July 2022

Despite being the world's second largest importer and consumer of gold for many years, with an annual import of 700-900 tonnes valued at $35-40 billion, India is not the one setting the prices, but only the one who takes the prices. Gold…

Sri Lanka is in the grip of a severe economic crisis and India has been at the forefront of extending economic aid Sri Lanka is in the grip of a severe economic crisis and India has been at the forefront of extending economic aid…

ECONOMYNEXT- Fitch Ratings said it was maintaining a negative watch on Sri Lanka's DFCC bank amid a currency crisis that has triggered dollar shortages and sovereign default as bad debts surge. The Rating Watch…

A sign hangs at a branch of Banco Santander in London, UK, Wednesday February 3, 2010.Simon Dawson | Bloomberg via Getty ImagesSantander said Thursday that its second-quarter net profit rose 14% from the same period a year ago, boosted by…

The decision of the Reserve Bank of India (RBI) to allow the rupee in world trade is a precursor to making it an international currency. The RBI said the move was to "support growing interest from global trading companies". Although…

A declining local currency generally translates into higher revenues for exporters as their products become more competitive in global markets. From this perspective, Bangladeshi exporters, which brought in a record $52.08 billion…

Latest ETF newsVisit our ETF Hub to learn more and explore our in-depth data and comparison toolsEmerging market exchange-traded funds have diverged sharply this year, with vehicles focused on major commodity exporters weathering the…

Laura Platt was in desperate need of money to repair her car when she saw an advertisement for Cigno, which offered "quick cash loans of up to $1,000".Key points:ASIC has banned the types of loans offered by Cigno, but the company appears…

KATHMANDU, July 25: Last Friday, the Governor of the Nepal Rastra Bank (NRB), Maha Prasad Adhikari, announced the monetary policy for the financial year 2022/23, a document on which everyone had pinned their hopes. expecting him to come up…

Some cryptocurrency platforms that have seen millions of dollars disappear in digital heists have made an unusual pitch to their attackers: keep some, but give the rest back.Pleas amount to ultimate pleas to convince the hackers to return…

However, the government can revise its excessively revenue-oriented policies to fight inflation and stimulate domestic demand. Topicsinflation | Indian!-->…

A mix of policy changes and a push for real growth would make the rupee more palatable, something no official circular can achieve writes Shivaji Sarkar India needs to come up with new ideas…

In his latest television interview, Banque du Liban Governor Riad Salameh briefly mentioned the possibility of eliminating zeros from the currency (Lebanese lira). A key instrument of this operation is to raise the interest…

Costa Mesa, Calif. - In a career spanning nearly six decades, including public service under five U.S. presidents, Paul A. Volcker, Jr. worked for private and public companies as an esteemed…

On June 29, a Florida court issued a final judgment against a Miami-based payday lender and its CEO, resolving allegations that the defendants misappropriated funds from investors. According to the complaint, the company fraudulently…

BY HARRIET CHIKANDIWA/PRIDE MUZARABANIUNDERFIRE Finance Minister Mthuli Ncube dodged the Senate on Thursday after being summoned to deliver a ministerial statement on the currency crisis, gold coins and the state of the economy. Senate…

Martin Koderischdirector at Edgar, Dunn and companyelaborates on smart contracts and decentralized finance (DeFi) use cases, while addressing key challenges and the emergence of DeFi 2.0The coronavirus pandemic has seen an…

North Carolina Republican Rep. Ted Budd opposed protecting consumers from predatory lending, despite his own state banning the practice. North Carolina Republican Senate candidate Ted Budd has always sided with!-->!-->…

Crypto technology as a means of payment is a logical extension of fintech businesses, but the…

Reading time: 3 minutesOne of the best places to get a loan is from a direct lender. It is likely that using a direct internet lender to apply for a loan would seem strange, but eligible people can benefit from this method.Is it better to…

…

The outbreak of the Covid-19 pandemic and the emergence of geopolitical conflicts as well as international economic competition have all strained the global financial sector, and Hong Kong's financial system is facing complex…

