Liz Hoffman
Coverage of Liz Hoffman in the Nexus archive.
- World Bank expects Iran war to slow global growth
The World Bank warns the Iran war will slow global growth to 2.5% in 2024, its weakest since the pandemic. Developing countries face the steepest economic toll, while rising borrowing costs and central bank rate hikes in Europe and the U.S. further threaten growth.
- Could AI tokens be the digital currency that lasts?
The article explores the potential of AI tokens as a lasting digital currency, comparing them to past failed attempts like Bitcoin and eCash. It highlights their growing utility, transferability, and integration with blockchain, suggesting they could become a universal digital store of value as AI technology matures.
- Foreign governments dump US Treasurys amid Iran volatility
Foreign governments are reducing their holdings of US Treasury bonds in response to Iran war-related volatility and energy shocks. Major holders including Japan, China, Saudi Arabia, and the UAE have trimmed their positions to stabilize currencies and manage financial risks. US Treasury yields have reached levels not seen since 2007 amid global bond selloff concerns.