International monetary system
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Sri Lanka seeks to boost electric car remittances
Motorists queue along a street to buy fuel at the Lanka IOC gas station in Colombo on August 1, 2022. — AFP archive photo Sri Lanka ... -
Sri Lanka’s trade surplus in June as economy slumps to resuscitate soft peg
ECONOMYNEXT – Sri Lanka has experimented the worst of its economic crisis and its political stability will help the country turn a corner, starting with finalizing ... -
Global Economic Outlook Update, July 2022: Gloomy and More Uncertain
Dark and more uncertain A tepid recovery in 2021 was followed by increasingly bleak developments in 2022 as risks began to materialize. Global output contracted in ... -
The recent surge in Chinese exports gives the wrong signal
A version of a traditional Chinese dragon. (Photo by John S Lander/LightRocket via Getty Images) Light Rocket via Getty Images Chinese exports surged last spring. According ... -
Sri Lanka’s new president appoints his predecessor’s cabinet
Last Friday, Sri Lankan President Ranil Wickremesinghe appointed virtually the same cabinet of 18 ministers as his predecessor, Gotabhaya Rajapakse, saying there will be no change ... -
Peasants form action committee in southern Sri Lanka to fight government attacks
On July 16, peasants from Palagoda in Tangalle, southern Sri Lanka, formed an independent action committee to fight ongoing social attacks by successive Sri Lankan governments ... -
Pakistani Rupee Stocks Tumble Amid Political Uncertainty; Fitch downgrades its rating
Pakistan is rapidly heading for total financial collapse as the rupee hit another record high against the US dollar while the stock market ... -
Sri Lanka says financial bailout talks near end
Sri Lanka’s interim president, Ranil Wickremesinghe, said on Monday the country was almost done bailout interviews with international lenders. “The Acting President further explained that negotiations ... -
Argentina: Import blockages raise fears of imminent shortages
BUENOS AIRES, Argentina — Raul Amil has worked in the auto parts industry in Argentina for more than 25 years. He lived through many economic crises ... -
The IMF and the countries of the South
IMF IMFInternational Monetary Fund Together with the World Bank, the IMF was founded on the day the Bretton Woods agreements were signed. Its first mission was ... -
Pakistan in a deadly inflationary spiral
Pakistan’s current economic struggles illustrate the small fires ignited all over the global economy by war during a pandemic. Like others in countries dependent on imported ... -
Examining Geopolitics in the Age of Globalization – Mapping an Alternative Global Future: Gandhi’s Approach
A former diplomat draws on Gandhi’s philosophy to make a solid case that there is a solution to some of the world’s toughest problems A former ... -
Prime Minister announces additional support for Ukraine and shared priorities at G7 summit in Germany
Prime Minister Justin Trudeau today concluded his participation in the G7 Summit in Elmau, Germany, where he announced significant new support for Ukraine. During the summit, ... -
Patriarch Al-Rai, Lebanon’s top Christian cleric, urges politicians to form a government.
Lebanon’s Christian cleric on Sunday urged grumpy politicians to speed up the formation of a government to allow authorities to prepare for presidential elections due before ... -
India Shining – Star of Mysore
By Dr CD Sreenivasa Murthy The Economist is a prestigious international weekly covering the global economy and politics, and is well known for its critical and ... -
Understanding Pakistan’s Chinese Debt Trap
Pakistan’s latest economic survey indicates the extent of Pakistan’s debt to China. Higher Chinese lending rates, reckless borrowing and a fat defense budget are negatively affecting ... -
On the eve of the exit of the FATF – Journal
Pakistan has crossed the finish line but must wait another quarter of a year to obtain an international certificate and come off the “enhanced watch list” ... -
Pakistan remains on FATF ‘grey list’ subject to on-site verification, financial watchdog says – Reuters
By PTI NEW DELHI (Reuters) – Pakistan will continue to be on the Financial Action Task Force’s (FATF) “grey list” of countries under increased scrutiny, a ... -
The Curse of Currency Complexity
With the complexities comes an insidious burden and a blindness that human nature finds oddly appealing. Complexity is often equated with sophistication, but wrongly so. Objects, ... -
Cryptocurrency Use Case – No Longer Just an Investment Opportunity?
