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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The World Bank’s embattled chief steps down

David Malpass’s presidency of the World Bank started and ended in controversy. When Donald Trump picked the former investment-bank economist and Treasury official in 2019, Mr Malpass was seen as someone who […]

Cobalt, a crucial battery material, is suddenly superabundant

Just a year ago a global crunch in one metal looked likely to single-handedly derail the energy transition. Not only was cobalt, a crucial battery material, being dug up far too slowly […]

Scrutiny of major crypto institutions is intensifying

The crypto crowd is hardly known for understating its own importance. Its members dubbed the implosion of ftx, the crypto exchange which collapsed spectacularly in November, the industry’s “Lehman Brothers moment”, a […]

Banks

Increasing Number of Banks are Looking for Fintech Partners Reveals Finastra

The role of collaboration and partnerships in the success of the fintech industry cannot be understated. According to research commissioned by Finastra, three in four global banks plan to partner with an […]

The case for globalisation optimism

“We are suffering just now from a bad attack of economic pessimism,” wrote John Maynard Keynes in 1930, in the midst of a disintegrating global economy. He went on to describe the […]

Why more Chinese tourism means more capital flight

A railway tour of Laos, a trip to the far corner of Russia to see the Northern Lights, or a polar cruise in the Arctic. These are some of the adventurous options […]

The world’s interest bill is $13trn—and rising

After a relaxing 2010s, in which interest rates hardly budged, rising prices are putting central-bank officials to work. Indeed, policymakers have rarely been busier. In the first quarter of 2021, policy rates […]

Xi Jinping’s next overseas-lending revolution

China has plastered slogans on its loans for as long as it has lent overseas. The “Going Out” strategy in 1999 gave way to the “Community of Common Destiny” in 2011, which […]

What war has done to Europe’s economy

After three years of pandemic shutdowns, reopening booms, war, clogged supply chains and nascent inflation, European policymakers thought that 2023 would be the year the old continent returned to a new normal […]

Despite the bullish talk, Wall Street has China reservations

Any fool, with a bit of luck, can make a spectacular return by betting on a coin flip. Yet they risk losing everything in the process. The ultimate outcome for investors is […]

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