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Janet Yellen says the US and its allies are discussing a price cap on Russian oil to ‘depress Putin’s revenues’

Janet Yellen says the US and its allies are discussing a price cap on Russian oil to ‘depress Putin’s revenues’

Treasury Secretary Janet Yellen said the US and its allies are discussing a price cap on Russian oil. One aim is to “push down the price of Russian oil and depress Putin’s revenues,” she said Monday. A cap would also boost oil supply to the global market, Yellen said. LoadingSomething is loading. The US and …

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Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Please try another search Economy 7 hours ago (Jun 21, 2022 12:35AM ET) © Reuters. A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) – Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties …

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Japan Finance Minister says to respond to FX moves appropriately if necessary

Japan Finance Minister says to respond to FX moves appropriately if necessary

Please try another search Economy 7 hours ago (Jun 21, 2022 12:00AM ET) © Reuters. FILE PHOTO: Japan’s new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on …

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Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’

Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’

Source: Adobe/tiero Crypto-financial services provider Babel Finance claims to have reached certain “preliminary agreements” with “major” and “relevant” players on the repayment period of “some debts” – easing its short-term liquidity pressure. Per today’s notice by the company, “We have communicated with major counterparties and relevant customers, and reached preliminary agreements on the repayment period …

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Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100% – Here’s Why

Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100% – Here’s Why

After plunging below $18,000 over the weekend to trade at a price of SNX, the native token of Synthetix decentralized finance (DeFi) platform, has gained more than 100% to usher in the week. SNX has proven to be the stock with the biggest rise on Monday. The token’s 24-hour trading volume has increased by more …

Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100% – Here’s Why Read More »