Many people are buying and holding Bitcoin and other cryptocurrencies right now because they see it as an investment opportunity. However, it is known that cryptocurrencies ... -
HCCI slams budget, fears tougher measures under IMF dictates – Latest News – The Nation
HYDERABAD – The Hyderabad Chamber of Commerce and Industry (HCCI) has said that the federal government has appeased the International Monetary Fund (IMF) through the 2022-23 ... -
Advantages seen in the decreasing weight of the greenback
FILE PHOTO: US dollar banknotes are shown in this illustration taken February 14, 2022. [Photo/Agencies] Diversification of reserve currencies can strengthen financial system, forum says Although ... -
HBWWF holds protest rally against rising prices and inflation – Latest News – The Nation
KARACHI — Large numbers of workers here staged a protest rally on Sunday against record high food prices and inflation and demanded to stop making Pakistan ... -
A coming crypto storm for central banks? The focus on digital money is intensifying
Representations of virtual cryptocurrencies are placed on U.S. dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic Join now for FREE unlimited access to ... -
Marcos Jr.’s attempt at legitimacy.
Winning the vote may give someone the legal right to assume elective office, but it does not automatically give the winner the legitimacy they need to ... -
TSA: A step in the right direction – Editorials
EDITORIAL: Earlier this week, a company registrar According to an exclusive report, the Ministry of Finance has prohibited public sector entities (PSEs) and local and self-governing ... -
EXCLUSIVE Sri Lankan PM says he will cut spending in new budget
Ranil Wickremesinghe took office two weeks ago The new finance minister appointed on Wednesday Government plans two-year relief program Inflation could top 40%, protests continue as ... -
Zombie companies could be about to face their accounts
There has been a lull in bankruptcy volumes globally during the pandemic due to relief measures and the deluge of near-free liquidity pumped into the global ... -
Sri Lanka: Crisis-hit Sri Lanka lifts state of emergency: Key developments
NEW DELHI: The Sri Lankan government lifted a state of emergency from Saturday, nearly two weeks after it was imposed across the island nation as it ... -
Blockchain and SWIFT’s dominance in global finance
We’re excited to bring back Transform 2022 in person on July 19 and virtually from July 20-28. Join leaders in AI and data for in-depth discussions ... -
Wickremesinghe chose the Sri Lankan Prime Minister to ease the crisis
COLOMBO, Sri Lanka — Five-time former Sri Lankan Prime Minister Ranil Wickremesinghe was reappointed on Thursday in an effort to bring stability to the island nation, ... -
Does Your Country Really Need Digital Money?
Placeholder while loading article actions Nine out of 10 central banks are exploring electronic versions of physical cash, according to the Bank for International Settlements‘ 2021 ... -
Tailor Insight Releases Report on “Top Blockchain and Crypto Trends of 2022”
HONG KONG, CHINA/ACCESSWIRE/May 9, 2022/Tailor Insight, the Asia-based market research institute, has released a report on “Top Blockchain and Crypto Trends in 2022”. In 2022, it ... -
An assessment of China’s monetary and financial data in the first quarter
Climate affairs are now visible suffering in every nation, battles for each political leadership, while little or no progress in the search for new narratives. Nation ... -
The way forward for striking Sri Lankan workers
Millions of Sri Lankan workers will take part in tomorrow’s one-day general strike, following a similar strike last Thursday. Sri Lankans representing various government establishments shout ... -
Bitcoin boosters see Latin America as “crypto”. Does the idea have value?
