In April, Ukrainian farmer Yurii Sekh was looking forward to a good wheat harvest. One of the driest Mays in the region’s records dashed those hopes. It also sent prices for the staple grain soaring, reviving fears of rising food costs. from Bloomberg Markets https://ift.tt/847gfDN
A BBC reporter who was in the courtroom describes the former president’s body language as the guilty verdict was read. https://ift.tt/NpVZEGP May 31, 2024 at 02:37AM
French inflation quickened for the first time this year — mirroring trends elsewhere in the region just as the European Central Bank prepares to lower interest rates. from Bloomberg Markets https://ift.tt/b5yptF6
Esther Lungu and her daughter are accused of owning properties suspected to be proceeds of crime. https://ift.tt/ZecYNwD May 31, 2024 at 09:35AM
South Korea’s average economic growth rate will fall below 2% in the 2030s as aging demographics sap the nation’s vitality and strengthens headwinds for the economy, according to Bank of America projections. from Bloomberg Markets https://ift.tt/Pp9syOH
Slovak Prime Minister Robert Fico, recovering from injuries sustained in an assassination attempt this month, was released from hospital to undergo treatment at home. from Bloomberg Politics https://ift.tt/p6gswro
US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to the Middle East, according to people familiar with the matter, while officials conduct a national security review of AI development in the region. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/IEgGYsB
TL;DR Donald Trump was found guilty of 34 charges related to falsifying business records in a hush-money trial involving porn star Stormy Daniels. His conviction was followed by volatility in meme coins linked to him and Joe Biden. Trump Found Guilty A Manhattan jury found Donald Trump guilty of all 34 charges of falsifying business…
The chip maker said the plant will be located in Catania, Sicily, and that it will produce silicon-carbide semiconductor products for power devices and modules. https://www.wsj.com/articles/stmicroelectronics-to-build-5-4-bln-chip-plant-in-italy-with-state-support-7cb0a919
Investors in South Africa had positioned for an election outcome where the ruling African National Congress could comfortably govern in coalition with a smaller party. But projections hinting at a significant erosion in ANC support have rattled those expectations and unleashed a flood of uncertainty. Bloomberg News’ Jennifer Zabasajja discusses with Joumanna Bercetche on Horizons Middle…