Restaurants and cafes are closing down in Russia at the fastest pace since the start of the war in Ukraine four years ago as consumption stalls even in affluent Moscow. Source: reuters.com

Bangko Sentral ng Pilipinas lowered its benchmark overnight reverse repurchase rate by 25 basis points to 4.25% from 4.50% on Thursday. Source: wsj.com

Upheaval at Davos changed calculus on finding permanent chair, according to people familiar with discussions Source: ft.com

National Economic Council Director Kevin Hassett said Wednesday that researchers at the New York Federal Reserve who produced a study finding American businesses and consumers are shouldering 90% of the cost of President Donald Trump’s tariffs should be “disciplined.” Source: cnn.com

Source: gov.ca.gov

The career services hotlines are busier than usual at HK, one of Denmark’s largest unions. On the phones are office workers, computer scientists and laboratory technicians anxious about their professional futures. Just a year ago, Danes were enjoying the spoils of a national hiring spree. Now, career transitions and reskilling are top of mind. A […]