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Sri Lanka weighs favoured creditor clause to speed up debt talks with IMF
Sri Lanka is pursuing pacts with commercial and bilateral lenders to meet conditions for the IMF to disburse a $2.9 billion loan
 "Sri Lanka weighs favoured creditor clause to speed up debt talks with IMF")
Fed's message on rate hold for 'some time' clashes with 2023 rate-cut bets
They're also likely to signal another 50 basis points of tightening next year, according to economists, and an expectation that once they reach that peak, they'll stay on hold through all of 2023
 "Fed's message on rate hold for 'some time' clashes with 2023 rate-cut bets")
Masayoshi Son's SoftBank buyout would look more like Musk than Dell
Every quarter Masayoshi Son is forced to give metrics he doesn't believe capture the value of his firm. "We are an investment company, we're not engaged in operations," he said in August 2020
 "Masayoshi Son's SoftBank buyout would look more like Musk than Dell")
UK braces for 2 yrs of recession as manufacturing sector shrinks by over 4%
The UK's manufacturing sector shrank by more than 4% this year, a survey found, with predictions of another sharp decline in 2023
 "UK braces for 2 yrs of recession as manufacturing sector shrinks by over 4%")
Fixed denominations vs token system: Why digital cash needs to feel real
If the payment market is cornered by a few powerful private-sector platforms, they may impose hidden charges and fees
 "Fixed denominations vs token system: Why digital cash needs to feel real")
24 hours of jumbo interest-rate hikes to cap year of soaring inflation
More than 50 central banks have gone for 75-bp increases, with over 275 rate hikes this year
 "24 hours of jumbo interest-rate hikes to cap year of soaring inflation")
Charting the global economy: Central banks to start pausing rate hikes
Global central banks are pausing or nearing the end of their interest-rate hiking cycles as inflation shows signs of slowing and recession concerns mount
 "Charting the global economy: Central banks to start pausing rate hikes")
$115 billion thematic ETF boom unhindered despite mounting losses
Year-to-date, 53% of thematic funds are underwater since their inception. Launches in 2022 have slowed to 38 from the 77 seen in the previous year, while closures have picked up to 20 from five
 "$115 billion thematic ETF boom unhindered despite mounting losses")
IMF, World Bank raise concerns over worsening global economic outlook
The IMF currently forecasts global growth will be 2.7% next year, slowing from 3.2% this year
 "IMF, World Bank raise concerns over worsening global economic outlook")
27,000 Vivo phones held by DRI over suspected violations released
The shipment, worth nearly $15 million, is unlikely to be exported as the packaging of many of the phones was damaged and the devices were switched on to check unique ID numbers, the people said
 "27,000 Vivo phones held by DRI over suspected violations released")
PM Modi to skip annual summit with Russia's Putin over Ukraine nuke threats
It would mark only the second time the leaders of India and Russia haven't met face to face since 2000, when the relationship was elevated to a strategic partnership
 "PM Modi to skip annual summit with Russia's Putin over Ukraine nuke threats")
Putin says Russia may cut its oil output in response to G-7 price cap
A decision on Moscow's response to EU price cap will be announced in a presidential decree within the next several days, says Putin
 "Putin says Russia may cut its oil output in response to G-7 price cap")
Tesla to suspend output at its China factory partly due to slowing demand
Consumer demand for cars in China has been dented by the country's still strict approach to Covid
 "Tesla to suspend output at its China factory partly due to slowing demand")
Chinese stocks to outperform global peers as curbs ease: Morgan Stanley
Average daily turnover for China's ChiNext Index and overall mainland-traded A-shares increased 25% and 19% respectively
 "Chinese stocks to outperform global peers as curbs ease: Morgan Stanley")
What to expect from Indian equity markets in 2023 as performance cools
While India has been a standout market this year, with the NSE Nifty 50 Index up above 7%, compared to an 18% slump in global stocks, it remains the most expensive in Asia
 "What to expect from Indian equity markets in 2023 as performance cools")
End of Covid Zero policy threatens to overwhelm China with infections
The world's most populous nation is rapidly abandoning the mass testing, lockdowns and centralized quarantine that defined the stringent, three year-old policy
 "End of Covid Zero policy threatens to overwhelm China with infections")
Elon Musk's spat with San Francisco could spur Twitter relocation
Elon Musk's first big conflict with the city of San Francisco could result in the company fleeing the city
 "Elon Musk's spat with San Francisco could spur Twitter relocation")
Walmart's payments startup PhonePe seeks to raise $1 billion: Report
The company is in talks with SoftBank Group Corp.'s Vision Fund, an investor in PhonePe's parent entity Flipkart, although Walmart will remain top investor, the people said
 "Walmart's payments startup PhonePe seeks to raise $1 billion: Report")
Net zero will radically change how we use and generate electricity
In BloombergNEF's baseline scenario, the Economic Transition Scenario, power consumption grows by about two-thirds between 2020 and 2050
 "Net zero will radically change how we use and generate electricity")
How world's oldest digital currency could solve climate change crisis
But what if there was an overlooked digital currency that could help to solve the climate crisis, rather than just doing less to exacerbate it?
 "How world's oldest digital currency could solve climate change crisis")