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Bank Melli, Iran’s largest lender, already faces waves of sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.
We haven't written up this one. The New York Times has the full story — the link below goes straight to it.
Increased purchases of debt threaten to undermine central bank chief Kevin Warsh’s bid to tame inflation
Mark your calendars: many bank branches will observe closures on Wednesday, August 26, for the Id-E-Milad and Thiruvonam festivals.
A recovery in the semiconductor market and expanding investment related to artificial intelligence, or AI, pushed South Korea’s large companies to record export results.
The number of Koreans who moved to new residences decreased in July from a year earlier amid a decline in housing transactions, data showed Wednesday.
Wars in the 21st century aren’t fought only with missiles and soldiers anymore. Increasingly, they’re fought through banking systems, shipping lanes, semiconductor controls and currency clearing…
