Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’

Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sector

World - Financial Times - 4 hours ago

Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help

Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh Hasina

World - Financial Times - October 28

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Climate breakdown will hit global growth by a third, say central banks

New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...

World - The Guardian - November 8

Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say

Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.

Business - CNBC - October 28

Tycoon Drives India's Push Against China's Solar-Energy Dominance

Gautam Adani, the founder of one of India’s biggest business conglomerates, lies at the intersection of the country’s clean energy challenge to China.

World - The Wall Street Journal - November 8

Lawsuit Against Meta Over Section 230, Tech Shield Law, Is Dismissed

A professor sued pre-emptively to release software that would let users automatically unfollow everyone in their Facebook feed.

Tech - The New York Times - November 8

Trump’s victory sets up traps for central banks

The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off again

World - Financial Times - November 7

Schiff says he’s ‘not going to be intimidated’ by Trump

Senator-elect Adam Schiff (D-Calif.) said he is “not going to be intimidated” by President-elect Trump as concerns grow over if the next administration will go after Trump’s enemy list. “Look, I’m ...

Politics - The Hill - Yesterday

Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation

Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.

Business - CNBC - October 25

Switzerland is now flirting with deflation, causing a dilemma for its central bank

Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.

Business - CNBC - October 31

Lebanon's detained former central bank governor faces new corruption charge

A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrant

World - ABC News - October 31

Central banks need escape route from cycle of boom and bust

We should debate excessive policy easing and the neglect of credit and debt developments

World - Financial Times - November 1

Georgian president won't recognize parliamentary election result and calls for a protest

Georgia’s president says she doesn't recognize the results of this weekend’s parliamentary vote, which election officials say was won by the ruling party

World - ABC News - October 27

Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party

Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdict

World - Financial Times - October 30

Son of founder of modern Singapore says he is now a political refugee

Lee Hsien Yang, whose father Lee Kuan Yew founded modern Singapore, said Tuesday that he is now a political refugee under the U.N. Refugee Convention.

Son of Singapore’s First Prime Minister Says He Is Granted Asylum in the U.K.

Lee Hsien Yang accused his brother, a former prime minister, of persecuting him politically, inflaming the feud in Singapore’s first family.

World - The New York Times - October 23

Hong Kong leader warns Trump not to interfere after he says he would free Jimmy Lai

Hong Kong’s top leader on Tuesday warned President-elect Donald Trump not to interfere in the Chinese territory’s internal affairs after he said he would “100%” free the imprisoned pro-democracy ...

Groups denounce Spanish-language signs warning against noncitizen voting as an intimidation tool

Spanish-language signs in North Carolina warning of noncitizen voting even though it's illegal and extremely rare are a form of intimidating legally registered voters who happen to speak Spanish, ...

Politics - NBC News - October 25

Bangladesh tribunal tells investigators to finish probe against ousted premier Hasina by next month

A special tribunal in Bangladesh on Monday told investigators they have one month to complete their work on ousted former Prime Minister Sheikh Hasina and her close aides

World - ABC News - 20 hours ago

Trump says he’ll put ex-NFL player in charge of US missile shield

Former President Trump told supporters Sunday that he wants to put former NFL player and failed GOP Senate candidate Herschel Walker in charge of a new missile defense shield if elected. Walker, a ...

Politics - The Hill - November 4

Central Park Five members file defamation lawsuit against Trump

The lawsuit argues that Trump's statements are "demonstrably false," since the Central Park Five — all of whom are plaintiffs in the case — never pleaded guilty.

European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over

Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.

Business - CNBC - October 23

Inflation undershoots to jumbo cuts: What 10 European Central Bank members said this week

A slew of Governing Council members spoke to CNBC at the International Monetary Fund's annual meeting in Washington, D.C. this week.

Business - CNBC - October 25

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

World - ABC News - October 25

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - October 25

Czech central bank cuts key interest rate to 4% as inflation stays low

The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery

World - ABC News - November 7

US central bank lowers interest rates by quarter point as new Trump term looms

Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...

World - The Guardian - November 7

Georgia's election took place in a tense environment amid widespread intimidation, election monitoring officials say

World - ABC News - October 27

Teen with machete arrested after allegedly threatening Democratic supporters at Fl. polling site

Police arrested an 18-year-old wielding a machete with an 18-inch blade outside a polling station in Florida on Tuesday, who was part of a group of teenagers accused of intimidating Democratic ...

Politics - NBC News - October 30

Liz Cheney says Trump's 'intimidation' won't work, urges Republicans to vote Harris

Former GOP Rep. Liz Cheney, during an appearance on ABC's "The View," said Donald Trump's violent rhetoric toward her is a "threat to intimidate" that won't work.

German court rules against Deutsche Bank in Postbank acquisition lawsuit

Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.

Business - CNBC - October 23

Financing the Fight Against Global Warming Falls to Multilateral Banks

These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.

Business - Inc. - November 11

Son of Singapore founder says ‘campaign of persecution’ forced him to seek asylum in UK

Exclusive: Lee Hsien Yang says Singapore is no ‘paradise’ after fleeing authoritarian regime that his older brother inherited and still holds sway over through their revered father’s legacy. A ...

World - The Guardian - October 22

Lee Kuan Yew's youngest son says the UK has granted him asylum from persecution in Singapore

Lee Hsien Yang, the estranged brother of former Singapore Prime Minister Lee Hsien Loong, says he is now a “political refugee” after the British government granted him asylum from what he described ...

World - ABC News - October 22

Singapore's affluent veneer hides repression and corruption, says son of its modern-day founder

Former Singaporean Prime Minister Lee Kuan Yew's youngest son, who fled to Britain to seek asylum from what he describes as a campaign of persecution, says the city-state has become much more ...

World - ABC News - October 31

Latest in Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’