Lebanese Depositors Have Resorted to Force to Withdraw Their Savings
Amid severe limits on withdrawals and a yearslong financial crisis, Lebanese depositors are resorting to force to demand their own money, earning the moniker “the world’s most honorable bank robbers.”Read More
Trump and DeSantis Collide for First Time in Iowa, as Fortunes Diverge
A contest once viewed as a two-man race between Donald J. Trump and Ron DeSantis has settled into a new dynamic: Mr. Trump versus everyone else.Read More
Biden Presses Ahead With Effort to Broker Israeli-Saudi Deal
The president sent Jake Sullivan, his national security adviser, on the latest diplomatic mission seeking to forge ties between Saudi Arabia and Israel.Read More
In Odesa, Attacks Stoke Hatred of Russia
President Vladimir V. Putin of Russia views Odesa as a culturally important part of his nation. But many in the Ukrainian city reject the connection and view the country that has been attacking it with loathing.Read More
UK Government Accelerates Development of Emerging Tech With £50million Fund
The UK Government has put $50million towards the Research Ventures Catalyst fund. Based on partnerships with private and philanthropic investors, the fund is set to unlock tens of millions of GBP and drive new discoveries across the health, tech and science sectors. The brightest minds in the UK will explore new means of working through […]
U.S. Hunts Chinese Malware That Could Disrupt American Military Operations
American intelligence officials believe the malware could give China the power to disrupt or slow American deployments or resupply operations, including during a Chinese move against Taiwan.Read More
BlackRock Clashes With Hedge-Fund Giant Over Control
Boaz Weinstein’s Saba Capital has been buying up shares in three closed-end funds.Read More
Republic of Palau and Ripple Collaborate on Palau Stablecoin
The Republic of Palau and Ripple have launched a limited stablecoin pilot as the next phase of their collaboration. This initiative aims to explore potential use cases as well as drive financial innovation in Palau. Ripple will issue the US dollar-backed Palau Stablecoin (PSC) on the XRP Ledger (XRPL), known for its secure and private […]
How Bond Funds Have Fared During the Fed’s Rate Hikes
Passive bond funds have beaten active managers since the U.S. central bank started tightening interest rates.Read More
ServiceNow Goes for AI Bonus Round
The cloud software provider has kept sales growth strong, setting up a big AI upsell.Read More