(Bloomberg) -- Deputy Governor Irene Espinosa said the Banco de Mexico will have to push interest rates higher in order to bring inflation in Latin America’s second-largest economy under control.
Despite banking worries, experts told BNN Bloomberg that the period of panic rattling the market contains some promising investment opportunities in bank stocks, particularly with Canadian names.
Ukrainian President Volodymyr Zelenskiy visited frontline positions near the besieged city of Bakhmut in the eastern Donetsk region, a focus of fierce battles with the Russian army in recent months.
A group of funds holding most of Carvana Co.’s more than $5 billion in bonds will oppose a restructuring plan that the online auto seller wants as a way to rein in its debt load, according to people with knowledge of the group’s position.
The forces that have re-awakened crypto prices have aroused activity in the digital-assets derivatives market too.
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