Foreign bank market

Bond rally reduces inflation fears

The multi-month decline in bond yields illustrates investor belief that inflation is probably not the biggest problem facing the US and global economy. Monday’s massive sell-off in major U.S. stock indexes highlighted growing investor concern that the biggest risk to the markets right now is disappointing growth, rather than the …

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Tunisia approves economic recovery and exchange law

Tunisia’s parliament on Monday approved an economic stimulus law that allows people to open foreign currency accounts for the first time and also allows businesses and individuals to agree to a financial settlement for currency violations. The law, which has been stuck for years in parliament, will allow businesses to …

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