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July 2023

  • Business
  • Economy

US lawmakers seek to lower biofuel blending compliance costs

The Cheap InvestorJuly 12, 2023July 12, 20230

By Stephanie Kelly NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden…

  • Asia
  • Economy

IMF approves $3 billion bailout for cash-starved Pakistan

The Cheap InvestorJuly 12, 2023July 12, 20230

By Asif Shahzad ISLAMABAD (Reuters) -The International Monetary Fund’s board approved a $3 billion bailout programme for Pakistan which will…

  • Business
  • Economy

Leveraged bets in US Treasury market could ‘amplify’ stress, BoE warns

The Cheap InvestorJuly 12, 2023July 12, 20230

By David Randall NEW YORK (Reuters) -Large leveraged bets by hedge funds in the U.S. Treasury market could “amplify stress”…

  • Europe
  • Politics

Biden to host Italian PM Meloni at White House on July 27

The Cheap InvestorJuly 12, 2023July 12, 20230

By Angelo Amante and Kanishka Singh VILNIUS/WASHINGTON (Reuters) -U.S. President Joe Biden will host Italian Prime Minister Giorgia Meloni in…

  • Asia
  • Australia

Wall Street cheers cool CPI with stock rally; dollar, yields decline

The Cheap InvestorJuly 12, 2023July 12, 20230

By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S….

  • Business
  • Economy

Crypto ransom attacks rise in first half of 2023 – Chainalysis

The Cheap InvestorJuly 12, 2023July 12, 20230

By Elizabeth Howcroft LONDON (Reuters) – Crypto crime fell overall in the first six months of 2023, but the volume…

  • Africa
  • Asia

Russian hackers lured embassy workers in Ukraine with ad for a cheap BMW

The Cheap InvestorJuly 12, 2023July 12, 20230

By James Pearson LONDON (Reuters) -Hackers suspected of working for Russia’s foreign intelligence agency targeted dozens of diplomats at embassies…

  • Business
  • Economy

Steve Bannon, Michael Flynn must answer questions in Smartmatic US defamation case

The Cheap InvestorJuly 12, 2023July 12, 20230

By Jack Queen (Reuters) – Steve Bannon and Michael Flynn, two allies of former U.S. President Donald Trump, must answer…

  • Asia
  • Australia

US dollar stumbles, drops to more than one-year low as inflation eases in June

The Cheap InvestorJuly 12, 2023July 12, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday…

  • Business
  • Economy

Banks can manage outflow risk in Fed’s new payment service system, Mester says

The Cheap InvestorJuly 12, 2023July 12, 20230

By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S….

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