Protesters in France Clash With Police Over Water Reservoirs
Thousands protested in western France on Saturday against the construction of large water reservoirs destined for the agriculture industry, leading to violent clashes with police.
Bloomberg Business
Mexico Top Court Halts AMLO Electoral Reform After Challenge
Mexico’s Supreme Court accepted a challenge from the country’s Electoral Institute INE against the electoral reform passed by President Andres Manuel Lopez Obrador’s supporters in congress, temporarily suspending its application while it assesses its constitutionality.
US Mulls More Support for Banks While Giving First Republic Time
US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation.
Iraq Wins Key Kurdish Oil Arbitration Case Against Turkey
Iraq’s oil ministry welcomed an arbitration ruling in its long-running dispute with Turkey centered on crude oil exports from the semi-autonomous Kurdish region and said it would discuss “mechanisms” to keep oil flowing.
Work From Home Endures, Defying Pushback From Bosses Like Dimon
The shift to remote work is gaining momentum in some of America’s largest metro areas, despite increasing pressure from corporate chiefs for employees to return to the office, according to new data from an international team of economists.
Solar Storm That Caused Dazzling Auroral Display Could Linger
A brilliant display of northern lights touched off by a massive geomagnetic storm was visible to a wide swath of the world Friday, and the aurora could linger through Saturday in many places if the weather is clear.
Billionaire Chris Rokos De-Risks Hedge Fund After Losses
Chris Rokos has reduced risk in his macro hedge fund in response to double-digit losses this month, which could become his second-worst since the start of the money pool.
Coinbase, Do Kwon, Lindsay Lohan Are All Ensnared by Widening Crypto Dragnet
Last year’s crypto-market meltdown triggered a series of bankruptcies that almost completely reshaped the digital-asset industry. This year, government watchdogs appear to be arriving on the scene to finish the job.
The Flight to Safety Is About the Next Recession, Not Banks
Fears of tightening financial conditions leading to a recession are driving traders to rethink their risk exposure and seek out safety in the stock market.