Cryptocurrency, like Bitcoin, is popular with many Latin American countries: they see virtual money as a successful alternative to conventional finance. Last year, El Salvador became ... -
Finance Department says deep end-2019 tax cuts have drained state coffers – Reuters
Says tax cuts have made SL one of the countries with the lowest income-to-GDP ratios in the world SL’s ... -
Decisive elections in Lebanon – OpEd
Lebanon is preparing to go to the polls on May 15. Many observers believe that this parliamentary election promises to be one of the most significant ... -
A political record in Sri Lanka as the debt crisis deepens
COLOMBO, Sri Lanka (AP) — Sherry Fonseka joined millions in 2019 to elect President Gotabaya Rajapaksa, a military strategist whose brutal campaign helped end Sri Lanka’s ... -
Small states deserve a voice: AG – FBC News
Attorney General Aiyaz Sayed-Khaiyum said small states deserve a voice in the long-awaited reform of the global debt architecture. He made the comments during the 2022 ... -
Central bankers agree: the dollar is still the best dog
We’ve been writing about the international monetary system long enough to cast some doubt on repeated claims of the demise of the dollar. Of course, we ... -
THE WEEK AHEAD: IMF and World Bank against CBN, who had a better argument
The Nigerian stock market closed higher during the week, with the benchmark ASI rising 2% to 48,459.65, reaching a level not seen in over 13 years. ... -
Why Croatia sees euro membership as a path to security
Placeholder while loading article actions Croatia, which is the newest member country of the European Union and whose economy is heavily dependent on foreign visitors, is ... -
Global financial meeting focuses on food insecurity caused by war
WASHINGTON – World financial leaders are putting the growing crisis of food insecurity and soaring food prices front and center as members of the International Monetary ... -
Russia promises new attacks on kyiv, where 900 civilians have been found dead
Zelenskyy called on “the democratic world” to ban Russian oil. As US lawmakers and US President Joe Biden have enacted such a ban, Europe is becoming ... -
UN crisis response group calls for immediate action to avoid cascading effects of war in Ukraine
The world is on the brink of a “perfect storm” of crises, warns UN Secretary General António Guterres. The disastrous consequences of war on global food, ... -
Will the Ukrainian crisis break the hold of the dollar on world trade? -Quartz
Russia’s invasion of Ukraine and the ensuing economic war reopened the question of whether the dollar’s trade dominance was coming to an end. What would it ... -
Economic crisis in Sri Lanka: the IMF “very worried” begins technical discussions
ECONOMYNEXT – The International Monetary Fund is “very concerned” about the economic crisis in Sri Lanka and has started technical-level discussions with central bank and finance ... -
US Bill Seeks to Investigate El Salvador’s ‘Reckless Gambling’ on Bitcoin
US House Bill Orders State Department to Produce Analysis of El Salvador’s Bitcoin Law The bill also aims to analyze risks related to cybersecurity, global economic ... -
What is Vladimir Putin’s life expectancy?
OPINION: Many world political leaders and even some business leaders who should know better seem to have forgotten the “second step”. When studying economics, students are ... -
The future of public finances
Historically, power shifts from governments to the people. Democracy is the product of revolution and the disruptive innovation of those who abhor the elitism of aristocracy ... -
Satire: China’s Belt and Road Initiative Comes to Capital University
In a stunning announcement, Capital University President Dove Coughwoman announced a plan for Capital University to receive funding from China. Belt and Road Initiativethe country’s investment ... -
EXPLANATION: What would it mean to pay for natural gas in rubles?
BERLIN (AP) — Already high gas prices in Europe have been swirling since Russian President Vladimir Putin announced plans to make importers pay for Russian natural ... -
Russia likely to default with April 4 payment of $2.2 billion, experts say
Investors breathed a sigh of relief last week after the Russian government made a $117 million interest payment on its foreign debt. But a much larger ... -
Pakistan wins $300 million loan from AfDB
ISLAMABAD: Pakistan secured a $300 million loan from the Asian Development Bank on Tuesday to finance the budget and build up reserves that have already fallen ... -
Terra’s LUNA stays close to $100 ATH, with $26B+TVL so far
Neither the author, Tim Fries, nor this website, The Tokenist, provides financial advice. Please review our website policy before making any financial decisions. The Terra (LUNA) ... -
What Russia’s impending default means for the global economy
Russia is heading for a default that will hurt its economy for years and cost investors a fortune after the Kremlin invaded Ukraine – but its ... -
The Birth of a New World Monetary Order as Russia Reels Under Sanctions
New Delhi-As US President Joe Biden unveiled new sanctions against Russia on Friday, he made it clear that the total sanctions and export controls were “crushing ... -
New Tanzanian shillings 41 trillion budget focuses on strategic projects
By Jacob Mosenda By Gadiosa Lamtey Dar es Salaam. Yesterday the government explained the factors behind the 8.1% increase in the budget for the 2022/23 financial ... -
US considering new sanctions on Russia, says Treasury Secretary
U.S. Senate Republicans and Democrats have criticized the administration for not acting immediately to help transfer planes to Ukraine, a sign of daylight emerging between Congress ... -
The conflict in Ukraine enters its twelfth day
TEHRAN — Ceasefire agreements between Moscow and Kiev have broken down, with both sides blaming each other but appearing to be partly on the right track. ... -
The ultimate sanction is listing Russia as a state sponsor of terrorism.
