Global Economic News: Amazon Stock Dip and BRICS' Yuan Initiative

Global Economic News: Amazon Stock Dip and BRICS' Yuan Initiative

Published on

Amazon's stock experienced a 5.1% decline this week as investors retreated from large-cap growth names. Separately, the BRICS New Development Bank is actively promoting the Chinese yuan as a key funding currency for the Global South.

Amazon Stock Drops 5% as Wall Street Updates Price Target

Amazon stock drop of 5.1% this week came as investors pulled back from large-cap growth names across the…

BRICS New Development Bank Touts Chinese Yuan For Global South Funding

The BRICS New Development Bank (NDB) is touting the Chinese yuan for funding across the Global South. China’s…