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Sweden: A Rare Earth Discovery

According to Sweden’s state-owned mining company LKAB, more than one million tons of rare earth oxides—the largest deposit of its kind in Europe—was discovered near Kiruna, about 1,000 kilometers north of Stockholm.

News

Switzerland’s National Bank Faces Historic Loss

The Swiss National Bankprojects losses on foreign currency transactions of CHF131 billion, with another CHF1 billion in losses on positions held in Swiss francs.

Capital Raising & Corporate Finance

Under Armour’s New CEO

Stephanie Linnartz will become CEO of Under Armourafter spending 25 years atMarriott International.

News

Africa’s Debt Service Costs Soar

Africa's debt service payments will surge 35% over last year.

News

After Much Turnover, Peru Gets First Female President

Without a majority in Congress,Dina Boluarte's ability to governis limited.

News

Brazil: New Finance Minister Is Everything But Inconspicuous

Fernando Haddad's appointment as finance minister has divided Brazilian economists.

News

Central America: Corn-Based Cards Replace Plastic

BAC Credomatic's bio credit card is made of 82% corn and fits in with the bank’s net-positive renewable-energy policy.

News

Central America: Heading For Record Remittances

Greater remittances mean greater economic growth for Latin America.

News

China: Domestic Jetliner Takes Wing

China aims to challenge the Airbus-Boeing duopoly, an objective that was unthinkable a few years ago.

Economics, Policy & Regulation

Energized US Agency Takes On Giants

The FTC is suing to block the merger of Nvidia and Arm as well as the purchase of virtual-reality startup Within by Meta (Facebook).

News

Hungary Nips Feeding Hand

Hungary's inflation is soaring and growth is slowing as tensions with the European Union continue to create political instability.

News

Malaysia: Roller-Coaster Career Reaches New Peak

Malaysia's tenth Prime MinisterAnwar Ibrahim has gone from politics to jail and back to politics again.