Trump criticizes Harley-Davidson decision – US warns allies to stop buying Iranian oil - China moving fast with electric vehicles
The Venezuelan economy is in freefall, crippled by a currency crisis that has seen inflation soar to farcical levels. The country’s populist government introduces measures on Monday aimed at halting the collapse.
Venezuela is in the middle of an economic meltdown, facing chronic inflation and an acute shortage of essential goods. The government wants to tackle the situation by raising fuel prices. But that could prove tricky.
One of three Chinese ratings agencies, Dagong Global Credit Rating, has been suspended from doing business in bond markets following an investigation that revealed "chaotic" management and false credit ratings.
It is in Germany's interest for Turkey to be "economically prosperous," said Chancellor Angela Merkel. But she warned this couldn't be at the expense of state interventions, as the Turkish lira continues to drop.
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