Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
On this week's episode of Idea Generation, celebrity stylist Jason Bolden takes us on a journey from his youth in St. Louis and Chicago to becoming one of the most sought-after stylists in Hollywood. From opening a New York vintage shop to getting a chance to style Gabrielle Union and building a roster of A-list clients, Bolden tells stories through fashion while reimagining what it means to be a stylist.
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Trudeau Notches Win on US Border Dispute During Biden Visit
US Bank Deposits Decline by Most in Nearly a Year
Bank of America Trims Banking, Lending Group Amid Industry Slump
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GE Goes From Bottom of Barrel to High-Flier
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Iranian Activists Want Tech Companies to Ban the Ayatollah
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Air Pollution Casts a Pall Over Booming Bangladesh Megacity
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Khine Lin Kyaw
The Central Bank of Myanmar ordered companies and individual borrowers to suspend repayment of foreign loans, the latest in a series of steps to defend the nation’s dwindling foreign exchange reserves.
In a letter to banks licensed to deal in foreign exchange, Deputy Governor Win Thaw directed borrowers to suspend the repayment of interest and principal of various foreign loans obtained either in cash or in kind. The directive requires licensed banks to inform their business customers with foreign debt to adjust loan repayment schedules with overseas lenders.