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The success of the Libra -- and potentially the entire cryptocurrency market -- will hinge on its creator's ability to convince regulators that it's more trustworthy than Facebook and more stable than Bitcoin.
President Mauricio Macri has announced several measures meant to soften the impact of Argentina's economic crisis, including freezing gasoline prices, increasing welfare subsidies and reducing income taxes, Reuters reported Aug. 14.
Singapore has reduced its annual gross domestic product growth estimates to between 0 and just 1 percent due to rising trade concerns and a worsening outlook for global electronics, CNA reported Aug. 13.
The Pakistani Planning and Development Ministry has said it lacks clarity as to whether it can acquire a Chinese loan to proceed with the $8.5 billion Mainland-I railway, one of the most important projects in the China-Pakistan Economic Corridor, The Express Tribune reported Aug. 6.
Sudan must still meet several qualifications before the United States will consider removing the country from its list of state sponsors of terrorism, a senior official with the U.S. State Department has said, Reuters reported Aug. 7.
U.S. President Donald Trump has signed an executive order to impose a second round of sanctions against Russia over the poisoning of former Russian spy Sergei Skripal in March 2018, Reuters reported Aug. 2.