What could be more delightful than a trip to Greece to meet Yanis Varoufakis, the charismatic leftwing firebrand who tried to stick it to the man, AKA the IMF, EU and entire global financial order? The mental imagery I have before the visit is roughly two parts Zorba the Greek to one part an episode […]
In the heart of Beijing, within the confines of the Colombian Embassy, a crucial conversation unfolded. Colombia’s President Gustavo Petro sat across from representatives of the Chinese firm Harbor Engineering Company Limited, discussing the contours of Bogotá’s future. The topic: the construction of the first line of the Bogotá subway. Source: bnn.network
Nigeria, South Africa, Egypt and Algeria were among the top 20 nations globally whose nationals were making investment migration enquiries last year, a new report said. South Africa and Nigeria were fourth and eighth in the world in terms of applications, with Egypt, Algeria, Ghana, Kenya, Morocco and Uganda also generating rising numbers of applications, […]
Ukraine’s gross domestic product grew by around 9.1% year-on-year in September 2023, the economy ministry said on its website on Wednesday, citing preliminary data. The ministry also said GDP over the first nine months of 2023 rose by 5.3% compared with last year when Russia launched its full-scale invasion. It described the figures as positive. […]
Yasir Al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund (PIF) and Chairman of Saudi Aramco, said governments and businesses are unable to sustain the level of spending that they did in the past and they must now reduce spending to embrace new realities. “As central banks have tightened monetary policy to slow inflation, businesses […]
The private sector must get involved in tackling global crises as governments alone as governments alone do not have the multiple trillions of dollars required, Ajay Banga, the President of the World Bank, said on Tuesday. The worlds’ crises, including climate change and future pandemics, are now intertwined, and that the growing gap between the […]
As higher interest rates and the cost of living increasingly pinch Canadians’ wallets, consumers ranked Bank of Montreal highest in J. D. Power’s annual customer satisfaction survey. The Montreal-based firm unseated last year’s top-ranking bank, Royal Bank of Canada , which came a close second, with Canadian Imperial Bank of Commerce third. Among the midsize banks, Tangerine Bank took […]
Dozens of China-listed companies announced plans on late Monday to buy back shares or scrap plans of stock selling, following a slew of measures authorities took to boost a flagging stock market. This follows more than a hundred Chinese companies committing to buybacks or withdrawing share sales in August after China imposed new rules as […]
Emirates NBD has launched the ‘National Digital Talent Incubator’ programme as part of the bank’s strategic partnership with the Dubai International Financial Centre (DIFC). Facilitated by DIFC’s venture-building platform, DIFC Launchpad, the bespoke incubator program aims to boost UAE talent and the growth of entrepreneurship within the fintech and digital innovation space. The program will […]
Adani Ports’ total cargo for the first half of the 2023-24 fiscal reached 202.6 million metric tonnes (MMT), crossing the 200 MMT milestone in the initial six months of the year, according to the filing. The growth was contributed by all three cargo types — dry bulk (32 per cent), containers (20 per cent) and […]