Funding & Business
Nepal's Leading Business Owner on Political Unrest
Nirvana Chaudhary, Managing Director of Chaudhary Group, one of Nepal’s biggest employers and tax payers, discusses the recent unrest in the country. Nepal is facing its most serious political crisis in decades, as Gen Z protesters — mostly teenagers and young adults — flooded the streets after the government’s abrupt ban on popular social media platforms. Chaudhary speaks exclusively on Bloomberg’s ‘Insight with Haslinda Amin.’ (Source: Bloomberg)
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Nigeria’s naira hit a near seven-month high boosted by stronger oil export earnings and foreign demand for the high yields offered by the local debt market ahead of possible interest rate cut next week.
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The long end of the municipal debt market has recently bounced back from a difficult start to 2025 as investors amp up their expectations for rate cuts from the Federal Reserve.
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UBS US Economist Abigail Watt is penciling in a 50 basis point cut in December amid weakness in the US economy persisting, and accelerating in the fourth quarter. She speaks to Bloomberg’s Jonathan Ferro and Lisa Abramowicz on ‘Surveillance.’ (Source: Bloomberg)
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