South Africa calls for $25bn financial stimulus through IMF
South Africa’s president Cyril Ramaphosa unveiled fiscal spending worth a tenth of the country’s output, including a first ever request for an IMF loan,...
Barcelona To Push Forward With It’s Own Currency
Barcelona City has said it is going to push ahead with its pilot scheme to roll out a cashless local currency for 2017 and...
Global Trade is Not the Same Anymore: How New Trends and Demands Changed the...
Today, both the global trade and cross-border payment landscape is at the center of several trends. Technology innovation, greater competition, changing customer demands, the...
UK’s Divorce Settlement With EU In Dissaray
The UK government has insisted it will pay “no more than it needs to” in its divorce settlement with the EU, playing down a...
Turkey’s plunging lira and why it wont stop
The Turkish lira has once again made global headlines, with a steep drop of 15% on March 22, running from below 7.20 to the...
Global stocks falter as investors lose faith in potential coronavirus treatment
Global stocks slumped Friday as investors lost faith that a potential coronavirus treatment would soon prove effective.
European stocks fell in early trading, following markets...
Turkey’s Writing Cheques It Can’t Cash
After his party faced stinging defeats in mayoral elections in Ankara and Istanbul last month, Turkish President Recep Tayyip Erdogan promised a “strong economic...
US STOCKS Gain as vaccine hopes offset USA and Chinese tensions
U.S. stock index futures rose on Wednesday as investors took heart from signs of progress in developing a COVID-19 vaccine, looking past record daily...
Malaysia’s Industrial Productivity Up Despite Slowdown in Economy
A measure of industrial production in Malaysia rose in March, beating expectations amid a broader slowdown in economic growth in the country. The Southeast...
As oil falls Asia shares pare gains on caution
Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while...
Why Central banks aren’t rescuing markets
An unprecedented intervention by central banks has helped markets back away from a cliff edge. Now, as the economic pain from global shutdowns intensifies, policymakers are...
Italy’s Government Approves Monte dei Paschi Bailout
The week before Christmas - Italy's Prime Minister Paolo Gentiloni said his government had authorised a €20bn fund to support Italy's turmoiled banking sector.The...
