October 2022

The president announced a series of strategies to prevent the cedi from rapidly falling against the dollar and other trading currenciesThe president said during his national address on the economy that there are firm plans to…

miniThe RBI injected up to $114 billion to support the INR, but it didn't help much. The RBI Deputy Governor argued for capital account convertibility or the “freedom to convert local financial assets into foreign financial assets and vice…

A joint study conducted by KPMG China and Aspen Digital estimated that 58% of family offices and high net worth individuals (HNWIs) in Hong Kong and Singapore have distributed some of their wealth in cryptocurrencies. At…

On Thursday, Apple announced its fiscal fourth quarter results, and the results were predictable - another record quarter. But of course, Wall Street had already anticipated all of this and decided that much of Apple's growth was not as…

Money, one of mankind's most important and enduring creations, is once again on the brink of a historic transformation. After evolving over the millennia from cowrie shells to clay tablets to precious metals to paper notes and bank…

The deep political crisis in relations between Russia and the West after February 2022 has led to large-scale changes in the application of economic sanctions. There was a significant increase in the speed, focus and scope…

Call of Duty: Modern Warfare 2 Season 1 will bring a lot of content for Multiplayer and Special Ops. It will also include Warzone 2.0, Raids, and a new DMZ mode. Modern Warfare 2's first season is set to launch on Wednesday, November 16,…

Companies operating in multiple jurisdictions must hold multiple bank accounts and trade in different currencies – a complex and difficult situation for corporate treasurers trying to get a single, consolidated view of the company's…

Emerging market (EM) central banks are becoming increasingly sensitive to currency depreciation and several of them have sold a significant portion of their foreign exchange (FX) reserves to slow the pace of decline. Most emerging markets…

Oct 25 (Reuters) - As a developed country, you know your currency is in trouble when investors start hedging with bitcoin.After brief British Prime Minister Liz Truss unveiled her mini-budget on September 23, filling financial markets with…

Is the era of frantic stockbrokers on Wall Street over? Will millennials and Gen Z rack up stock market gains by another means — maybe even AI?There are already AI resources in the stock market. Robo-advisors manage portfolios like…

XRP is a cryptocurrency that powers real-time gross settlements on the XRP Ledger (XRPL) blockchain. Developers David Schwartz, Arthur Britto, and Mt. Gox founder Jed McCaleb began developing distributed ledger in 2011 to improve…

There is no doubt that the future will be driven by cryptocurrencies and other modern technologies. But we are far from giving bitcoin legal tender in our country. This is because the government does not have a positive view of…

As Bloomberg described it, many Western investors – especially at the institutional level – are getting rid of bullion. Meanwhile, Asian shoppers are taking advantage of lower prices to source cheaper jewelry, coinsand…

WHEATON, Ill., October 19, 2022--(BUSINESS WIRE)--The third paragraph, third sentence of the release should read as follows: FTA has collective assets under management or supervision of approximately $178 billion as of September 30, 2022…

The 21st century has arguably changed course with the advent of blockchain technology. One of its main features, of course, is cryptocurrency, the digital currency powered by blockchain's peer-to-peer (P2P) mechanics.Thirteen years after…

The cost of living in Cairo has risen so much that security guard Mustafa Gamal had to send his wife and one-year-old daughter to live with her parents in a village 70 miles south of the Egyptian capital to save money.…

The Kinrakuen (金楽園) is an independent computer-animated short film by Daisuke Hagiwara. The five-minute film explores the meaning of money in modern society and its impact on people. Through a series of moving images and a hypnotic…

Union Finance Minister Nirmala Sitharaman said the Indian rupee was not slipping but the US dollar was steadily strengthening and the Reserve Bank of India (RBI) was doing its best to contain the fall in the currency. rupee.New Delhi !-->…

New data shows that Shenzhen is the first Chinese city using central bank digital currencies (CBDC). Businesses in coastal cities are turning to CBDCs to improve cross-border transactions by reducing costs and speeding up transaction…

The advent of digital IDsIn poor countries, many are born without birth certificates or identity documents, a problem that prevents them from participating in modern society because they cannot prove who they are. Undocumented people…

Crédito y Caución (Atradius) | On October 2, general elections were held in Brazil to elect all the seats in the lower house of Congress, one-third of the seats in the Senate, the 27 state governors and the president. The…

Consumer groups are calling on Parliament to pass changes to payday loans that will prevent vulnerable people from going deep into debt. Payday lenders offer!-->…

(Bloomberg) - Singapore's central bank has tightened monetary policy settings as stronger-than-expected domestic economic growth has allowed policymakers to continue to battle inflationary pressures.Bloomberg's Most ReadThe Monetary…

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The most comprehensive update to date for SD Gundam Battle Alliance is now available on PS5 and PS4. Patch 1.030 introduces a huge list of adjustments - a list that, frankly, is too long to post here. However, we will go…

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As if the global economy needed another crisis trigger, global currency markets are in historic turmoil. Over time, it cannot be contained without a more diversified global reserve currency system. According to Bloomberg, global foreign…

Trading in the yuan-ruble pair surged as Russia struggles under the weight of Western sanctions.…

Anna, Bjerde, World Bank Vice President for Europe and Central Asia, visited Uzbekistan from September 29 to October 2, 2022, as part of a wider trip to Central Asia. Ms Bjerde met with President Shavkat Mirziyoyev, as well…

The World Bank's Global Poverty Growth Report released earlier this week presents a graphic picture of the devastating impact of the COVID-19 pandemic on hundreds of millions of people in the world's poorest countries. world, currently…

SINGAPORE (Reuters) - Moody's Investors Service on Thursday downgraded the rating of the Pakistani government's local and foreign currency issuer and that of senior unsecured debt from B3 to Caa1. The global rating agency also…

There is a new phenomenon that is gaining popularity among gamers. However, it is still not easy to understand exactly what someone means when referring to crypto games. It is a broad term that can!-->!-->!-->!-->…

Stella Stays, a Dubai-based PropTech startup, has partnered with Cairo-based real estate company Tameer to facilitate its expansion into the Egyptian market, the most populous economy in the Arab world.The agreement, signed last month,…

The term “payday loan” generally refers to small, short-term loans, usually given to poorer people with limited access to traditional credit. They are reimbursed automatically on the next paycheck and often cost hundreds of percentage…

(Ecofin Agency) - Ghana's debt could increase by 26% to 104% of GDP this year - due in particular to a sharp depreciation of the Cedi, which is currently one of the worst performing currencies in the world. In addition, there are news…

The long-awaited inclusion of Indian debt in the JP Morgan Government Bond Index Emerging Markets (GBI-EM) is further delayed. Originally slated to be announced in September, it's unlikely to be confirmed until the new…

Like their counterparts in advanced economies, monetary policymakers in Sub-Saharan Africa have become more aggressive on interest rates. On Tuesday, September 27, 2022, the Central Bank of Nigeria (CBN) raised the country's benchmark…