October 15, 2024/US SEC The Securities and Exchange Commission announced fraud charges against United Arab Emirates entity CLS Global FZC LLC, a self-proclaimed crypto asset market maker, and its employee Andrey Zhorzhes for engaging in a scheme to manipulate the market for “NexFundAI,” a crypto asset being offered and sold […]
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Global Public Debt Is Probably Worse Than it Looks
(Credit: IMF Photo/Tuane Fernandes) October 15, 2024/IMFBlog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi Global public debt is very high. It is expected to exceed $100 trillion, or about 93 percent of global gross domestic product by the end of this year and will approach 100 percent of GDP […]
Oil Prices Tumble as Demand Concerns Take Center Stage
October 15, 2024/Oilprice.com Tom Kool Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you […]
