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Economic and financial news from around the world, including cryptocurrency

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Africa is losing up to $4.2 billion annually in interest payments on its loans due to stereotypical narratives that dominate global media coverage of the continent, study says

Public Debt Edges Up in the U.S., EU and China

European banks in Russia: Kremlin expects Italy's Unicredit, Austria's Raiffeisen to help launch digital rouble as it signals to block the foreign banks' attempt to sell their local units

Robinhood launches platform to go after bigger, more active traders

Human rights concerns continue to dog China's fast fashion retailer Shein‘s initial public offering (IPO) in the UK

The easy money trap: How Russia’s central bank fueled inflation by encouraging a credit boom

China again lowers reserve requirement ratio for banks by 50 basis points to 6.6%

China's economy risks heading into recession as Producer Prices enter deflation, reports say

Estonia's new government bonds oversubscribed four times

China's shadow bank Zhongzhi exploited risky and potentially illegal practices before its collapse last year

Major Russian lenders say yuan coffers empty, urge central bank action

China property developer Vanke faces mounting concerns about its ability to repay debt after posting the first loss in two decades

Hungary’s debt to China skyrockets, raising financial concerns

The Great Housing Hijack - with Cameron Murray

China’s Imaginary Trade Data: Beijing's new way of calculating its good surplus in the formal balance of payments is deeply misleading, and it explains the apparent fall in the current account surplus

Rescue measures won’t fix the structural problems in China’s property market, researcher says

Chinese authorities chasing unpaid taxes from companies and individuals dating back decades, as government moves to plug massive budget shortfalls, address mounting debt crisis

Global stock markets plunge - CNN

Patrick Boyle: For management layoffs are an easy fix

How Chinese loans trapped Pakistan's economy