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Money

BlackRock labels Texas ‘anti-competitive’ over ESG blacklisting

Financial Times | Aug 25, 2022 at 11:37 PM

…That list included US banks JPMorgan Chase, Goldman Sachs and Wells Fargo as well as investment manager Invesco, but none were included in the final list of 10….

World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal

Bitcoin.com | Aug 25, 2022 at 9:30 PM

The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal.

MOEX Russia, RTS indexes mixed by end of trading session

TASS Russian News Agency | Aug 25, 2022 at 9:02 PM

Russian market indexes ended the trading session on Thursday with mixed dynamics.

Bitcoin Depot: crypto ATM taps Spac cash

Financial Times | Aug 25, 2022 at 7:16 PM

… Bitcoin Depot is a bitcoin ATM operator that allows users to buy bitcoin or other digital currencies with cash at over 7,000 kiosks across North America….

Nonresidents’ share in Russian government bonds growing to 17.9% in July – Central Bank

TASS Russian News Agency | Aug 25, 2022 at 5:57 PM

The share of nonresidents was 17.6% as of July 1, 2021.

The Cause: meet your new bag for life

Financial Times | Aug 25, 2022 at 5:55 PM

…s greeted by a group of women, who join her at the bank s to sell bilum, the handwoven bags made in Papua New Guinea for…

African states to use threat of fossil fuels to get EU climate finance

Euractiv | Aug 25, 2022 at 5:40 PM

Ahead of the COP27 summit scheduled for November, there are fears African governments will use the threat of exploiting fossil fuel reserves to push European nations to keep their promises on climate change, investments and infrastructure.

ECB rate-setters worried weak euro would fuel higher inflation

Financial Times | Aug 25, 2022 at 5:12 PM

…European Central Bank rate-setters expressed mounting concern that the weak euro would feed higher inflation when they decided last month to raise interest rates…

Economists shouldn’t underestimate the power of a good story

Financial Times | Aug 25, 2022 at 4:23 PM

…For while anthropologists such as Douglas Holmes have long studied how central bank language and rituals influence the economy, economists used to assume this was…

Russia’s international reserves down $6.6 bln to $574 bln over week – Central Bank

TASS Russian News Agency | Aug 25, 2022 at 3:42 PM

Russia’s international reserves dropped by $6.6 bln or by 1.1% over the week and amounted to $574 bln as of August 19, 2022, the Central Bank said on Thursday.

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