Iran Sentences Belgian Aid Worker to 40 Years for Spying
Iran sentenced a Belgian aid worker to 40 years in prison and 74 lashes for alleged spying, money laundering and currency smuggling, the state-run Mizan Online said.
Bloomberg Business
Intel Rolls Out Design Aimed at Winning Back Server Market Share
(Bloomberg) — Intel Corp. released chips with its delayed server design that are key to regaining control of one of the most lucrative markets in computing.
Guinness Is Raising Pint Prices in Ireland
Irish PM Leo Varadkar said it could cause “financial hardship for many” pubs in light of the rising cost of living.
Global Inflation May Mean ‘Paradigm Shift,’ BIS’s Carstens Warns
(Bloomberg) — Global inflation may reflect a “paradigm shift” where central banks can’t adequately respond by just focusing on national economies, according to the head of the Bank for International Settlements.
Brazil Prosecutors Eye Bolsonaro’s Assets as Rich Backers Disavow Riots
(Bloomberg) — Brazilian prosecutors asked a court to seize the assets of former President Jair Bolsonaro as their investigation of the violent, anti-government riots that shook the country Sunday expands beyond the demonstrators themselves.
Elliott Portfolio Manager De La Riviere Leaves Activist Firm
Elliott Portfolio Manager De La Riviere Leaves Activist Firm
Egypt Inflation Exceeds 21% in Spreading Devaluation Fallout
Egypt’s urban inflation accelerated at its fastest pace in five years as several rounds of currency devaluation filtered through to consumers.
Biden Quietly Urges Mexico to Pounce on US Shift From Asia Chips
President Joe Biden privately urged his Mexican counterpart to enact new policies to capitalize on the US drive to boost domestic semiconductor production, part of a push to shift supply of some key technology components from Asia to North America.
Hong Kong Condemns UK Minister Meeting With Jimmy Lai’s Lawyers
The Hong Kong government condemned a decision by UK Foreign Office Minister Anne-Marie Trevelyan to meet Tuesday with lawyers for the imprisoned media mogul Jimmy Lai, and accused the British government of interference in its domestic affairs.
First Crypto Insider-Trading Case Leads to 10-Month Sentence
(Bloomberg) — The brother of a former Coinbase Global Inc. product manager was sentenced to 10 months behind bars for his role in a scheme to trade on inside information about when the cryptocurrency exchange was going to list new tokens.
