Published by Promoting Economic Pluralism
Prices that double every year, the Turkish lira at record lows, the Central Bank’s foreign exchange reserves in negative for the first time in 21 years, a tangle of regulations …
Straightening Turkey’s economy: The main challenge of Erdogan’s new term Read More
LONDON — The U.K. will invest £1 billion over the next decade to secure semiconductor supplies and boost its chip design sector, Prime Minister Rishi Sunak announced in the early hours …
UK plays catch-up in chips war with £1B semiconductor strategy Read More
Everyone with a mortgage in London—and the rest of the UK—woke today (May 11) to the unwelcome news that interest rates, and therefore the cost of paying for their homes, are likely …
The super-rich are gobbling up prime London properties at a rate not seen since Brexit Read More
NIIGATA, Japan, May 11 (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of …
Yellen says G7 members looking at how to counter China’s ‘economic coercion’ Read More
It is eleven o’clock in the morning at the Madrid headquarters of the Renta 4 bank and a group of eight young people from various countries are typing away concentrated …
AI: When the machines tell you where to invest: ‘You won’t always win’ Read More
A crisis of confidence in the US banking sector led people to pull their money from banks including Silicon Valley Bank and Credit Suisse, and more recently, First Republic Bank and California-based PacWest …
Digital bank runs: social media played a role in recent financial failures but could also help investors avoid panic Read More
Amid waning consumer trust and regulatory pushbacks, African crypto startups are dealing with the lack of venture dollars needed to gain competitive advantage against local and global counterparts. Chiamaka, a …
Africa fell in love with crypto. Now, it’s complicated Read More
The International Monetary Fund wants Egypt to enact more of the reforms that Cairo has committed to before it conducts the first review of the country’s $3bn rescue package, Bloomberg …
IMF wants Egypt to make reforms before bailout review: Report Read More
The incoming president of the World Bank was born in India and forged his early business success there, a fact supporters say gives Ajay Banga valuable insight into the challenges faced by …
New India-born World Bank chief: Real change or rebranding? Read More
When major oil companies announced record earnings in February, even US President Joe Biden was appalled. The White House said it was “outrageous” that ExxonMobil had raked in a profit of $56 billion (€51 billion) in …
How company profits are keeping prices high Read More