Worldwide

Plan to reduce official Lebanese Lira exchange rate needs political consensus

The customs dollar comes into effect in a few days.. Unless

Will methane reduction plans “spread” during COP27?

Methane is solely responsible for 30% of global warming.

BookTok recharging the publishing world one TikTok at a time

BookTok: Where content creation and literature meet

Central banks add $20 bn worth of gold in Q3

Turkey remained the largest reported gold buyer in 2022

Virtual workspaces to see huge growth by 2027

AI will consume more energy than the human workforce

Elon Musk cements his control over Twitter

By firing top execs, considering blue tick revamp

“FED” to increase rates by 75 basis points

Wall Street ended its sessions with a decline following a month of gains

Eurozone inflation climbs to record high of 10.7% as growth slows

Energy costs expected to have had the highest annual rise

Global Financial Markets in Brief Week October 24

The Federal Reserve's future policy has weighed heavily on the markets

Elon Musk is officially Twitter’s new owner… “Bird is free”

He sacked senior executives he accused of misleading him

NFTs helped creators earn almost $2 bn in royalties

Though not everyone is a fan of the royalties model

ECB raises interest rates and adjusts bank lending conditions

The bank's budget is large, close to 9 trillion euros

ECB prepares for significant interest increase to “tame inflation monster”

IHS Market: Eurozone economy on verge of contraction in Q4

WhatsApp down in several countries amid a major outage

WhatsApp outages have also been reported in UK, Europe

World still needs Russian oil to flow even with price cap: IEA

"The world is experiencing the first truly global energy crisis"

Rishi Sunak becomes the only candidate for UK premiership

As Penny Mordaunt drops out of leadership race