April 2022

DUBAI: When Anisha Oberoi was diagnosed with aggressive breast cancer ten years ago, it prompted her to reevaluate everything in her life. She received treatment, kept a great job at Amazon, and moved to Dubai. But that did not meet…

In The Economic Weapon: The Rise of Sanctions as a Tool of Modern War, historian Nicholas Mulder reminds us that even when Britain and Russia fought fiercely in the Crimean War of 1853-1856, they continued to fight each other. pay each…

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The United Arab Emirates (UAE) has announced the dates for the sale of treasury bills issued in Emirati dirhams. the Ministry of Finance said the first auction will take place on May 9. The auctions will then repeat in June, August,…

On Wednesday, Russian President Vladimir Putin escalated the geo-economic war between his country and the West by suspending gas supplies to Poland and Bulgaria, citing the two countries' refusal to pay in Russian rubles. This decision,…

Some Russian banks have been banned from SWIFT, a cross-border messaging service for banks. India reportedly considered a Russian proposal to use the PSSA for…

PackHedge™ by FinLab Solutions SA The reconciliation features are a real added value for Family Offices, Managed Accounts and other Portfolio Managers who…

WEB OFFICE In a bid to develop and regulate financial products and services, the government-controlled International Financial Services Centers Authority (IFSCA) on April 27 issued a framework for fintech entities in the fields…

THOUSANDS of QuickQuid customers could be set to receive a £900 refund, months after the business collapsed into administration. The payday lender collapsed in October 2019, leaving its customers in a state of financial uncertainty.…

April 27 (Reuters) - As inflation hits its highest level in four decades, Utah business owner Steve Allred worries about the U.S. dollar's declining purchasing power.To help hedge against the possibility of the situation worsening, Allred,…

Boeing 737 Max planes are parked at Boeing Field November 18, 2020 in Seattle, Washington. David Ryder/Getty Images Aviation has been on a roller coaster. We have experienced the biggest drop in demand in its history and…

SAN FRANCISCO, April 26, 2022 /PRNewswire/ -- Okcoin, the US-licensed fiat-focused global crypto asset exchange, today announced the upcoming listing of the Provenance Blockchain utility token CHOP. Okcoin is the first exchange in the…

The U.S. dollar hit its highest level since March 2020 on Monday and is on track for its best month since January 2015, buoyed by expectations that the Federal Reserve will need to raise interest rates aggressively to rein in the…

ECONOMYNEXT - Standard and Poor's, a rating agency, said it had downgraded Sri Lanka's sovereign rating to "selective default", a bond coupon payment was missed on US$1.25 billion of sovereign bonds. Individual…

New Appreciation Day is part of QuickBooks Small Business Success Month in May INTUit (NASDAQ: INTU), the global technology platform that QuickBooks , TurboTax , mint , credit karma and MailChimp may declare as Small…

Economy Weakening shilling drives up Nairobi highway toll charges ahead of launch Monday, April 25, 2022 Nairobi Expressway along Waiyaki way, Westlands in this photo taken April 16, 2022. PHOTO | JEFF ANGOTE | NMG…

ECONOMYNEXT – The Washington-based International Monetary Fund has welcomed Sri Lanka's planned negotiations with creditors after the island suspended repayments and said initial talks with a team led by Finance…

Ethereum is moving from a proof-of-work (PoW) governance mechanism to a proof-of-stake (PoS) governance mechanism in the foreseeable future, which will result in a faster and more efficient blockchain. The Ethereum network has seen a huge…

Eve Online subscriptions are growing, including the one-month plan, which is growing for the first time since 2004. In a blog post justifying the changes (thanks, PCGN), CCP says the hike "reflects global trends impacting…

Low-rated frontier markets and oil-importing countries in the Middle East and North Africa (MENA) region are most exposed to a prolonged funding shock amid tighter global financial conditions and monetary policy in because of Russia's war…

Posted on Thursday, April 21, 2022 at 2:27 PM Join AFP's more than 100,000 followers on Facebook Buy an AFP subscription Subscribe to AFP podcasts on Apple podcast, Spotify and pandora News, press releases, letters to the…

The economic shutdowns, rising inflation and turbulent markets of the past two years have caused many to question the economic systems that have prevailed in the West. No topic characterizes!-->…

LEAWOOD, Kan. (WDAF) - The former home of a Leawood, Kansas man who was jailed for tax evasion will go up for auction on Thursday. In March, Scott Tucker, 59, was sentenced to three years in prison for tax evasion and ordered…

As TV networks scramble to find a new yardstick for measuring modern video audiences, one of the top buyers of ad time says he's already waiting at the finish line. Horizon Media, an independent Madison Avenue media agency that works…

MIAMI — Former presidential candidate Andrew Yang says Covid stimulus checks aren't to blame for the recent spike in inflation — and he's still in favor of sending people free money as a way to insulate workers from economic shocks and…

ECONOMYNEXT - Sri Lanka has experienced 7 years of stagnation triggering three currency crises under "flexible" inflation targeting, a failed attempt to implement a domestically-anchored monetary policy despite a…

