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Tag: Financial Markets

PBOC Reduces Liquidity, Suggesting Short-Term Rate Surge as Transitory

In a move signaling its perception of the recent abrupt spike in…

Billionaire Hedge Fund Manager Bill Ackman Shifts Stance Amid Economic Concerns

Renowned billionaire hedge fund manager Bill Ackman has made a notable change…

S&P Downgrades Egypt’s Credit Rating as Hard Currency Shortage Persists

Egypt faces its second credit rating downgrade this month due to a…