Yen Starts Year on Front Foot as Traders Eye Dollar Cliff Edge
The yen started 2023 with modest gains Monday as traders weighed the risk of further technical strength amid thin holiday trading.
Bloomberg Business
Ukraine Latest: Russia Launches Drone Attacks on New Year’s Day
Russia launched a barrage of drone attacks shortly before midnight on New Year’s Day, as sirens went off in southern, eastern, central and northern regions of Ukraine. Loud explosions were heard in the capital Kyiv, including downtown. Ukraine’s air defense forces said they shot down 45 drones the night before.
NY Governor Hochul Promises to Focus on Crime, Cost of Living
New York Governor Kathy Hochul promised to reduce crime, improve affordability and stem the state’s population loss as she took the oath of office for her first full term on Sunday.
Lula Is Back in Brazil, Promising Prosperity Amid Global Economic Pain
Luiz Inacio Lula da Silva retook the helm of Latin America’s largest democracy promising to bring back the economic inclusion and prosperity that marked his first two terms as Brazil’s president between 2003 and 2011.
Brazil Will Keep Down Fuel Costs for Now, New Petrobras CEO Says
Brazil’s new government has decided to extend for 60 days a tax-cut measure to keep down fuel prices, the incoming head of Petrobras said on Sunday.
Venezuela, Colombia Open Binational Bridge to Boost Trade
Venezuela and Colombia officials opened the Atanasio Girardot international bridge on Sunday, allowing vehicles carrying both passengers and cargo to cross the border between both countries.
‘Avatar 2’ On Pace to Beat ‘Top Gun’ as 2022’s Biggest Movie
Walt Disney Co.’s Avatar: The Way of Water is on pace to become the top-selling movie released in 2022 after leading the box office for a third straight weekend.
Philippines Restores Air Traffic Control After Power Outage
The Philippines restored air traffic control operations after hundreds of flights were cancelled or diverted following technical issues that forced authorities to close the country’s airspace.
Extinction Rebellion UK to Stop Protests That Disrupt the Public
The UK arm of environmental activist group Extinction Rebellion said it plans to step away from attention-grabbing tactics that have caused widespread public disruptions and instead focus on building broader support to help combat rising carbon emissions.
Lagarde Says Croatia Joining the Euro Shows the Currency’s Appeal Endures
European Central Bank President Christine Lagarde said the currency union’s newest member proves that the euro has lasting appeal.
