Key Events This Week: PMIs, Productivity And Consumer Sentiment

"Pushed Into Poverty": Somalia’s Currency Crisis Leaves Traders Holding Worthless Cash For decades, Muse Omar Jama made a living swapping currencies in Mogadishu’s Bakara market, where customers once lined up to trade Somali shillings for dollars and mobile money. Now his office sits mostly silent, and the safes around him are stuffed with cash no one wants, according to The Guardian. The problem began when traders in Somalia stopped accepting worn-out shilling notes, saying the bills were too damaged to use. The boycott quickly spread to shops, buses, and businesses across the...

Pakistan Prime Minister Offers Last Ditch Olive Branch Plan, Hours Before Trump's 'Whole Civilization Will Die Tonight' Deadline Summary:  Trump: "A whole civilization will die tonight, never to be brought back again." Axios cites "glimmer" of progress on negotiations. Prime Minister Shehbaz Sharif introduces last minute olive branch extension plan, hoping that the US will avoid its decimation campaign. In a call with FOX's Bret Baier, Trump says 8 PM deadline today "could change if negotiations move forward, but sticking to deadline for now." Kharg Island heavily bombed in preparation for potential US Marine/Special Forces...

8 Frightening Forecasts For The Future Of Fraud Fraud is entering a new era. Businesses across North America expect fraud trends like biometric fraud, deepfake scams, and synthetic identities to become more common in 2026 as criminals adopt faster and more sophisticated tools. This visualization, created by Visual Capitalist's Julia Wendling, in partnership with Inigo for the Fraud in Data campaign’s sixth post, uses data from the Sumsub Fraud Report 2025 to explore the fraud trends businesses believe will shape the future of digital risk. Biometric Fraud Could Become the Biggest Threat Surveyed businesses expect...