2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

IMF Warns US Treasury Market Prone To "Sudden Repricing" Due To Soaring Debt, Overreliance On Bills The International Monetary Fund warned Wednesday that the relentless US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe. “The increase in the US Treasury security supply is compressing the safety premium that US Treasuries have traditionally commanded — an erosion that pushes up borrowing costs globally,” the Washington-based IMF said in its latest Fiscal Monitor report. The US has been selling large volumes of debt...

Israel has stepped up attacks once again overnight on Wednesday and into Thursday, hitting targets in southern Lebanon as well as in the Beqaa Valley in the east. As is often the case, the IDF claimed that they were hitting Hezbollah weapon storage sites, though as is equally often the case, they provided no evidence […]

The Bretton Whoops Authored by 'No1' via Gold and Geopolitics substack, The bombs make headlines. The economic unraveling happening quietly underneath them don’t. So before we get back to the daily carnage, let's talk about money. It used to be funny, in a rich man's world. The world didn’t wake up one morning and decide to distrust the dollar. It was a process. Gradually, then suddenly, as these things tend to go. It started with Venezuela. In 2019, Caracas asked the Bank of England to return its own gold - 31 tonnes, sitting...