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Afghan leader sees peace talks as dead, braces for civil war

Bloomberg Afghan President Ashraf Ghani views peace talks with the Taliban as dead, and is looking to both arm civilians and cooperate with warlords to prevent the militant group from overrunning his administration in Kabul. Since the weekend the Taliban has captured the capitals of five northern provinces and one in the west, where they met little resistance from the ...

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China’s central bank outlook fuels calls for policy easing

Bloomberg China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to the economic growth outlook. The People’s Bank of China (PBOC) largely reiterated its stance of stable policy, pledging to make it more forward-looking and effective, while maintaining ample liquidity. The surge in producer inflation ...

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Circle wants to become chartered crypto bank amid US crackdown

Bloomberg Circle Internet Financial, the second-biggest stablecoin issuer, is looking to give US regulators even more oversight of its cryptocurrency business as executives at Tether, its larger rival, are said to be facing a criminal probe by US prosecutors. Circle has set a goal of becoming the first full-service US federally-chartered crypto bank as the skyrocketing value of cryptocurrencies has ...

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