No rate cuts for foreseeable future, says Bank Andrew Bailey, governor of the Bank of England, says lowering inflation further will be "hard work". Source
COP28: UAE planned to use climate talks to make oil deals Leaked documents show how the COP28 host planned to use its role to strike fossil fuel business deals. Source
Zhongzhi Enterprise Group: China investigates major shadow bank for ‘crimes’ Zhongzhi Enterprise, one of China's biggest shadow banks, has lent billions to real estate firms. Source