Bessent compares AI CEOs seeking regulation to Hannibal Lecter
Treasury Secretary Scott Bessent likened AI executives who call for government regulation to Hannibal Lecter, arguing their warnings amount to…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Russia’s Finance Ministry Begins Paying Wages in Digital Rubles
Russia's Ministry of Finance has begun paying wages to its own employees in digital rubles, with the first payments made…
Bessent calls AI executives’ doom warnings alarmist, rules out liability shield
US Treasury Secretary Scott Bessent has dismissed AI executives' warnings about existential risk as alarmist, telling them to fix their…
Turkey extends lower margin trading requirement to October 30
Turkey's Capital Markets Board has extended a reduced margin trading requirement for brokerages through October 30. The lower ratio was…
Ukraine to intensify strikes on Russian oil refineries after Moscow’s new airstrike doctrine
Ukraine will intensify strikes on Russian oil refineries after Moscow adopted a new doctrine of airstrikes on civilian infrastructure, President…
