International

Adani Continues to Reel From Damning Short-Seller Report

The blast radius from Hindenburg Research’s report alleging stock manipulation and money laundering at India’s most powerful conglomerate is expanding beyond the empire of Asia’s no-longer richest man and threatens the entire Indian economy, the world’s fifth largest. Amid an…

National Stock Exchange of India

UK Company Insolvencies Hit 13-Year High

Local companies in the United Kingdom are going from “Brexiting the European Union” to “exiting the economy.” While a strong earnings season has lifted much of the world to an unexpectedly bubbly headspace this week despite persistently uncertain economic times,…

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JD Sports Hack Highlights UK Cyber Security Concerns

Fancy a firewall, mate? Manchester-based retailer JD Sports is the latest victim in a string of cyber attacks on major UK entities this month. So far, hackers have descended upon retail, postal delivery, fast food, and news outlets. Of Many…

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The Philippines Finally Rebounds from Dreadfully Long COVID Policies

(Photo Credit: Fred Moon/Unsplash)

“I have returned,” a triumphant Gen. Douglas MacArthur proclaimed upon wading ashore in The Philippines toward the end of WWII in 1944. If only it could speak, the South Pacific nation’s economy would make a similar claim. The Philippines, which…

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Italian Gas Station Owners Strike

If you are going to pick on Italian gas station owners, just make sure you drive an EV. Gas station owners in Italy went on strike in protest against the government, which they say is scapegoating them for high gas…

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Brazil and Argentina are Preparing for a Common Currency

Two of South America’s biggest economies would like to change the conversation from their own dubious current events to one about currencies. After decades of maintaining respectful economic boundaries, next-door neighbors Brazil and Argentina are about to take their relationship…

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Bank of Japan Braces for Major Bond Policy Shakeup

The most consequential development in global monetary policy this week may be coming some 6,000 miles to the east of The World Economic Forum’s annual financial celebrity gabfest in Davos. This week, the Bank of Japan is holding a two-day…

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Emmanuel Macron Wants to Raise the French Retirement Age

Emmanuel Macron wants French workers to be more hardcore, if not quite Musk-level hardcore. On Tuesday, the French President committed le sin cardinale of demanding his citizens, you know, work a little more, when he presented a plan to gradually…

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Chinese Investors Seek Greener Pastures in Ireland

Wealthy Chinese are trading in Big Brother Xi and power suits for Leo Varadkar and Aran sweaters. Fearing an economic downturn and an increasingly oppressive government in their home country, Chinese investors are buying their way into Irish residency at…

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Denmark Had No Bank Robberies In 2022

When asked why he robbed banks, Willie Sutton famously quipped, “because that’s where the money is.” Well, Willie Sutton wasn’t from Copenhagen. Denmark recorded a grand total of zero bank robberies last year, according to data from industry group Finance…

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Turkey Bumps Up its Minimum Wage by 55%

The global laboratory of fiscal policy has had quite a year, but no nation is being more experimental than inflation-ravaged Turkey. On Thursday, long-serving President Recep Erdoğan announced the nation would be increasing its minimum wage by over 55% starting…

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