Asia-Pacific: Omicron is pressuring Australia’s consumer spending.
China: Offshore and onshore defaults have continued to climb with higher pressure for both state-owned enterprises (SOEs) and privately-owned enterprises (POEs).
Additionally, foreign investors pulled capital out of mainland shares.
Cryptocurrency: Crypto crime is increasing, mostly via stolen funds in the decentralized finance (DeFi) space (2 charts).
Energy: Nuclear energy could be made cheaper.
Global Developments: Finally, we have a summary of central banks’ pandemic-era asset purchases.
Food for Thought: Homelessness in Finland:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com