MonaCoin (CRYPTO:MONA) is a cryptocurrency developed in Japan that is based on an ASCII art character, a cat called Mona. It is one of the oldest cryptocurrencies, dating back to 2013. Image source: Getty Images…

Fabio Domenico Vescovi is an agronomist and Earth observation specialist. He is currently Senior Data Scientist and Technical Lead at Cropin. Fabio develops applications of satellite technologies in tropical countries for…

Some blame the increase - which will no doubt affect Egypt's position in the famous Big Mac index - on chicken prices, but this seems not to be the case as the cost of chicken has fallen slightly recently. The recent evolution of the…

ECONOMYNEXT - Sri Lanka's upcoming parliamentary election for an interim president has effectively become a two-horse race with two strong candidates emerging after opposition leader Sajith Premadasa's…

The original and best-known cryptocurrency, Bitcoin, has been active for over ten years. Its value and popularity have increased significantly throughout this period and as a result, it is currently one of the most traded…

RBI aims to ban cryptocurrencies, India's finance minister says.RBI denies crypto as currency, says currencies can only be issued by central banks or governments.India has over 100 million crypto investors and these laws impact…

COLOMBO: Sri Lanka is in the midst of a deep and unprecedented economic crisis that has sparked huge protests and seen its president resign after fleeing the country - but other countries could be at risk of similar problems, according to…

ECONOMYNEXT - Sri Lanka will have to manage imports with available inflows instead of relying on bridge financing, central bank governor Nandalal Weerasinghe said, as rising interest rates and slowing private…

Sunday, July 17, 2022, 5:54 a.m.Opinion: Ramzy Baroud The G7 Mountain peak in Elmau, Germany, June 26-28, and NATO Mountain peak in Madrid, Spain, two days later, were virtually useless in…

Authors: Armida Alisjahbana, Woochong Um and Kanni Wignaraja* The start of the “Decade of Action” to achieve the United Nations Sustainable Development Goals (SDGs) also marked the beginning of an unprecedented period of…

Lending automation platform and provider of decision management solutions and services Turnkey lender secured $10 million in new funding. The amount raised represents a mix of equity and debt financing. Led by OTB Ventures,…

A new report from blockchain company Ripple (XRP) indicates that major players in the financial industry see central bank digital currencies (CBDCs) as the future of fiat money. The Ripple New Value Report published July 15 said more…

Naraka: Bladepoint puts a unique spin on the Battle Royale genre. Instead of a modern setting with guns and explosives, players instead face powerful characters with supernatural abilities in a feudal Chinese aesthetic. There are!-->!-->!-->…

…

The Consumer Financial Protection Bureau (CFPB) announced a lawsuit against ACE Cash Express on Tuesday. Federal agency alleges payday lender generated $240 million or more in reborrowing fees from borrowers eligible for free…

LONDON, July 14 (Reuters) - Shares in emerging markets investment firm Ashmore (ASHM.L) fell to their lowest level in 13 years on Thursday after reporting a much larger than expected exodus of 6.6 billion of its funds after a torrid few…

STRONG POINTS: The CFPB has announced it is taking legal action against a payday lender for allegedly concealing free repayment plans and making unauthorized debit card withdrawals. With its allegations of unfair, deceptive, and…

It is a widely but seldom acknowledged truth that a heavy…

Key points to remember BNB Chain burned nearly 2 million BNB tokens in its 20th BNB autoburn event. Over $444 million worth of tokens were destroyed, bringing the total circulating supply to 161,337,261.09 BNB. Still, BNB appears to…

Cryptocurrencies have opened up many opportunities for various industries, and the billion-dollar iGaming (gaming) space is one such sector. Over the past two years, developers have brought this new technology to the iGaming…

NEW DELHI: The RBI aims to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Services said in a report. In another move aimed at supporting the currency, the RBI on Monday allowed international trade settlement in…

!-->>-->!-->>-->…

The exporters said the move was a step towards accepting the rupee as an international currency. TopicsRBI | exporters | Rupee!-->…

