India Kowtows to International Pressure, Relaxes Wheat Export Ban
On May 13, India banned all wheat exports with immediate effect after a heatwave affected the crop. India, the world's second-largest wheat...
Limited Abortion Access: An Economic Cost to the US
Women losing abortion access in parts of US comes as a concern for the US economy. Reproductive rights activists and economists are...
The Influence of Russia-Ukraine War on Middle East
All the world has been affected by the Ukraine-Russian war. However, Egypt is worst hit as it imports 30% of wheat from...
Digital Banking and its Impact on Increasing Financial Inclusion
The 21st century is considered the digital age with technology becoming an important factor in every sector, including the financial sector. Digital...
UAE Telecoms Group Acquires 9.8% Stake in Vodafone
The United Arab Emirates-based telecoms group e& bought a 9.8% stake in Vodafone for $4.4 billion. The announcement comes days after e&...
Deutsche Bank and Commerzbank Lose After $1.9 Billion Sale
The American management company Capital Group caused a strong punishment on the Stock Exchange on Tuesday for Deutsche Bank and Commerzbank. This...
Alternatives to the SWIFT Payment System
SWIFT, also known as Society for Worldwide Interbank Financial Telecommunications, is the most important of all the systems for banking transfers worldwide....
Russian Aggression and its Impact on the World
According to International Energy Agency (IEA), 45% of the Russian state budget in 2021 came from the sale of crude oil and...
Decline of Monte dei Paschi, the World’s Oldest Bank
Monte dei Paschi di Siena (MPS), the world's oldest bank, was found in 1472. The bank's decline comes as a result of...
Indonesia’s Manufacturing Sector Expand Marginally in April
Since April, the S&P Global Purchasing Manager noted that Indonesia's manufacturing sector grew slightly. Based on PMI (Purchasing Manager...