The IMF said the biggest casualties from another disruption to the Strait of Hormuz will likely be smaller, oil-importing economies in sub-Saharan Africa.
Boardroom sentiment has soured in an economy already grappling with the world’s highest unemployment rate, collapsing municipal services, and intensifying political agitation.
“The disclosures heighten concerns about the president pushing Congress to pass crypto legislation in favor of the very industry he’s cashing in on,” the senators wrote.