China's Xi promises more open economy - Lufthansa cutting over 800 flights on Tuesday - Turkish lira falls to all-time lows
It has become increasingly common for Mexico City's taquerias to serve fake guacamole in their tacos. The guacamole no longer has any avocado. High demand, measly harvests and US and Mexican drug cartels are to blame.
75 years ago, the Bretton Woods conference laid the foundations for much of today's global economic order. But the system is facing a serious threat from growing nationalism and protectionism worldwide.
US lawmakers have grilled Facebook on its ambitious plan to create a financial ecosystem based on a digital currency called Libra. The project is viewed with skepticism in many countries, including Germany.
Christine Lagarde has stepped down as managing director of the International Monetary Fund, saying she now has more clarity on her nomination to be the next head of the European Central Bank.
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