Bloomberg Business

Goldman Cuts Israeli Shekel Forecasts on Politics, Intervention

Strategists at Goldman Sachs Group Inc. have revised their forecasts to reflect a weaker shekel on renewed concerns that Prime Minister Benjamin Netanyahu’s judicial plan will increase pressure on the currency and the central bank won’t intervene to support it.

Early Pension Bonanza Is Hitting Zambia’s Finances at a Bad Time

Zambia’s decision to allow citizens to cash out part of their pensions early is having an unintended consequence: it’s hitting a key source of government financing as the squeeze from a long-delayed debt restructuring continues to tighten.

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