Financial news

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

6 years by Daniel Williams

3 Comments

Uncategorized

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

6 years by Daniel Williams

2 Comments

Uncategorized

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

5 years by Daniel Williams

1 Comment

Wall Street is praying firms will start going public again

Can you feel the chill? It is bone-deep, now. In 2021 capital markets were searing hot. On average, at least one new firm went public every working day. But financial districts today […]

The countries which raised rates first are now cutting them

Over the past two years The Economist has studied the economic fortunes of Hikelandia. This group of eight countries—Brazil, Chile, Hungary, New Zealand, Norway, Peru, Poland and South Korea—started to tighten monetary […]

The Middle East faces economic chaos

Just over 100 days after Hamas’s brutal attack on Israel started a war in Gaza, the conflict is still escalating. On January 11th America and Britain started attacking Houthi strongholds in Yemen, […]

Australian houses are less affordable than they have been in decades

In Australia, as in most places, waterfront property comes at a premium. But to see the full effects of high-cost Australian housing, look beyond trophy homes on Sydney Harbour and beach pads […]

Fintech

Dutch Klarna rival Billink adds €29.5M to its cart; enter the German market

Billink, a Dutch Buy Now Pay Later (BNPL) firm, announced that it has secured €29.5M in a fresh round of funding from German Varengold Bank. The funds will facilitate expansion into the […]

India Supreme Court restrains politician and Hindu organization in a plea against hate speech – JURIST

The Supreme Court of India issued a restraining order on Wednesday against T. Raja Singh, a political leader and Member of Legislative Assembly (MLA) affiliated with the ruling Bharatiya Janata Party (BJP), […]

UK House of Commons passes bill declaring Rwanda a ‘safe country’ for removed asylum seekers despite Supreme Court ruling – JURIST

The UK’s House of Commons passed a bill to declare Rwanda a safe country by 320 votes to 276 late Wednesday, seeking to bypass the courts to implement the government’s plan to […]

What economists have learnt from the post-pandemic business cycle

Science advances one funeral at a time, to paraphrase Max Planck. The Nobel prize-winning physicist was arguing that new ideas in his field would only catch on once the advocates of older […]

China’s population is shrinking and its economy is losing ground

“HOW SHOULD one look at the Chinese economy?”, asked Li Qiang, the country’s prime minister, at the World Economic Forum in Davos on January 16th. “It is similar to looking at the […]

Banks

Dubai Islamic Bank Launches DIB XTRA to ‘Empower’ Customers Looking to Achieve Financial Objectives

Dubai Islamic Bank (DIB), the UAE-based Islamic bank, has launched ‘DIB XTRA’, an offering that will reward customers who open a salary transfer account with the bank. With DIB XTRA, Dubai Islamic […]

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