Here Are 13 Festive Things to Do in London This Holiday Season

(Bloomberg) — It’s the time of the year where London look like a film set after dark. The capital dazzles in December as stores put out their holiday decorations, glittering trees go up in hotels, and ice skaters twirl around pop-up rinks. There’s a fantastic array of Christmas cocktails and cakes in bars and restaurants as 2022 … Read more

NATO Allies Urged to Send More Battle Tanks

(Bloomberg) — NATO allies must send main battle tanks to Ukraine as soon as possible, as Ukrainian forces could use them to “revert the situation” on the ground now while the ground is frozen, Lithuanian Foreign Minister Gabrielius Landsbergis told Bloomberg TV at a ministerial meeting in Bucharest.

Asia Stocks Track US Drop Amid Focus on Fed, China: Markets Wrap

An electronic stock board inside the Kabuto One building in Tokyo, Japan, on Monday, Nov. 21, 2022. The world’s central banks must keep raising interest rates to fight soaring and pervasive inflation, even as the global economy sinks into a significant slowdown, the OECD said. Photographer: SeongJoon Cho/Bloomberg

Wall Street Rips Up Dollar Playbook as 2022’s Top Bet Crumbles

A customer counts 100 U.S. dollar banknotes and 50 euro banknotes inside a foreign currency exchange bureau in the Beyoglu district of Istanbul, Turkey, on Thursday, May 14, 2020. The global demand shock that followed the coronavirus pandemic is exposing a key vulnerability for Turkey’s external finances, with stimulus at home worsening an imbalance between … Read more

China’s Covid Restrictions Are Forcing Farmers to Destroy Crops

“Citizens want food, farmers want income, and farming seasons don’t wait for anyone,” the state-backed publication said. It urged authorities to reduce obstruction for vehicles transporting food products, “so that fresh vegetables from the fields can be served hot on the tables of thousands of households.” 

FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants

(Bloomberg) — On Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the waters for funding at a table of founders, bankers and financiers, including Anthony Scaramucci. 

Truss, Johnson Join Rebellion Against Sunak for Onshore Wind

Wind turbines on the Bradwell Wind Farm, near to the decomissioned Bradwell nuclear power station, site of the planned Bradwell B project, in Bradwell-on-Sea, U.K., on Friday, Feb. 11, 2022. British regulators approved a Chinese-designed nuclear reactor that could be used at the plant in southeast England being developed by China General Nuclear Power Corp. … Read more

India Seeks to Shrink Budget Deficit as Global Headwinds Loom

Finance Minister Nirmala Sitharaman will seek to shrink the shortfall to less than 6% of gross domestic product in the year starting April 1, the people said, asking not to be identified as the deliberations are private. Her presentation due Feb. 1 will be the final full-year budget before citizens elect their new prime minister … Read more

FTX Crypto Bubble Really Is the Worst of Its Kind

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Crypto exchange FTX US is expanding its no-fee stock trading service to all US users, including non-crypto investors, in a move to … Read more