the speech adopted by the president-elect, Luiz Inácio Lula da Silva (PT), continues.“You look at the...

We cannot have a fiscal rule to violate, says Paulo Teixeira about Spending Ceiling

Federal deputy Paulo Teixeira (PT), a member of the transition team of the president-elect, Luiz Inácio Lula da Silva (PT), told the CNN it is necessary to create a tax rule that is respected by the state and society.For Teixeira,...