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This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe/Africa Where Americas edition to send it straight to your inbox every morning of the weekHello. Ukraine said it had launched a…

US Dollars and Ghanaian Cedi Mr. Kwadwo Bamba, a businessman and youth activist from the ruling New Patriotic Party (NPP), called for tough government measures to deal with the growing depreciation of the cedi. “It!-->!-->…

The new International Monetary Fund (IMF) report on regional economic outlook for sub-Saharan Africa presented recently indicates that Nigeria could spend 100% of its income on debt service by 2026. The country currently spends 89%!-->…

Decentralized finance, or DeFi, is a blockchain-based technology that aims to get rid of banks and other financial organizations as middlemen in all financial transactions. It is a relatively new subfield of blockchain technology. With…

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On August 23, a municipal court in Ohio granted a defendant's motion for summary judgment in a case involving a payday loan. According to the order, the plaintiff's complaint alleged that the defendant, in April 2019, signed a line of…

ECONOMYNEXT - Several European countries have relaxed travel advisories issued for Sri Lanka effective Friday August 26, Tourism Minister Harin Fernando said. France, Switzerland, Norway and the UK have relaxed…

On July 12, 2022, the CFPB filed a lawsuit seeking a permanent injunction and other forms of relief against a major payday lender for unfair, deceptive, and abusive acts in violation of the CFPA. The CFPB alleges the payday lender…

The CFPB recently filed a lawsuit against a Texas-based payday lender in Texas federal court alleging that the lender engaged in unfair, deceptive, and abusive practices by concealing free repayment plan options from eligible borrowers…

In recent years, payment company Ripple has seen significant growth through its XRP-based On-Demand Liquidity (ODL) solution. Together with exchanges and other partners, the company has provided people around…

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The Plaza Hotel in New York, in financial circles, is best known for when the finance ministers of France, Japan, the United Kingdom, the United States and West Germany met met in 1985 to suspend the free float of the US dollar.…

An IT specialist working for a medical institution in Russia's Altai Republic has been arrested for illegally mining cryptocurrency on the premises of a Covid-19 hospital. The man minted digital currencies using stolen electricity for…

Dynamics of exchange rates with a strong dollar. Getty Images A strong dollar is ideal for businesses that import products or parts and a strong dollar is good for the international traveler. However, the negative…

Bangladesh should reduce its overreliance on the U.S. dollar and increase the use of other currencies such as the Chinese renminbi (RMB) in international trade to ease pressure on the foreign exchange market, the companies said. .…

European Central Bank (ECB) officials have reiterated their support for central bank digital currencies (CBDCs) in the latest installment of its working paper series. ECB researchers have found that among all other alternatives, CBDCs are…

The gaming industry has grown considerably in recent years. However, providing players around the world with an easy way to pay has proven to be one of the main issues that still needs to be addressed. Fortunately, a…

By Adedapo Adesanya Oil prices ended in the positive zone on Friday but saw a weekly decline on a stronger US dollar and fears that an economic slowdown would weaken demand for crude. Brent crude futures gained 13 cents to…

This is an opinion editorial by Macro Jack, a Bitcoiner with a background in traditional financial services spanning investment research, investor relations, and business development.Environment, Social and Governance (ESG) is an approach…

In East and West Africa, the belligerence of the Muslims of Al-Shabaab and Jamaat al-Nusrat al-Islam -wol- under the aegis of Al-Qaeda has intensified at a time when Al-Qaeda has yet to name a new leader after the murder of…

Earlier this year, Chamber VIII of the National Labor Court declared, in the case “Incidente de Recurso de Queja, Espinoza, Cristian Omar c. Club Atlético Huracan s. despite s. incidente de recurso de queja", that if an employee's wages…

The presidential panel that probed Ibrahim Magu said the compromised cases under the watch of the former acting chairman of the Economic and Financial Crimes Commission (EFCC) were estimated at 333 billion naira, $2 billion…

By Katryna Perera (August 18, 2022, 5:03 p.m. EDT) – An Illinois resident filed a class action lawsuit Wednesday against a California-based loan company, accusing it of abusing tribal immunity to charge up to 800% interest rate on…

Lingang has undergone tremendous transformation in the past three years since the establishment of the Special Zone of China (Shanghai) Pilot Free Trade Zone.This is…

What types of personal loans does Bank of America Balance Assist offer?Bank of America offers Balance Assist to help Bank of America customers manage their short-term cash needs at a lower cost. Customers who meet the bank's criteria can…

By Gina Kim (August 17, 2022, 3:25 p.m. EDT) — A federal judge in Virginia on Tuesday awarded $8.2 million in attorney fees to attorneys for borrowers who sued the owners of a former payday lender who faced allegations that he used…

The Reserve Bank of India (RBI) creates a new set of arrangements to enable businesses to settle foreign trade in rupees. This means that, to use an obvious example, Russian and Indian organizations can exchange goods and services…

OKEO, a provider of digital payment services for European entrepreneurs and businesses, has announced its successful go-live on leading cloud banking platform, Mambu. OKEO helps its customers save time and money by giving…