Almost daily since Russia invaded Ukraine last week, the United States and its allies in Europe and Asia have tightened the grip of sanctions against Moscow. ... -
Russian sanctions are tougher than she could have imagined, and it’s going to get worse
It was only on Sunday that I wrote about the drastic escalation on the economic and financial side of the war between Russia and Ukraine. That ... -
Ukraine-Russia War, Kyiv & UN News: Live Updates
WASHINGTON — The United States and Europe moved Friday to personally penalize President Vladimir V. Putin for his invasion of Ukraine, imposing sanctions aimed at freezing ... -
The de-dollarization of Russia pushes more than symbolically
The Ukrainian crisis shows few signs of resolution. The United States and the European Union have imposed a new round of sanctions on Russia, including in ... -
IMF warns eNaira could be used for money laundering and terrorist financing – Blueprint Newspapers Limited
The International Monetary Fund (IMF) is warning Nigeria that eNaira could be compromised by fraudsters and used for money laundering and terrorist financing. The International Monetary ... -
Why Nigerians Should Prepare for More Hardship — Obadiah Tohomdet
Obadiah Tohomdet, former Senior Communications Specialist at the World Bank and Managing Director of SIMANS Strategic Communications Ltd, Abuja, spoke with JOSEPH INOKOTONG on a wide ... -
The IMF in “online talks” with Tunisia for the necessary reforms – Economy
(ANSAmed) – TUNIS, FEB 18 – Tunisia has started preliminary discussions for possible talks with the International Monetary Fund (IMF) in hopes of obtaining several billion ... -
Ruling elite celebrate UK economy ‘rebound’ at workers’ expense
The UK economy grew by 7.5% in 2021, after suffering a weaker than expected hit in December when the Conservative government was forced to implement some ... -
US offers Ukraine $1 billion loan to support economy amid tensions with Russia
The United States has offered a sovereign loan guarantee to Ukraine of up to $1 billion to support the country’s economy as the Eastern European country ... -
Weekly Economic Roundup – Mettis Global News
Feb. 13, 2022 (MLN): The bulls took control of the stock market again this week, as the benchmark KSE 100 jumped 170 points or 0.37% WoW ... -
Corporate price hikes are not the cause of soaring US inflation
Copyright AFP 2017-2022. All rights reserved. Facebook posts claim that the rising cost of goods in the United States is due to rising prices rather than ... -
DeFi will help women regain control of their finances and close the wealth gap
Opinions expressed by Contractor the contributors are theirs. Entering the crypto markets and the DeFi (decentralized finance) financial system can be a challenge. Crypto markets have ... -
Israel expands its Iran strategy amid potential social unrest in the Islamic republic, Opinions & Blogs News
Israeli Prime Minister Naftali Bennett has outlined a broader Israeli strategy for confronting Iran that appears to go beyond a potential military strike against the Islamic ... -
Cryptos could be a “speculative mania”, says economist Eswar Prasad
Discussions with central bankers at a conference a few years ago prompted economist Eswar Prasad to start writing what he planned to be a small volume ... -
Introducing the digital rupee
Precisely, it would be a difficult task for the RBI to issue Digital Rupee. It comes with a host of technological, legal and economic issues that ... -
Week in Lithuania: Covid-19 cases hit record highs, Lithuania blacklists Russian singers, IMF advises on taxes – Baltic News Network
The main news in Lithuania last week was an increase in new Covid-19 cases, the establishment of a Latvian subsidiary of Lithuanian energy company Ignitis Renewables ... -
Lists of $METAMUSK tokens on P2PB2B
Disclaimer: The text below is a press release that was not written by Cryptonews.com. $METAMUSK token: what is it? $METAMUSK Token aims to change the monetary ... -
Lebanon needs more than foreign friends to save itself
It is rare for someone to steal their own bank account. But a robbery this week in Jeb Jannine, in Lebanon’s Beqaa Valley, involved just that. ... -
How to become a major trader
Bark Tae-hoThe author is president of the Lee & Ko Global Commerce Institute and former Minister of Commerce. The cross-border movement of data has become as ... -
Government aware of inflation rate and taking steps to reduce it: Qureshi
