On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent trading conditions, and disjointed activity across bond markets. Triple-A No More—Moody’s Strips U.S. of Top Rating Amid Exploding […]
12 Arrested in HK as Officials Uncover $15M Cash, Crypto Laundering Operation: Report
Hong Kong police have dismantled a cross-border crime syndicate accused of laundering HK$118 million (US$15 million) through fraudulent bank accounts,...