Zimbabwe will soon introduce a gold-backed digital currency meant to stabilise the local unit from its continued depreciation against the dollar, the state-run Sunday Mail reported, citing central bank governor John Mangudya.
Canada’s national police force is investigating a heist at the country’s busiest airport that may have netted thieves millions of dollars in gold and other valuables.
Wall Street saw a renewed flight to safety, with bonds climbing and equities dropping after weaker-than-estimated economic data revived fears that a recession could be in store.
Output at US factories increased unexpectedly in February for a second month, representing a respite for a manufacturing sector that has been sluggish amid rising economic uncertainty.
Billionaire Oleg Deripaska said Russia could find its coffers empty already next year and needs investment from “friendly” countries to break the hold of sanctions on the economy.