Colombia’s Leftist President Spooks Markets With Cabinet Shakeup
Colombian assets sank Tuesday after President Gustavo Petro spooked investors with his first cabinet shakeup since taking office eight months ago.
Bloomberg Business
NJ’s Murphy to Scrap Business Surcharge, Boost Home Rebates
New Jersey Governor Phil Murphy introduced a $53 billion budget Tuesday that includes $2 billion in rebates for homeowners and renters, a third straight full pension payment and an end to a tax surcharge on corporations including Amazon.com Inc. and Walmart Inc.
Fed’s Goolsbee Says It’s a Mistake to Rely Too Much on Market Reaction
Central bankers must augment what they learn from incoming data with clues gleaned from the real economy and avoid putting too much weight on financial markets, said Federal Reserve Bank of Chicago President Austan Goolsbee.
Quest for World’s Biggest Diamonds Gives De Beers a Headache
To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds.
Bankman-Fried’s Inner Circle Continues to Crumble With Singh Guilty Plea
Former FTX engineering chief Nishad Singh pleaded guilty to fraud as part of a cooperation deal with prosecutors, the third member of the collapsed cryptocurrency exchange’s inner circle to flip against co-founder Sam Bankman-Fried.
El Salvador Jailed 64,000 Gangsters in Crime Crackdown, Defense Minister Says
Bukele’s government has been using emergency powers for almost a year
DeSantis’s New Memoir Rips Liberals But Says Little About Himself — or Trump
Florida Governor Ron DeSantis’s memoir, “The Courage to Be Free,” illustrates his success transforming the Republican Party’s vision, from limiting government’s reach in American lives to expanding it so broadly that even school boards become political battlegrounds.
Iran’s Nuclear Inventory Surges Amid Enriched Uranium Probe
Global atomic monitors reported Iran’s stockpile of highly-enriched uranium swelled to a record in the last three months and that inspectors are still trying to clarify how uranium enriched to just below weapons-grade was produced at a nuclear facility.
Richest Atlanta District Inches Closer to Seceding From City
A move to create a new city out of the wealthiest and whitest areas in Atlanta got a little more traction this week, after being blocked by Georgia legislative leaders last year.
Canaccord Deal Battle Pits Ex-CIBC Bankers Against Each Other
Two executives spearheading a leveraged buyout of Canaccord Genuity Group Inc. have a problem: They can’t get the deal past a board member who had previously been a close colleague at one of Canada’s biggest banks.