One of the nation's largest "clean energy" residential lenders suspended loans to homeowners in Missouri, citing economic conditions and a new state law that required more consumer protection and oversight. California-based Ygrene Energy…

Last week, the Commodity Futures Trading Commission (CFTC) ordered gaming site PredictIt to cease operations for failing to follow guidelines. BeCrypto has collected some of the most important stories from the crypto industry in recent…

According to the United Nations, between 800 and 2,000 billion dollars are laundered each year in the world, which represents 2 to 5% of the world's gross domestic product. Of this number, more than 90% are not detected. The exact volume…

Let's say this without euphemisms: Inflation is a deadly disease, But not only because it reduces the purchasing power of workers and plunges the most vulnerable into poverty, but above all because disrupts the functioning of the value…

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The African Union defines “youth” as a person between the ages of 15 and 35. With 70% of sub-Saharan Africa's population under the age of 30, Africa has the youngest population in the world. With such a thriving young workforce, the…

The United Nations trade and development body, UNCTAD, called for action to tackle cryptocurrencies in developing countries, in three policy briefs released on Wednesday. Although private digital currencies have rewarded…

OpenNode in partnership with Launch Cart launched a new Bitcoin payment service on Lightning Network dedicated to e-commerce businesses. Bitcoin and Lightning Network for e-commerce: the new service from OpenNode and Launch Cart…

guest author Launch of MetaCryp (MTCR) to solve the main bottlenecks of the metaverse segment Due to the decline in the overall cryptocurrency market, investors' portfolios have contracted and depreciated. While experts claim that…

Written by Silvia Marchetti, CNNThe village of San Casciano dei Bagni, in the lush Sienese countryside of Tuscany, is widely regarded as one of Italy's premier spa destinations, a place where open-air spa enthusiasts and thermal pilgrims…

The Reserve Bank of India (RBI) has launched measures to promote the rupee as the preferred currency for international trade settlement which will boost exports, Finance Minister Nirmala Sitharaman said on Monday. On July 11, the central…

Mining grades in the Province of Newfoundland and Labrador are governed by the Minerals Act, SNL 1990 c. M-12 (the "Minerals ActBelow is a summary of the main aspects of mining land tenure in Newfoundland and Labrador including issuance…

The Philippines' gross international reserves (GIR) fell for the fifth consecutive month and fell below $100 billion to $98.8 billion at the end of July, but seasonally high inflows of Filipino workers to Overseas (OFW) as well as the…

The Reserve Bank of India's decision to raise the repo rate by 50 basis points, just a month after announcing a 90 basis point hike in the last two reviews, is expected to impact the sector real estate and those paying EMI or looking for…

JThere was a time when being sent straight to video was just about the most dastardly fate a future movie blockbuster could suffer: the vision of its creators confined to the dimensions of a television screen, only ever able to be enjoyed…

On Aug. 5, Hong Kong's central bank bought the largest amount of its currency in one day since May 12 — HK$14.161 billion (about $1.80 billion) — to keep it from weakening. further and break its peg to the US dollar. On July 28, after the…

Zimbabwe has seen strong demand for the gold coins it issued to fight inflation by providing the people with an alternative to the US dollar and giving the country's currency a store of value.After the program began on July 25, the…

Cigno is exactly the kind of company the Australian Securities and Investments Commission had in mind when it called for stronger powers to ban the sale of harmful financial products. Cigno offers short-term loans (commonly called…

Comment this storyCommentThe battle for Asia's preeminent financial institution will be fought with the Federal Reserve supplying ammunition to both sides. How much each can profit from US monetary tightening could ultimately decide…

Cryptocurrency lender Celsius, which declared bankruptcy last month, dropped a demand to pay a former executive $93,000 a month while it pursues legal proceedings.Celsius filed for bankruptcy in July with about $167 million in cash…

By Subrata MajumderThe RBI's decision to allow the convertible rupee for export and import is a precursor to making the rupee an international currency. Although convertibility is limited to the!-->!-->!-->!-->…

Galoy, the open-source platform that powers El Salvador's Bitcoin Beach Wallet, has announced the launch of a new synthetic stablecoin pegged to the dollar. New stablecoin issued by El Salvador coming soon The new stablecoin will…

DUBLIN--(BUSINESS WIRE)--The "Strategic asset allocation and portfolio management" training has been added to from ResearchAndMarkets.com offer. This hands-on 2-day course will review developments and best practices within the…

Continued inflows of foreign funds into capital markets, lower crude oil prices and weak US dollar in global markets are boosting the local currency Continued inflows of foreign funds into capital markets, lower crude oil prices and…

difference of wholesale inflation, As measured by INDEC, it was 1843% since the end of 2001, not counting the months of November and December 2015, for which no information has been published. The rest includes the inflation that…

LIBOR has served as the globally accepted benchmark interest rate for financial markets for over 40 years. Published in five currencies and seven maturities, it included daily estimates of unsecured market borrowing costs provided by a…

Identifying Nigeria's problems without mentioning corruption is corruption itself. Corruption issues have been a major element in winning and losing elections in this country. The promise to root out corruption…

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…

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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!-->!-->!-->…

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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…

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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…

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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,…

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“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…