Bloomberg Business

Israel Shekel Drops on Netanyahu Judicial Push and Jenin Clashes

Israel’s currency weakened as Prime Minister Benjamin Netanyahu said his government would push ahead with a contentious plan to reshape the judicial system and after fighting between Israeli forces and Palestinians in the West Bank.

Five Key Charts to Watch in Global Commodities This Week

This week’s edition has a heavy focus on food, with rising beef costs weighing on the start of barbecue season in the Northern Hemisphere, ongoing tensions over the safe-grain corridor in the Black Sea and tightening supplies of rice — a staple in Asia — due to food security concerns and poor weather. Here are five notable charts to consider in global commodity markets.

Balance Sheets Are Deteriorating for European Firms, A&M Say

More than a quarter of firms in Europe and the Middle East have weak balance sheets, after companies loaded up on debt during the coronavirus pandemic and now face rising interest rates and soaring inflation, according to Alvarez & Marsal.

Nigeria Scraps Dollar-Deposit Cap as It Liberalizes Market

Nigeria’s central bank has taken another step to improve liquidity in the foreign-exchange market, removing restrictions on dollar deposits at local banks a week after devaluing the naira and allowing it to trade more freely.

Close Bitnami banner
Bitnami