Britain heading for IMF bailout, warns Dr Doom

Liz Truss’s £45bn tax cutting spree has set Britain on course for a bailout from the International Monetary Fund, a leading economist dubbed Dr Doom has warned, as fears grow that the . Nouriel Roubini, an economist who famously predicted the financial crisis, has warned that British investments are trading “like an emerging market” as … Read more

Crypto’s Brutal Week Ends With a Trading Halt and a Bailout

(Bloomberg) — The meltdown in cryptocurrency markets deepened this week, as major players contended with liquidations, withdrawal freezes, trading halts — and, at least in one case, a bailout. Most Read from Bloomberg Crypto broker Voyager Digital Ltd. on Friday announced a suspension of trading, deposits and withdrawals, while BlockFi, a major digital-asset lender, won … Read more

Russian Gas Squeeze Spurs Bailout Talks for Germany’s Uniper

(Bloomberg) — Energy giant Uniper SE is discussing a possible bailout from the German government after Russia curbed natural gas deliveries, forcing the utility to buy fuel in the spot market at higher prices. Most Read from Bloomberg Uniper said it is in talks with the government for a possible increase in state-backed loans from … Read more

Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows

Don’t miss CoinDesk’s , the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Cryptocurrency investment firm Morgan Creek Digital is attempting to raise $250 million from investors to purchase a majority stake in crypto lender BlockFi, a leaked investor call from Tuesday reveals. Morgan Creek’s plan to rapidly … Read more