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This 44-year-old founder and CEO is stepping down to go on a 3-year religious mission. 'I feel such confidence that this is the right thing.'

Sun, 04/30/2023 - 06:00

Davis Smith is stepping down to fulfill a 3-year calling as a mission president for The Church of Jesus Christ of Latter-day Saints in Recife, Brazil. — Davis Smith is stepping down to fulfill a 3-year calling as a mission president for The Church of Jesus Christ of Latter-day Saints in Recife, Brazil.
Cotopaxi

Careers, Nordic, Strategy, Retail, cotopaxi, CEO interview, davis smith

The anti-dollar drive spearheaded by Asia has spread to Europe, with France growing sour on the greenback's dominance. Here are 6 rising threats to the buck's supremacy of global trade.

Wed, 04/19/2023 - 06:00

Dollar notes — 100 dollar bills seen displayed.
(Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Markets, MI Exclusive, Dollar dominance, King Dollar, Federal Resere, Inflation, Interest Rates

China will become the global economy's biggest growth driver in the next 5 years, doubling the US contribution, IMF says

Mon, 04/17/2023 - 12:25

xi jinping china — Chinese President Xi Jinping.
Jason Lee/Reuters

Markets, MI Exclusive, China, IMF, Russia, BRICS, Economic Growth

Ex-Brazil president Bolsonaro is hoarding a stash of jewels Saudi Arabia gave him — but was just ordered to give them away

Thu, 03/23/2023 - 10:47

Tech Insider : Politics

Bolsonaro — A file photo of Jair Bolsonaro, taken in August 2022 when he was still president of Brazil. He left office in December 2022 after failing to win re-election.
EVARISTO SA/AFP via Getty Images

politics, Jair Bolsonaro, brazil, corruption, Saudi Arabia, News UK

'I can't get my money out': Billionaire investor Mark Mobius says China is restricting flows of capital out of the country

Fri, 03/03/2023 - 11:47

Tech Insider : Economy

mark mobius — Richard Brian/Reuters

Markets, MI Exclusive, Mark Mobius, China, Investing, Emerging Markets, Mobius Capital Partners

Sigma Lithium spikes 21% on report Tesla is considering a buyout of the Canadian battery-metals miner

Tue, 02/21/2023 - 14:26

A Tesla Model 3 charges at a Supercharger. — A Tesla Model 3 charges at a Supercharger.
Paul Hennessy/NurPhoto via Getty Images

Markets, MI Exclusive, tesla, TSLA stock, Sigma Lithium, lithium, EV makers

Brazil just sank its biggest warship into the Atlantic Ocean after failing to sell it for scrap metal. The ship was big enough to carry 39 aircraft — take a look.

Wed, 02/08/2023 - 03:08

Aerial view of the French aircraft carrier — Aerial view of the French aircraft carrier "Foch", off the Italian coast, in the Adriatic Sea, 20 May 1999.
THOMAS COEX/AFP via Getty Images

Military & Defense, Features, brazil, Warships, Defense

Paul Krugman says not to worry about the dollar weakening despite recent challenges to its dominance

Mon, 02/06/2023 - 05:10

Tech Insider : Crypto

paul krugman — Nobel-winning economist Paul Krugman.
Jeff Zelevansky/Getty Images

Markets, MI Exclusive, Paul Krugman, Currencies, Dollar dominance, crypto, Russia

Nobel economist Paul Krugman slams Brazil and Argentina's joint currency plan, saying 'it's a terrible idea'

Mon, 01/30/2023 - 07:52

paul krugman — Nobel-winning economist Paul Krugman
Jeff Zelevansky/Getty Images

Markets, MI Exclusive, brazil, Argentina, Currency, Euro, Dollars

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