(Reuters) – Zimbabwe’s decision to suspend bank lending in a desperate bid to arrest the rapid devaluation of its currency will worsen the economic crisis and expose borrowers to predatory …
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By Gabriel Burin BUENOS AIRES – Brazil’s economy has entered a phase of stagnation that will persist next year as unrelenting inflation curtails consumer spending and policymakers struggle to find …
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U.S. SEC announces asset freeze against those allegedly behind nearly $450 million Ponzi scheme
by ReutersWASHINGTON – The U.S. Securities and Exchange Commission (SEC) on Friday announced charges and an asset freeze against several Las Vegas-area individuals and companies allegedly behind a nearly $450 million …
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BRUSSELS – The European Union has agreed to freeze the assets in the EU of the boss of Russia’s top lender Sberbank, Vladimir Putin’s two daughters and more oligarchs, according …
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BERLIN – A short-term freeze on energy imports from Russia resulting from its invasion of Ukraine is likely to cause a collapse in German gross domestic product similar to that …
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By Carolyn Cohn and Simon Jessop LONDON -Asset managers including France’s Amundi and BNP Paribas, Britain’s HSBC and Switzerland’s Pictet have frozen Russia-focused equity funds totalling over $3 billion in …
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HONG KONG – Shares of cash-strapped Chinese property developer Shimao Group eased on Thursday, after it sought to extend payments of a $947 million trust loan and reports said that …
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AMSTERDAM – The city of Amsterdam announced on Thursday a one-year freeze on the opening of new “dark stores” – small distribution centres in residential areas or nearby shopping streets …
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CORPUS CHRISTI, Texas – A 27-year-old Harlingen man has been ordered to prison for two separate smuggling attempts, announced Acting U.S. Attorney Jennifer B. Lowery. Eduardo Javier Jimenez pleaded guilty …