A representation of Bitcoin is seen in front of a stock chart and a US dollar in this…

The UK has tentatively started regulating and diving into cryptocurrencies and digital currencies, but Joseph Robertson thinks this could be a golden opportunity for post-Brexit Britain. Mr Robertson, director of the Orthodox Conservative…

Travelers are increasingly using Bitcoin to pay for various travel services. Discover the advantages of using Bitcoin to travel the world. Travel is one of the critical industries driving crypto adoption. Several travel and travel…

Text size A trader on the New York Stock Exchange.…

(Bloomberg) - Singapore's central bank has tightened monetary policy settings further and raised its inflation forecast, pushing the currency higher as it seeks to tackle cost pressures threatening the post-pandemic recovery.Bloomberg's…

High energy prices and continued purchases of Russian gas and oil in the first quarter of 2022 allowed Russia to post the highest current account surplus in recent history, indicating that the sanctions of the EU against…

When applied well, technology helps organizations thrive, innovate and compete. Today's digital landscape offers a host of new business models, cost savings and improved bottom lines. The impact of technology on the environment and its…

New to ClassAction.org? Read our newswire disclaimer The individuals and tribal entities behind payday lender 500FastCash are facing a proposed class action lawsuit for their alleged practice of charging illegal and usurious…

LOUISVILLE, Ky. (WAVE) – Kentucky law allows triple-digit interest rates on certain loans. The logic of the 1960s law was simple. Consumers have the option of paying the price in cash or the price on credit, but the price on credit can…

The Egyptian government is considering obliging local shipping agencies operating in Egyptian ports to accept payment of handling charges for local containers in Egyptian pounds and to stop trading in foreign currencies.This came after the…

In July, the state ordered a dozen ATM providers that sell crypto in exchange for cash — including Cash Cloud, Coin Now, and DigiCash — to register as money senders, despite calls from companies, documents obtained by the Times show.Last…

Pedestrians walk past a branch of Alfa Bank, Russia's largest private bank, in Moscow…

(Bloomberg) -- Russia continues to press for a ground assault in the Donetsk region while trying to complete its take of Mariupol in the south, which has been under brutal siege for a month. The reaction continues to pour in after the…

Stocks headed for a weekly loss on Friday as the prospect of aggressive global rate hikes finally began to rattle investors, while bonds fell and the dollar looked poised for its best week in a month.MSCI's broadest index of Asia-Pacific…

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London is once again the most expensive construction site in the world, according to the latest Arcadis reportMany cities in North America and Europe are showing double-digit cost increases, including Chicago, New York, Munich, Berlin and…

Ting Shen/Bloomberg via Getty ImagesMany payday loan borrowers are not using the cheapest repayment option in states where it's available, perpetuating a cycle of high fees and debt, the Consumer Financial Protection Bureau said in a report…

MoneyMutual is a payday loan company that allows a customer to borrow money ranging from $200 to $5000 within 24 hours of applying, even someone with bad credit. Loans are obtained by filling out a simple form on…

in today Money Morning…Russia bets on gold, breaks with petrodollar…renewable energy decreases the need for the petrodollar…and more… “The economic law that honest exchange requires only things of real value like money cannot be abrogated.…

You heard the news. Interest rates are rising. When clients of financial advisors hear this, they think of mortgages and certificates of deposit. Advisors' minds are rapidly drifting towards the mess their bond portfolios are turning…

As for Rep. Will Guzzardi's letter to the editor on payday lenders, it's one thing to report success, it's another to have data to back it up.Guzzardi is right to say…

SEOUL, April 5 (Yonhap) -- South Korea's foreign exchange reserves shrank in March as the dollar-converted value of its assets fell and the unloading of dollars aimed at curbing a sharp drop in the local currency, central bank data…

IMF First Deputy Managing Director Gita Gopinath said Western restrictions and sanctions imposed on Russia to deprive the country of the global financial market and foreign currency reserves could wither the current global monetary system.…

Martin Wolf offers a useful summary of the debate around the international monetary system (“A New World of Monetary Disorder Looms”, Opinion, March 30). Sanctions against the Russian central bank have frozen official reserves of…

Industry KDIC strengthens banking supervision with new data system Monday 04 April 2022 Mohamud Mohamud, Managing Director of Kenya Deposit Insurance Corporation. PICTURES | NJAU SALATON | NMG By CONSTANT MUNDAMore…

In West Africa, cereal prices have increased due to below-average agricultural production, persistent insecurity in the Sahelian countries, strong export demand, depreciation of local currencies and reduction in cross-border trade. The…

The West's actions against Russia since the war in Ukraine could signal the emergence of a new order that avoids the United States for militarizing the dollar and Western control over the global financial system.by Prabir PurkayasthaDoes…

Latin America is proving "a cherished destination for investors in 2022", Anisha Sircar and Rodrigo Campos tell Reuters. Low valuations and soaring commodity prices boosted stocks in the region. The currencies of Brazil, Colombia, Peru…