Evergrande founder faces life for $300B debt
China is seeking to pressure the United States to cancel tariffs imposed on American drones outside the Strait of Hormuz, amid South Korea’s move to test shipping routes across the Arctic to Europe to reduce dependence on traditional waterways. European stocks remained stable, while the dollar's value fell to its lowest level in three months, following the U.S. Treasury's efforts to calm the bond market. Meanwhile, the weakness of the yen supported the tourism and export sectors, but also led to higher living costs and increased oil imports, with inflation fears resurfacing once again.
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