Here’s what is going to come in for emerging Asian economies in 2023
The year 2022, when the global economy was supposed to have recovered from the negative effects of the COVID-19 pandemic,…
Here’s why 2022 was a bad year for Elon Musk and Tesla
In a year when stocks have declined, Tesla’s share price decline of 70% stands out due to the amount of…
Can Europe’s new Social Climate Fund protect poor from rising carbon cost?
Politicians are wary of the social unrest sparked in France in 2018 when the government increased taxes on diesel, hitting…
Here’s why World Bank plans to lend $500 million to help Brazil meet climate goals
Late on Thursday night, the World Bank’s board of directors gave final approval to a $500 million project in Brazil…
Here’s why Indonesia to restrict palm oil exports from Jan. 1
In order to ensure there was enough domestic supply, Indonesia will tighten export regulations for palm oil starting on January…
Here’s how Russian gold is removed from Western funds after Ukraine war
Russian gold worth billions of dollars has quietly changed hands in high-security bank vaults in London, Zurich, and New York…
Here’s why Japan is scrapping its pacifist defence strategy
Japan announced on Friday its largest military build-up since the Second World War, costing $320 billion, marking a significant departure…
The Sovereign Gold Bond Scheme 2022–23
The Sovereign Gold Bond Scheme 2022–23 – Series III, which is open for subscription from December 19–23, 2022, has been…
Here’s why there are record surge in imports from China
China’s latest transgression on the Line of Actual Control in Arunachal Pradesh prompted calls on Wednesday to cut trade ties…
Here’s what the new ties between China and Saudi Arabia mean
During Chinese President Xi Jinping’s visit to the kingdom, Saudi Arabia and China signed a number of bilateral agreements, indicating…
Here’s why nuclear-powered France faces power outage
Due to rising demand from the cold weather and EDF, the state-controlled nuclear company, France is preparing for potential power…
Would Ukraine be able to pay for war without damaging the economy?
Even as Ukraine rejoices in recent victories on the battlefield, its government faces a looming financial challenge: how to cover…
Here’s how the Russian oil price cap, ban will affect consumers
Russian oil export prices will be capped by Western governments in an effort to reduce the amount of money Moscow…
Here’s what ‘deficit mode’ in banking system means
On September 20, 2022, the banking system’s liquidity situation entered a deficit mode for the first time since May 2019.…
Here’s what the mess is all about in the UK economy
Since the new UK government, led by Prime Minister Liz Truss and Chancellor of the Exchequer (Finance Minister) Kwasi Kwarteng,…
