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Former Khmer Rouge head of state Khieu Samphan is seen inside the courtroom of the Extraordinary Chambers in the Courts of Cambodia as he awaits a verdict in Phnom Penh, Cambodia.

Reuters

Hard Numbers: Khmer Rouge convictions, soaring Sri Lankan inflation, Japan’s Yen-tervention, “Fat Leonard” nabbed

3: After a trial that lasted more than 15 years and cost hundreds of millions of dollars, a court in Cambodia managed to convict just 3 people in connection with the large-scale massacres that the Khmer Rouge regime carried out in the 1970s.

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Paige Fusco

The Graphic Truth: Rich countries feel inflation pinch

The international media have been intently focused on the dire inflationary trend in the United States, where inflation recently hit 8.6% — a 40-year high. Indeed, this swing prompted the Federal Reserve to step in this week and implement its largest interest rate hike since 1994. But the US is just one of many advanced economies feeling the burn of sluggish growth and inflation. In fact, several large economies have experienced even bigger rises in inflation over the past year. We compare these numbers for all G7 countries: the US, Germany, France, Italy, Japan, the UK, and Canada.

This comes to you from the Signal newsletter team of GZERO Media. Subscribe for your free daily Signal today.


What to Expect for Second-Quarter Earnings Season; H2 2020 Outlook | Money In :60 | GZERO Media

What to expect for second-quarter earnings season; H2 2020 outlook

Betty Liu, Executive Vice Chairman for NYSE Group, provides her perspective:

What are analysts expecting, going to the second quarter earnings season?

So, this earnings season has just started this past week, you saw banks kick off their reports. And as you can well imagine, analyst estimates are pretty much all over the place. And part of that is because a good number of companies did not provide guidance. Now, according to some estimates, some analysts estimates, we could see an earnings season decline or earnings decline as much as 44% this time around. That would be one of the biggest declines since 2008, the prior crisis.

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Betty Liu Explains: What COVID-19 Has Meant for Home Sales & Prices | Money In :60 | GZERO Media

What COVID-19 has meant for home sales & prices

Betty Liu, Executive Vice Chairman for NYSE Group, explains:

How has the housing market reacted to the COVID-19 pandemic?

So, as you can well imagine, when stay-at-home orders are put in place, the housing market just dried up. Sales fell dramatically. Existing home sales in the month of April dropped nearly 18%. However, home prices actually continue to still rise. The median price for an existing home in the United States was $286,000. That was a rise of 7.4% from April of 2019.

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TITLE PLACEHOLDERS | Money In :60 | GZERO Media

What is the role of the SEC?

What is the role of the SEC?

So, the SEC has three roles: The first is to protect the investing public. The second is to help maintain fair, efficient and orderly markets. And the third is to facilitate capital formation.

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How the coronavirus hits the world economy

A few weeks ago we first took a look at how a bat (possible origin of the coronavirus) could have a butterfly effect on the world economy.

China accounts for about a fifth of global economic output, a third of global oil imports, and the largest share of global exports. That means that any time the Chinese economy shudders or stumbles, the shockwaves circle the globe. And China is most certainly shuddering.

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