The International Monetary Fund’s executive board approved a $7.5 billion disbursement to Argentina on Wednesday, extending a financial lifeline to the cash-strapped government ahead of a tight presidential race.
New York City’s offices-to-housing conversion plan in midtown Manhattan offers a path to expand the supply of residential units, throws a potential lifeline to struggling landlords and helps stave off a crisis in municipal finances.
Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more than a year, were charged with helping launder more than $1 billion for clients that included a North Korean cybercrime organization.
Zimbabwe’s election was plagued by delays and logistical problems, prompting the authorities to extend voting to a second day in some areas.
Vedanta Resources Ltd. is ready to pay $250 million owed to suppliers in Zambia as soon as it resumes control of copper mines that were seized by the southern African nation’s government more than four years ago.
Prewar cars were a bright spot in an otherwise low year.
Wagner mercenary group founder Yevgeny Prigozhin was listed among passengers on a private jet that crashed as it traveled from Moscow to St. Petersburg, Interfax reported, citing Russia’s aviation authority.
Argentina’s economic activity contracted for the fourth straight month in a fresh sign that one of South America’s largest countries is barreling toward recession amid fast inflation and heightened political uncertainty.
Regulators invited public comment on whether the US broadcast license for Fox Corp.’s TV station in Philadelphia should be renewed after a grassroots organization asked that it be denied, saying Fox knowingly broadcast false news about the 2020 election.
Former Brazil President Jair Bolsonaro is undergoing exams to determine whether he will require another surgery related to the stabbing he suffered on the campaign trail in 2018, his spokesperson said.
