Economy & Finance

World Bank Approves Historic $50 Billion Loan For Developments Across Africa

The World Bank has approved a historic $50 billion loan to support sustainable development projects across the African continent. The…

4 weeks ago

Global Financial Markets Brace for Turbulence as Central Banks Prepare to Protect

Global markets are on edge this week as major central banks prepare critical policy decisions that could reshape the economic…

1 month ago

Dormant Bitcoin (BTC USD) Whale Wakes Up After 13 Years of Zero Trade Activity

A dormant Bitcoin wallet, holding approximately 445 BTC worth over $50 million, has been moved for the first time in…

1 month ago

Wealth Inequality: Forbes Top 400 American ​Billionaires Pay a 6% Lower Tax Rate Than The Rest of Americans

A new study has revealed that billionaires in the United States pay a lower effective tax rate than the average…

2 months ago

Global Financial Challenges: The Post-1945 World Trading System In Disarray

The global trade order stemming from the post-1945 World War II era is under severe stress due to rising protectionism,…

2 months ago

Saudi Banks Lending Hits Record $850 Billion Fueled By Corporate Demand

Saudi banks extended a staggering SR 3.2 trillion (approximately $849.7 billion) in loans by June, reflecting a sharp 15.8 percent…

2 months ago

Us Federal Reserve Eases Rules To Allow Banks Trade Crypto Services Under Standard Frameworks

The U.S. Federal Reserve has loosened previous restrictions, enabling banks to offer cryptocurrency services such as custody, stablecoin issuance, and…

2 months ago

Monaco Launches Wall-Street-Grade Trading Infrastructure

Monaco unveiled a high-performance decentralized trading protocol built on the Sei blockchain. It features a central limit order book with…

2 months ago

Standard Chartered Bank’s Shares Drop 10% On Congressional Probe Fears

Standard Chartered shares plunged about 9% after a U.S. lawmaker called for an investigation—raising concerns over regulatory scrutiny. If enacted,…

2 months ago

Africa Can Aim For US $5 Trillion GDP Minimum As Catalyst For Development Once United Under Great Leadership -Princess Olatorera Majekodunmi-Oniru

Africa is positioning itself to reach a collective GDP of $5 trillion as a marker of prosperity and economic dynamism.…

2 months ago