A less independent Fed raises risks to a key crisis tool
If the Trump administration exerts more influence on the US central bank, global swap lines could become more politicised
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Chinese asset manager hits Rmb1tn ETF milestone as ‘national team’ supports stocks
Beijing has been promoting the funds as a way to boost the market during turbulence
Trump’s first Venezuela oil sale deal goes to megadonor’s company
Senior Vitol trader met US president at White House last week and gave millions to his re-election campaign
Lebanon’s bonds rally over bets that Iran’s influence could be weakened
Defaulted debt jumps more than 25% as investors hope protests will reduce support for groups such as Hizbollah