July 24, 2022

TUNIS (Reuters) – Public finances are under strain and prices are soaring in Tunisia, presenting big economic challenges to President Kais Saied as he plans to overhaul the political system in a constitutional referendum on Monday. Here are some of the troubles affecting the economy, which was hit particularly hard by the COVID-19 pandemic due…

ZURICH (Reuters) – Credit Suisse is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources. “The numbers are catastrophic,” an unnamed senior banker told the newspaper, adding that staff morale is very low. Managers and the board of directors are…