According to reporting from Bloomberg, Germany’s envoy to Brussels urged the EU on Wednesday to ease its fiscal rules in order to allow for more defence expenditure to counter Russia. This would mark an important policy shift for a country known for financial restraint, and follows plans to change Germany’s own strict fiscal rules. Also … Read more
The US Federal Bureau of Investigation (FBI) is pointing the finger at TraderTraitor, a North Korean hacker group, as being behind the largest ever crypto heist in history. The group, also known as Lazarus, allegedly stole 400,000 Ethereum tokens from cryptocurrency exchange Bybit on Friday. Also in this edition: Donald Trump revokes Chevron’s permit allowing … Read more
US President Donald Trump says all imported steel and aluminum will be hit with a 25 percent tariff, with new reciprocal tariffs to be rolled out for all global trading partners that tax American imports. China’s retaliatory tariffs on American goods come into effect, and Nigeria faces the fallout from a lithium boom. Source link
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar. Source link
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service. Source link