currencies

Ousted Sudan President gets 2 years

Former Sudanese President Omar al-Bashir has been sentenced to two years in a correctional facility after being found guilty of corruption and illegitimate possession of foreign currency.

Strong dollar hurting global economy

The world economy is slowing. In past recessions, fast-growing emerging markets have helped bail out the global economy. But there's one thing standing in the way of history repeating itself this time: the strong US dollar.

Facebook says Libra is out of its control

In its effort to bring the Libra cryptocurrency to life, perhaps the biggest hurdle for Facebook is a lack of trust and opposition from regulators around the world, who are concerned about Libra's potential implications for privacy and financial stability and Facebook's role

Putin builds war chest

In the latest display of deepening cracks in the West's formerly unified economic campaign against Russia, France's Foreign Minister Jean-Yves Le Drian told reporters Monday that "the time is right" for reconciliation in EU-Moscow relations.

Argentina slaps controls on the peso

Argentina is taking desperate action to keep dollars in the country as it tries to prop up its collapsing currency and avoid defaulting on its debt for the third time since 2000.