ARCHIVE April2023
Big Asian economies take on the forces of international capital—and win
Battling currency markets used to be considered unwise by central bankers and policymakers. Burning foreign-exchange reserves to take on the forces that push and pull a currency’s value was foolish, so the […]
China’s cities are on the verge of a debt crisis
From several kilometres away China 117 Tower, the world’s sixth-tallest skyscraper, is an extraordinary sight—rivalling anything Dubai, Hong Kong or New York has to offer. On closer inspection, however, the building in […]
David Solomon lacks answers for Goldman Sachs’s angry investors
“I know that everybody wants answers on this,” said David Solomon, boss of Goldman Sachs, as he grew visibly exasperated by yet another query about the bank’s plans for its “platform-solutions business”, […]
America’s property market suggests recession is on the way
Springtime in America, which is just around the corner, brings many fine traditions. The crack of the bat on baseball diamonds. Children rolling Easter eggs on the White House lawn. Families putting […]
The anti-ESG industry is taking investors for a ride
Until recently, there were two iron laws in investing. One, popularised by Milton Friedman, a Nobel-prizewinning economist, posited that a company’s responsibility above all else was to provide returns to its shareholders. […]
German fintech startup Monite raises €4.6M to help B2B platforms add new revenue streams
Image credits: Monite Berlin-based Monite, an API-first embedded finance workflows startup, announced on Monday, March 21, that it has secured $5M (approximately €4.6M) in a Seed round of funding led by Third […]
Russia’s sanctions-dodging is getting ever more sophisticated
On February 24th America marked the anniversary of Vladimir Putin’s invasion of Ukraine by freezing the assets of a dozen more Russian banks. Britain and the EU also lengthened their blacklists. Part […]
155,000 Canada public sector workers strike over federal contract negotiations – JURIST
Over 155,000 Canadian public sector workers Wednesday went on strike as bargaining between the federal government and the Public Service Alliance of Canada (PSAC) continues to stagnate, potentially impacting Canadians’ ability to […]
US Department of Defense announces repatriation of Guantanamo Bay prisoner to Algeria – JURIST
The US Department of Defense (DOD) Thursday announced the transfer of Said bin Brahim bin Umran Bakush, a prisoner held at Guantanamo Bay, to Algeria. With his transfer, 30 detainees remain at […]
UK’s Kingsway Capital backs Barcelona-based ID Finance in €30M round: Know more
Image credits: ID Finance Barcelona-based ID Finance, a fintech company, announced on Wednesday that it has raised €30M in equity led by UK-based asset manager Kingsway Capital. After receiving a favourable review […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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