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Funding & Business

Mexico City’s World Cup Preparations in Full Swing

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Mexico City Finance Minister Juan Pablo de Botton discusses the importance of the 2026 World Cup to the local economy, and also explains why he believes US policies are pushing some would-be visitors to opt for Mexico to watch the sporting event. Minister de Botton speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily at the Bloomberg Power Players News York Summit. (Source: Bloomberg)



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Funding & Business

Bangladesh Central Bank Aims to Boost Reserves to $40 Billion

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Bangladesh’s central bank is working to boost its reserves to about $40 billion by the end of the fiscal year in June in an effort to stabilize its exchange rate, Governor Ahsan H. Mansur said.



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Funding & Business

China’s Central Bank Extends Gold Buying Spree to 10 Months

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The People’s Bank of China increased its gold holdings in August for a 10th month, in a continued push to diversify its reserves away from US dollars.



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Funding & Business

Lula Says Brazil Won’t Allow Foreign Governments to Interfere

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President Luiz Inacio Lula da Silva said Brazil is capable of governing itself without foreign interference, and criticized local politicians who are encouraging “attacks” on the nation.



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