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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Former El Salvador president sentenced to six years in prison for tax evasion – JURIST

A court in El Salvador sentenced former Salvadoran president Mauricio Funes, to a term of six years in prison Wednesday on charges of tax evasion. Funes is also alleged to have involvement […]

Kenya-Somalia border reopening delayed due to terrorrist attacks – JURIST

Kenyan Interior Minister Kithure Kindiki announced Wednesday that Kenya is delaying plans to reopen its border with Somalia due to a wave of attacks linked to al Qaeda militants. Earlier in May, […]

Economists draw swords over how to fix inflation

For as long as inflation has been high economists have fought about where it came from and what must be done to bring it down. Since central bankers have raised interest rates […]

Copper is unexpectedly getting cheaper

IN LATE JUNE Robert Friedland, the bombastic boss of Ivanhoe, a Canadian miner, warned that the world was running the risk of a “train wreck”, when a crunch in copper supply would […]

Does it pay to be a communist in China?

China’s communists see themselves as a “vanguard party”, full of dedicated social warriors. Less than 9% of the country’s adult population are members, according to figures released on June 30th. Gaining entry […]

How far will Wall Street job losses go?

It is easy now to point to phenomena that were features of the zero-interest-rate age. Ape jpegs selling for millions of dollars; algorithms pricing and buying homes; 20-something tech workers making “day […]

Erdoganomics is spreading across the world

Turkey’s economy does not obviously inspire emulation. Over the past five years it has been battered by soaring annual inflation, which hit 86% in October. The central bank is fresh out of […]

How to win the battle against inflation

Over the past year we have examined the economic fortunes of Hikelandia. In this group of eight countries—Brazil, Chile, Hungary, New Zealand, Norway, Peru, Poland and South Korea—central banks have fought inflation […]

Banks

Standard Chartered and Atome Forge Strategic Partnership to Boost Consumer Payments in Singapore

Standard Chartered Singapore has announced an innovative partnership with Atome, marking the first-of-its-kind ‘lender of record partnership’ in the country. The collaboration between the retail bank and the buy now, pay later […]

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