IMF’s Georgieva urges China to speed up shift from exports

International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends the 1+10 Dialogue with leaders of International Economic Organisations, with China’s Premier Li Qiang (not pictured) in Beijing on December 9, 2025. Pedro Pardo | Afp | Getty Images BEIJING — China needs to “accelerate” support for domestic consumption and reduce its reliance on exports for…

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Stock market today: Nifty50 opens below 24,000, Sensex tumbles over 2,400 points as oil surges past $100 amid Iran war

Stock market began the week in red with Nifty trading below 24,000 and Sensex tumbling over 2,000 points as the Middle East conflict continues to intensify. As of 9:27 am, NSE Nifty50 was trading 23,703.60, down 746.85 points or 3.05%. BSE Sensex plunged 2,415.69 points or 3.06% to trade at 76,503.21. This follows a weak…

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‘Skinny’ Fed Accounts for Crypto is a Hedge Against Debanking — Lummis

Wyoming Senator Cynthia Lummis, a pro-crypto United States lawmaker, said the recent proposal from Federal Reserve Governor Christopher Waller to give crypto companies access to “skinny” master accounts would end debanking under Operation Chokepoint 2.0. Waller proposed the idea at the Payments Innovation Conference in October, allowing crypto and fintech startups, including payment-only banks, access…

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