Visa’s China breakthrough opens new front in the global payments rivalry
Visa’s long-awaited approval to establish a domestic bank card clearing business in mainland China marks a significant step towards…
Read MoreChina rejects currency manipulation claims as EU trade tensions deepen
Beijing argues yuan depreciation is not behind its export strength as Brussels presses for a more balanced trading relationship China’s…
Read MoreEU debt puts pressure on next seven-year budget
The European Union faces a growing financing squeeze over its next seven-year budget as rising debt repayments compete with demands for…
Read MoreIran’s economic survival strategy faces its hardest test
Iran is beginning to fight an economic battle on a different front. After years of living under sanctions, Tehran has developed mechanisms…
Read MoreCenbanks turn hawkish again as energy shock revives inflation fears
TLE Desk: The world economy is entering a new phase of monetary uncertainty as major central banks turn more cautious about cutting…
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