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abcnews.go.comThe U.S. Justice Department has asked a federal judge to dismiss a long-running criminal case against Turkiye Halk Bankasi, a Turkish state-owned lender. The request follows years of legal proceedings over sanctions violations.
Lyn Alden examines how shifts in global power structures may affect reserve assets. The article reviews historical monetary systems and evaluates gold, diversified fiat holdings, and Bitcoin as potential alternatives.
etftrends.comAuthorities announced sanctions against Huobi and several other entities. The measures target platforms accused of helping Russia bypass economic restrictions.
citizen.co.zaChina surpassed Japan to become the world’s second-largest creditor nation in 2025. Japan recorded a new high in overseas assets but still fell behind China in net creditor position.
stopfake.orgSanctioned individuals and entities from multiple countries are contacting a Washington lawyer to request removal from the U.S. Treasury blacklist. The lawyer has represented clients from Russia, Iran, and other nations in these matters.
retailtimes.co.ukOver 100 countries have launched instant payment systems since the COVID-19 pandemic. Efforts to link these systems are enabling more cross-border transactions to settle directly in local currencies.
financialpost.comU.S. Treasury Secretary Bessent called on European and Middle Eastern partners to tighten sanctions on Iran by targeting financiers and closing bank branches. The Treasury is also reviewing sanctions lists to address evasion tactics.
rte.ieG7 finance ministers urged improved monitoring of external imbalances through the IMF's surveillance system. The statement was issued during recent meetings focused on global economic coordination.
vancouversun.comIMF staff issued recommendations on financial services regulation in the United Kingdom. The guidance focuses on maintaining resilience while implementing regulatory updates.
sabcnews.comThe Africa Forward Summit opened in Kenya with calls to increase domestic savings use and attract more foreign investment. Speakers addressed demographic imbalances and debt restructuring needs across the continent.
France 24Finance ministers and central bankers from major economies are gathering in Paris. The meeting occurs as reports link inflation and market movements to developments involving Iran and a U.S. commuter rail labor dispute.
South China Morning PostFinancial Secretary Paul Chan Mo-po will travel to Europe for five days beginning Monday. He plans to discuss Hong Kong's efforts against terrorism financing and to promote the city to European businesses.
swissinfo.chThe International Monetary Fund’s executive board will meet next week to discuss Argentina’s latest program review. Approval could unlock a $1 billion disbursement. The meeting comes as part of the ongoing review of the country’s economic program with the IMF.
Pakistan completed its first sale of yuan-denominated notes in China's onshore market. The issuance represents the country's lowest-cost foreign-currency bond offering to date. The transaction occurred as Pakistan seeks to diversify its borrowing sources.
BloombergMarket Financial Solutions Ltd., a local UK firm, has collapsed, sending ripples through foreign credit markets. A German bank owned by U.S. investment firm Lone Star Funds is among lenders exposed to the firm. The development marks the latest case of a UK financial failure affec…
thehindu.comThe International Monetary Fund has reached a staff-level agreement with Honduras on the fourth and fifth reviews of its extended credit and fund facilities. Board approval is expected in late June 2026, which would release approximately $245 million. The agreement concludes the…
SemaforKenyan Foreign Minister Musalia Mudavadi told Reuters that policymakers at the two-day Africa Forward Summit in Nairobi will focus on rethinking how to price risk on the continent. The event includes the European Bank for Reconstruction and Development and the African Development…
Washington ExaminerThe U.S. dollar accounts for nearly 57 percent of foreign exchange reserves and the vast majority of international banking transactions recorded by SWIFT. Its status as the world's primary reserve currency has persisted for nearly a century, allowing the United States to finance…
CnbcThe United Arab Emirates and other economies have requested permanent swap lines with the Federal Reserve amid the Iran war. U.S. officials noted the requests in April. Swap lines allow central banks to exchange currencies to prevent global dollar shortages during emergencies.
Substrate placeholder — needs reviewThe head of South Korea's central bank will travel to Basel this week for meetings with other BIS member governors. Discussions will cover recent global economic and financial market developments. The trip marks the governor's first official overseas visit since taking office las…
Japan TimesTokyo plans to fast-track negotiations on a yen-denominated energy loan to help South Africa advance its energy transition goals. Foreign Minister Toshimitsu Motegi is visiting the country as Japan pushes its ammonia co-firing technology for coal-fired power plants. The initiativ…
upi.comUS Treasury Secretary Bessent is scheduled to hold separate meetings in Japan on Tuesday with the prime minister, the finance minister and the Bank of Japan governor. The engagements were reported by Nikkei. The talks come as the United States and Japan maintain close economic an…
crowdfundinsider.comThe US Dollar's share of international payments through SWIFT increased to a record 51.1% in March, up 1.9 points from the previous month, according to @KobeissiLetter. This marks a 13-point rise since 2022. The Euro accounts for about 21% of such payments.
pymnts.comThe Trump administration has frozen $344 million in cryptocurrency allegedly connected to Iran, according to a CNN report. The action was reported on April 24 and aligns with ongoing U.S. efforts to curb Iran's financial activities. No further details on the process or next steps…
Substrate placeholder — needs reviewThe chief of the UAE Central Bank proposed a currency swap arrangement to U.S. Treasury representatives during talks in Washington last week. The proposal aimed at enhancing financial cooperation, according to reports. No details on the outcomes of the discussions were provided.
redir.folha.com.brSeveral countries have implemented tax cuts and subsidies on energy to address high costs affecting households and businesses. These measures, taken in response to the war in the Middle East, have added to public debt levels. The International Monetary Fund has advised caution in…