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Stock markets get crushed as recession worries mount

  Bloomberg Stocks tumbled around the globe as recession fears resurfaced, with the Federal Reserve struggling to get on top of inflation that has proved more persistent and widespread than officials anticipated. The S&P 500 closed at its lowest since December 2020, while the tech-heavy Nasdaq 100 sinks 4%. The deal spread on Elon Musk’s proposed takeover of Twitter Inc. ...

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Crypto selloff resumes as post-Fed mood in global markets sours

  Bloomberg The selloff in the digital-asset space accelerated, with losses in US equities also snowballing, a day after the Federal Reserve raised interest rates by the most in decades. Ether, down as much as 8.3% to trade around $1,080, is facing a tougher road than most. The native token for the Ethereum blockchain is on pace to decline for ...

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FNC becomes observer member at LatAm, Caribbean Parliament

  Abu Dhabi / WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), said the decision of the Latin America and Caribbean Parliament (Parlatino) to make the UAE, represented by the FNC, an observer member will strengthen the cooperation between the two sides and support the efforts to enhance the economic, social, cultural and political relations between the UAE ...

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