Tim Leissner receives a two-year sentence for his involvement in the 1MDB fraud, affecting high-level officials and involving billions in misappropriated funds.
Goldman Sachs has increased its U.S. recession forecast to 45% amidst tariff-related economic turmoil, as banks warn of rising unemployment and inflation.
Goldman Sachs highlights potential buying opportunities in $60 billion of bonds from Chinese firms affected by military links, despite temporary market impacts.