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Swiss voters overwhelmingly approved a constitutional amendment guaranteeing the right to use physical cash. “The vote means Switzerland will join the likes of Hungary, Slovakia and Slovenia, which have already written the right to cold, hard cash in their constitutions,” reports Politico. From the report: Official results revealed that 73.4 percent of voters backed the legal amendment, which...
South Africa’s central bank said it’s monitoring the market and would take action in the event of major dysfunction, after the sharpest bond selloff since the Covid pandemic shook the country’s debt.
Mercedes-Benz Group is considering sharing its manufacturing plant in South Africa with Great Wall Motor, a move that could boost the facility’s viability as US trade tariffs take effect, people familiar with the matter said.