Bloomberg Top News

Gemini’s Cameron Winklevoss Slams Crypto Exec Barry Silbert Over Frozen Funds

The fallout from the collapse of Sam Bankman-Fried’s crypto empire just got messier, with digital-asset entrepreneur Cameron Winklevoss accusing fellow businessman Barry Silbert of “bad faith stall tactics” and the intermingling of funds within his conglomerate that Winklevoss says have left $900 million in customer assets needlessly in limbo since FTX’s meltdown.

Brazil Analysts See Higher Rates, Prices Rising Faster With Lula

(Bloomberg) — Brazil’s central bank will be even slower to cut its benchmark interest rate from the current 13.75% level, according to a survey of economists who see inflation expectations deteriorating further through the first few years of Luiz Inacio Lula da Silva’s administration.

Lula Sees Brazil’s Inflation Forecasts Under Spending Plans

(Bloomberg) — Brazil’s central bank will be even slower to cut its benchmark interest rate from the current 13.75% level, according to a survey of economists who see inflation expectations deteriorating further through the first few years of Luiz Inacio Lula da Silva’s administration.