Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

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Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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Pope Francis approves reforms granting women the right to vote at bishops’ meetings – JURIST

Pope Francis Wednesday approved historic reforms granting women the right to vote in the Synod of Bishops, an assembly of bishops from around the world which gathers regularly to discuss Church matters […]

Human Rights Watch report shows hundreds of deaths along Turkey/Syria border

Human Rights Watch (HRW) published a report Thursday claiming that Turkish border guards are shooting Syrian refugees while also using excessive force and torture against asylum seekers entering the country. The report […]

Economists and investors should pay less attention to consumers

It is an idea so seemingly obvious as to need little elaboration: people’s feelings influence their behaviour. In the economic realm this truism helps explain why surveys of consumer sentiment garner attention. […]

Investors have reason to fear a strong economy

It takes two to make a market, which inevitably sets the scene for contradictory opinions. Yet rarely do the signals sent by different markets seem quite as much in conflict as they […]

Indian firms are flocking to the United Arab Emirates

Stand in the middle of the teeming Meena Bazaar in Dubai and it is not hard to imagine you are 1,200 miles across the Arabian Sea in Mumbai. Lanes are filled with […]

If China’s growth is so strong, why is inflation so weak?

When America unshackled its economy from pandemic-era restrictions two years ago, it also unlocked inflation. By mid-2021, consumer prices were rising by more than 5% compared with the previous year. China’s later, […]

Why commodity-trading scandals are multiplying

The choppy waters of commodity trading have claimed another victim. On April 23rd it emerged that ING, a Dutch lender, was suing ICBC, China’s biggest bank. ING accuses ICBC of releasing export […]

Fintech

Sweden’s Bits Technology secures €4M to democratise financial tech services for everyone

Bits Technology co-founder (Left to Right) Jonatan Klintberg, Fredrik Eriksson, Robin Lantz | Image credit: Bits Technology Stockholm-based Bits Technology, a startup that aims to simplify and democratise financial tech services for […]

Patriotic Ukrainians are rushing to pay their taxes

After Russia invaded in February last year, Ukraine’s finance minister, Serhiy Marchenko, braced, logically enough, for government revenues to “plummet”. He says he expected them to fall by roughly as much as […]

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