The government “is aware of the inflation rate” and “is taking steps to reduce it”, says Shah Mahmood Qureshi. Pakistan’s enemies “want instability and chaos, but ... -
Indonesia will push for new global agency to replace WHO, says Jokowi – Politics
AFP Jakarta ● Fri, January 21, 2022 2022-01-21 09:50 0 0c06e8ca436d6e21bba3a7085613f4b9 2 Politics Indonesia,WHO,President-Jokowi,vaccination,COVID-19,vaccine,G20 To free Indonesia will push for the creation of a new global ... -
Wave Park will be built after an anonymous crypto donation
Bitcoin Beach: El Zonte is a surfing hotspot in El Salvador. The city will now be the location of the first wave park in all of ... -
Hezbollah and Amal end boycott of Lebanese cabinet amid economic crisis
The Lebanese national flag flies in Beirut, Lebanon, August 18, 2020. REUTERS/Hannah McKay Join now for FREE unlimited access to Reuters.com Register BEIRUT, Jan 15 (Reuters) ... -
Biden to appoint Sarah Bloom Raskin as Fed banking regulator
If confirmed by the Senate, Ms. Raskin, a former Fed governor, would become the vice president for central bank oversight, the most influential government overseer of ... -
Pakistan can overcome mounting pressure on external accounts: Baqir – Journal
ISLAMABAD: The Governor of the State Bank of Pakistan (SBP), Dr Reza Baqir, believes the country has the capacity and the financial cushion to overcome growing ... -
Humanitarian warmongers mock US sanctions killing Afghans
With the Taliban in power, Afghanistan and its people are in the midst of a historic global humanitarian catastrophe that may not even have reached its ... -
Another economic recession in 2022?
In 2008, economists were caught off guard by the Great Recession that followed the Lehman Brothers bankruptcy. The main reason for this failure was that they ... -
Pakistani central bank subordinated to the IMF: the head of Jamaat-e-Islami
New Delhi: Sirajul Haq, head of Jamaat-e-Islami (JI), announced an anti-government movement, claiming that the State Bank of Pakistan (SBP) is no longer under his control, ... -
Global Bars and Cafes Market Report 2022
New York, December 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Bars And Cafes Global Market Report 2022” – https://www.reportlinker.com/p06193678/?utm_source=GNW And Norwegian ... -
Economy exceeds expectations despite upheaval
The year 2021 can be seen as another momentous year in the Nigerian financial industry. Recovering from the after-effects and fears of recurring waves of the ... -
Rising energy prices push up inflation
Bangladeshi consumers were hit even harder in November as inflation continued to rise, driven mainly by non-food inflation as the effects of rising diesel and kerosene ... -
former president of the Central Bank of Argentina – CVBJ
Highlights: If he had known the future, he would have bought BTC with central bank reserves, Sandleris said. Sandleris was President of the Central Bank of ... -
“Ponzi scheme” blew up Lebanon’s finances, says UN chief Guterres
Lebanon’s financial collapse was caused by “something akin to a Ponzi scheme,” UN Secretary-General Antonio Guterres said in videotaped comments in a closed-door meeting during his ... -
Bold plan saved the global economy in 2009. With this new plan, we can control Covid | Gordon brown
Ttime and time again throughout history the perpetrators of injustice have absolved themselves and justified greed and inaction by blaming the victim. Amid allegations of African ... -
BEFORE PRESIDENT BUHARI TAKES OFF THE GASOLINE SUBSIDY
Subsidy removal further impoverishes Nigeria’s poor, writes Ike OkontaI am happy that Dr Kalu Idika Kalu, General Ibrahim Babangida’s finance minister in the 1980s, is alive ... -
Africa cannot face climate change alone by Kristalina Georgieva & Félix Tshisekedi
Despite having played a negligible role in creating the climate crisis, African countries are already finding themselves paying the price. More creative and proactive forms of ... -
inflation in exchange for borrowing – Middle East Monitor
Abdel Fattah El-Sisi received the Human Development Report in Egypt for the year 2021 in mid-September, and the Egyptian political system celebrated the report, which was ... -
Croatia Airlines to cut costs and implement new strategy
Croatia Airlines plans to further cut costs and implement its much-talked-about post-Covid strategy next year, company CEO Jasmin BajiÄ said. The CEO said, âTraffic will continue ... -
The IMF lost a bet: why repay them?
