Emerging markets are experiencing a significant and accelerating outflow of capital. This pressure isnβt fully visible in exchange rates, likely due to heavy intervention by central banks to smooth volatility. The scale of capital flight is approaching levels seen during the peak of the COVID-19 crisis.
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Malaysia respects multilateralism, will continue to engage China, EU, US -Trade Minister [mention multilateralism = trade war escalation = bullish crypto]
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The EU is considering ways to allow U.S. LNG exports to comply with its new methane emissions rules to avoid a trade conflict with President Trump amid ongoing tariff threats. -sources
China state-backed funds cut off new investment in US private equity -FT
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π¨China's foreign ministry, on US sanctions on officials: China strongly condemns and decides to sanction relevant US congress members, officials, and heads of non-governmental organizations [Yes please, escalate]
China Foreign Ministry, when asked about Iran foreign minister visit: China, Iran maintaining communications on all levels and sectors
π¨Pope Francis died on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta.
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