2월 2일 업데이트: squelch부터 impermissible까지

The Fed is keen to impress upon investors that it will do whatever it takes to squelch inflation.

 

The Federal Trade Commission had requested an injunction to block the deal.

 

Adani Group has now lost $92bn in market value since Hindenburg Research, a short-seller, said the business empire was a giant con.

 

Its share price has plunged by 90% since a wildly successful flotation in 2021.

Rivian’s giant listing comes amid huge losses

 

On Wednesday the flagship company of the Indian conglomerate cancelled a secondary share offering, which had been fully subscribed, after its share price plunged.

What next for Gautam Adani’s embattled empire?

 

A bungled attempt by the now-ousted president of Peru to shut down Congress resulted in the country’s being downgraded to a “hybrid regime”.

After a bungled coup attempt, Peru’s president falls

 

Such horrors were not uncommon during the Cultural Revolution, a decade of Maoist madness that began in 1966 and saw up to 2m people killed for supposed political transgressions.

 

“What makes the era’s lessons so vital is also what makes them impermissible,” writes Ms Branigan.