This article originally appeared in Spanish on Revista Mugica. Translation by Néstor David Pasteur. WEconomists tend to view neoliberalism as a set of economic policies, the ... -
Passport office works with banks to boost migrants’ international money transfers – The Island
by Sanath Nanayakkare The People’s Bank, the National Savings Bank, the Sampath Bank, the Hatton National Bank and the Commercial Bank of Sri Lanka yesterday opened ... -
bne IntelliNews – National Report on Georgia Dec21
Georgia’s economy remained stable at 6.9% in October, the same level as in September, according to preliminary data released by the statistics office Geostat. For the ... -
Hours of Buenos Aires | 2001 to 2021: time bomb
Twenty years have passed since Argentina imploded in what has been its worst social and political crisis, at least in modern times. The besieged nation defaulted ... -
Punjab governor criticizes Pakistan-IMF deal
LONDON: Punjab Governor Chaudhry Sarwar on Wednesday criticized the deal the Pakistani government signed with the International Monetary Fund (IMF), saying the money lender demanded everything ... -
RBI’s launch of digital currency will mark major monetary moment
A recent advertisement from an Indian crypto exchange group claimed that Indian citizens have more than ??6 trillion invested in crypto assets. A separate crypto platform ... -
Afghan economy on the brink of collapse as pressure mounts to ease US sanctions
MAZAR-I-SHARIF, Afghanistan – Driving down cratered highways at dawn, Mohammad Rasool knew his 9-year-old daughter was running out of time. She had been battling pneumonia for ... -
Analysis-Spain is close to reversing post-crisis labor reforms | The powerful 790 KFGO
By Belén Carreño MADRID (Reuters) – Spain’s left-wing government is close to a major shake-up in pro-business labor reforms put in place after the sovereign debt ... -
On where the fast food industry is heading, look to pizza
Pizza may be timeless, but the ways restaurant owners bring this pizza from kitchen to consumer mouth could not be more timely. With its ease of ... -
US congressional delegation calls for end to political disagreements in Lebanon
BEIRUT: Lebanese Prime Minister Najib Mikati underscored the government’s commitment to implement international resolutions and maintain security and stability, while a delegation from the US Congress ... -
COP 26 events show climate links with locust upsurge and agricultural adaptation | News | SDG Knowledge Center
Agroecology and locusts were highlighted at two side events organized during the Glasgow Climate Change Conference (UNFCCC COP 26). The conference was held in Glasgow, UK, ... -
Sovryn to use Bitcoin-backed stablecoins to expand financial inclusion
The team of Sovryn, a native Bitcoin app for decentralized lending, notes that we are currently in the midst of an unprecedented transition from a global ... -
Does the Glasgow Pact provide us with climate finance?
The Glasgow Pact demanded that the $ 100 billion a year that was pledged in 2009 but has yet to be delivered should materialize by 2023. ... -
Loss of privacy is the main consumer risk for CBDCs
Fidelity International Managing Director Anne Richards stressed that loss of financial privacy – and, subsequently, even access – is the number one risk for consumers to ... -
Financial institutions invited to undertake online self-assessment
Image from Transparency International New Zealand website Transparency International New Zealand (TINZ) will soon be emailing banks, insurers, financial services and KiwiSaver providers a link to ... -
IMF staff complete 2021 Article IV mission in Kosovo
End-of-mission press releases include statements from IMF staff teams conveying preliminary findings after a country visit. The views expressed in this statement are those of the ... -
Michael Casey of CoinDesk: We are building ‘a new crypto civilization’
open sharing links close sharing links Some people hear the word ‘blockchain’ and think of Bitcoin, the extremely fluctuating digital currency that is built on top ... -
Global energy prices to fall by 2022: Moody’s – Energy – Business
File photo: An employee turns a valve on the Nahr Bin Omar natural gas field, north of the port of Basra in southern Iraq. AFP Since ... -
Taxation and financial services Week to come | Brownstein Hyatt Farber Schreck
The House and Senate met again on Monday at noon and 3 p.m., respectively. WHAT TO WATCH Democrats are said to be on the verge of ... -
Lower exchange rates: stop spending cuts and not withdraw money from commercial banks
Again, money exchangers give LD154 for $ 1, even if less than 60 days ago they gave LD170 for $ 1. In August of this year, ... -
Amid surging inflation, alarms have sounded over central banks’ focus on climate change and racial justice
Former Treasury Secretary Larry Summers’ criticism that the Federal Reserve and other central banks are focusing too much on “awakened” social issues reflects a growing concern ...