Moody’s Investors Service kept South Africa’s credit rating at investor grade, though it is still only one notch above junk, and changed its outlook for the country to stable.

Rating agency Moody’s Investors Service downgraded fifteen of the world’s largest banks by assets, including five of the six largest U.S. banks (Reuters). A Moody’s managing director explained: “All …

Biden signs data security executive order; PCAST issues report on critical infrastructure; DeSantis vetoes ban on social media for teens; Malawi stops issuing passports after hack; Meta creates new E…

China’s pivot to a new strategy of indirect intervention through its large state banks requires new approaches to policing currency policies by both the U.S. Treasury and IMF.

In recent months, Laos’ economy has crashed.