An overview of NFTs! A non-fungible token or more commonly known as an NFT is primarily a digital representation of an asset that can be traded online in crypto exchanges and many other trading platforms. In most cases, NFTs are also…

As inflationary panic gives way to fears of a global recession, emerging market investors are also turning to countries where interest rates are still low.Investors bought local bonds from Indonesia and Thailand,…

High Security Printing EMEA, one of three trade events sponsored by Reconnaissance International, focuses on government specified and issued documents, particularly monetary and identification documents. EMEA stands for Europe, Middle…

…

>-->!-->!-->>-->!-->>-->!-->>!-->>-->!-->>-->!-->!-->…

Rostec, a state-owned company that includes more than 700 defense and technology companies, announcement in June, it…

BBB says stay independent of payday lender debt cycle Consumers can easily fall into the debt trap, especially as inflation appears to be eroding purchasing power. Payday loans can be attractive when you're on the downside of the debt…

BY MTHANDAZO NYONIZIMBABWE, which has experienced acute episodes of hyperinflation and exchange rate instability for at least two decades, should adopt a currency board to curb both vices, said Leon Africa founder Tinashe Murapata. The…

HBO unveiled the trailer for The anarchists, a six-part HBO Original documentary series directed by Todd Schramke and produced by Blumhouse Television. You can watch the trailer using the player below. The anarchists debuts…

Online mortgage lender Better.com is on a mission to reinvent its image. The struggling startup today announced several new senior executive hires, including a new chief growth officer and a new chief sales officer. In case you missed…

The outlook for the pair is still bearish even after forming a morning star pattern. Bearish viewSet a sell limit at 0.6197 and a take profit at 0.6127.Add a stop-loss at 0.6242.Lead time: 1-2 days.Bullish viewSet a buy-stop at 0.6197 and a…

Nigeria's liquefied natural gas company, NLNG, has said it plans to boost Nigeria's gas production by looking at supply, infrastructure, as well as the business or economic framework needed to approach the construction of gas…

Only a small subset of Goldman clients were qualified to buy crypto-related investments through the bank, said Mary Athridge, a spokeswoman for Goldman Sachs. Clients had to complete a “live training” session and attest to having received…

This refers to the report “Has the Gig Economy Failed to 'Deliver' Female Labor? (July the 5th). There are approximately 15 million gig workers in India, less than 10% of whom are women. In addition, female labor is biased. While beauty,…

By Chinwendu ObienyiWith rising crude oil price coupled with a weak macroeconomic environment, financial experts say they expect FX liquidity conditions to remain under pressure as foreign portfolio inflows remain weak and rising Foreign…

Dubai: a fluctuating currency? These are just the changes in the value of one currency against another. If a US dollar is worth one value in your home country's currency today and then another value tomorrow, how does that…

After falling to all-time lows several times over the past few months, the Indian rupee fell to new all-time lows again last week, after breaking through 79 per dollar. And amid the rupee's fall, it has emerged that the Reserve Bank of…

SCOTLAND The Brief, written by Believe in Scotland, is a fantastic read for anyone wanting to learn more about Scotland's diverse and rich economic resources. These resources include energy, oil, gas, food, beverages, finance,…

…

“Over the past two years, for example, the money supply in the United States has increased by more than 38% to around $6 trillion, an increase that typically took decades to achieve. So a combination of unsecured money supply from the…

On Thursday, June 30, hedge fund manager and CNBC contributor Brian Kelly (aka "BK") explained when we can expect Bitcoin price to bottom. According to his organic on the CNBC website, Kelly is the…

Like most emerging market (EM) countries, the Southeast Asian region has come under downward pressure from global inflation fears and the rising dollar. Rate hikes by the US Federal Reserve could shake the armor of the…

By Lauren Berg (June 30, 2022, 9:06 p.m. EDT) – A federal judge in Florida has issued a final judgment in favor of the United States Securities and Exchange Commission after a Miami payday loan company agreed to pay more than $39…

The Reserve Bank of India offered a scathing assessment of cryptocurrencies in its latest financial stability report – saying the risks they create demand attention before they undermine established institutions. "Cryptocurrencies are a…